Kraft hit by Cadbury and commodities

first_img Show Comments ▼ Kraft hit by Cadbury and commodities Thursday 10 February 2011 8:45 pm Tags: NULL KRAFT FOODS saw its quarterly income drop 24 per cent on last year as the cost of taking over UK confectioner Cadbury began to bite. Net income at the owner of Oreo cookies and Philadelphia cheese fell to $540m (£335.5m) from $710m a year ago, in part due to costs linked to Cadbury and to the rising price of corn, sugar and cocoa. Revenues rose 30 per cent to $13.8bn, slightly ahead of consensus estimates, including a 26.2 percentage point gain from acquiring Cadbury in a controversial deal last February. Cadbury fared badly in North America in the fourth quarter, with net revenues dropping 6.1 per cent after lower sales of Trident and Stride chewing gum.Cadbury turnover in Europe was flat, with a decline in southern Europe offsetting what Kraft said were strong sales in the UK. Operating income in Europe fell 27.7 per cent to $159m, as costs linked to integrating Cadbury wiped out half of the division’s profit.In emerging markets, where Kraft hopes to grow through its takeover of Cadbury, the group saw revenues rise 73.5 per cent with 61 percentage points coming through Cadbury.Kraft forecast profit growth of between 11 and 13 per cent excluding integration costs this year, which has been scaled back from predictions of “mid-teens” growth in November’s update. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Sharecenter_img KCS-content whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapplast_img read more

UK government confirms reopening date for English casinos

first_img Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter UK government confirms reopening date for English casinos The UK government has announced that English casinos will be able to reopen from tomorrow (15 August) after deciding against further extending the closure order for certain indoor venues in the country. Regions: UK & Ireland Topics: Casino & gamescenter_img 14th August 2020 | By contenteditor Casino & games The UK government has announced that English casinos will be able to reopen from tomorrow (15 August) after deciding against further extending the closure order for certain indoor venues in the country.Casinos in England have been closed since 20 March, days before the UK locked down in response to the novel coronavirus (Covid-19) pandemic, but were due to reopen on 1 August in line with the government relaxing certain measures.However, less than 24 hours before the scheduled reopening, the government announced that this would be delayed for at least two weeks, over concerns of a second spike with cases rising in certain areas of the UK.The ruling also applied to other indoor venues such as theatres and beauty salons.The government has now said that it will not extend this closure period and will permit casinos and other indoor venues to reopen from tomorrow, subject to the facilities having the appropriate protection measures in place.The Betting and Gaming Council (BGC), which beomaned the decision to delay the reopening of casinos, said the resumption of operations is a “welcome relief” to more than 12,000 people employed by the sector. However, it added, the sector faced tough times ahead.“We regret that it has taken so long for staff to return to work – long after all manner of venues and activities, that don’t have anything like the anti-Covid measures you will see in any casino, were reopened,” BGC chief executive Michael Dugher said“Given casinos had been cleared by Public Health England as safe to reopen and given we had the strong support of DCMS, who have been steadfast throughout, it was lamentable that our safe businesses had to suffer considerable hurt and expense with a further pointless two week delay.”He warned that venues still faced an uncertain future, with land-based casinos having lost substantial amounts of money due to the closure period.Earlier this week, the BGC urged the government to extend its Covid-19 furlough scheme to help safeguard jobs and also protect casino venues.“The last five months has left many casinos on the brink and the next few months will be particularly crucial to their recovery as the tourism, leisure and hospitality sector slowly gets back on its feet,” he said.“This sector can play an important part in our national economic recovery and I hope ministers will continue to work closely with the industry to provide support through this difficult period.”Casinos in Scotland and Wales will remain closed for the time being, though the Scottish government has indicated that such venues will be able to reopen on 24 August. Dugher called on the Welsh government to follow suit.“Casinos have invested heavily in new Covid safeguards; there can be no justification for further delaying their opening,” he said.“We continue to urge the Welsh government to fully engage with the sector and seek the reassurances we can provide to bring about the safe reopening of casinos in Wales.” Email Addresslast_img read more

Nampak Zimbabwe Limited (NPKZ.zw) 2014 Abridged Report

first_imgNampak Zimbabwe Limited (NPKZ.zw) listed on the Zimbabwe Stock Exchange under the Paper & Packaging sector has released it’s 2014 abridged results.For more information about Nampak Zimbabwe Limited (NPKZ.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Nampak Zimbabwe Limited (NPKZ.zw) company page on AfricanFinancials.Document: Nampak Zimbabwe Limited (NPKZ.zw)  2014 abridged results.Company ProfileNampak Zimbabwe Limited manufactures and markets packaging products which includes paper, plastic and metal packaging. It also has interests in leasing biological assets and a timber processing plant. Subsidiaries in the Paper division includes Hunyani Corrugated Products Division, Hunyani Cartons, Labels & Sacks Division, Hunyani Management Services Division, Hunyani Forests Limited, Hunyani Properties Limited and Softex Tissue Products (Private) Limited. Other subsidiaries include MegaPak Zimbabwe and CarnaudMetalbox Zimbabwe Limited operating in the plastics and metals segment; and companies manufacturing corrugated containers and specialised packaging for the tobacco, horticultural, flori-cultural and citrus industry for local distribution and export. Mega Pak Zimbabwe offers technology solutions for blow molding, injection molding, stretch blow molding and rotational molding. Nampak Zimbabwe Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Forget Income Bonds, gold and Cash ISAs. I’d buy UK shares in a Stocks & Shares ISA today

first_img Image source: Getty Images. Peter Stephens | Wednesday, 5th August, 2020 Forget Income Bonds, gold and Cash ISAs. I’d buy UK shares in a Stocks & Shares ISA today The recent market crash and uncertain economic outlook may cause some investors to avoid UK shares. They may feel the short-term risks facing the stock market could worsen, as the threat of a second wave of coronavirus continues.However, the returns available over the long run through FTSE 100 and FTSE 250 shares could be significantly higher than those of Cash ISAs, gold and Income Bonds.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Therefore, while risks remain over the short run, now could be the right time to purchase a range of UK shares while they trade at low prices. They could lead to a surprisingly large Stocks and Shares ISA portfolio in the coming years.Alternative optionsThe market crash may mean that UK shares are relatively unpopular at the present time due to their volatile outlook. However, the returns available elsewhere could be somewhat disappointing. For example, NS&I Income Bonds offer a return of just over 1%, while many Cash ISAs have interest rates that are substantially below that figure. Over the medium term, their returns may continue to be relatively low as interest rates fail to rise due to policymakers seeking to simulate the economy.Similarly, the return prospects for gold may be more limited than many investors realise. The precious metal is currently popular largely due to the uncertain economic outlook. However, history shows that no recession has ever lasted in perpetuity. This means that an improvement in investor sentiment towards riskier assets, such as UK shares, is likely. As such, an ongoing rise in the gold price at the same pace as that achieved in the first half of 2020 seems to be somewhat optimistic.Buying UK shares after a market crashTherefore, buying UK shares today could prove to be a relatively profitable move. Not only do they have a strong track record of delivering high-single-digit annual returns over a long period of time, their current valuations suggest that there is significant scope for them to recover over the coming years.Certainly, some sectors have rebounded since the FTSE 100 and FTSE 250 reached lows in March. However, weak investor sentiment towards the wider stock market means that some high-quality businesses are trading on valuations that suggest they offer wide margins of safety. Buying them now may provide scope for capital growth as they not only experience improving operating conditions, but benefit from rising investor sentiment towards equities.With it being a cheap process to buy UK shares in a Stocks and Shares ISA, taking advantage of the stock market’s likely recovery after the market crash is something that can be done by almost any investor. Over time, the stock market could offer a significantly greater return than Income Bonds, Cash ISAs and gold, which could boost your portfolio’s returns and improve your prospects of enjoying financial freedom in the long run. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Peter Stephens Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this.last_img read more

Best tries of the Mitre 10 Cup – Round 3

first_imgMonday Sep 5, 2016 Best tries of the Mitre 10 Cup – Round 3 Another brilliant weekend of NPC rugby took place in New Zealand’s Mitre 10 Cup (formerly ITM Cup/AirNZ Cup), so here is a look at some of the very best tries scored, including two classics from the Ioane brothers that we featured here on Friday.They are all excellent tries, but perhaps the most enjoyable is saved for last, as we all love a good centering kick. Let us know what you think, and if you spotted anything else you think we should feature from the Mitre 10 Cup. contact us via email | twitterADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Great Tries Related Articles 26 WEEKS AGO Incredible athleticism for sensational try… 26 WEEKS AGO ARCHIVE: Suntory score amazing try to upset… 26 WEEKS AGO WATCH: All 12 tries from EPIC Bristol-Clermont… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life Reports30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Journalists and media threatened on all sides

first_img News Follow the news on Iraq to go further Organisation Parker was threatened on Facebook and on Al-Ahd TV ¬– a TV station owned by Asaib Ahl al-Haq, an armed group backed by Iran – in connection with a 3 April article about human rights violations by Iraqi police and allied Shiite militias in Tikrit after its liberation from Islamic State.It described a climate of violence, looting and impunity, with police torturing a suspected Islamic State member to death and Shiite militiamen dragging a man’s body behind their car, and suggested that this would have dire consequences for the government’s strategy for combatting the jihadists.Reporters Without Borders urges the government to guarantee better protection for journalists who are targeted either by Islamic State or radical Shiite militias.“The Iraqi authorities must not allow crimes against journalists to go unpunished,” Reporters Without Borders deputy programme director Virginie Dangles said. “When journalists are the targets of threats and violence, investigations must be carried out to identify and punish those responsible. The authorities have a duty to protect journalists, who are not safe anywhere in Iraq.”Reacting to the Reuters bureau chief’s departure, Iraqi Prime Minister Haidar Al-Abadi reaffirmed his support for journalists and the news media and claimed that the police did everything possible to protect Parker after the threats. He also ordered government forces to end the looting and arrest those responsible.Two-fold pressureAs violence and impunity continue to reign in Iraq, journalists are still being harassed by officials who refuse to accept criticism and do not hesitate to bring judicial proceedings against them.According to the Journalistic Freedoms Observatory, a Reporters Without Borders partner organization, the authorities in the southern province of Basra are prosecuting freelance journalist Nasser Al-Hajjaj for criticizing the governor on social networks. The head of the Supreme Islamic Council has asked the governor to withdraw his complaint. Al-Hajjaj is currently in Lebanon.Reporters Without Borders and JFO wrote a joint letter to the Supreme Council of the Judiciary, the Baghdad Court of Appeal and the Court for Press and Publication Cases in February 2014 drawing attention to the way many government officials and politicians abuse the possibility of bringing legal proceedings in order to sabotage the work of journalists.Iraq is ranked 156th out of 180 countries in the 2015 Reporters Without Borders press freedom index. Reporters Without Borders is concerned about journalists in Iraq being hounded in connection with their reporting after Reuters Baghdad bureau chief Ned Parker had to flee the country because of threats by Shiite armed groups over his coverage of their behaviour in the newly liberated city of Tikrit. February 15, 2021 Find out more RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” RSF_en Iraq : Wave of arrests of journalists covering protests in Iraqi Kurdistan Receive email alerts April 18, 2015 – Updated on January 20, 2016 Journalists and media threatened on all sides News News News Three jailed reporters charged with “undermining national security” IraqMiddle East – North Africa Help by sharing this information December 28, 2020 Find out more IraqMiddle East – North Africa December 16, 2020 Find out morelast_img read more

10% of Donegal’s business premises are lying vacant

first_img 75 positive cases of Covid confirmed in North Facebook By News Highland – June 26, 2012 WhatsApp Pinterest WhatsApp Pinterest Further drop in people receiving PUP in Donegal Previous articleDonegal ‘ignored’ by foreign investors considering locating industryNext articleFunding agreed for Elmwood Downs drainage News Highland Google+ Twitter Main Evening News, Sport and Obituaries Tuesday May 25th center_img Gardai continue to investigate Kilmacrennan fire Google+ Newsx Adverts Figures released by Donegal County Council indicate that 10% of business premises in the county are vacant and available for rent or lease.Sinn Fein Councillor Marie Therese Gallagher says this is a strong indication of how many businesses have now closed in Donegal and how few are being opened.Last year the council wrote off 3.4 million as rates deeming irrecoverable while 22% of businesses have entered a payment plan with the council for a total amount of 2.25 million euro.Councillor Marie Therese Gallagher says more needs to be done to assist small businesses:[podcast]http://www.highlandradio.com/wp-content/uploads/2012/06/marierates.mp3[/podcast] 365 additional cases of Covid-19 in Republic Facebook Man arrested on suspicion of drugs and criminal property offences in Derry Twitter RELATED ARTICLESMORE FROM AUTHOR 10% of Donegal’s business premises are lying vacantlast_img read more

Ithaca man taken into custody after West Village barricade incident

first_img Your Crime & Courts news is made possible with support from: Tagged: ipd, ithaca police department Kelsey O’Connor Kelsey O’Connor is the managing editor for the Ithaca Voice. Questions? Story tips? Contact her at [email protected] and follow her on Twitter @bykelseyoconnor. More by Kelsey O’Connor At about 12:48 p.m. Thursday at 150 West Village Place, the Ithaca Police Department responded to a report of a subject with a handgun. In a statement on social media, Ithaca Police further said the man had “pointed a handgun at multiple people.”When police arrived, they said they created a perimeter around the apartment and the subject, identified as 23-year-old Jalin Boutwell, refused to come out or speak with officers. The SWAT and CINT teams responded to the scene.At about 2:50 p.m., police said Boutwell came out “and surrendered without further incident.”Boutwell was charged with criminal possession of a weapon, a felony. He was arraigned in Ithaca City Court and remanded to the Tompkins County Jail in lieu of $2,500 cash or $5,000 bond. ITHACA, N.Y. — Ithaca police have taken a man into custody after he barricaded himself in a West Village apartment. Police said they initially responded to a report that he was pointing a gun at multiple people. The incident drew a large police presence to the area of the West Village apartments for a couple of hours Thursday afternoon. last_img read more

False alarm causes panic, fleeing passengers at Newark airport

first_imgWestersoe/iStock(NEWARK, N.J.) — A false alarm caused panicked Labor Day passengers to flee Newark Liberty International Airport in terror on Monday night.The incident began at about 8:30 p.m. at the New Jersey airport when an Alaska Airlines employee approached two men at Gate 30 in Terminal A and the men fled, causing the employee to hit an alarm, according to the Port Authority of New York and New Jersey, which operates the airport.The alarm triggered a panicked evacuation of the terminal, with passengers ditching their luggage and heading for the nearest exits as fast as they could.The alarm caused about 150 to 200 passengers in the terminal to “self-evacuate” outside Gate 37, the Port Authority said.Most terrifying few minutes of my life. Being in terminal A at EWR about to board my flight when a flight attendant starts screaming evacuate. Absolute chaos. Currently standing on an active tarmac. I just want to go home. pic.twitter.com/5BkWFUntVm— Erin Fors (@forsie) September 3, 2019“I ran with the crowds, hid under some seats, looked for an exit, headed out to the tarmac,” tweeted Erin Fors, one of those who ended up on the tarmac. “Sounded like gun shots but after seeing the damage in this terminal, it’s more likely it was glass being shattered from people jumping. Terrifying.”Shooting scare at Newark Airport. Police arrived in seconds. We are all outside on the runway. Terrified . pic.twitter.com/WLDLKb4mKV— Cristina Centeno (@Coach_Centeno) September 3, 2019Video showed passengers returning to the terminal once calm had prevailed with bags strewn everywhere.The two men who fled the airline employee were being interviewed and there were no charges or arrests, authorities said.Passengers had to be rescreened once they were allowed back inside.The Port Authority said there was no impact to airport operations. An investigation is underway.Copyright © 2019, ABC Radio. All rights reservedlast_img read more

UK: Royal Navy’s Ensign Flies Again on Wreck of Battle-Cruiser HMS Repulse

first_img View post tag: News by topic Back to overview,Home naval-today UK: Royal Navy’s Ensign Flies Again on Wreck of Battle-Cruiser HMS Repulse View post tag: Ensign UK: Royal Navy’s Ensign Flies Again on Wreck of Battle-Cruiser HMS Repulse View post tag: Again View post tag: HMS View post tag: Naval View post tag: Flies View post tag: Battle-Cruiser May 23, 2014center_img View post tag: Wreck The reservist from HMS Vivid in Plymouth and fellow diver/photographer Mike Robinson fulfilled the wishes of the survivors’ association to return to the battered remains of the Repulse, one of two capital ships around which Force Z was formed in 1941 to deter Japanese aggression in the Far East.Not only did the two vessels fail to curb Tokyo’s ambitions, but they were also pounced upon by Japanese bombers when they sailed from Singapore to attack enemy ships supporting landings on the Malay Peninsula.After evading nearly 20 torpedoes, Repulse – which was built in WW1 and served extensively in the Mediterranean between the wars – was struck four or five times in quick succession, despite her gunners damaging or downing 15 Japanese aircraft.After just 70 minutes of battle, the 25-year-old ship succumbed to her wounds, capsized and sank, taking more than 500 souls with her – ​just under half the ship’s company.The Prince of Wales survived for another hour before she too tank about eight miles to the east.In all, around 840 officers and men – including the task force commander Tom Phillips and flagship captain John Leach – lost their lives. Repulse’s captain, Bill Tennant, survived and became one of the architects of the Normandy invasion.The wrecks of both vessels have been visited fairly regularly since being discovered by Royal Navy divers in the mid-1960s – although the Prince of Wales has generally received the bulk of the attention.Adam and Mike made five dives on the Repulse and despite fairly poor visibility – around four metres – the duo were able to make a fairly comprehensive survey of the lost leviathan.“Repulse is still a very imposing sight and it was a great honour to replace the Ensign on behalf of the survivors’ association,” said Adam.“The wreck is still in good condition overall, lying on her port side in 57 metres of water. One of the 15in turrets is still facing out pointing the massive barrels up to the sky.“The rest of the secondary armament on the port side is all visible. The seabed is littered with live ammunition – mainly pom-pom rounds and some 4in shells are clearly visible.”Sadly, despite the sanctity of the site – both ships are protected war graves – the Repulse has suffered at the hands of ruthless salvage hunters; pre-nuclear-era steel is particularly valuable.These scrap dealers have removed two propellers and caused substantial damage to aft, using explosives around the shafts.[mappress]Press Release, May 23, 2014; Image: Royal Navy The White Ensign flies again on one of the most hallowed sites in Royal Navy history. Fifty-seven metres beneath the South China Sea Lt Adam Bolton admires the Royal Navy’s standard fixed to the wreck of battle-cruiser HMS Repulse, sunk by the Japanese 73 years ago. View post tag: Royal View post tag: Repulse Training & Education View post tag: Navy Share this articlelast_img read more