All articles by Alec Mattinson – Page 197
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NewsMedia Bites 29 Oct: AB InBev, Heineken, Walgreens Boots Alliance
Anheuser-Busch InBev has sought to reassure investors that its £68bn takeover of smaller rival SABMiller is on track.
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NewsEmerging markets drive organic growth at Mondelez
Cadbury owner Mondelez International reported a 3.7% boost to third quarter organic net revenues thanks to strong organic growth in emerging markets.
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NewsBritish American Tobacco on track for “good year”
British American Tobacco said it is overcoming currency headwinds to be on track to deliver a “good year of earnings” in its third quarter update this morning.
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NewsPizza Express hits £100m of retail sales
Pizza Express has surpassed £100m of brand retail sales for the first time as overall full-year group revenues rose 9.5%.
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NewsTesco chairman John Allan invests £286k in shares and bonds
Tesco chairman John Allan has bought £100k of shares in Tesco and invested £186k in Tesco’s corporate bonds.
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News2 Sisters invests £150m to drive poultry turnaround
2 Sisters has announced a £150m in its poultry business to “revolutionise” its supply chain as it seeks to return to growth after a year of restructuring
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NewsCity Snapshot: Aldi ups pay to £8.40 an hour
Aldi has pledged to raise pay for its employees across the UK, Majestic Wine drops six bottles minimum purchase policy and all the rest of the latest news from the City.
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NewsMedia Bites 26 Oct: Tesco, AB InBev, Sainsbury's
Tesco should soon be able to draw a line under its disastrous venture into the United States.
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Analysis & FeaturesReckitt Benckiser's consumer health focus pays off
Sore throats, flu and acne aren’t often cause for autumn good cheer, but Reckitt Benckiser pepped the City back up
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NewsCity Snapshot: UK discretionary incomes up 10.6%
Asda’s latest Income Tracker has revealed that average household disposable income is up 10.6% year-on-year, while Waitrose weekly sales rise 1.1% and Science in Sport raises £8.9m.
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NewsMedia Bites 23 Oct: Retail sales, sugar tax, McDonalds
Government figures showing a boost in retail spending in September are the heavily covered in this morning’s papers.
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NewsBurton's Biscuit Co sales hit by failed UB takeover
Wagon Wheels manufacturer Burton’s Biscuits suffered a sharp drop in sales in its first year under Canadian ownership, as its attempts to grow through acquisitions were thwarted.
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NewsCity Snapshot: Mothercare second quarter UK like for like sales up 6.5%
Baby goods retailer Mothercare reports a 6.5% rise in second quarter like for like sales, while Debenhams CEO quits and Reckitt’s shares are boosted by its third quarter sales boost.
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NewsMedia Bites 22 Oct: Coca-Cola, Starbucks, Waitrose
Coca-Cola hit by strong dollar and Starbucks suffers EU tax blow…
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NewsHeinz Beanz and sauces growth makes up for sagging soup sales
Heinz Beanz and sauces both saw strong growth in the UK last year to help boost profit margins and negate the impact of a sharp drop in soup sales.
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NewsReckitt beats City forecasts and ups full year sales target
Reckitt Benckiser has topped City expectations after recording a 7% jump in like for like sales during the third quarter.
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Analysis & FeaturesWalmart shows it is not only the UK supermarkets fighting structural change
Walmart’s catastrophic earnings downgrade last week was a shock to Wall Street, but Walmart’s problems are by no means unique.
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NewsMedia Bites 20 Oct: Asda, Tesco, Weight Watchers
Asda’ strategic rethink to cut back on click & collect and expansion in London is the focus of the papers this morning.
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NewsCity snapshot: Double digit sales growth at Costa Coffee
Costa Coffee owner Whitbread has reported an 11.3% boost to revenues partly thanks to strong growth across the coffee chain.
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NewsProfits fall at Walkers despite sales boost
Walkers Snack Foods saw operating profits drop by 13.5% in the year to 27 December 2014 despite a healthy rise in revenues.