Sugar taxes and food promotion clampdown could follow PHE obesity report
22nd Oct 2015 16:24
(ShareCast News) - A report by UK public health officials has found sugar taxes are an effective tool to combat obesity and has called for restrictions on food manufacturers and supermarkets offering deals on unhealthy foods and marketing to children. The report, 'Sugar Reduction: The evidence for a
Read moreFTSE 100 movers: Randgold makes late bounce, as constituents all in red
24th Aug 2015 15:27
(ShareCast News) - Every one of the FTSE 100 shares were in the red on Monday, as stock markets all belly flopped the world over, sparked by a dismal finish last week and a bad start from China on Monday morning. After falling more than 5% at one stage, the FTSE pared losses latter in the London
Read moreFTSE 250 movers: N Brown bounces back, Poundland dragged ahead of CMA decision
24th Aug 2015 15:11
(ShareCast News) - The FTSE 250 showed a few green islands of buoyant investor sentiment, compared to the red sea of the FTSE, though the index was well in negative territory on Monday like all its counterparts around the globe. By 1600, London's the mid-cap index was down 3.44% at 16,295.98 points.
Read moreSocGen upgrades Coca-Cola HB to 'hold' after strong first half
17th Aug 2015 13:13
(ShareCast News) - Analysts at Societe Generale have upgraded Coca-Cola HB to 'hold' from 'sell' after the beverage company posted strong first half results. In a note, analyst Andrew Holland said Societe Generale has a 1,460p 12-month price target on the stock. Margin growth was forecast by Societ
Read moreFriday tips round-up: Nestle, Coca-Cola HBC
14th Aug 2015 10:35
(ShareCast News) - The Financial Times' Lex said investors don't need to worry about bad publicly from Nestle's Indian noodle recall - yet. Lex said Nestle's locally listed subsidiary's shares had already recovered by about a third of their initial fall. At group level, the impact is heavily dilute
Read moreFTSE 100 movers: Coca-Cola and TUI lifted by results, G4S dented by downgrades
13th Aug 2015 14:03
(ShareCast News) - London's top flight index was up 0.3% at 6,593 at 1415 BST, recovering from two consecutive days of losses as worries about a slowdown in China abated. Coca-Cola HBC was the standout gainer after the bottling firm posted a 31.7% rise in first-half net profits to €125.2m, even as s
Read moreLondon midday: Equities rise as PBoC defends yuan devaluation, Greek GDP grows
13th Aug 2015 11:29
(ShareCast News) - UK equities were on the front foot as China's central bank defended its devaluation of the yuan and as Greece delivered surprise economic growth in the second quarter. The People's Bank of China devalued the yuan for the third consecutive day on Thursday. The Bank set the parity r
Read moreCoca-Cola HBC profits up despite lower revenues
13th Aug 2015 07:20
(ShareCast News) - Bottling firm Coca-Cola HBC posted a 31.7% rise in first-half net profits to €125.2m, although sales fell by 1% to €3.15bn due to an adverse impact from currencies. The company said comparable earnings before interest and tax (EBIT) were €219.0m - up 31.2%, leading to a 170 basis
Read moreLondon pre-open: FTSE expected to open higher
13th Aug 2015 07:12
(ShareCast News) - City sources predict the FTSE 100 will open 47 points higher than Wednesday's close of 6,571.19. European equities are tipped to start with gains this morning to pare back losses made following China's currency devaluation. China's state bank devalued the reference rate for their
Read moreThursday preview: US retail sales and jobless data eyed, Coca-Cola HBC interims due
12th Aug 2015 12:41
(ShareCast News) - US retail sales figures are on Thursday expected to show an improvement in July as the Federal Reserve looks for signs of economic growth before raising interest rates. The report from the Commerce Department is forecast to reveal retail sales climbed 0.6% last month, compared to
Read moreBroker tips: Smiths Group, Meggitt, Coca Cola Hellenic
4th Aug 2015 17:14
(ShareCast News) - After US activist investor ValueAct built a near-5% stake in Smiths Group, Credit Suisse calculated a 1,500p-per-share break-up value for the aerospace engineer. According to reports, ValueAct, an $18bn activist fund which has previously influenced the direction of US companies in
Read moreShore Capital expects volume growth from Coca Cola Hellenic
4th Aug 2015 15:40
(ShareCast News) - Shore Capital said it expected Coca Cola to report solid volumes but be hit by foreign exchange headwinds when it delivers its first half results next week. The brokerage has a 'sell' rating on the drinks producer and a price target of 1,306p, but warned it could reduce this based
Read moreFTSE 100 movers: Shire slips on bid rebuff, Smiths lifted by activist hopes
4th Aug 2015 14:47
(ShareCast News) - The FTSE 100 was marginally in the red on Tuesday afternoon after an early fall was followed by a sharp bounce that soon lost momentum. London's primary equity index was down 0.14% at 6,679.14 points by 1405 BST, with shares in drug company Shire leading the fallers. The Dublin-h
Read moreCoca-Cola bottlers eye European three-way merger
31st Jul 2015 11:25
(ShareCast News) - European Coke bottler Coca-Cola Enterprises is in advanced talks about merging with its Iberian and German Coca-Cola bottling counterparts. US-based Coca-Cola Enterprises Inc, which has a market value of $10.8bn, has been discussing a tie-up with the listed Coca-Cola Iberian Partn
Read moreFood retailers defend sugar record after SACN report slashes sugar guidance
17th Jul 2015 10:38
(ShareCast News) - A government-backed report on carbohydrates has called for the British recommended daily allowance of sugar to be cut in half, which has forced retailers to robustly defend their efforts to cut the sugar content and calorie counts of their products. As expected, the Scientific Adv
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