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AssociatedBritishFoods

Noticias

Reuters - Hace 4 días

What if the Fed cuts rates?

LIVE MARKETS-What if the Fed cuts rates? STOXX 600 slides 1.8% Banks lead fallers on contagion worries Deutsche Bank, Commerzbank, UBS tumble Wall Street futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WHAT IF THE FED CUTS RATES?
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Reuters - Hace 4 días

Banking turmoil and strong PMIs complicate rate outlook

LIVE MARKETS-Banking turmoil and strong PMIs complicate rate outlook STOXX 600 slides 2% Banks lead fallers on contagion worries Deutsche Bank, Commerzbank, UBS tumble Wall Street futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BANKING TURMOIL AND STRONG PMIS COMPLICATE RATE OUTLOOK (1112 GMT) Bank contagion fears are in focus in Europe, but markets are also assessi
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Reuters - Hace 4 días

More financial "accidents" could be in the offing

LIVE MARKETS-More financial "accidents" could be in the offing STOXX 600 slides 1.6% Banks lead fallers on contagion worries Deutsche Bank, Commerzbank, UBS tumble Wall Street futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com MORE FINANCIAL "ACCIDENTS" COULD BE IN THE OFFING (1050 GMT) European companies may face more financial "accidents" over the coming months due t
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Reuters - Hace 4 semanas

Wittington Investments Ltd Discloses 55.063786% Stake In AB Foods As At 28-Feb-2023 - Filing

BRIEF-Wittington Investments Ltd Discloses 55.063786% Stake In AB Foods As At 28-Feb-2023 - Filing March 1 (Reuters) - Associated British Foods PLC ABF.L : WITTINGTON INVESTMENTS LTD DISCLOSES 55.063786% STAKE IN AB FOODS AS AT 28-FEB-2023 - FILING Source text for Eikon: ID:nRSA5722Ra Further company coverage: ABF.L
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Reuters - Hace 4 semanas

UK Stocks-Factors to watch on Feb 28

UK Stocks-Factors to watch on Feb 28 Feb 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Tuesday, with futures FFIc1 unchanged. * BAE SYSTEMS: BAE Systems Australia, a wholly owned subsidiary of BAE Systems BAES.L and another local manufacturer unveiled a new uncrewed military aircraft that will be designed, manufactured and armed in Australia.
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Reuters - Hace 4 semanas

FTSE 100 snaps four-day losing streak on earnings optimism

UPDATE 2-FTSE 100 snaps four-day losing streak on earnings optimism For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Bunzl, Associated British Foods gain after results Rolls-Royce tops FTSE 100 after price target raise FTSE 100 up 0.7%, FTSE 250 adds 1% Updates prices, adds comments and details By Shashwat Chauhan and Ankika Biswas Feb 27 (Reuters) - The UK's FTSE 100 snapped a four-day losing streak on Monday as euphoria around upbeat ea
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Reuters - Hace 4 semanas

European shares kick off week on solid footing, UK's Sunak strikes new deal with EU

UPDATE 2-European shares kick off week on solid footing, UK's Sunak strikes new deal with EU For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Associated British Foods rises on strong Primark outlook Germany's Commerzbank surges to the top of DAX on comeback Dechra sinks on FY profit warning New Northern Ireland deal between UK-EU sends sterling higher STOXX 600 rises 1.1%, UK's FTSE 100 up 0.7% Updates prices to close; adds details, comme
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Reuters - Hace 4 semanas

Britons are shopping for holidays, says Primark

Britons are shopping for holidays, says Primark LONDON, Feb 27 (Reuters) - Britain may be heading for a recession but many of its citizens are heading for the sun and shopping accordingly, the finance chief of clothing retailer Primark's owner said on Monday. After a tough 2022, British consumers are facing a further squeeze on their finances this year as the government cuts back support on household energy bills and mortgage rates rise.
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Reuters - Hace 4 semanas

UK Stocks-Factors to watch on Feb 27

UPDATE 1-UK Stocks-Factors to watch on Feb 27 Adds news, Updates Futures Feb 27(Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher with futures FFIc1 up 0.32% on Monday. * Capricorn Energy: Capricorn Energy Plc CNE.L has appointed Clare Mawdsley, previously a director of finance, as its acting chief financial officer, replacing James Smith, the oil and gas producer said.
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Reuters - Hace 4 semanas

Primark owner AB Foods raises outlook on consumer resilience

UPDATE 2-Primark owner AB Foods raises outlook on consumer resilience Now expects 2022-23 profit in line with 2021-22 First half group sales up 16% Primark's first half sales up 16% Reaction to spring/summer ranges "very positive" Adds detail LONDON, Feb 27 (Reuters) - Primark owner Associated British Foods ABF.L on Monday raised its financial guidance for full year 2022-23, saying consumer spending had proven to be more resilient than it expected.
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Reuters - Hace 4 semanas

Primark owner AB Foods raises full year outlook

Primark owner AB Foods raises full year outlook LONDON, Feb 27 (Reuters) - Primark owner Associated British Foods ABF.L said on Monday its full 2022-23 year expectations have improved, with adjusted operating profit and adjusted earnings per share now expected to be broadly in line with the previous financial year. The group, which also owns major
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Reuters - Hace 2 meses

H&M’s fast-fashion parade is skating on thin ice

BREAKINGVIEWS-H&M’s fast-fashion parade is skating on thin ice The author is a Reuters Breakingviews columnist. The opinions expressed are their own. MILAN, Jan 27 (Reuters Breakingviews) - H&M’s HMb.ST outfit is once again failing to impress. Operating profit at the world’s second-biggest fashion retailer shrunk to 821 million Swedish crowns ($79.7 million) in the fiscal quarter ending Nov.
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Reuters - Hace 2 meses

Britain's Morrisons says supplier negotiations 'robust'

Britain's Morrisons says supplier negotiations 'robust' LONDON, Jan 26 (Reuters) - British supermarket group Morrisons' dealings with suppliers were "robust" but fair, its boss said on Thursday. Asked if Morrisons believed some suppliers might be using inflation as an excuse to hike prices more than necessary, Chief Executive David Potts told reporters the group had "strong" relationships with its suppliers.
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Reuters - Hace 2 meses

After Tesco inflation comments, AB Foods says grocery margin is down

After Tesco inflation comments, AB Foods says grocery margin is down LONDON, Jan 24 (Reuters) - Associated British Foods' ABF.L profit margin for its grocery division will fall in its 2022-23 year as input costs continue to outpace price rises for its customers, its finance chief said on Tuesday. John Bason told Reuters this showed AB Foods, whose grocery brands includes Twinings tea, Jordans cereals and Ovaltine drinks, was not using inflation as an excuse to hike prices more than necessary.
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Reuters - Hace 2 meses

UK sugar output dented by adverse winter weather

UK sugar output dented by adverse winter weather LONDON, Jan 24 (Reuters) - UK sugar production from the 2022/23 campaign is expected to be lower than previously expected following adverse weather, British Sugar said on Tuesday. The beet sugar processor, a unit of Associated British Foods, said in a trading update that production is now seen at 0.74 million tonnes, down from a previous forecast of 0.9 million and the prior season's 1.03 million.
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Reuters - Hace 2 meses

FTSE 100 dips after weak economic data fans recession fears

UPDATE 2-FTSE 100 dips after weak economic data fans recession fears For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window UK PMI falls at fastest rate in 2 years Senior jumps after upbeat forecast FTSE 100 down 0.4%, FTSE 250 adds 0.3% Updates to market close By Shashwat Chauhan and Shristi Achar A Jan 24 (Reuters) - UK's blue-chip index closed in the red on Tuesday, with healthcare and commodity stocks leading losses after data showed Britis
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Reuters - Hace 2 meses

UK's online clothing market may have reached maturity -AB Foods finance chief

UPDATE 1-UK's online clothing market may have reached maturity -AB Foods finance chief Adds detail LONDON, Jan 24 (Reuters) - The maturity of Britain's online clothing market should be questioned after its share retreated in the Christmas trading period, the finance chief of Primark's owner said on Tuesday. "You've got to start to question the maturity now of online in the United Kingdom," John Bason, finance director of Associated British Foods ABF.L , told Reuters , highlighting a fall in onli
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Reuters - Hace 2 meses

UK's online clothing market may have reached maturity -AB Foods finance chief

UK's online clothing market may have reached maturity -AB Foods finance chief LONDON, Jan 24 (Reuters) - The maturity of Britain's online clothing market should be questioned after its share retreated in the Christmas trading period, the finance chief of Primark's owner said on Tuesday. "You've got to start to question the maturity of online in the United Kingdom," John Bason, finance director of Associated British Foods ABF.L , told Reuters, highlighting a fall in online clothing's share of the
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Reuters - Hace 2 meses

UK Stocks-Factors to watch on Jan 24

UPDATE 1-UK Stocks-Factors to watch on Jan 24 Adds new items, updates futures Britain's FTSE 100 .FTSE index is seen opening higher with futures FFIc1 up 0 .06% on Tuesday * C APRICORN ENERGY: Capricorn Energy CNE.L said that Nicoletta Giadrossi has stepped down from the board as chair with immediate effect, along with chief executive officer Simon Thomson and three other directors.
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Reuters - Hace 2 meses

Primark cautious on 2023 after 'very strong' Christmas

UPDATE 3-Primark cautious on 2023 after 'very strong' Christmas Primark sales up 15% in 16 weeks to Jan. 7 Group sales up 16% Group expectations for 2022-23 unchanged Outlook for sugar business cut Adds detail, finance chief comments, shares By James Davey LONDON, Jan 24 (Reuters) - Clothing retailer Primark reported better-than-expected trading over the Christmas quarter as shoppers returned to stores, parent Associated British Foods ABF.L said on Tuesday, but cautioned economic headwinds may d
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