Mr Kipling maker Premier Foods appoints new chair and CEO
Colin Day, Reckitt Benckiser's former finance boss, joins as Premier's new chairman, while former UK managing director Alex Whitehouse has been promoted to the top job
Company
Premier Foods
LON:PFD
Premier Foods manufactures a range of branded and own-label products across many food categories. Premier’s principal markets are the United Kingdom’s major food retailers, wholesalers and convenience stores, foodservice customers and food manufacturers.
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Veganism proves to be tidy earner for food firms as others look to exploit ‘meat-free’ momentum
Vegan sausage rolls have proved a boon to established food chains like Greggs, while investors are starting to pour money into the next generation of meat-free products
Premier Foods expects slower first half after Mr Kipling sales boost 2019 profit
Premier Foods plans to launch new plant-based food products in response to a rise in the number of vegans and vegetarians.
Investments and investor services
FTSE 100 closes higher and global stocks rally as trade fears seem to ease
On Wall Street, the Dow Jones Industrial Average is up 287 points at the time of writing
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Jobs figures take macro spotlight on Tuesday while LandSec leads company reports
Analysts at RBC Capital Markets are expecting the UK jobless rate to remain below 5% for a third successive month
Premier Foods approaches former Weetabix boss to become next CEO of Mr Kipling maker
Giles Turrell spent six years at Weetabix, overseeing the sale of the cereal maker to America’s Post Holdings for £1.4bn in 2017
Premier Foods reviews business, appoints activist investors to board
Two activist investors have secured spots on the board of Premier Foods
Premier Foods blames “present business climate” as it pulls planned Ambrosia sale
Former CEO Gavin Darby put the custard and rice pudding business up for sale in November under pressure from activist investor Oasis
Premier Foods sales fall over Christmas period as it prepares for hard Brexit
Premier Foods maintained its guidance for trading profit and earnings per share in 2019 even though it sees costs rising more than previously expected
Investments and investor services
FTSE 100 finishes lower as uncertainty continues to be the watchword
The UK's premier share index finished down over 27 points at 6,834
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Whatever the UK government no-confidence vote outcome, investors will have plenty to chew over on Thursday
The Day Ahead will bring updates from the likes of Primark-owner Associated British Foods, a caffeine-free Whitbread, credit checker Experian, and software firm Sage
Premier Foods rises as chief executive announces resignation and interim loss widens
Darby said he would step down as head of the food producer, whose brands include Bisto and Mr Kipling, on 31 January 2019 after six years at the helm
Investments and investor services
FTSE 100 flatlines at close as sterling gains on Brexit optimism
The UK blue-chip benchmark closed up 0.68 at 7,053, while the FTSE 250 added over 174 points at 18,985
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Taylor Wimpey and Vodafone to lead the way on a busy Tuesday in the City
The City diary is filled to the brim, with updates expected from Taylor Wimpey, McCarthy & Stone, Vodafone, Premier Foods, Experian and many more
Whitbread faces pressure to prove merits of Premier Inn as standalone business
“Whitbread investors may miss the caffeine highs Costa serves up," Hargreaves Lansdown said of the group's decision to sell the coffee chain to Coca-Cola
Premier Foods boss narrowly survives shareholder revolt
Two of Premier’s biggest shareholders had called on investors to vote against Gavin Darby’s re-election, with one claiming it had “completely lost faith” in him
Premier Foods posts solid trading update ahead of crucial vote for under-fire boss
The company’s AGM is taking place later this morning, with shareholders set to vote on whether under-fire boss Gavin Darby should be re-elected
Investments and investor services
FTSE 100 closes higher, bolstered by sterling's fall; rate rise doubts
The index of leading UK shares closed up just shy of 50 points higher at 7,676, while the FTSE 250 was also up
As Ryanair's struggles continue can easyjet look to the blue skies?
Easyjet and Severn Treant are among the key names in the diary for Wednesday.