Finance news – Page 594
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NewsB&M in talks to buy stores after 30% first half growth
B&M European Value Retail is in talks with six retailers to buy more stores as it looks to match its rapid revenue growth by expanding its estate.
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NewsBAT to appeal against £650,000 HRMC fine for oversupplying Belgium
British American Tobacco has said it will appeal against the £650,000 fine it has received from HMRC for oversupplying its products in Belgium.
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NewsSainsbury's sucked into the mire as it posts pre-tax loss
On Wednesday, when Sainsbury’s unveiled its 2014 interims, its shares finished the day on 266.1p…
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NewsUKTI to launch trade campaign to boost exports to Vietnam
UK Trade Investment will launch a campaign early next year to boost UK food and drink exports to Vietnam…
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NewsCharles Rolls: 'Fever-Tree IPO deal keeps us in control'
Fever-Tree co-founder Charles Rolls cautions against ‘selling out’ too soon as float keeps growth dream alive…
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NewsRaisio UK cereals and snacks business returns to profit
Sugar Puffs parent Raisio saw its UK cereals and snacks business return to profit…
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NewsToday in the City - 7 November
Fever-Tree gains on first day of trading and Morrisons share price rally ends,
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NewsABF warns of pressure on its sugar business until 2016
Associated British Foods has warned its sugar business will remain under pressure until 2016…
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NewsSeedrs crowdfunding will enable Charbrew Tea to expand
Charbrew Tea is planning rapid expansion after reaching its £150,000 crowdfunding target…
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NewsToday in the City - 6 November
Morrisons and Tate & Lyle issue trading updates and Dairy Crest sells its milk business
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NewsMarks & Spencer results trigger retailer share price rally
There was a sharp turnaround in market sentiment for the supermarkets this week…
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NewsM&S accelerating Simply Food openings as food sales rise 3.6%
M&S is accelerating its Simply Food store opening programme, adding an extra 50 stores to add to the 150 it outlined as part of a three-year plan to 2016 last year.
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NewsFever-Tree gets away £93m IPO
Premium mixer company Fever-Tree Drinks has priced its flotation on London’s AIM , valuing the company at £154.4m.
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NewsBooming Primark sales mask sugar woes at Associated British Foods
Associated British Foods recorded a 3% decline in reported annual revenues as a 16% boost to Primark’s sales was pegged back by continued weakness in its sugar division.
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NewsUnited Biscuits sold to Turkey’s Yildiz Holding
United Biscuits has been sold to Yildiz Holding, the Turkish owner of Ulker Biskuvi.
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NewsDiageo swaps Bushmills for tequila brand Don Julio
Diageo buys tequila brand Don Julio Diageo has agreed to buy tequila brand Don Julio from Mexico’s Casa Cuervo with Irish whiskey brand Bushmills going the other way as part of the deal. Diageo said the transaction will result in a net payment of $408m going to ...
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NewsAB InBev hit by slowdowns in US, Russia and China
Global brewing group AB InBev posted below expectation growth this morning, with third quarter revenue rising by 2.3% as overall beer volumes fell thanks to a slowdown in US and China.
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NewsCook expanding following double-digit growth last year
Frozen ready meals producer and retailer Cook has embarked on an ambitious new expansion phase after posting double-digit sales growth last year.
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NewsHovis Limited chief executive Bob Spooner resigns
Hovis Limited chief executive Bob Spooner has resigned.
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NewsTesco under investigation by the Serious Fraud Office
The Serious Fraud Office (SFO) is to take over responsibility for the probe into the accounting scandal at Tesco.