London afternoon: Insurers in demand
5th Aug 2010 14:23
Company results have divided opinion in the market today leaving the FTSE 100 in a mixed-up mood, while second-liners make decisive headway. Insurers are doing their bit to push the market higher with Aviva and RSA Insurance both firmer after releasing figures. Aviva reported a better-than-expect
Read moreBroker tips: Unilever, Standard Chartered, 888
5th Aug 2010 13:49
Charles Stanley believes investors are increasingly viewing an investment in Unilever as a proxy for exposure to emerging markets, from which around half of the household goods giant's sales are derived. As such, the 8.2% underlying sales increase by Asia/Africa/Central & Eastern Europe against exp
Read moreVolume growth slows at Unilever
5th Aug 2010 08:04
Anglo-Dutch household goods conglomerate Unilever saw volume growth slow in the second quarter and expects the trading environment to remain difficult for the rest of the year. The company announced second quarter turnover of €11.75bn, up 12.4% (3.4% using constant exchange rates) from €10.46m in t
Read moreUPDATE: EARNINGS FORECAST TABLE: Unilever 2Q 2010
2nd Aug 2010 14:57
(Changed PBT forecast to 1,485 million euros by Keijser Capital) FRANKFURT (Dow Jones)--The following is a summary of analysts' forecasts for Unilever NV's (UN) second-quarter results, based on a poll of 14 analysts by Dow Jones Newswires (in million euros, margins in percent, EPS, dividend and
Read moreEARNINGS FORECAST TABLE: Unilever 2Q 2010
2nd Aug 2010 14:12
FRANKFURT (Dow Jones)--The following is a summary of analysts' forecasts for Unilever NV's (UN) second-quarter results, based on a poll of 14 analysts by Dow Jones Newswires (in million euros, margins in percent, EPS, dividend and target price in EUR, according to IFRS). Earnings figures are schedul
Read moreADR REPORT: Shares Close Little Changed On Mixed Earnings
29th Jul 2010 21:55
By Emily Glazer Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed mixed Thursday as a handful of strong earnings reports clashed with disappointing revenue from utilities and consumer companies. The Bank of New York index of ADRs closed up 0.
Read moreUPDATE: Food M&A Roars Ahead, Bucking Broader Deal Timidity
28th Jul 2010 16:32
(Adds comment.) By Jessica Hodgson and Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Against a backdrop of tepid M&A activity, deal-making in the European food sector over the past two quarters has been piping hot. Deals in the food sector were responsible for almost thr
Read moreFOCUS: Food M&A Roars Ahead, Bucking Broader Deal Timidity
28th Jul 2010 12:55
By Jessica Hodgson and Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Against a backdrop of tepid M&A activity, deal-making in the European food sector over the past two quarters has been piping hot. Deals in the food sector were responsible for almost three-quarters of all c
Read moreMARKET TALK: Unilever Down On Sector Rotation - ING
28th Jul 2010 11:28
1028 GMT [Dow Jones] Unilever (UN) shares have been under pressure this week following sector rotation in which investors have a preference for financials now, ING Research says. Adds, other European consumer good and food companies such as Danone (DANOY) and Reckitt Benckiser (RB.LN) have also been
Read morePureCircle Announces 5 Major Contract Wins
28th Jul 2010 07:57
LONDON (Dow Jones)--PureCircle Limited (PURE.LN), a producer and marketer of high purity stevia products, Wednesday announces five major contract wins with Danone S.A. (DANOY), Unilever PLC (UL), Bimbo Bakeries, Dean Foods Co. (DF) and Kerry Ingredients. MAIN FACTS: -The company gave no fina
Read morePureCircle Profit To Be Lower On Year; Agrees Joint Venture
27th Jul 2010 08:40
LONDON (Dow Jones)--Sweeteners company PureCircle Ltd. (PURE.LN) Tuesday said spending on sales and marketing and investment in production facilities mean profit for its 2010 fiscal year will be lower than a year earlier. The company added sales will be flat year-on-year. It ended a contract wit
Read moreBC Partners' Sale Of Picard To Lion Capital Confirmed
26th Jul 2010 15:07
By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Lion Capital Monday said it had agreed to buy French frozen food retailer Picard Surgeles from BC Partners having beaten off strong competition from rival buyout firms. Financial details of the transaction weren't disclosed b
Read moreUPDATE: Lion In Exclusive Talks For BC Partners Picard-Sources
26th Jul 2010 14:15
(Adds detail.) By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Lion Capital is in exclusive talks to buy Picard Surgeles, the French frozen foods company being sold by BC Partners, in a deal worth EUR1.5 billion, people familiar with the situation told Dow Jones Newswires Mon
Read moreLion In Exclusive Talks For BC Partners' Picard - Sources
26th Jul 2010 13:42
By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Lion Capital is in exclusive talks to buy Picard Surgeles, the French frozen foods company being sold by BC Partners, in a deal worth EUR1.5 billion, people familiar with the situation told Dow Jones Newswires Monday. Lion Capi
Read moreEARNINGS PREVIEW: Europe's Consumer Goods Cos Face Tough 2H
23rd Jul 2010 14:40
TAKING THE PULSE: Results from Europe's food and consumer products companies are expected to show a continuation of the previous quarter's trends, as emerging markets drive higher volumes but pricing remains difficult and Western Europe proves challenging. All eyes will be on the companies' outl
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