PureCircle warns on profit amid US border dispute over stevia
2nd Jun 2016 12:06
(ShareCast News) - PureCircle's shares are down almost 13% after it warned its full-year sales and profit could be hurt by a US border authorities' detention order affecting its stevia shipments. US Customs and Border Protection (CBP) has issued the order based on an allegation the shipments contain
Read morePureCircle pins future success on obese world
6th Jan 2016 16:42
(ShareCast News) - A relatively new Japan-developed sweetener was still proving a hit this week, as PureCircle revealed it was expecting a significant increase in sales this year. The AIM-listed, Kuala Lumpur-based producer and marketer of stevia ingredients said its expected sales in the first half
Read morePureCircle appoints former Pepsi executive to board
10th Jul 2015 15:03
(ShareCast News) - Stevia producer PureCircle has picked up former Pepsi executive Mitch Adamek as a board member. The AIM-listed company said in an announcement that it had also appointed Guy Wollaert to its board. Wollert was also a non-executive director of Wayne Farms LLC, which is the sixth la
Read morePurecircle expects full-year results to be in line with expectations
6th Jul 2015 11:56
Provider of natural sweeteners to the global food and beverage industry PureCircle said its sales for the second half of the year will rise despite a hit from the weakening of certain sales currencies. The company expects sales to be $84m during the second half of the year and not less than $127m fo
Read morePureCircle annual operating profits rise on higher revenue
16th Mar 2015 08:21
Sweetener producer PureCircle's annual operating profits rose as revenue was driven higher by having its product incorporated into Coca-Cola, Pepsi and other carbonated drink products. The group reported an annual net loss of $899m (£608.4m), a 52.7% decline from the previous year, while earnings be
Read moreLondon open: UK stocks rise ahead of data-heavy week, M&S falls
5th Jan 2015 08:18
After an initial dip, UK stocks pushed into positive territory early on Monday as traders returned to their desks after the festive holidays in an optimistic mood. London's FTSE 100 index was up 0.4% at 6,571, quickly bouncing off an intraday low of 6,522.59 reached shortly after the open. "This Mo
Read moreLondon pre-open: Stocks expected to fall as volumes pick up
5th Jan 2015 07:38
UK stocks are expected to drop on Monday morning as traders return to their desks in a cautious mood after the festive holidays. City sources predict the FTSE 100 will open around 40 points lower than Friday's close of 6,547.80. "This Monday finally sees the return of most traders from the Christma
Read moreDemand for healthy fizzy drinks boosts sales for Stevia group PureCircle
5th Jan 2015 07:22
Stevia ingredients maker PureCircle has painted an upbeat outlook, as increased demand for lower-calorie fizzy drinks resulted in a 24% jump in sales in the first half. The company said that the six-month period ended 31 December 2014 was helped by "milestone product launches and new market roll-out
Read morePureCircle to benefit from new stevia-based Coca-Cola Life, says Numis
11th Jun 2014 10:59
Natural sweetener producer PureCircle's share price received a boost on Wednesday from the news that Coca-Cola Life, a new lower calorie drink, is to be launched in the UK. Coca-Cola Life, the first new Coca-Cola product in the UK since Coca-Cola Zero was launched in 2006, will contain 36% fewer ca
Read moreWednesday broker round-up UPDATE
11th Jun 2014 09:05
ASOS: Berenberg reduces target price from 5350p to 3785p, while its buy recommendation is kept. Babcock International: Citi reduces target price from 1320p to 1280p and retains a neutral rating. Cobham: UBS raises target price from 290p to 315p and keeps a neutral rating. Dechra Pharmaceuticals:
Read moreCineworld's newest board members stock up
25th Apr 2014 16:00
Mooky Greidinger, who took over as Chief Executive Officer (CEO) of Cineworld just two months ago, on Friday acquired 48,090 shares in the group. He paid 302.63p a share spending a total of £145,535. Chief Operating Officer, Israel Greidinger, matched his purchase with his own. Both joined the
Read moreFriday broker round-up UPDATE
21st Mar 2014 09:36
Anglo American: Nomura reduces target price from 1550p to 1475p and retains a neutral rating. Antofagasta: Nomura cuts target price from 800p to 720p and stays with its reduce rating. Canaccord Genuity reduces target price from 1030p to 880p, while its buy recommendation is kept. ASOS: UBS reduces
Read moreThursday tips round-up: Smiths Group, Pure Circle
20th Mar 2014 09:12
Following yesterday's dip in shares of Smiths Group, after the release of its latest set of halfway figures, the stock is back at where it was when talk surfaced last summer of an approach for its medical division. Ironically, it was precisely that division's performance which was one of the weakest
Read morePureCircle swings to H1 operating profit as sales surge
19th Mar 2014 07:33
PureCircle, the stevia sweetener producer and marketer, swung to an operating profit in its first half, helped by a strong growth in sales across all regions. Operating profit totalled $2.9m in the six months to December 31st, compared with a loss of $2.9m the year before, on sales that surged by 3
Read morePureCircle expects first half sales growth on back of innovations
6th Jan 2014 12:34
PureCircle, the world's largest producer of stevia ingredients, said it expects first half sales to be 31 per cent ahead of last year's performance at 34.7m dollars. In a trading update the group reported sales growth across all high purity ingredients, driven by innovations in the Stevia 3.0 TM po
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