All Finance articles – Page 293
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NewsCity snapshot: AG Barr issues profits warning as poor weather hits sales
Irn-Bru maker AG Barr has warned its full-year profits will fall by up to a fifth after trading has been hit by poor UK weather and pricing increases.
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NewsMedia Bites 16 July: AB InBev, Juul, Farming
AB InBev might have another go at selling shares in its Asian business should a market-lifting breakthrough occur on US-China trade disputes
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NewsM&S opens Simply Food concessions in WH Smith stores
All four of the WH Smith branches are in areas where an M&S has closed as part of a five-year transformation programme ann…
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NewsGousto to expand automation and AI as it secures further £30m cash injection
Meal kit delivery business Gousto has secured further £30m in funding to expand automation and grow its technology team.
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NewsWarburtons plans to shut down Newburn bakery amid challenging market
Warburtons entered redundancy consultations with staff members at its Newburn bakery, Newcastle, amid plans to shut down the facility.
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NewsBulldog Skincare revenues soar but profits fall on marketing spend and NPD
Annual sales at male grooming company Bulldog Skincare jumped but profits were slashed by heavy marketing spend and NPD
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NewsCity snapshot: Retail footfall slumps in June as high street woes continue
Retail footfall slumped in June as poor weather and Brexit uncertainty continued to bash the struggling UK high streets. Plus, new FD for Real Good Food, Sports Direct delays results and all the rest of the latest news from the City.
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NewsMedia Bites 15 July: AB InBev, Retail footfall, Hop Stuff
The largest stock market float of the year has been pulled by Anheuser-Busch InBev after weak investor appetite for the overpriced sale of its Asia-Pacific business.
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NewsRaylex Brands acquires Wow Drinks to grow plant-based portfolio
Raylex said the acquisition would help on its mission to build a plant-based drinks portfolio
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Analysis and FeaturesIs Dan Jago the right man to see Majestic take back its crown?
Reports have linked the former Berry Bros & Rudd CEO to a possible top job at the wine warehouse
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NewsTony Holmes among three directors to leave Bestway in shake-up
Two other directors Edward Smeaton and Carolyn McMenemie have also left the business
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NewsCanadian cannabis giant eyes Europe with Bridge Farm deal
A flower supplier chaired by Morrisons chairman Andy Higginson has been bought by a Canadian cannabis giant as it looks at European expansion.
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NewsTulip records £85m loss as pork price fall and writedowns hit
Tulip has plunged to a pre-tax loss of £85m as low global pork prices and writedowns hit turnaround attempts.
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NewsAppleby Westward sees 10% profit hike as sales increase
The south west-based delivered wholesaler recorded pre-tax profits of £3.1m
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NewsCity snapshot: Tulip’s annual losses rise to £85m
UK pork giant Tulip has plunged to a pre-tax loss of £85m as low global pork prices and writedowns hit turnaround attempts at the Danish Crown-owned business.
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NewsMedia Bites 12 July: Digital tax, Reckitt Benckiser, M&S
Britain is on course for another trade showdown with President Trump after deciding to forge ahead with a special tax on Amazon, Google and other big technology companies
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NewsAdelie Foods sees £55m loss as impairment charges hit
Sandwich giant Adelie Foods posted another eight-figure loss despite improvements in its underlying performance.
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NewsHappy Egg producer Noble Foods reports profits jump as US egg market stabilises
Noble Foods profits jumped 650% with the company attributing the strong performance to a “more stable” US egg market.
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NewsGove warns of ‘significant’ no-deal Brexit challenges for food & drink sector
Defra Secretary of State Michael Gove said a no-deal will put a strain of the UK food & drinks manufacturing sector.
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NewsCity snapshot: Reckitt Benckiser agrees $1.4bn US drugs fine
Reckitt Benckiser has agreed to pay a $1.4bn fine to close a US Department of Justice investigation into the sales and marketing of an opioid addiction drug under its former pharma arm. Plus, McBride warns of further sales weakness and all the rest of the latest news from the City.