All Finance articles – Page 736
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NewsMedia Bites 17 February: Tesco, Ferrero, tobacco packaging
The weekend story that ITV chairman Archie Norman is in the frame to become the new Tesco chairman is heavily followed up in this morning’s papers
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NewsCity snapshot: Late entrant Archie Norman now looks favourite for Tesco chairmanship
The process of finding a new Tesco chairman looks far less like the coronation it seemed two weeks ago, with observers now picking late entrant Archie Norman as favourite for the post.
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NewsConsumer products sector dealmaking set to continue the 2014 surge
Strategic portfolio optimisation will continue to be one of the most important deal drivers in the coming year in the consumer products sector, according to Big Four financial services firm EY.
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Analysis & FeaturesThe Grocer Says: 3G Capital’s rumoured SABMiller bid is a new take on an old story
Shares in global brewer SABMiller (SAB) were up by more than 2.5% this morning on weekend reports that Brazilian investment giant 3G Capital was eying up a swoop for the UK-listed firm.
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NewsMedia Bites 16 February: Tesco, SABMiller, CBI
What the papers are saying about the industry this morning
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NewsCity Snapshot: 3G linked with potential $75bn takeover of SABMiller
SABMiller share price climbs as rumours emerge of a potential $75bn bid by 3G Capital. Plus a new candidate to become Tesco chairman enters the race and Ashbury Chocolates jobs saved in administration rescue deal.
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NewsHundreds of jobs saved at Ashbury Chocolates in rescue deal by Duc d’O owner
More than 200 jobs have been saved at a Midlands chocolate maker after the owner of Belgian brand Duc d’O acquired the company out of administration.
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Analysis & FeaturesTesco and Morrisons shares seesaw in face of fragile recovery
Shares in Tesco and Morrisons shot up this week after data showed the beleaguered supermarkets enjoying significantly impr…
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NewsKellogg reports $293m loss in Q4 as US cereals market goes soggy
Kellogg has posted large losses in its final quarter and lowered sales expectations as consumers in the US turned their backs on cereals and snack bars.
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NewsPernod Ricard sees gradual improvement despite "challenging" conditions
Pernod Ricard says it expects profits to grow between 1% and 3% this financial year, after announcing its first half results.
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Analysis & FeaturesFood deflation at new record but prices are actually up
Annual food deflation has reached record levels, but grocery prices were nevertheless higher in January…
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NewsMedia Bites 13 February: Morrisons, Tesco, Ocado
A former Morrisons chairman attacks Sir Ken Morrison for his treatment of sacked CEO Dalton Philips.
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NewsCity Snapshot: Bumper Ocado share price hands directors a healthy pay day
Ocado board receives a near £20m pay package in the year of its first profit and Waitrose sales fizz in the run up to Valentine’s Day. Plus all the latest moves in the City.
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NewsOcado executive team share in bumper £19.6m pay package
Ocado executives were awarded a bumper £19.6m pay package last year thanks to the online grocer’s share price gains.
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NewsTrevor Strain takes on more responsibilities as departure of Dalton Philips is moved up
Philips to depart on Monday as board continue search for full-time successor, Strain was formerly Morrisons CFO
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NewsCity Snapshot: Bakkavor defies challenging conditions to outperform the market
Food group Bakkavor outperforms the fresh prepared foods market as sales grows and Imperial Tobacco takes a hit as the strength of sterling drags on revenue. Plus the latest share price movement of Poundland, Reckitt Benckiser and the grocers.
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NewsMedia Bites 12 February: BoE, Imperial Tobacco, Heineken, PepsiCo
The strength of sterling places havoc with with international traders and the Bank of England may take a look at raising interest rates earlier than expected.
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NewsPepsiCo launches share buyback programme after solid year
After Coca-Cola’s upbeat full-year earnings release yesterday, PepsiCo beat market earnings expectations today while announcing a major share buyback.
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NewsPoundland share price slips as largest shareholder sells 14% stake for £142m
Poundland’s majority shareholder Warburg Pincus has netted £142m from the sale of almost half its remaining stake in the discount chain.
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NewsReckitt Benckiser targets margin expansion with "project supercharge" efficiency drive
Reckitt Benckiser is embarking on a major cost efficiency drive after beating market expectations with 4% full-year revenue growth.