Hints and tips:
...Additional reporting by Lydia Tomkiw and Andrew Edgecliffe-Johnson in New York and Adam Samson in London...
...This is not just a recent phenomenon: Adam quotes Mark Jones, former director of London’s V&A, on Richard Wallace (1818-90), founder of the Wallace Collection, who “was an outsider, because of being illegitimate...
...Walker concluded that capitalism could be reformed by “bridging” the philosophies of Adam Smith, Andrew Carnegie and Martin Luther King to “bend the demand curve towards justice”....
...Kate Adams, Apple’s chief counsel, called the verdict “a huge win”, pointing to the court’s ruling that “Apple is not a monopolist under ‘either federal or state antitrust laws’”....
...Wireless carrier Verizon, beverage group PepsiCo and Bank of America faced similar investor demands....
...Although its parent company, Interpublic Group Cos Inc, installed female leadership at the Martin Agency, IPG’s board remained the same....
...“Beyond’s results and outlook revealed strong underlying business momentum across retail and food service channels and healthy gross margin leverage,” said Adam Samuelson an analyst at Goldman Sachs on Friday...
...This puts the sector on a relative P/E premium of 29% on NTM+1 (Apr 21-Mar 22), 18.5x for Beverages vs 14.3x for the Market....
...It saw opportunities in mixing hot beverages and fizzy cold drinks. Here’s a tip: don’t try that at home. Mr Becht was an operations guy, rather than a visionary or banker....
US group will pay $2.2bn for Brazilian-owned meat business
...PepsiCo said it made $4.42bn from its North American beverages unit in the quarter. Analysts had predicted $4.3bn in sales from the unit, down from $4.46bn in the previous year....
...These included acquisitions such as Ewos, a Norwegian salmon feed company, and Diamond V, a manufacturer of yeast culture products to aid animal health....
...Origins of JAB JAB traces its roots to the German businessman Johann Adam Benckiser, who in 1823 bought a chemicals factory in southwestern Germany....
...Long Blockchain’s board has also approved a spin-off of Long Island Brand Beverages, its drinks subsidiary, to “allow the company to focus exclusively on its move into the blockchain technology industry....
...He said: “I am honored to be joining Staples, Inc. as CEO....
...The top-10 list also includes a 23 per cent advance by Dr Pepper Snapple Group, the beverage company that agreed to a takeover by JAB Holding earlier this week, and a 21 per cent increase by the department...
...Diamond V manufactures natural yeast culture products that help animal health....
...Adam Mizrahi, an analyst at Berenberg, said: “Nomad is acquiring Goodfella’s for what appears to be a very reasonable multiple in the wider context of recent packaged food deals, but it is worth noting that...
...Additional reporting by Adam Samson in London and Patrick McGee in Frankfurt...
...A 34oz bottle of P&G’s Pantene Pro-V Shampoo & Conditioner was listed by 10 different sellers — nine of them third parties — on the shopping site....
...He has also served as CEO of Pepsi’s food and beverage unit and has been on Reckitt Benckiser’s board since 2015....
...They began increasing prices, which “destroyed the overall value message”, says Richard Adams, former director of franchising for the western US, who has since sold his restaurants and now consults for other...
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