Director dealings: Coca-Cola private equity backers can shares
25th May 2016 15:20
(ShareCast News) - Coca-Cola HBC directors Anastasios and Christo Leventis, major shareholders connected with the New Argen private equity group, confirmed they had sold £15.4m worth of shares. Christo sold 735,968 at a price of 1,315p apiece, reaping £9.68m, while fellow non-executive Anastasios of
Read moreFTSE 100 movers: RBS and Tesco lead strong rally
24th May 2016 15:05
(ShareCast News) - The FTSE 100 shrugged off an early dip to put on a strong gain over Tuesday's session as Brexit odds lengthened, oil prices strengthened and a banking sector tracking expectations of a US rate rise higher. With an hour to go before the close, the blue chip index was up 1.1% at 6,2
Read moreBroker tips: Coca-Cola HBC, Shire, Centamin
20th May 2016 13:04
(ShareCast News) - Beverage bottler Coca-Cola HBC shares jumped on Friday after Citigroup upgraded the stock to 'buy'. Analysts at Citigroup said the company's shares trade at a five-year peak discount to peers. While they acknowledged concerns - including a potential naira devaluation and rising s
Read moreCoca-Cola HBC rallies on Citigroup upgrade
20th May 2016 12:25
(ShareCast News) - Beverage bottler Coca-Cola HBC shares jumped on Friday after Citigroup upgraded the stock to 'buy'. Analysts at Citigroup said the company's shares trade at a five-year peak discount to peers. While they acknowledged concerns - including a potential naira devaluation and rising s
Read moreCoca-Cola HBC proposes dividend, outlines board changes
17th May 2016 13:36
(ShareCast News) - Coca-Cola HBC proposes declaring a gross dividend of €0.4 a share, subject to approval at the AGM on 21 June, and also a raft of director changes. It expects the dividend to be paid 26 July, having gone ex-divided on 30 June. Directors Irial Finan, Sir Michael Smith, Nigel Macdona
Read moreCurrency headwinds take fizz out of Coca-Cola Q1 revenues
13th May 2016 07:02
(ShareCast News) - Weak emerging country currencies and a strong euro combined to hit sales at bottler Coca-Cola HBC, with net sales revenues down 2.7% to €1.3bn in the first quarter. On a constant currency basis, sales rose 2%. The company reported good growth in Nigeria, Romania and Poland, which
Read moreFriday preview: Coca-Cola HBC reports first quarter interims
12th May 2016 13:41
(ShareCast News) - Beverage bottler Coca-Cola HBC is expected to report a drop in first quarter sales on Friday, on tough comparators in the previous year and weakness in emerging markets. Numis has forecast sales of €1.30bn in the first quarter of 2016, down from €1.35bn the same time a year ago.
Read moreFriday preview: Standard Life reports full year results
18th Feb 2016 13:05
(ShareCast News) - Insurance giant Standard Life is expected to report broadly flat full year profits on Friday, according to UBS. Pre-tax profit in the full year is forecast to rise slightly to £613m in 2015 from £608m the previous month, driven by a 16% drop in profits in Europe and the UK. UBS s
Read moreCoca-Cola faces boycott after upsetting Russia and Ukraine
6th Jan 2016 16:07
(ShareCast News) - Coca-Cola is facing a boycott of its soft drinks in Russia and Ukraine after causing protests with a series of errors in the maps used in its Christmas advertising campaign. The drinks giant laid the blame on its marketing agency, which sketched out a map that initially left ou
Read moreFTSE 100 movers: Glencore leads market on buy recommendation
21st Dec 2015 13:51
(ShareCast News) - The FTSE 100 started the short week on a high with the index up 52.66 points (0.87%) to 6,105.08 by mid-afternoon Monday. It was also the first day that Worldpay, Provident Financial and DCC were trading on the blue chip market, replacing Morrisons, G4S and Meggitt. Glencore led
Read moreFTSE 100 movers: Old Mutual rebound continues
15th Dec 2015 13:58
(ShareCast News) - The FTSE was on track to reverse Monday's losses, with the blue chip market up 124.93 points (2.13%) mid-afternoon Tuesday to 5,998.99 points. Old Mutual continued to rebound after last week's losses due to political issues in South Africa. A broker downgrade and weaker rand weig
Read moreConsumer companies will suffer from exposure to EMEA, says Moody's
7th Dec 2015 14:00
(ShareCast News) - Companies in consumer-facing industries like beverages and clothing with strong exposure to Europe, the Middle East and Africa (EMEA) are going to lag global sales and profit growth in 2016, Moody's has warned. The credit agency said the slowdown in emerging markets, increasing pr
Read moreCCH executive sells stock
12th Nov 2015 17:23
(ShareCast News) - A finance executive at Coca-Cola Hellenic is in for a serious windfall, having exercised a number of stock options. The Zug, Switzerland-based bottler - Coca-Cola's second largest - has notified the market that Gerhard Seidl has exercised 10,667 stock options at £7.69 per share, a
Read moreFTSE 100 movers: Anglo American falls to 16-year lows
5th Nov 2015 14:18
(ShareCast News) - The FTSE 100 was down for most of the day on Thursday, with the market going into the black briefly after the Bank of England kept interest rates unchanged. By mid-afternoon, the market was back into the red, down 22.58 points (0.35%) to 6,390.3 points. Anglo American was the big
Read moreCoca-Cola HBC third quarter sales lack fizz
5th Nov 2015 08:09
(ShareCast News) - Coca-Cola HBC bottled 5.4% more cases of fizzy drinks in the third quarter as favourable weather helped sales but exchange rates and pricing efforts in emerging markets put a cap on revenues. Total group revenue in the quarter of €1.77bn was a 2.7% fall from the same period last y
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