Robert's Feed
Nov 4, 2015
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New look M&S has incomplete designs

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 The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Marks & Spencer has fashioned big operational improvements – especially in non-food. The UK retailer increased gross margins of profitability in its main general merchandising business in the six months to Sept. 26 by 2.85 percentage points. But Chief Executive Marc Bolland needs to do more if he wants the M&S share price to perk up.

Nov 4, 2015
via Breakingviews

New look M&S has incomplete designs

Photo

 The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Marks & Spencer has fashioned big operational improvements – especially in non-food. The UK retailer increased gross margins of profitability in its main general merchandising business in the six months to Sept. 26 by 2.85 percentage points. But Chief Executive Marc Bolland needs to do more if he wants the M&S share price to perk up.

Oct 30, 2015
via Breakingviews

AB InBev enters SAB mega-deal on a solid footing

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Anheuser-Busch InBev is trying some new drinks. The usually frugal Budweiser brewer said on Oct. 30 that its operating costs are rising faster than it had previously bargained for. Happily, it also gave more encouraging guidance on revenue. This puts it on a solid footing ahead of its $105 billion agreed merger with rival SABMiller.

Oct 28, 2015
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Heineken strength justifies mega-merger abstinence

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Heineken’s green-bottle brewery is in good shape. The family controlled Dutch beer company saw sales in the third quarter of 2015 increase 8 percent year-on-year, and now top 15 billion euros. That’s better growth than recorded by SABMiller and Anheuser-Busch InBev in their latest filings. Carlsberg dropped 4 percent in its last quarter. While Heineken’s three global peers are chasing growth through change, it is sitting pretty.

Oct 13, 2015
via Breakingviews

AB InBev must change spots to make SAB deal work

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Anheuser-Busch InBev chief Carlos Brito has a fearsome reputation for cost-cutting. He will need it to justify the $104 billion AB InBev has offered for SABMiller. But the Budweiser brewer will also have to create growth to make the bid stack up.

Oct 13, 2015
via Breakingviews

AB InBev must change spots to make SAB deal work

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Anheuser-Busch InBev chief Carlos Brito has a fearsome reputation for cost-cutting. He will need it to justify the $104 billion AB InBev has offered for SABMiller. But the Budweiser brewer will also have to create growth to make the bid stack up.

Oct 9, 2015
via Breakingviews

SABMiller’s Budweiser fightback lacks punch

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

SABMiller’s promise to find $550 million of new cost savings by 2020 is paltry in the context of the $100 billion approach from AB InBev. SAB might have more powerful defences in its locker. It had better, if it wants to stay independent from the Budweiser brewer.

Oct 9, 2015
via Breakingviews

SABMiller’s Budweiser fightback lacks punch

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

SABMiller’s promise to find $550 million of new cost savings by 2020 is paltry in the context of the $100 billion approach from AB InBev. SAB might have more powerful defences in its locker. It had better, if it wants to stay independent from the Budweiser brewer.

Oct 7, 2015
via Breakingviews

Bud almost has the SAB keg tapped

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Anheuser-Busch InBev’s cash offer for SABMiller is robust. While the UK brewer has rejected the $99 billion approach from its Belgo-Brazilian peer, and has sizeable shareholder support, it is hard to fight the case for putting the two together. MegaBeer is almost here.

Oct 7, 2015
via Breakingviews

Bud almost has the SAB keg tapped

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Anheuser-Busch InBev’s cash offer for SABMiller is robust. While the UK brewer has rejected the $99 billion approach from its Belgo-Brazilian peer, and has sizeable shareholder support, it is hard to fight the case for putting the two together. MegaBeer is almost here.

    • About Robert

      "Robert is Assistant Editor of Reuters Breakingviews, based in London. He has a special focus on investment, writing about it on a global basis. Robert worked for The Times, in London, in a variety of writing and editing capacities from 1998 to 2010. For nearly 10 years he edited the newspaper’s daily Tempus investment column. He was also deputy business editor, acting business editor, a leader writer, the chief obituaries writer and a news editor in the home affairs department. Prior to joining The Times, Robert worked on The Independent and the London Evening Standard. His most recent book is ..."
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