SPC soars on Coke takeover
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SHARES in canned fruit and vegetable producer SPC Ardmona Ltd soared more than 20 per cent today after the group announced it had agreed to a takeover offer from Coca Cola Amatil Ltd.
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Drinks giant Allied Domecq was today toasting the success of spirits such as Ballantineâs whisky and Malibu rum as it issued an upbeat trading statement.
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RESOURCES giant Xstrata announced its first triumph in its $7.4 billion takeover bid for WMC Resources yesterday - the purchase of 173,954 shares.
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Gregory Havret will head into the first major tournament of his career on a champagne-induced high this week after his stunning Scottish Open success at the weekend.
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The record finish capped a four-month rally driven by corporate buyouts, strong profits and stock buybacks.
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Record attendance and rich media deals have pushed team values to new heights.
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The drugmaker announces another great quarter of growth.
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The 20-year-old American went straight into the squad for tonightâs Coca-Cola championship match with leaders Wigan at Portman Road.
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Australian soft drink bottler Coca-Cola Amatil Ltd. has launched a friendly Aust. $500 million ($382 million) bid for SPC Ardmona Ltd.
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Demand for a 2.3-billion-pound share buyback by Marks &amp; Spencer has been strong, the retailer says after pricing the move above market expectations at 362 pence per share.
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SABMiller, the worldâs third biggest brewer, poured out a strong interim trading performance yesterday - as it also said it had a potential warchest of up to $2 billion (Â£1.08bn) if a major acquisition opportunity occurred.
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Northumberland-born trainer Jonathan Pease was cracking open the champagne last night after winning one of the top prizes in racing.
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Coke is under attack again for its record in the developing world, this time from a Wall Street stockbroker who aims to half the value of the companyâs share price.
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Coca-Cola named Muhtar Kent as president and chief operating officer, filling the companyÂs No. 2 job.
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A controversial steel magnate today awarded himself a Â£1.1 billion bonus after unveiling a takeover that will create the worldâs biggest steel company.
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Coca-Cola Co. KO.N, the world's  largest soft-drink maker, on Wednesday reported higher  fourth-quarter net income as it benefited from the weak U.S.  dollar, lower taxes and a late-year surge in demand for its  beverages.
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The world's biggest steelmaker stacks up impressively against the competition.