Posts tagged 'Premier Foods'

Premier Foods’ brown bread plan

This is a euphemistic statement header, to say the least…

PREMIER FOODS ANNOUNCES FURTHER STEP TO BUILD VALUE IN BREAD Read more

Snap news

Breaking pre-market news on Tuesday,

- RBS sells RBS Aviation Capital - statement. Read more

Snap news

Breaking pre-market news on Friday,

- Premier Foods finance director to leave in the middle of a delicate refinancing negotiation – statementRead more

Snap news

Breaking pre-market news on Monday,

- Ryanair raises full year guidance by 10 per cent — statement and presentationRead more

Premier Foods is worth less than nothing

Here’s something you don’t see everyday – a negative share price target.

 Read more

Is Premier Foods brown bread?

You can say lots of things about Premier Foods (and we have – Ed) but the company is nothing if not consistent. The maker of Hovis bread and Mr Kippling cakes just keeps churning out the profit warnings.

The debt laden group has produced another on Friday and this one has a bit of added spice. Read more

Snap news

Breaking pre-market news on Friday,

- RBS says it is among the strongest capitalised banks in Europe — reportRead more

Snap news

Breaking pre-market news on Friday,

- RBS takes £733m hit on Greek government bonds; Ulster Bank impairment charge £1.25bn — statementRead more

Snap news

Breaking pre-market news on Thursday,

- UBS to axe 5,000 jobs – reportRead more

Old demons return to haunt Premier Foods [updated]

Once toxic, always toxic.

 Read more

Snap news

Breaking pre-market news on Friday,

- Biomet and Smith & Nephew set for talks over £15bn merger – reportRead more

Snap news

Breaking pre-market news on Friday,

- Rio Tinto extends Channar joint venture with Sinosteel; forms new JV with Chinalco for Chinese exploration — statement and statementRead more

Fresh horrors from the corporate finance lab

This is Jim Smart, the finance director of Premier Foods. He’s the lucky man charged with clearing up the mess from the group’s acquisition spree in the mid noughties, which turned a simple food producer into a corporate Frankstein — made up of companies bolted together through large debt infusions.

And what a mess it is. Read more

Snap news

Breaking pre-market news on Tuesday,

- Autonomy announces results two days ahead of schedule; says there has been no softening of demand — statementRead more

Snap news

Breaking, pre-market news on Monday,

- Sanofi launches $18,5bn Genzyme bid – APRead more

Snap news

Breaking pre-market news on Wednesday,

- Lloyds posts £1.6bn profit in first half, impairments at £6.55bn – statementRead more

Snap news

Breaking pre-market news on Thursday,

- Xstrata says it has no intention of making an offer for Anglo American – statementRead more

Snap news

The latest on Monday,

- Barclays announces plans to raise £6.5bn tier 1 capital – statement

- Tom McKillop and Fred Goodwin to step down from RBS; bank expects to raise £15bn – statement  Read more

Markets live transcript 22 Dec 2006

Live markets commentary from FT.com