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Accolade Wines opposes Treasury, Pernod Ricard on price rises

2015-05-30 02:30:18| Beverages - Topix.net

Tensions are rising in the alcohol industry as a review of taxes may change the price tag for beer, wine and spirits. Accolade Wines, the second largest wine company in Australia, is angry with its two major rivals, Treasury Wine Estates and Pernod Ricard, who are pushing for a flat tax for all wine.

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Broadcom stock rises on news of possible purchase by Avago

2015-05-27 23:21:49| Chemicals - Topix.net

Shares of Irvine-based Broadcom rose almost 22 percent on Wednesday to $57.15 a share after reports that the Irvine-based chip company was in talks to be bought by peer Avago Technologies. A purchase by Avago would be the latest in a round of consolidation in the $300 billion industry as the rising costs of production and design push chipmakers to combine.

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UK house price rises 'accelerate'

2015-05-19 13:47:16| BBC News | Business | UK Edition

UK house prices accelerated with a 9.6% increase in the year to the end of March, according to official figures.

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Vodafone shares drop but FTSE rises

2015-05-19 10:08:17| BBC News | Business | UK Edition

The FTSE 100 rises at the start of trade, but shares in Vodafone fall despite the mobile phone network reporting a rise in quarterly sales.

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Vodacom Group FY revenue rises 2.1% to ZAR 77.3 bln

2015-05-18 10:47:00| Telecompaper Headlines

(Telecompaper) Vodacom Group reported a 2.1 percent increase in full-year revenue to ZAR 77.3 billion from ZAR 75.7 billion in 2014. Excluding the impact of a 50 percent cut in MTRs in South Africa, group revenue in the year to March increased by 4.8 percent. EBITDA declined by 1.5 percent to ZAR 26.9 billion, hurt by negative forex effects and a one-time charge of ZAR 405 million to write down operations in the Democratic Republic of Congo. Headline earnings per share decreased by 4.0 percent to ZAR 8.60 from ZAR 8.96 in 2014, and net profit fell 8.5 percent to ZAR 12.5 billion.

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