Irn-Bru manufacturer AG Barr is still committed to a merger with Britvic, according to its latest financial statement covering the 15 weeks from January 27 to May 12. AG Barr 'outperformed a sluggish market' said Panmure Gordon The ...
Dairy Crest is poised for UK growth after the sale of its French spreads business, chief executive Mark Allen has confirmed. Dairy Crest results were 'modestly ahead of expectations', said Panmure Gordon Allen said: "The sale of our ...
Tags: Agriculture, Food
A slew of bearish technical and fundamental factors put the market under pressure this week. First we had the breach of a 6-1/2-month uptrend line, which put the spec longs on the defensive, although we have yet to see any widespread spec ...
Including $0.4m from the March acquisition of Arieso, optical networking and associated semiconductor technology firm JDSU of Milpitas, CA, USA has reported net revenue of $405.3m for its fiscal third-quarter 2013 (to end-March), down 5.6% ...
Food producer Cranswick is in “a strong UK position” after reporting revenue up by 7% to £875M for the year to March 31, according to City analysts. Damian McNeela, analyst with Panmure Gordon, said: “We ...
Tags: Full year results, Cranswick, Meat, Pork
Infrastructure developers’ lobby group Infrastructure Partnerships Australia says the 2013 Federal Budget has made some important project funding commitments, but with around half of the money beyond the forward estimates, it did too ...
Tags: Infrastructure Industry, Budget, Service
Specialist meat packing business Hilton Food Group is benefiting from its "broad geographic reach" despite the tough economic conditions, said City analyst Pamure Gordon. Hilton's wide geographic spread is helping to mitigate the full ...
Tags: Meat Packer, Hilton, Food
US-based polysilicon maker MEMC has reported first-quarter 2013 financial results with net sales of US$443.6 million, down 26% on quarter and 15% on year. The firm reported first-quarter gross margin of 11.2%, lower than 18% in the fourth ...
Ongoing planting delays continued to keep potential sellers at bay this week, which allowed the market to trend higher. West Texas is still too dry, while parts of the Mid-South and Southeast have experienced wet and unseasonably cool ...
Tags: Cotton Futures, Textile
Lyon announced today that on May 7th, a joint venture between newly-formed Lyon Capital Partners, LLC, (formerly Echelon Capital) and Revere Finance closed on the acquisition of substantially all of the assets of Lyon Workspace Products, ...
Tags: Lyon, Processing Machinery
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) owed nine banks a total of CNY 7.1 billion. It released financial forecasts for the fourth quarter of 2012 on May 2 and according to the forecasts, the ...
Tags: Service, Metallurgy, Mineral, Energy, solar
Amsterdam-based ING group has reported 38.2% increase in its total underlying net profit for the first quarter of 2013, which stood at €800m compared to €579m during the same period earlier year. For the three months ended on 31 ...
Tags: ING, Net Profit
Holden has announced a net loss of $152.8 million for the 2012/2013 financial year – the second largest in its history – a result it blames predominantly on reduced demand for its Australian-made vehicles. The local ...
Tags: Holden, Second-Biggest Loss
For first-quarter 2013, First Solar Inc of Tempe, AZ, USA – which manufactures thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – has ...
Tags: Solar Reports, Electronics
Lectra’s Board of Directors, chaired by André Harari, reviewed the unaudited consolidated financial statements for the first quarter of 2013. Highlights: -Revenues: €48.3 million (+2%) - Income from operations before ...