Finance news – Page 329
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NewsCampbell Soup Co to sell fresh and international arms
The turnaround plan will see the New-York listed business divest in its overseas and fresh food business, which together make around a quarter of revenues
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NewsPurity brewing company gets £7.5m cash boost
The new funding will be used to support Purity’s plans “to expand across the UK, grow export sales, and to develop new products
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NewsArla Foods UK reports 'steady' first half with YOY growth
Growth in the UK was driven by a 6.7% increase in volume sales for Arla’s branded portfolio
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NewsRetailers back ban on sale of energy drinks to children
Government is contemplating banning the sale of the drinks to under-18s
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NewsCity Snapshot: Total Produce shrugs off 'unusual weather' to post first half growth
Ireland-based global fruit and vegetable distributor Total Produce has posted a rise in first half sales and EBITDA despite the negative impact of currencies and “unusual” weather patterns in Europe. Plus, WH Smith on course to hit full year targets driven by travel growth and all the rest of the latest news from the City.
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NewsMedia Bites 30 Aug: Energy drinks, Pernod Ricard, Jack Daniel's
Ministers will ban the sale of Red Bull, Monster Energy and other energy drinks to children in England amid growing concern about their impact on young people’s health.
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NewsBibendum PLB ditches European business after 'strategic review' by new owner C&C
Bibendum said it “decided to focus exclusively on our core customers”
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NewsIceland introduces programme of lower-cost refurbishments
The trial programme requires stores to close for three to five days instead of three weeks
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NewsPernod Ricard ups profit forecasts as Jameson helps drive growth
The world’s second largest distiller Pernod Ricard increased its profit forecast after profits jumped 6.3% for the year.
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NewsMedia Bites 29 Aug: Retail prices, Amazon, Ocado
Hot weather pushed up food prices as a lack of rain has made it tougher to grow crops and find enough feed for livestock
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NewsHain Celestial grows organic UK annual sales by 5%
US food group Hain Celestial has announced a 5% boost to full-year UK sales, driven by a strong performance of its Tilda and Ella’s Kitchen brands.
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NewsPrinces Gate water sales slump 6% prior to Nestlé acquisition
For the year ending 30 November 2017, the thriving producer saw sales dip 6%, from £14.7m to £13.8m
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NewsPlastic bag tax set to rise to 10p for all retailers
Plastic bag sales in England’s biggest seven supermarkets have dropped by nearly 90% since 5p charge introduction
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NewsClive Jones named Mondelez president for Northern Europe
Jones replaces Glenn Caton, who has taken up the role of AMEA president for chocolate
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NewsCity snapshot: Nestlé completes $7.1bn global Starbucks deal
Nestlé has announced the completions of its US$7.1bn deal to acquire the perpetual global license to produce Starbucks branded products across the world. Plus all the rest of the latest news from the City.
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NewsMedia Bites 28 Aug: Tesco, Food prices, Tetley Tea, Sainsbury's/Asda
A ban on Sunday trading and intense competition have prompted Tesco to close stores in one of its key overseas markets.
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NewsInvestors keep faith with Sainsbury's despite slower growth
Investors sent Sainsbury’s shares up to a four-year high despite the grocer lagging behind its rivals.
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NewsFree-from brand Creative Nature reaches out for £350k cash boost
The vegan baking mix and snack bar maker has reached out to the crowd for £350k at an equity of 6%, valuing the growing business at around £5.5m
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NewsMcCormick UK sales up in first period with French's & Frank's
McCormick bought RB’s table sauce business, including French’s & Frank’s brands, for $4.2bn in August 2017
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NewsPre-Brexit port IT overhaul 'nonsense' claims FDF
Ian Wright warns the “clock was ticking” on the government’s IT overhaul