All Finance articles – Page 753
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NewsDelhaize and Ahold confirm merger talks
Belgian supermarket group Delhaize has confirmed this morning it is in merger talks with Dutch contemporary Ahold.
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NewsCity snapshot: Glanbia hit by falling dairy prices
Irish food group Glanbia has seen a 3.6% constant currency revenue fall in the three months to 4 April, Hilton Food Group in line with expectations and the FTSE opens lower.
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NewsMedia bites 12 May: Tesco, Ahold, Tate & Lyle
Tesco’s decision to axe PwC as its auditor after 32 years gets plenty of column inches in today’s papers.
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Analysis & FeaturesLamb price crash not due to New Zealand imports
UK lamb prices plummeted by 20% in the last two weeks of April – prompting British farmers to hit out at New Zealand impor…
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NewsBargain Booze sales slip, but Conviviality profits rise by 2.3%
Bargain Booze owner Conviviality Retail has reported full year revenues up 2.3%, but a dip in like-for-like sales as it fought against a slower than expected rate of store openings and heavy discounting in the alcohol retail sector.
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NewsMedia bites 11 May: Dunnhumby, Tesco Mobile, Sainsbury's
US consumer research giant Nielsen is poised to plunge into the £2bn auction for Dunnhumby, according to the Sunday Times.
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NewsCity snapshot: Conviviality Retail revenues up despite sector discounting
Bargain Booze owner Conviviality Retail has reported full year revenues up 2.3%, supermarket shares start the week up and all the latest news from the City.
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NewsKettle Foods notches up 31% pre-tax profit increase
Newly filed accounts at Companies House reveal Kettle Foods’ pre-tax profit leapt from £9.2m to £12.1m, with turnover rising from £81.3m to £84m in the year to 31 July 2014
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Analysis & FeaturesWelcome political stability may prove to be short-lived
Many of the leaders of the UK grocery industry will be breathing a sigh of relief today as the general election results sink in.
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NewsTwinings boss joins Kingsmill
Jon Jenkins is leaving the tea supplier to lead Kingsmill owner Allied Milling and Baking
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NewsMedia bites 8 May: Morrisons, SABMiller, Ocado
The new chief executive of Wm Morrison has pledged to listen to the supermarket chain’s customers and staff
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NewsCity snapshot: Shares jump on surprise election result
The FTSE 100 index has surged by 2% in early trading after the British electorate has seemingly returned a majority Conservative government
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NewsLarge bread loaves 15p cheaper due to supermarket price wars
Supermarket price wars have sliced 15p off the average price of a loaf of bread in the past 12 months…
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Analysis & FeaturesUK beef, lamb and pork prices down
UK beef prices continue to fall due to increased slaughterings from a larger steer herd…
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NewsMedia Bites 7 May: Sainsbury's, Imperial Tobacco, Poundland
The papers have seized upon CEO Mike Coupe’s contention that the growth of the discounters Aldi and Lidl is slowing down.
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NewsCity Snapshot: Morrisons sales fall 2.9% in first quarter
Morrisons like-for-like sales fall of 2.9% beat expectations of a 3-3.5% drop, but its shares have opened down. Also Reckitt Benkiser prepares for AGM, the market reacts to Sainsbury’s full-year results and all the rest of the news from the City.
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Comment & OpinionSainsbury's was taking action even before losses were announced
While the market continues to be brutal, Sainsbury’s has the potential to be the least affected of the big four
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NewsImperial Tobacco sees benefits of savings
The company’s cost optimisation programme is on track to deliver further incremental savings of £85m in the full year
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NewsFinsbury Food Group rescues Johnstone’s Just Desserts from administration
Finsbury Food Group is back on the acquisition trail after agreeing to rescue Johnstone’s Just Desserts from administration.
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News
Poundland to push ahead with 99p Stores takeover
Poundland has decided to press on with its attempt to acquire rival discount chain 99p Stores and go to a more in-depth investigation process by the UK’s Competition and Markets Authority.