Associated British Foods PLC (ABF.L)
27 Nov 2015
LONDON, Oct 21 EU sugar stocks are tightening, triggering expectations for up to 600,000 tonnes of imports of raw sugar into the bloc over the next year, much of it likely from Brazil, trade sources said on Wednesday.
** SocGen downgrades rating on Associated British Foods to "hold" from "buy", with brokerage pointing out that expectations of strong growth at Primark now fairly reflected in valuation
MADRID Primark opened a glitzy new flagship store in Madrid on Thursday, squarely planting the budget fashion retailer in the Spanish backyard of Zara-owner Inditex .
* Store housed in iconic building owned by rival Inditex's founder
* Shares down 1.9 percent (Adds analyst comment, share price)
LONDON, Sept 7 Associated British Foods maintained its full-year earnings forecast on Monday, with progress at Primark and at its grocery, ingredients and agriculture businesses expected to be offset by a large reduction in profit in its sugar business.
July 30 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
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* Glimmers of hope that Greece may get new debt deal (Recasts, adds detail, quotes)
LONDON, July 9 Fast-growing budget fashion retailer Primark plans to open its first shop in Italy next year, expanding into its tenth European market, owner Associated British Foods said on Thursday.
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