All articles by Ed Devlin – Page 207
-
News
Media Bites 3 March: Morrisons, M&S, coffee
Morrisons new management team looks set to take an axe to the dividend in a bid to free up money to invest in the retailer’s turnaround.
-
News
British American Tobacco sparks up auditor search
British American Tobacco is looking for a new auditor after ending its agreement with Big Four firm PwC.
-
News
Tesco gamble cost Warren Buffett $444m
Veteran investor Warren Buffett has admitted his “leisurely pace” when it came to selling off shares in Tesco cost his firm Berkshire Hathaway $444m.
-
News
M&S updates Chinese expansion plans
Marks & Spencer updates with Asian growth plans as it reaffirms commitment to entering Beijing
-
Analysis and Features
The Grocer Says: What's going on at Thorntons?
It has been a strange week for the share price of Thorntons as it plunged more than 20% since Monday, but just what is behind the drop?
-
News
Fyffes to pursue deals in 2015 after earnings hike
Fyffes has grown earnings by 28.1% to €40.1m in 2014 as its sales nudged upward by 0.8% to €1.09bn.
-
News
BDO predicts renewed investor interest in food and drink IPOs
Investors could be set to flock to the food and beverage sector in 2015…
-
News
Cold brew coffee makers drink to crowdfunding success
Two UK drinks companies are looking to take advantage of the rapidly growing trend for cold brew coffee after raising more than £260,000 on a crowdfunding website.
-
News
Flavourly trusts in the crowd after turning down the dragons
Flavourly, a gourmet food and drink subscription company which turned down four investment offers from the BBC’s Dragons’ Den, is aiming to raise £300k via crowdfunding.
-
News
Morrisons appoints David Potts as its next chief executive
Morrisons has appointed former Tesco director David Potts as its next chief executive. Chairman Andrew Higginson said he was the “best retailer” he had worked with in 25 years in the industry.
-
News
City Snapshot: Analysts hail the appointment of Morrisons CEO David Potts
Morrisons appoints David Potts as its next CEO, sending shares upward; Glanbia reports strong year-end figures; and Supergroup CFO leaves after being declared personally bankrupt. Plus all the latest share price moves.
-
News
Media Bites 25 February: FTSE 100, NFU conference, organic food
The FTSE ended up 37.5 points at 6,949.6, above its previous record of 6,930, and also set a new intra-day high of 6,958.9, surpassing the previous figure of 6,950.6
-
News
Kerry Group share price falls as sales decline
Shares in Irish food giant Kerry Food are down more than 2% so far today to €63.05 after it posted a 1.4% decline in revenues in 2014.
-
News
Kerry Group posts solid results as it meets market expectations
Underlying revenues climb 2.4% too €5.8bn at Kerry Group despite challenging trading environment; and shares spike at butchery chain Crawshaw Group as it upgrades full-year expectations.
-
News
Media Bites 24 February: Food production crisis, BAT, ABF
Worries about the UK’s self-sufficiency dominate the newspapers this morning
-
News
Produce World restructuring plan puts hundreds of jobs at risk
A proposed joint venture between the vegetable grower Produce World Group and Lincolnshire Field Products has put up to 340 jobs at risk.
-
News
Bordeaux Fine Wines owner banned for 15 years
The owner of Bordeaux Fine Wines has been banned from running a company until 2030 after using investors’ money to fund a lavish lifestyle of buying sports cars, race horses and hiring private jets.
-
News
Supermarket price war weighs heavily on UK retail sales
Continually heavy discounting by supermarkets has weighed on British retail activity as sales in February fell back compared to a year ago, according to a CBI survey.
-
News
Morrisons chairman Andrew Higginson to advise Poundland owner on retail investments
Morrisons chairman Andrew Higginson has added a new role to his list of responsibilities after joining the private equity owner of Poundland as a senior advisor.
-
News
Baronie targets UK market after Ashbury rescue deal
Baronie Group is ramping up its presence in the UK after rescuing a British supplier from insolvency…