All Finance articles – Page 756
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NewsMedia Bites 23 February: Morrisons, Sainsbury's, Tesco
The big grocery sector news over the weekend was the emergence of former Tesco executive David Potts as the frontrunner to take up the daunting challenge of leading Morrisons’ turnaround.
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NewsCity snapshot: ABF reassures market over first half trading
Associated British Foods (ABF) has said that underlying trading remains in line with expectations as strong Primark sales have been negated by weakness in its sugar division. Plus, packaging firm DS Smith announces acquisition and all the other latest news from the City.
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NewsBaronie targets UK market after Ashbury rescue deal
Baronie Group is ramping up its presence in the UK after rescuing a British supplier from insolvency…
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NewsDanone expects troubling year ahead as European turmoil continues
Dairy producer Danone has forecast slower-than-expected organic sales growth for the year ahead as political and economic turbulence in Europe shows no signs of abating.
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NewsSABMiller saga takes another twist as 3G Capital linked too
One of the few UK-listed companies issuing numbers this week was European Coke bottler Coca-Cola HBC…
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Analysis & FeaturesCurrency exchange rate volatility: does it matter?
Does the impact of currencies matter? Yes, say investors. So who’s best positioned, and what can you do?
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NewsMedia Bites 20 February: Asda, Majestic Wine, Co-op
Asda’s fourth quarter numbers are given a heavy amount of column inches
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NewsCity snapshot: Waitrose records weekly sales fall
Waitrose’s reveals weekly sales fall, plus Asda’s fourth quarter sales decline and all the latest from the City.
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Analysis & FeaturesAsda CEO Andy Clarke unmoved despite wonky sales
Asda CEO Andy Clarke and CFO Alex Russo exuded an aura of calm as they gave company updates
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NewsNestlé predicts 2015 revenue improvement despite headwinds
Nestlé has insisted it will hit its long-term target of 5% organic growth despite falling short of that figure last year amid an slowdown in emerging markets and the strengthening Swiss franc.
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Asda sales shrink as it looks to open 17 new stores
Asda has revealed a 2.6% fall in like-for-like sales over the last three months of the 2014.
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NewsBestway profits surge on back of impressive growth
The cash & carry giant, which acquired The Co-operative Pharmacy in October, said profits rose 44.7% to £267.1m
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NewsSABMiller CFO Jamie Wilson steps down
Global brewer SABMiller has announced that CFO Jamie Wilson handed in his resignation for “personal reasons”.
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NewsSurprise departure for Majestic Wine CEO Steve Lewis
The hunt is on for a new CEO at Majestic Wine following the immediate departure of current boss Steve Lewis this morning.
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NewsCity Snapshot: Nestlé grows profits despite sales slowdown
Nestlé increases dividend as profits rise but sales slip; Majestic Wine is looking for a new CEO; and a formal £5.4bn offer is made for can maker Rexam.
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NewsMedia Bites 19 February: Tesco, new Horsegate, Nestlé, Rexam
The papers take a look at the reaction to the appointment of new Tesco chairman John Allan and ask if traces of nuts found in spices could be bigger than Horsegate.
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NewsCarslberg beer volumes fall 3% on Eastern Europe weakness
Carlsberg’s UK business grew about 1% last year on the back of a growing off-trade business, the Danish brewer has reported.
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NewsCoke bottler Coca-Cola HBC share price falls as profits lack fizz
Coke’s European bottler is one of the day’s biggest fallers on the FTSE 100 after posting a sharp fall in fourth quarter profits as a result of currency headwinds and challenging conditions in Russia and Greece
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News
City Snapshot: Tesco appoints John Allan as new chairman
Tesco has ended its search for Sir Richard Broadbent’s successor with the appointment of John Allan. Plus full-year results for Coke bottler Coca-Cola HBC and a new CEO for Carlsberg. And all the latest share price movements.
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NewsMedia Bites 18 February: Tesco, Allan Leighton, Carlsberg, Nestle
The appointment of John Allan as Tesco chairman, pipping former Asda head Archie Norman to the post, dominates this morning’s headlines.