Tobacco giants Philip Morris and Altria confirm talks over mega-merger
Philip Morris, the maker of Marlboro cigarettes, said discussions were ongoing for a "merger of equals" but stressed there was no guarantee a deal would be struck
Archive
Fashion & brands
2401 stories · page 63 of 121
Loungers hopes for smooth ride on Wednesday as it reports maiden finals
The middle of the shortened week will also bring updates from mid-cap firms Diploma and WH Smith
Amryt Pharma: The AIM drug developer potentially sitting on a US$100mln piece of paper
Amryt has a chance of being awarded a priority review voucher, which sell for several times more than the company’s current market cap
Proactive news snapshot: 88 Energy, Anglo Pacific, SDX Energy...
A glance at some of the day's highlights from the Proactive Investors newswire
ASOS and Amazon would be hardest hit if government brings in online sales tax, claims UBS
Pressure is growing on the government to level the playing field and cut levies for bricks-and-mortar retailers while hiking taxes for the online bunch
Proactive news snapshot: i3 Energy, Sunrise Resources, Quadrise Fuels...
A glance at some of the day's highlights from the Proactive Investors newswire
Warpaint profits under pressure as it invests in US growth amid slower UK sales
Adjusted profit before tax of between £6mln and £7mln is now expected, compared to the £9.2m that was being forecast
Reckitt Benckiser cuts guidance as sales squeezed by lower Chinese birth rates
The consumer health and household products group has cut its 2019 net revenue target to 2-3% LFL growth from its previous 3-4% guidance
Joules defies retail malaise as 'British countryside' brand enjoys strong UK and international growth
Underlying profit before tax rose 19% on the previous year, driven by a 17% rise in revenue
PZ Cussons takes action as Nigerian troubles expected to persist
“We cannot rely upon short term economic conditions improving markedly in our key markets and are therefore taking action to reposition the group to return to profitable growth”
Symphony Environmental gets £1.93mln cash injection from Vincel Holdings
Vincel Holdings subscribed for 15.5mln shares at 12.5p each and has been granted 10mln warrants
Swallowfield soars as it nets £35mln from sale of manufacturing arm
The personal care and beauty products firm struck the deal with Knowlton Development Corporation, one of North America’s largest cosmetics makers
McBride punished after poor finish to second half; new year hardly off to a flier either
It’s only six weeks into the new year, but McBride has seen enough to know that profits will likely be lower than what it achieved last year
Reckitt Benckiser agrees to pay US$1.4bn to settle US Indivior lawsuit
Indivior had been accused by the US Department of Justice of illegally boosting prescriptions of its star opioid addiction treatment, Suboxone
Churchill China shares jump as the ceramics firm raises full-year guidance
Hospitality revenue growth beat the firm’s expectations, boosted by further progress in Europe.
SocGen double-downgrades Reckitt Benckiser rating to ‘sell’ from ‘buy’ on margin concerns
The French bank's analysts said the blue-chip company needs to "cross the chasm" into mass market positions to reignite growth, which should impact on its margins
InnovaDerma shines as it forecasts doubling of full year profits
The firm's Skinny Tan product range had been a key driver of growth in its last financial year, with a “significant increase” in the retail footprint of the brand helping to boost sales
Peel Hunt likes industrials but wary of some 'nosebleed' valuations for Diploma and Spirax-Sarco
The flight to safety in 2019 has pushed the share price premium for a handful of UK industrial stocks to "nose-bleed multiples" not seen since the financial crisis, the broker said
Bagir tries on a new CEO for size
Chief executive Eran Itzhak will leave the group next month, with former deputy CEO Micha Ronen brought back after a nine-year break
Toilet roll maker Accrol expects further growth after successful turnaround
“We now have a good foundation for us to push on and continue to grow profitably,” CEO Gareth Jenkins said.