|Bid||30.570 x 0|
|Ask||31.820 x 0|
|Day's Range||30.345 - 30.505|
|52 Week Range||23.780 - 35.275|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
By Helen Reid and Julien Ponthus LONDON (Reuters) - President Donald Trump's decision to cancel a summit with North Korean leader Kim Jong Un weighed on British shares in afternoon trading, while gains ...
U.K. stocks traded lower on Thursday as the pound rallied on the back of better-than-expected retail sales data that brought a Bank of England interest-rate rise in August back in to play. The benchmark index extended losses in the afternoon after U.S. President Donald Trump called off a meeting with North Korea planned for next month. The FTSE 100 index (^FTSE) was trading 0.7% lower to 7,734.26, adding to a 1.1% loss from Wednesday.
Tate & Lyle boss says sugar tax can 'only be a good thing' as companies seek alternative recipes
Tate & Lyle’s new chief executive promised to “inject more pace” into the ingredients maker and deliver $100m of savings as the producer of Splenda sweeteners reported a 23 per cent rise in pre-tax profits. as chief executive, on Thursday outlined a three-pronged plan to “accelerate portfolio development, to simplify the business and deliver greater productivity”. Tate & Lyle produces sweeteners and ingredients that are in demand by manufacturers looking to replace sugar in their food and drinks.
led the FTSE 100 gainers in response to its deal to buy FanDuel, the second-largest US daily fantasy sports operator. The bookmaker announced overnight that it would merge its existing US operations with FanDuel and inject $158m cash into the new venture, with options in place to raise a 61 per cent stake to full ownership after five years. Barclays said the deal would be “mildly dilutive” to earnings in year one, as FanDuel was currently lossmaking because of investment and marketing costs.
British food ingredients company Tate & Lyle (TATE.L) is stepping up efforts to accelerate profit growth, its new CEO said on Thursday after reporting a 13 percent jump in adjusted full-year earnings, sending its shares up by 7 percent. To counter a tough food and drink market, the provider of sweeteners and other ingredients said it will sharpen its focus on key categories including drinks, dairy and soups, while simplifying its business and seeking more innovation, partnerships and acquisitions. CEO Nick Hampton, who took the reins last month, also said Tate & Lyle would deliver $100 million in productivity savings over four years.
Tate & Lyle saw profits rise by nearly a quarter but sales drop in its latest financial year, the final set of results under longstanding chief executive Javed Ahmed, who stood down at the end of March. ...
Tate & Lyle plc (LSE:TATE), a food company based in United Kingdom, saw a double-digit share price rise of over 10% in the past couple of months on the LSE.Read More...
If you are an income investor, then Tate & Lyle plc (LSE:TATE) should be on your radar. Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions toRead More...
After looking at Tate & Lyle plc’s (LSE:TATE) latest earnings announcement (30 September 2017), I found it useful to revisit the company’s performance in the past couple of years andRead More...
Nestle is launching a lower-sugar Milkybar made with a new version of the sweetener which could help ease the $185 billion confectionery industry's growing public health headache. Milkybar Wowsomes, a new more expensive take on the 81-year-old white chocolate made famous by the gun-slinging Milkybar Kid ads, will be on shelves in Britain and Ireland in coming weeks. "Health is important, but ... many consumers are not ready to give up taste," Vontobel analyst Jean-Philippe Bertschy said.
Tate & Lyle PLC , a leading global provider of specialty food ingredients and solutions, and HORN, North America’s premier distributor of specialty ingredients and raw materials, today announced a new partnership.
The company, which sells corn syrup and other ingredients to food and drink makers, said decisions taken to invest in the longer term development of its speciality ingredient business in the first half of the year ending March 2018 would moderate profit growth in the second half. In recent years, Tate has been focusing more on speciality food ingredients such as artificial sweeteners and texturants like starch and gums, which carry higher margins than its much larger and more commoditised business of bulk ingredients. Tate said sales volume growth accelerated in both its speciality food ingredients and bulk ingredients divisions in the final three-month period of last year.
WASHINGTON/MEXICO CITY, June 5 (Reuters) - U.S. Commerce Secretary Wilbur Ross on Monday extended the deadline for U.S.-Mexico sugar trade negotiations by 24 hours, and sources on either side of the spat said U.S. industry added new demands after the governments struck a provisional deal. At stake is the possibility of stiff U.S. duties and Mexican retaliation on imports of American high-fructose corn syrup ahead of wider trade talks expected in August. An agreement in Washington would end a year of wrangling over Mexican sugar exports.
WASHINGTON/MEXICO CITY, June 5 (Reuters) - U.S. Commerce Secretary Wilbur Ross on Monday extended the deadline for U.S.-Mexico sugar trade negotiations by 24 hours, and sources on either side of the spat said U.S. industry added new demands after the governments struck a provisional deal. At stake is the possibility of stiff U.S. duties and Mexican retaliation on imports of American high-fructose corn syrup ahead of wider trade talks expected in August.