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Alan Clarke, CEO of SABMiller, comments on full-year earnings and says that most markets are growing except the U.S. core market which remains under pressure.
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BRUSSELS, April 30- Shares in Anheuser-Busch InBev, the world's largest brewer, dropped 3 percent at the market opening on Tuesday after weaker than expected first-quarter results.
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PARIS, April 30- Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks. The care home group confirmed its full-year targets after first-quarter sales rose 14 percent to 385 million euros and it announced plans to expand into China.
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LONDON, April 30- European shares were set to rise on Tuesday and stay on track for an 11th month of gains, with expectations of a rate cut by the European Central Bank and the continuation of easy U.S. monetary policy boosting sentiment.
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WELLINGTON/ SYDNEY, April 29- The New Zealand and Australian dollars were modestly lower on Monday as uninspiring U.S. growth data and a steady policy approach from the Bank of Japan dampened demand for the commodity linked currencies.
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ANKARA, April 27- If you are looking for one sure way to split public opinion in Turkey, just bring up the word alcohol. That is what Turkey's often divisive prime minister did late on Friday when he pronounced that the national drink was not beer, nor the aniseed spirit raki- choice tipple of Turkey's founding father- but the non-alcoholic yoghurt drink ayran.
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Yakult and Danone, the Japanese company's biggest shareholder, said they were replacing their strategic alliance with a looser cooperation framework. Scrapping the alliance removes any bar on Danone, the world's largest yoghurt maker by sales, from launching a hostile bid for Yakult, which makes fermented-milk drinks. Danone owns 20 percent of Yakult.
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Yakult and Danone, the Japanese company's biggest shareholder, said they were replacing their strategic alliance with a looser cooperation framework. Scrapping the alliance removes any bar on Danone, the world's largest yoghurt maker by sales, from launching a hostile bid for Yakult, which makes fermented-milk drinks. Danone owns 20 percent of Yakult.
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**German real estate company Deutsche Wohnen AG has agreed to buy two property portfolios comprising a total of 7,800 flats in Berlin in a deal worth about 400 million euros. **Private equity firm Apollo Global Management said on Thursday it will invest in oil and gas company Double Eagle Energy Holdings as the company builds its holdings in Oklahoma.
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TOKYO, April 26- Japanese drink maker Yakult Honsha Co Ltd and France's Danone SA will dissolve a strategic tie-up, a source familiar with the matter told Reuters on Friday.
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LONDON, April 26- European shares were expected to fall on Friday following more than 4 percent gains during a five-session rally, with investors seen trimming their trading positions after some disappointing company earnings. In the United States, after the closing bell, online retailer Amazon. ,UK's FTSE 100, Germany's DAX and France's CAC.
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TOKYO, April 26- Japanese drink maker Yakult Honsha Co Ltd and France's Danone SA will dissolve a strategic tie-up, a source familiar with the matter told Reuters on Friday. The source said Danone would retain its 20 percent stake in the Japanese company.
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TOKYO, April 26- Japanese drink maker Yakult Honsha Co Ltd and France's Danone SA will dissolve a strategic tie-up, a source familiar with the matter told Reuters on Friday. The source said Danone would retain its 20 percent stake in the Japanese company.
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The luxury and sports brand group missed first-quarter sales forecasts, particularly for its Gucci fashion label and Puma sports brand, hit by sluggish trading in Europe and slower growth in China.
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Dunkin Donuts CEO said his coffee chain sees more room to expand in the U.S. Starbucks CEO said they're focused on global growth.
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April 25- Soft drink bottler Coca-Cola Enterprises Inc reported lower quarterly earnings on Thursday and said it would not exercise its right to acquire Coca-Cola Co's German bottling operations. Net income was $61 million, or 21 cents per share, in the first quarter, down from $109 million, or 35 cents per share, a year earlier.
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April 25- Soft drink bottler Coca-Cola Enterprises Inc reported lower quarterly earnings on Thursday and said it would not exercise its right to acquire Coca-Cola Co's German bottling operations. Net income was $61 million, or 21 cents per share, in the first quarter, down from $109 million, or 35 cents per share, a year earlier.
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April 25- Soft drink bottler Coca-Cola Enterprises Inc reported lower quarterly earnings on Thursday and said it would not exercise its right to acquire Coca-Cola Co's German bottling operations. Net income was $61 million, or 21 cents per share, in the first quarter, down from $109 million, or 35 cents per share, a year earlier.
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**German steelmaker Salzgitter denied market talk it was considering a bid for Aurubis, leading Aurubis shares to reverse earlier gains. Traders had earlier said there was talk that Salzgitter was considering a bid for Aurubis at 58 euros per share, which would value the company at 2.6 billion euros.
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*Standard Life, Jeronimo Martins lead gainers. British insurer Standard Life and Portuguese retailer Jeronimo Martins led gainers after announcing strong first-quarter numbers.
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April 24- Mexico's Coca-Cola Femsa, Latin America's biggest Coke bottler, said higher costs triggered a 7.7 percent drop in its first-quarter profit, sending its shares down almost 5 percent in morning trading.