News Results for Premier Foods (PFD)

The FTSE 100 was up around 1% by midday on Tuesday, hovering around the 6,250 mark. It appears the positive sentiment imbued by encouraging news on a Covid-19 vaccine is holding for now. Stocks...

Premier Foods has upgraded its trading profit outlook for the financial year after statutory profit before tax rose 35.5% for the second half of the 2020/21 year, according to its half year...

With Biden leading in the key swing state of Philadelphia and a better-than-expected US jobs report out the muted reaction in the markets suggested the likely outcome of the election had already...

The FTSE 100 rose today on market open after a week of strong gains despite nerves about lockdown and Brexit, before falling slightly later in the morning. Premier Foods has sold its stake in...

Premier Foods has sold its stake in bread-maker Hovis to private equity firm Endless in a £37 million deal, which it said would strengthen the group's financial position as it continues to improve...

UK equities ended Wednesday's session in positive territory despite the result of the US election hanging in the balance, with postal ballots still being counted. A change at the White House is...

Premier Foods has confirmed it is in talks concerning a sale of its 49% stake in Hovis Holdings. The FTSE 250 firm has responded to media reports and a statement from Newlat Foods, with the...

Grocery food manufacturer Premier Foods said it would redeem £40 million of corporate bonds following strong trading in the first half of its financial year. The company said it had provided a...

Daniel Wosner, Non Executive Director, sold 15,000,000 shares in the company on the 12th August 2020 at a price of 0.850000p. The Director now holds 70,488,822 shares. Story provided by...

Jefferies International today reaffirms its buy investment rating on Premier Foods PLC (LON:PFD) and raised its price target to 100p (from 80p). Story provided by StockMarketWire.com Broker...

The FTSE 100 fell dramatically on Wednesday after the International Monetary Fund said the global economy is set to take a worse hit than expected in 2020, falling 5% in a prediction that's almost...

The FTSE 100 plunged on Wednesday as a new surge in coronavirus cases around the globe unsettled investors. Also sparking concerns were reports that the US is mulling $3.1bn worth of tariffs on...

Peel Hunt today reaffirms its buy investment rating on Premier Foods PLC (LON:PFD) and raised its price target to 90p (from 80p). Story provided by StockMarketWire.com Broker Forecasts data...

UK stocks opened lower on Wednesday as investors continued to fret about a surge in Covid-19 cases in some major hotspots, including the US and Brazil. At 0821, the benchmark FTSE 100 index was...

Mr Kipling cake and Oxo stock cubes maker Premier Foods swung to a full-year profit, after it boosted sales and its bottom line wasn't dented by asset writedowns posted in the previous year. The...

Jefferies International today reaffirms its buy investment rating on Premier Foods PLC (LON:PFD) and raised its price target to 80p (from 63p). Story provided by StockMarketWire.com Broker...

London's FTSE 100 ended Monday's trading session in positive territory despite ongoing fears about the damage the Covid-19 crisis is doing to the global economy and company earnings. European...

Jefferies International today reaffirms its buy investment rating on Premier Foods PLC (LON:PFD) and raised its price target to 63p (from 41p). Story provided by StockMarketWire.com Broker...

UK stocks traded lower on Monday as investors continued to fret about the damage the Covid-19 crisis is doing to the global economy and company earnings. At 11.30, the benchmark FTSE 100 index was...

Peel Hunt today reaffirms its buy investment rating on Premier Foods PLC (LON:PFD) and raised its price target to 80p (from 50p). Story provided by StockMarketWire.com Broker Forecasts data...

Premier Foods said its sales rose 2.6% in its fiscal third quarter, underpinned by healthy demand for its Mr. Kipling cakes. The growth in sales in the three months through December helped...

Food manufacturer Premier Foods said it had appointed Duncan Leggett as its new chief financial officer. Leggett had been serving as acting CFO since August and had been with the company since...

Jefferies International today reaffirms its buy investment rating on Premier Foods PLC (LON:PFD) and raised its price target to 52p (from 43p). Story provided by StockMarketWire.com Broker...

Peel Hunt today initiates coverage of Premier Foods PLC (LON:PFD) with a buy investment rating and price target of 50p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

UK stocks ended higher on Tuesday, with investors hoping for positive signs from an eagerly-awaited trade speech from President Trump and with the blue chip benchmark buoyed by well-received...

UK stocks traded higher on Tuesday, buoyed by positive earnings and sales updates from the likes of telecom giant Vodafone, television broadcaster ITV and Mr Kipling cakes make Premier Foods. At...

UK stocks opened higher on Tuesday, buoyed by positive earnings and sales updates from the likes of telecom giant Vodafone, television broadcaster ITV and Mr Kiplings cakes make Premier Foods. At...

Premier Foods swung to a first-half profit amid higher sales of Mr Kipling cakes and Nissin pot noodles. The company did not pay a dividend as it continued to focus on debt reduction, but...

UK stocks opened higher on Friday, in line with other European exchanges, after the US and China appeared to soften their rhetoric on trade tensions. The pound remained pressured by no-deal...

Premier Foods reported a 1.1% rise in sales during the first quarter, after growth in the UK was offset by a slide in Ireland. In the UK, sales for the 13 weeks ended 29 June rose 2.6%, while the...

Alastair Murray, Executive Director, exercised 16,906 shares in the company on the 19th June 2019 at a price of 31.94p. The Director now holds 409,784 shares. Story provided by...

UK stocks opened higher on Wednesday amid increasing expectations that central banks could start to ease monetary policy to counter global growth threats. At 0830, the benchmark FTSE 100 index was...

Non-Standard Financial dropped its hostile takeover bid for rival sub-prime lender Provident Financial after it met regulatory resistance. The Prudential Regulation Authority had assessed that the...

Jefferies International today reaffirms its buy investment rating on Premier Foods PLC (LON:PFD) and raised its price target to 43p (from 41p). Story provided by StockMarketWire.com Broker...

Premier Foods swung to a full-year loss after a modest rise in revenue was more than offset by pension charges, restructuring costs and a writedown in the value of its Sharwoods and Saxa brands....

Jefferies International today upgrades its investment rating on Premier Foods PLC (LON:PFD) to buy (from hold) and cut its price target to 41p (from 43p). Story provided by StockMarketWire.com...

Global stocks reflected a positive mood at the end of the week on news that negotiations between the US and China will be extended. The ceasefire between the two countries elapsing at the end of...

The FTSE 100 was on course for a positive end to the week and a close above 7,200 by lunchtime after a better-than-expected print on UK retail sales. At midday the index of leading UK shares was up...

UK stocks crept higher at the open on Friday after Theresa May suffered another parliamentary defeat that exposed ongoing deep rifts in her own party over Brexit. At 0851, the benchmark FTSE 100...

Premier Foods said it had terminated discussions with parties eyeing an acquisition its Ambrosia tinned custard brand, citing 'the present business climate'. A 'number' of parties had expressed an...

Food producer Premier Foods reports third quarter sales down 2.2% as a logistics programme impacted sales of Sweet Treats which fell 20.7% year-on-year. Group sales were £255.6m in the third...

Some positive corporate news was just about helping to keep the FTSE 100 in positive territory by midday but with US futures pointing to a subdued open momentum was on the wane. The index of...

UK stocks opened higher on Tuesday as hopes for a cooling in US-China trade tensions lifted exchanges throughout Europe. At 0859, the benchmark FTSE 100 was up 34.03 points, or 0.5%, at 7.087.11....

Premier Foods booked a deeper first-half loss, said its chief executive would stand down and revealed it was in discussions to sell its Ambrosia custard business. Pre-tax losses for the six months...

Alastair Murray, Executive Director, exercised 157,560 shares in the company on the 20th September 2018 at a price of 0.00p. The Director now holds 467,082 shares. Story provided by...

Alastair Murray, Executive Director, sold post-exercise 74,204 shares in the company on the 20th September 2018 at a price of 42.25p. The Director now holds 392,878 shares. NOTE: Sold to meet tax...

Premier Foods said it grew sales by 1.7% in the first quarter, while leaving its expectations for the full year unchanged. The improvement largely owed to a revamp of the company's Mr Kipling...

Societe Generale today downgrades its investment rating on Premier Foods PLC (LON:PFD) to sell (from hold) and cut its price target to 37p (from 45p). Story provided by StockMarketWire.com...

The FTSE 100 gained 0.3% to 7,732.87 after broadly encouraging UK jobs and earnings figures from the Office for National Statistics. The ONS has revealed that in the three months to March, wages...

Premier Foods, the maker of Mr Kipling cakes and Oxo stock cubes, posted a large rise in annual profit after sales growth picked up in the second half of the year. Pre-tax profit jumped 74% to...

UK stocks had a directionless open on Tuesday as weak Chinese economic data hurt Asian markets and tensions continued to rise in the Middle East. At 0857, the benchmark FTSE 100 was down 1.36...

Keith Hamill, Chairman, bought 266,666 shares in the company on the 29th March 2018 at a price of 37.40p. The Director now holds 266,666 shares. Story provided by StockMarketWire.com Director...

Gavin Darby, Chief Executive Officer, exercised 10,404 shares in the company on the 27th March 2018 at a price of 34.60p. The Director now holds 5,601,595 shares. Story provided by...

Premier Foods said sales grew by 4.0% in the third quarter, bringing year-to-date sales growth to 2.6%. Expectations for progress in the full year remained unchanged, the company added. "Our...

Premier Foods said it "regularly reviews options" following media speculation it was considering a possible sale of its Batchelors' brand to Nissin Foods Holdings. "Such reviews do periodically...

Premier Foods edged back into the black in the first-half after revenue growth improved substantially in the second quarter. The company booked a net profit of £0.3m, turning around a net loss of...

Jefferies International today reaffirms its hold investment rating on Premier Foods PLC (LON:PFD) and cut its price target to 43p (from 46p). Story provided by StockMarketWire.com

Premier Foods has signed a global partnership with Mondelez International to renew the company's licence to produce and market Cadbury branded cake and ambient dessert products. The new...

Gavin Darby, Chief Executive Officer, bought 377,855 shares in the company on the 22nd August 2017 at a price of 39.50p. The Director now holds 5,591,191 shares. Story provided by...

David Beever, Chairman, bought 200,000 shares in the company on the 22nd August 2017 at a price of 39.79p. The Director now holds 504,881 shares. Story provided by StockMarketWire.com Director...

Premier Foods (PFD) has appointed Keith Hamill OBE as non-executive chairman. Hamill currently serves as non-executive director of Easyjet and Samsonite International. He has also served as...

Shore Capital today upgrades its investment rating on Premier Foods PLC (LON:PFD) to hold (from sell). Story provided by StockMarketWire.com

Premier Foods announced sales were down 3.1% in the 13 weeks to 1 July, although this was in line with group's expectations. HIGHLIGHTS: - Delivering market share gains in Grocery and Sweet...

Premier Foods has confirmed that the Company intends to issue its first quarter trading update on 20 July. At 2:59pm: (LON:PFD) Premier Foods PLC share price was +0.88p at 40.88p Story...

Stronger oil prices pushed utility and oil companies higher on a quiet day for corporate news, but at the last minute oil prices reversed. Brent crude oil retreated 0.7% to $48.73 per barrel. SSE...

Emmanuel Macron became the new President-elect in France, but this failed to excite UK investors as the FTSE 100 was relatively flat at 7,304. Utility companies SSE (SSE) and United Utilities...

Premier Foods has signed 'Heads of Terms' for a strategic global partnership with Mondelez International to renew the company's long-standing licence to produce and market Cadbury branded cake and...

Premier Foods said sales in its Q3 were weaker than expected despite a strong December, and has warned on its FY 2016/17 trading profit. Q3 group sales were £251.4m, (1.0%) lower than the same...

Equity research analysts at Jefferies have downgraded their investment rating on Premier Foods (LON:PFD) to 'hold' from 'buy', believing there could be "choppy waters ahead" for the FTSE 250...

Jefferies International today downgrades its investment rating on Premier Foods PLC (LON:PFD) to hold (from buy) and cut its price target to 50p (from 60p). Story provided by StockMarketWire.com

Investec today reaffirms its buy investment rating on Premier Foods PLC (LON:PFD) and cut its price target to 55p (from 57p). Story provided by StockMarketWire.com

Prime Minister Theresa May's announcement that she will seek 'maximum possible access' to the single market and allow MPs to scrutinise the plan to leave the EU caused the pound to rally against...

The FTSE 100 slid 0.2% to 7,053 as the pound strengthened by over 1% against the euro and dollar, while midcaps fell 0.1% to 18,047. West Texas Intermediate (WTI) crude oil was flat at $50.80 and...

Premier Foods (PFD) shed 9.57% to 47.25p as it said Q2 total sales were £172.5m, down 5.4% on the prior year. In H1, group sales fell 1.8%, while trading profit was seen slightly down on the...

Gavin Darby, Chief Executive Officer, sold post-exercise 354,062 shares in the company on the 5th August 2016 at a price of 51.38p. The Director now holds 5,213,336 shares. Story provided by...

Gavin Darby, Chief Executive Officer, exercised 751,814 shares in the company on the 5th August 2016 at a price of 0.00p. The Director now holds 5,567,398 shares. Story provided by...

Gavin Darby, Chief Executive Officer, bought 662,058 shares in the company on the 5th August 2016 at a price of 51.36p. The Director now holds 4,815,584 shares. Story provided by...

Premier Foods said its expectations for the FY remain unchanged, and that Q1 group sales rose 1.9%, while branded sales improved 0.8%. This was the fourth consecutive quarter of sales growth. "We...

Story provided by StockMarketWire.com

Premier Foods has posted a much-reduced FY pretax loss from continuing operations of GBP13m, from a loss of GBP135.6m. The comparative period was hurt by a GBP83.9m impairment of goodwill and...

Story provided by StockMarketWire.com

Story provided by StockMarketWire.com

Jefferies International today reaffirms its buy investment rating on Premier Foods PLC (LON:PFD) and set its price target at 60p. Story provided by StockMarketWire.com

Premier Foods and Nissin Foods have entered into a Relationship Agreement whereby the latter company will have the right to appoint a non-executive director to Premier's board for so long as it...

Story provided by StockMarketWire.com

Societe Generale today reaffirms its hold investment rating on Premier Foods PLC (LON:PFD) and cut its price target to 45p (from 65p). Story provided by StockMarketWire.com

London equities campaigned to multi-month highs in a session buoyed by resources and financials as the price of crude rose and better-than-expected China export data for March pleased. Europe and...

London's top-100 stocks index zipped to 3-1/2-month highs as traders embraced rising crude prices and better-than-expected China export data for March. Resources issues flew north, with banks also...

London blue-chips campaigned up to 3-1/2-month highs, against a backcloth of Wall St and Asia overnight, and Europe this morning. Mining and oil stocks benefitted from crude's strength, chased by...

McCormick and Company said it does not intend to make an offer for Premier Foods, having completed due diligence. Premier's shares dived lower on the news. McCormick said that, after careful...

Story provided by StockMarketWire.com

Premier Foods has issued an update following its announcement last week regarding the revised proposed offer by McCormick & Company at an indicative price of 65p in cash per Premier share....

Premier Foods' board has noted the revised possible offer from McCormick & Co at 65p per share. The board believes the revised proposal continues to undervalue Premier and its prospects but it...

London equities vaulted to recent highs as value hunters bought resources majors against a backcloth of rising crude and after a dovish US Fed Reserve chair Janet Yellen last night reiterated the...

London stocks nipped firmly north on opening with miners and oil majors forming the vanguard after a dovish US Federal Reserve chair Janet Yellen last night reiterated the need for interest-rate...

McCormick & Company is making a further revised proposal to the Premier Foods' directors of 65p cash per share on the basis of receiving prompt and full engagement. McCormick said it now...

Story provided by StockMarketWire.com

McCormick & Co has accused Premier Foods' board of denying shareholders the opportunity to consider a highly attractive cash offer. McCormick & Co expressed its disappointment following...

Premier Foods notes that Nissin Food Holdings has unconditionally agreed to acquire a 17.27% shareholding in the company from an existing shareholder. The Board of Premier welcomes Nissin as a...