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UK - Low EU sugar prices impacts AB Sugar's profitability
2014-09-15 09:46:42| Sugar Industry News
In its latest trading update, AB Sugar acknowledges that operating profit will be down by some 20 million "driven by declining European sugar prices". This hit the Associated Brition Foods (the parent company) share price, which fell by 56 pence to 26.21.
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Dairy prices slump to two-year low in latest auction
2014-08-05 23:03:24| Food - Topix.net
Dairy product prices slumped to the lowest level since October 2012 in the latest GlobalDairyTrade auction, paced by whole milk powder and cheddar.
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Loblaw head says fresh food trumping low prices for grocery shoppers
2014-07-25 00:35:40| Grocery - Topix.net
The head of Loblaw Companies, the country's largest supermarket chain, said Thursday that savvy shoppers are no longer just looking to pay the lowest prices they can for food.
Weibo prices IPO at low end of range - report
2014-04-17 08:57:00| Telecompaper Headlines
(Telecompaper) Chinese microblogging service Weibo raised USD 285.6 million in its US initial public offering, after pricing the shares at the low end of the indicated range, people with knowledge of the matter told Bloomberg. Weibo sold 16.8 million American depositary shares for USD 17 each. The shares had been offered for USD 17-19 apiece. The company's shares will be listed on the Nasdaq market. Weibo plans to use most of the proceeds from the IPO to repay loans to its parent company Sina.
Low sugar prices hit Zim expansion: Tongaat
2013-11-14 07:19:21| Sugar Industry News
HARARE - Plans to expand cane production and root replanting in Zimbabwe have been hindered by depressed global sugar prices and irrigation challenges, South Africa-based agricultural commodities processor Tongaat Hulett (Tongaat) said.
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