YOUR FRIENDS' ACTIVITY

    Food & Beverage Sector News

    Latest News

    • Next week will get off to a slow start, due to the Spring Bank holiday in the UK and the Memorial Day holiday Stateside, although the macroeconomic data flow will accelerate towards the end of the same, ...

    • Friday broker round-up UPDATE Sharecast - 12 hours ago

      Aveva: Panmure Gordon ups target price from 2076p to to 2091p keeping a hold recommendation. Investec takes target price from 2450p to 2500p and retains its buy recommendation. Credit Suisse increases ...

    • When weighing up a potential investment, it's useful to look forward rather than backwards. If you buy a stake in a business, it's the future profits that count -- and the stock market will value your ...

    • Turkey bans alcohol advertising and curbs sales Reuters - UK Focus - 15 hours ago

      Turkey banned alcohol advertising and tightened restrictions on its sale on Friday, drawing criticism from secular Turks as well as the country's brewing industry. The new law includes a ban on shops selling ...

    • Shares of BTG have been held back since the start of the year due to concerns regarding impending acquisitions. Nevertheless, now that these - and a 106.3m pound capital issue - are out of the way the ...

    • Indian shares snapped a four-day losing streak to edge higher on Friday, rebounding as Tata Steel surged after its March-quarter operating profit beat analyst estimates and as recently beaten-down blue-chips ...

    • We've been in a busy reporting period for FTSE 100 companies with years and quarters ending in March. Things are starting to settle down a bit, with most having reported now, but there is still some good ...

    • Philip Morris International's deal to buy out a minority shareholder in its Mexican subsidiary is the sort of acquisition we expect to see repeated by other consumer goods companies over the next few years, ...

    • * Shares in United Breweries Holdings Ltd jump 9.9 percent after CNBC-TV18 and ET Now reported the Karnataka High Court has allowed UBHL to sell its shares in group company United Spirits to Diageo Plc ...

    • Markets opened tentatively on Friday morning with sentiment still fragile following a plunge the day before as traders reacted to concerns about stimulus measures in the US and a slowdown in China.

    • Brewer SABMiller posts falling annual profits AFP - Thu, May 23, 2013 18:05 BST
      Brewer SABMiller posts falling annual profits

      Britain-based brewer SABMiller on Thursday announced a drop in annual net profits after exceptional gains won the previous year were not repeated, but said its underlying performance improved on strong ...

    • London close: Markets tumble as stimulus hopes fade Sharecast - Thu, May 23, 2013 18:05 BST

      The recent bullish mood on equity markets quickly faded on Thursday as mixed messages from the Federal Reserve and a slowdown in China sparked a heavy sell-off on the FTSE 100, which lost more than two ...

    • Europe close: Stocks fall on Fed stimulus fears Sharecast - Thu, May 23, 2013 18:00 BST

      Markets take a hit over Fed stimulus fears; US new home sales rise; ECB urged to take action as Eurozone contracts; Chinese manufacturing slumps

    • FTSE 100 movers: United Utilities rises on divi payment Sharecast - Thu, May 23, 2013 16:49 BST

      United Utilities was one of a small handful of risers having upped its dividend on the back of what it described as a 'good' set of results, supported by a strong operational performance, which fed through ...

    • Micro-breweries give cheer to British beer drinkers Reuters - UK Focus - Thu, May 23, 2013 14:28 BST

      Britain's love affair with quirkily named real ales and their demand for locally produced goods has led to a growing trend in micro-breweries that cater to the more discerning palate. More than 1,000 brewers ...

    • Dairy Crest lifts full year profit Sharecast - Thu, May 23, 2013 14:24 BST

      Cathedral City cheese maker Dairy Crest revealed improved full year adjusted pre-tax profit and said trading in the current year is in line with expectations.

    • Fitch: EMEA drinks sector dashboard H113 Reuters - UK Focus - Thu, May 23, 2013 12:14 BST

      Fitch Ratings has published the H113 EMEA Drinks Sector dashboard. The publication explores the key themes affecting issuer credit profiles for the sector in Europe under the following headings: - Key ...

    • SABMiller sees margin growth after Latam, Africa surges Reuters - UK Focus - Thu, May 23, 2013 11:21 BST

      SABMiller, the world's second-biggest brewer, forecast margin expansion in the year ahead after profit grew in line with expectations thanks to a surge in earnings in Latin America and Africa. The maker ...

    • SABMiller profits fall but emerging markets grow AFP - Thu, May 23, 2013 10:29 BST
      SABMiller profits fall but emerging markets grow

      Miller Lite Dodge driver Brad Keselowski celebrates victory in the NASCAR series in Miami last November. Britain-based brewer SABMiller suffered a drop in annual net profit after exceptional gains the ...

    • London open: Fed concerns, poor Chinese data spark sell-off Sharecast - Thu, May 23, 2013 10:10 BST

      Worries about the Federal Reserve 'tapering' quantitative easing (QE) prematurely spooked markets on Thursday morning, along with a disappointing reading of manufacturing activity in China.

    • SABMiller drives growth in Britain with imported beers Telegraph - Thu, May 23, 2013 09:24 BST

      Booming popularity of imported lagers such as Peroni Nastro Azzuro and Pilsner Urquell helped SABMiller to grow volumes 4pc in Britain last year, despite a 5.1pc slump in the wider UK beer market.

    • SABMiller sees margin up by 20-50 basis points this year Reuters - Thu, May 23, 2013 08:27 BST

      BRUSSELS (Reuters) - SABMiller PLC said on Thursday that it was reasonable to assume that its margins could grow modestly in the year ahead. "I think it's a reasonable assumption. We would assume ...

    • Business news and markets: as it happened - Thursday, May 23 Telegraph - Thu, May 23, 2013 08:20 BST

      US markets fall as better-than-expected jobs numbers raise prospect of QE being pulled as Fed banker moves to reassure investors that central bank is "not that close" to winding down stimulus....

    • Questor share tip: Capita proves the doubters wrong Telegraph - Thu, May 23, 2013 08:00 BST

      Cranswick's £1.2bn private sector contract win has eased margin fears. Questor keeps a hold.

    • Latam, Africa surges ensure SABMiller profit growth Reuters - Thu, May 23, 2013 07:46 BST

      BRUSSELS (Reuters) - SABMiller, the world's second biggest brewer, reported profit growth in line with expectations thanks to a surge in earnings in Latin America and Africa and said its markets should ...

    • SABMiller earnings rise thanks to Latin America, Africa surges Reuters - UK Focus - Thu, May 23, 2013 07:19 BST

      SABMiller, the world's second biggest brewer, reported higher full-year profits thanks to a sharp increase in earnings in Latin America and Africa. SABMiller, the maker of Miller, Grolsch, Peroni and Pilsner ...

    • It is difficult to set tax policy via the mouthpiece of a megaphone. But that, sadly, appears to be the approach as politicians from all parties line up to play beggar-thy-neighbour on the issue of foreign ...

    • Cranswick has benefited from the horsemeat scandal. Questor says hold.

    • Thursday preview: SABMiller reports full-year results Sharecast - Wed, May 22, 2013 17:27 BST

      Beverage giant SABMiller is expected to report a rise in annual revenues Thursday, driven by excise-driven prices increases and its product and geographical mix.

    • Cost-cutting plan bolsters Britvic ahead of merger decision Reuters - UK Focus - Wed, May 22, 2013 12:50 BST

      British soft drinks maker Britvic announced plans on Wednesday to cut costs and expand in India, hoping to strengthen its position in case regulators reject a proposed merger with rival A.G. Barr or it ...

    • Britvic to cut costs and take Fruit Shoot to India Reuters - UK Focus - Wed, May 22, 2013 07:37 BST

      British soft drinks maker Britvic will close two factories and a warehouse in the UK and roll out the Fruit Shoot brand in India as part of a new strategy announced with its interim results. Proposals ...

    • MARKET EYE-Morgan Stanley resumes India's United Spirits at 'overweight' Reuters - UK Focus - Wed, May 22, 2013 06:20 BST

      * Morgan Stanley resumes coverage of United Spirits Ltd with an "overweight" rating and a target price of 3,115 rupees. * The investment bank says new owner Diageo Plc could implement a greater ...

    • Britvic to outline plans for standalone future -Sky News Reuters - UK Focus - Tue, May 21, 2013 23:35 BST

      Britvic's new chief executive is set to lay out plans for the soft drinks maker to continue as a standalone company, casting further doubt on its proposed merger with A.G. Barr, Sky News reported. Simon ...

    • (Reuters) - British fashion retailer Primark said on Tuesday it would provide short-term financial assistance to all victims and families affected by the collapse of Rana Plaza last month in Bangladesh ...

    • Well-received results from a number of FTSE 100 heavyweights and a sharp drop in consumer-price inflation in the UK lifted London's benchmark index to fresh multiyear highs on Tuesday.

    Next >>