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Nogger's Blog (Free subscription) | 06/11/2009
Tate and Lyle have announced pre-tax profits of GBP112 million in its H1 2009 results."Tate & Lyle performed slightly ahead of our expectations in the first half of the year, before the impact of exchange translation, despite challenging conditions in a number of our markets," said new CEO Javed Ahmed. Sales increased by 7% to £1.82 billion. Adjusted operating profit fell by 1%...
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Medical News Today (Free subscription) | 14/10/2009
Tate and Lyle has been fined more than a quarter of a million pounds following the death of a contractor working on one of its ships. Keith Webb, 53, died while unloading raw sugar from a ship at Tate and Lyle's sugar refinery at Factory Road, Silvertown, Newham.
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Dollars & Sense blog (Free subscription) | 24/09/2009
Second in a series of blog posts by former D&S collective member Thad Williamson, who is teaching a course on social movements at the University of Richmond, where he teaches at the Jepson School of Leadership Studies. This post is on a 2009 book on the struggles of workers at A.E. Staley Company in Decatur, Ill., starting with a lock-out in 1993. The lessons the authors draw are particularly relevant...
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market folly (Free subscription) | 22/09/2009
Philip Falcone: Slow Moving Activism in the UK This is yet another edition of our extended hedge fund portfolio tracking series where we are now tracking UK positions . Coinciding with another update later this morning, we're today focused on the holdings of Harbinger Capital Partners . Philip Falcone’s hedge fund has had two activist positions in UK companies for quite some time, owning Tate...
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Greenwich Industrial History (Free subscription) | 12/09/2009
the next meeting of Greenwich Industrial History Society is on Tuesday 15th at the Old Bakehouse, Bennet Park, as usual and will feature Mary Mills on The Hills of Greenwich - this is really about how Frank Hills became a 19th century multi-millionaire by a number of means - gas works, battleships, patents........ It seems very likely that the Syriol site (Tunnel Glucose, Tate and Lyle, Amylum, or...
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Harpymarx (Free subscription) | 24/08/2009
A friend, many many years ago, once remarked about my love of all sugary chocolaty delights that why didn’t I just buy a bag of Tate and Lyle and have done with it. Cheeky sod…I mean, sacre bleu! Just where is the finesse in that? Reducing it down to the basic ingredients….just no imagination….or creativity. It [...]
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Leah Fraser (Free subscription) | 19/08/2009
Tate and Lyle is an internationally recognised brand and a successful company with a plant in Wallasey – off Limekiln Lane in Seacombe. At the last meeting of the Council, a petition was presented signed by some local residents who are concerned about smells in the area. Cllr. Denis Knowles and I were keen to see what [...]
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Leah Fraser (Free subscription) | 12/08/2009
With so many people out helping tonight we split into two groups, I went with Cllr Denis Knowles to Limekiln Road. The biggest issue raised by residents was the ’smell’ and the ‘noise’ coming from Tate and Lyle - it’s pretty grim and we’ll be working to get something done to make life more bearable for local people. Such was the [...]
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People Daily (Free subscription) | 31/07/2009
Fiji's Sugar Corporation (FSC) managed to ship out of the country 32 million Fiji dollars (15.7 million U.S. dollars) worth of sugar on Friday, giving hope to the Pacific island country's ailing industry. The shipment for London, delayed earlier in the year, is the first this year. FSC chief executive Deo Saran said the bulk destined for the Tate and Lyle refinery would be paid next week. "Despite...
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Nogger's Blog (Free subscription) | 23/07/2009
Tate & Lyle said that it performed better than anticipated during the first quarter of it's financial year, in today's interim management statement.Profit before tax and exceptional items from continuing operations in the first quarter, after the benefit of favourable exchange translation, was in line with the comparative period and ahead of our expectations. Results have continued to benefit
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The Digerati Peninsula (Free subscription) | 15/07/2009
Something I thought about a while back was small satellite launchers (I think I was reading something about a guy who was building a rocket powered by sugar — sponsored by Tate and Lyle I seem to remember). The price for getting something into orbit is coming down as people prove they can build [...]
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Nogger's Blog (Free subscription) | 24/06/2009
Tate & Lyle's new CEO Javed Ahmed was offered a package worth up to £15 million to get him to join the board, according to the group's annual report.Lucky Ahmed will pick up a basic salary of £675k plus the potential to earna further £1 million in cash and £2 million in shares over each of the next three years.On top of that little lot, Ahmed will get £4.4 million...
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WAAY - WAAY News and Home (Free subscription) | 28/05/2009
Associated Press - May 28, 2009 8:04 AM ET MCINTOSH, Ala. (AP) - Sugar and sweeteners company Tate and Lyle PLC says it will close its Splenda plant in McIntosh.
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Jamaica Gleaner :: Business (Free subscription) | 01/05/2009
An Italian sugar company, Eridania Sadam, wants to buy Jamaica's Frome sugar factory - a facility that was once in the portfolio of the United Kingdom-based Tate and Lyle, with which Eridania has a partnership for the marketing of sugar in Italy...
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