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Natural sweetener supplier PureCircle hit a 52-week high after a new investor took a significant stake in the firm. Hong Kong outfit Wang Tak paid just over £9m for a 4.95% stake in PureCircle which specialises in stevia, a herb which can act as a non-calorific sweetener. Stevia is widely used as
Read morePureCircle, the plant-based sweetener producer, left a sour taste in investors' mouths as an exceptional charge saw interim post-tax losses almost double. Sales in the six months to the end of December advanced to $15.2m from $13.6m in the second half of 2010, but that made little difference to los
Read moreChairman of the Audit Committee at DS Smith, Jonathan Nicholls, has bought £74,366-worth of shares in the recycled packaging firm. The purchase, which saw the non-executive buy 32,309 shares at 230.17p each, comes less than two weeks after the firm launched an agreed bid for the second largest pack
Read morePureCircle, the maker of plant-based sweeteners, saw its share price rocket on Monday following the announcement that its stevia-based sweetener has been given regulatory approval by the European Union (EU). Stevia is extracted from the leaves of plants and can be used as a no-calorie alternative t
Read moreThe retailers were in demand on Thursday afternoon, defying a generally gloomy outlook for the UK consumer, after some pleasing results from giants Morrison and Home Retail Group. Supermarket chain Morrison's focus on value - and longer opening hours - helped it post sales and profits ahead of expe
Read morePlant-based sweetener maker PureCircle is expanding its European presence with the opening of a new European headquarters in London. The firm has also signed a UK distibution agreement with Prinova Europe, which provides ingredient and flavour solutions to the food, feed and wellness industries.
Read morePlant-based sweetener maker PureCircle expects a 70% rise in sales in the second-half of 2011 helped by its key beverage customers and added that it expects to be cash flow positive, reflecting a reduction in inventories and higher sales. The positive net cash flow will result in a reduction in net
Read morePlant-based sweetener-maker Pure Circle has reached a global distribution agreement with the world's biggest fragrance and flavour company Firmenich. Under the agreement Switzerland-based Firmenich will have exclusive rights over NSF-02, a flavour modifier developed by Pure Circle to be used in com
Read moreLondon looks set for a quiet end to what has been a buoyant week with City traders expecting the Footsie to open more or less unchanged. There is not much corporate news to generate enthusiasm, and with the Greek can of worms kicked further down the road, the macro-economic scene is looking placid
Read moreAs European leaders seemed to come closer to a solution to the Greek crisis, sentiment was lifted across the continent with markets finishing higher across the board. Despite a poor start, London equities got a boost in the late morning period, helping the Footsie back above the 5,700 mark. A strong
Read moreThe leading share index has hauled itself into positive territory as hopes rise that European leaders will bring the Greek debt situation to a resolution. Germany's Angela Merkel and France's Nicolas Sarkozy called on a new rescue package to be agreed upon as quickly as possible. In corporate news
Read moreShare prices continue to head south as the Greek debt crisis rumbles on. Sentiment has not been helped by comments from Alan Greenspan, former Federal Reserve chairman, who said that Greece is "almost certain" to default on its loans which would push the US economy towards recession. In corporate n
Read moreSweetener maker PureCircle said it expects to book one off costs of $10-15m in 2011 after it scaled down production and reduced inventory levels to match current demand and to improve operating cashflows. Group operating cashflows and net debt at 30 June 2011 are expected to be in line with expect
Read moreThe chairman and co-founder of Bankers Petroleum, Robert Cross, has sold half a million shares in the company for a whopping £2.75m. The Canada-based oil and gas group reported Monday that Cross sold 500,000 common shares for 549.69p each on 14 April. Last month, Bankers reported a 97% surge in oi
Read moreBG has been a star performer among the giant oil and gas companies, thanks to its stake in the huge oil finds being made offshore Brazil and its finance director has decided to take profits on his stake in the company. Barely a week goes by without any new discovery in the Santos basin, with BG's
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