All Finance articles – Page 342
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News
Hot weather in Europe drives Heineken third quarter sales growth
Heineken benefitted from the hot summer, as it posted 4.6% organic sales growth driven by the continued strong performance of its Heineken brand lager.
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Media Bites 24 Oct: Ocado, Iceland, McDonald's
Ocado suffered its heaviest one-day loss ever as more than £575 million was wiped off its market value
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Johnson & Johnson makes $2bn offer for Japan’s Ci:z Holdings
US consumer giant Johnson & Johnson has announced it has made a US$2bn offer to buy the 80% of Japanese skincare group Ci:z Holdings is does not already own.
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McDonald's shares jump 6% after sales growth beats expectations
Shares rise at the US fast-food giant after it beat global sales expectations following menu price increases.
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Heart of England Co-op reports 7% sales jump
The growth comes despite the society pointing to a tough trading environment
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The Authentic Food Co to close Dundalk factory with up to 170 job losses
The Manchester-based world food producer has appointed liquidators for its Irish manufacturing arm
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Whitbread posts 2.5% first half profit rise after Costa sale agreement
Whitbread recorded a modest rise in profits in the first half of the year, after agreeing to sell the Costa coffee chain to Coca-Cola.
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Media Bites 23 October: Morrisons, Patisserie Valerie, Meat alternatives
Morrisons has failed to overturn a court decision that it should compensate thousands of workers after a disgruntled colleague posted payroll information about 100,000 staff online
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Magic Rock Brewing invests in canning lines after securing £850k funding
Yorkshire craft brewery has upgraded its production lines after funding was facilitated by HSBC UK and HSBC Asset Finance
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The Big Interview
Big Interview: how Diageo GB boss Charles Ireland is lifting UK spirits
He’s helped turn Gordon’s Pink into a national sensation. Now, Diageo’s GB boss Charles Ireland has plans to tell whisky’s story… and reimagine Johnnie Walker
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Philip Morris spends £2m encouraging smokers to quit
Health campaigners accused the tobacco giant of hypocrisy
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City snapshot: B&M acquires French discount chain Babou for €91.2m
B&M Bargains owner BME European Value Retail has agreed to buy French general merchandise retailer Babou. Plus, Casino owner Rallye has has received an offer for its Courir sports business from private equity group Equistone Partners.
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Media Bites 22 Oct: Patisserie Valerie, Ocado, Tesco
A law firm is canvassing Patisserie Valerie investors in the hope of launching legal action following the discovery of a near-£40m hole in the cafe chain’s books.
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Home Bargains reports second year of double-digit growth
Accounts for the full year to 30 June 2018 reveal sales rose 14.6% to £2.1bn
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City News: Unilever growth fails to impress after HQ backtrack
Unilever delivered much-needed sales growth in its results for the third quarter of 2018
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Pastinos looks to up distribution after Mask acquisition
The vegan snack maker was put up for sale by its former owners Giuseppe Martorana and Roberto Perini
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Greencore claims US exit makes it 'more resilient' to Brexit
The own-label sandwich producer dismissed accusations its US expansion had been a failure
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Hawkins & Brimble seeks £250k to meet surging demand
The skin and beardcare brand will use half the funds to drive production hikes
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Genesis Crafty bought for £1.8m after turnaround plan failed
The Northern Irish bakery, which reported £18m turnover in 2017, entered administration in August
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Bear Yoyos drive 17% growth at Urban Fresh Foods
The kids’ fruit snack manufacturer reported sales of £33.4m for the year to 31 December 2017