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  • *Firm guides to trading profit of no more than 1.4 bln stg. LONDON, April 17- Tesco will point to recent signs of recovery when Britain's biggest retailer reports annual results on Wednesday, though an expected big writedown on the value of its stores could highlight the work still needed to mend its finances. Since joining in September from consumer goods group...

  • LONDON, April 17- Nestle became the third European food company to report better-than-expected first-quarter sales on Friday, adding to evidence that the sector is moving past the troubles of 2014.. Last year, makers of consumer packaged goods were hammered by slowed economies, including in once-hot markets such as Brazil and China. "Another European food Q1...

  • LONDON, April 16- Bosses from more than forty global companies called on negotiators to agree a United Nations climate change deal in Paris in December and pledged to make their own emission cuts, they said in an open letter published on Thursday. The letter is designed to put pressure on government officials ahead of a spring meeting of a World Bank group in...

  • Philip Morris and Netflix are big market movers Thursday, 16 Apr 2015 | 4:22 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Philip Morris International Inc., up $6.83 to $84.96. Unilever PLC, up $1.66 to $45.06.

  • LONDON, April 16- European equities retreated from 14- year highs on Thursday, led lower by shares in French retailer Casino, which reported slower sales growth, and Pearson, on a report that one of its educational technology projects was in trouble. Casino's stock dropped 4.6 percent after Societe Generale and Natixis cut their target prices, and Pearson fell 4...

  • LONDON, April 16- European equities were led lower on Wednesday by French retailer Casino, which reported slower sales growth, and Pearson, which fell following troubles with one of its educational technology projects. Casino fell 4.4 percent after Societe Generale and Natixis cut their target prices for the stock a day after it reported slower sales growth.

  • European equities retreat from highs on Greek concerns Thursday, 16 Apr 2015 | 7:23 AM ET

    LONDON, April 16- European equities retreated on Thursday, with growing concerns about Greece's debt situation prompting investors to take some profits after the previous session's 14- year highs. Greece's ATG share index fell 0.8 percent as the Financial Times reported the International Monetary Fund had rebuffed a request from the country to delay loan...

  • UPDATE 2-Unilever sees tailwinds boosting sales hopes Thursday, 16 Apr 2015 | 6:51 AM ET

    LONDON, April 16- Unilever reported better than expected first quarter sales and struck a positive tone on the rest of the year, citing brighter signs in major markets such as the United States, China and India. "We are overall starting to see more tailwinds than headwinds," Chief Financial Officer Jean Marc Huet said. Huet told Reuters that Unilever's full-year...

  • Media stocks drag down European equities from highs Thursday, 16 Apr 2015 | 6:31 AM ET

    The STOXX Europe Media index dropped 1.3 percent, the top sectoral decliner, dragged down by a 3.6 percent fall in Pearson after a report saying the Los Angeles Unified School District was seeking a refund from Apple over a bungled $1.3 billion iPad plan with curriculum from Pearson. Around Europe, Britain's FTSE 100 index was down 0.3 percent and Germany's DAX...

  • LONDON, April 16- Unilever reported better-than-expected sales for the first quarter on Thursday, showing improvement from the hammering it took last year from weak emerging markets including a slowdown in China. Huet told Reuters that Unilever's full-year sales growth would probably come in at the upper end of its prior stated goal of 2 to 4 percent.

  • LONDON, April 16- Unilever chief financial officer narrowed the consumer goods giant's sales growth goal on Thursday after a strong start to the year, helped by an early Easter holiday and a better-than-expected performance in China. The maker of Dove soap and Ben& Jerry's ice cream said in January it expected full-year sales growth of about 2 to 4 percent.

  • Unilever first-quarter sales better than expected Thursday, 16 Apr 2015 | 2:15 AM ET

    LONDON, April 16- Unilever reported better than expected sales for the first quarter on Thursday, showing improvement from the hammering it took last year from weak emerging markets including a slowdown in China. Unilever had forecast in January that sales would rise by between 2 percent and 4 percent in 2015, with the first quarter at the low end of the range and...

  • *Volvo, Asos, SABMiller among firms pursuing natural hedges. Last month it announced plans to build a $500 million plant in the United States, looking past the dollar's current strength to build in a longer-term protection. "We're eliminating short-term currency fluctuations, which are never good for long-term commitment to customers in different regions, and...

  • LONDON/ NEW YORK, March 26- Anheuser-Busch InBev, the world's largest brewer, is close to proposing JAB Holding Chief Executive Olivier Goudet as its next chairman, according to four sources familiar with the matter. Goudet, born in 1964, has served as chief financial officer of US confectionery giant Mars Inc. Since June 2012, he has been partner and CEO of JAB...

  • LONDON, March 9- WPP strengthened its position at the top of the advertising industry last year as its geographical reach and strong digital sales gave it the edge over its two closest rivals, who were distracted by a failed merger. WPP, which counts the likes of Ford, Unilever and Microsoft among its clients, reported a 3.3 percent rise in 2014 like-for-like net...

  • Two non-executive directors to quit Tesco board Thursday, 26 Feb 2015 | 6:36 AM ET

    LONDON, Feb 26- Changes to the make-up of Tesco's board continued apace on Thursday with Britain's biggest retailer saying two of its non-executive directors will leave at the end of the month. Richard Broadbent will be succeeded as Tesco chairman by John Allan on March 1. A new chief executive, Dave Lewis, and finance director, Alan Stewart, were appointed last...

  • Health-conscious Chinese challenge Western food firms Wednesday, 25 Feb 2015 | 8:42 AM ET

    *Analysts see nutrition as selling point in China. LONDON/ SHANGHAI, Feb 25- Chen Chen, a 27- year-old financial analyst in Shanghai, has cut back on bottled milky tea in favour of fresh-squeezed juices. Packaged food makers such as Nestle, Danone, PepsiCo and General Mills enjoyed fast growth in China as middle class consumers opted for convenience foods.

  • *Over 70 pct of top firms seeing improvement in Europe. LONDON/ PARIS, Feb 23- Signs of a long-awaited recovery in Europe are starting to show through in the profits of leading global companies, even if their bosses are still giving most of the credit to strong demand in Asia or the United States. Reuters has analysed comments from more than 50 of the biggest companies...

  • Danone cautious on 2015 sales, profit growth Friday, 20 Feb 2015 | 3:07 AM ET
    Danone buys YoCrunch.

    French food group Danone made a cautious 2015 sales and profitability growth forecast as it grapples with deflation in Europe.

  • UPDATE 2-Nestle forecasts improvement in 2015 Thursday, 19 Feb 2015 | 5:38 AM ET

    *Working to fix North American frozen, China businesses. VEVEY, Switzerland, Feb 19- Nestle, the world's largest packaged foods maker, forecast sales growth around 5 percent this year, at the low end of its long-term goal, as it grapples with deflation in Europe and a slowdown in China. The goal includes improvements in margins, helped by cost savings and efforts to...