Major iron ore producers will have to cut production like aluminum producers did in 1994 to halt the current slump in spot prices, investment bank Investec said in a note Tuesday. "In our view if iron ore prices prevail at current levels ...
Lingering inventory issues from the port delays, ongoing foreign exchange headwinds for international companies and a tepid response from consumers at retail pushed down aggregate industry profits by 14% in Q3 to $3,529.3 million from ...
The partnership will also support the water brand’s packaging refresh; celebrating Harrogate’s heritage and highlighting its credentials as the original British bottled water. As part of its partnership with the England and ...
Tags: Harrogate, Official Water, England Cricket
An office in Guildford has been awarded the first Low Carbon Workplace Standard. Investec Wealth and Investment Management achieved the Standard by making a 33 per cent reduction in carbon emissions per person at its office. The scheme ...
Tags: Commercial Building, Low Carbon
Birmingham-based Pinstripe Print Group has announced that it has successfully won part of a significant three-year print services contract Framework agreement contract with Dudley Council. The Framework agreement Tender contract win comes ...
Tags: Office Supplies
Investec Growth & Acquisition Finance announces that it has provided a £16 million integrated debt facility to support the growth strategy of the London-based garment designers and manufacturers, Carmel Clothing. As part of the ...
Tags: fund, Investec, Carmel Clothing, loan facilities, investment
Greencore’s full-year results reveal both the resilience of the convenience foods sector, after the horsemeat scandal, and the potential for earnings per share growth next year, according to City analyst Panmure Gordon. Greencore ...
Research from data company EMC suggests that UK enterprises trust security and resilience of IT systems much less than their Chinese and US counterparts. The EMC Global IT Trust Curve survey, administered by independent market research ...
Tags: Computer Products, software
Meat processor Cranwick’s fresh pork business was “the stand out performer” in the firm’s interim results for the six months to September 30, says City analyst Panmure Gordon. Year-end debt Cranwick’s net ...
Carr's Milling Industries is eyeing acquisitions in the UK and overseas for all of its divisions, including its food business, which supplies flour to bakers and baked good manufacturers. Carr's Milling opened its Kirkcaldy flour mill for ...
Tags: Carr's Milling, eye, acquisition
Premier Foods is remaining tight-lipped about reports that the Mexican bakery Grupo Bimbo may acquire its troubled bread division, as the firm’s short-term prospects divided City opinion. Premier Foods' plan to seek a financial ...
Tags: Premier Foods, tight, bread
Bonmarché announces the successful pricing of its initial public offering and the proposed placing (the “Placing”) of 20,007,260 ordinary shares at 200p per share by Investec Bank plc (“Investec”). Placing ...
Premier Foods is ahead of target on cutting suppliers and product lines, according to ceo Gavin Darby, reporting on third quarter (Q3) financial results yesterday. Premier Foods is growing its core power brands "During the quarter we ...
Tags: Agriculture, Food
Diageo's first quarter (Q1) results were "a miss" for one analyst, while another claimed its performance was "muted" for the three months to September 30. The global brewer and distiller grew organic net sales by 3.1%, below the Shore ...
Tags: Agriculture, Food, beer
Tate & Lyle's prospects remain encouraging despite the poor share price, news revealed today (October 4) in its trading update for the six months to September 30, says City analyst Investec. Tate & Lyle's long-term story remained ...
Tags: Agriculture, Food