All Finance articles – Page 710
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News
Heineken beer volumes boosted by the World Cup
Heineken saw overall beer volumes rise 3.1% and a “mid-single digit” figure in the UK as the World Cup and warm weather helped boost first half trading.
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Analysis & Features
Petrol price war is no game changer for under-pressure supermarkets
The so-called grocery price war has spread to the petrol pumps, but the supermarkets are unlikely to see much benefit.
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News
Imperial Tobacco reports a 1% slide in global sales
Imperial Tobacco Group said today it remained on course to acquire a range of US cigarette brands as it reported a 1% fall in global revenue for the first nine months of the year.
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Analysis & Features
Chiquita's bid rejection just the first round of a long takeover fight
Chiquita’s decision to reject a $611m takeover will have been met with a huge sigh of relief from Fyffes boardroom and shareholders alike.
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News
Tesco Clubcard operator Dunnhumby in predictive data venture
Tesco-owned data group Dunnhumby has taken a 50% stake in Sandtable – a data science company…
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Analysis & Features
What the Russian export ban means for UK food and drink
Less than 1% of British food exports go to Russia, but restrictions could still have serious knock-on effects on UK prices…
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News
Chiquita vows to to press ahead with Fyffes merger
US banana firm Chiquita has rejected a $611m takeover bid and reaffirmed its intention to merge with Irish contemporary Fyffes.
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Analysis & Features
Asda reaps the benefits of early action on prices
If the supermarkets have indeed been locked in a price war this year, today seems to confirm Asda as the clear winner of round one.
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Analysis & Features
UK food and drink exports survive strengthening pound
The early signs are that the UK food and drink industry is contuing to grow exports despite the strength of the pound.
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News
Executive pay falls at Diageo as growth slows
Diageo CEO Ivan Menezes earned less in his first year as CEO than he did as chief operating officer as the spirit giant’s revenues were hit by a slowdown in emerging markets.
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Analysis & Features
The supermarket ‘perfect storm’ shows few signs of blowing over
The UK may have weathered the tail-end of hurricane Bertha just about intact, but the fierce storm blowing through the grocery sector is far from petering out.
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Analysis & Features
Fyffes could suffer collateral damage from US battle over “corporate deserters”
US political pressure over Chiquita’s plans to shift its tax HQ to Ireland could help see rival bid succeed.
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News
Tesco needs to cut SKUs to take fight to Asda, claim analysts
Tesco has considerable scope to cut costs by reducing its growing SKU count, analysts at Brewin Dolphin have said…
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Analysis & Features
It’s not all doom and gloom in emerging markets
A slowdown in growth in emerging markets has hit global fmcg firms hard, but Nestlé’s second quarter performance is cause for hope
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News
Mondelez third-quarter results disappoint as Nestlé flourishes
It was a week of diverging fortunes for two of the biggest names in global food – Nestlé and Mondelez…
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Analysis & Features
Waitrose: finally falling victim to a bruising market?
Last week’s surprise warning about profits and a recent run of poor trading have raised questions. So what’s going on?…
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Analysis & Features
Supermarket inflation falls to lowest recorded this year
Inflation across the big four supermarkets has fallen again to reach a new annual low…
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News
Kerry Group battles changing shopping trends to post first-half profit growth
Irish food supplier Kerry Group overcame fickle UK shoppers and turmoil in its emerging markets businesses to grow profits in the first six months of 2014.
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Analysis & Features
Chocolatier Charbonnel et Walker snaps up rival House of Dorchester
Premium chocolatier House of Dorchester has been acquired by fellow up-market confectioner Charbonnel et Walker, The Grocer understands.
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News
Walgreens to complete Alliance Boots takeover
US pharmacy chain Walgreens has exercised its option to buy the entire shareholding of Alliance Boots.