Tate Turning Sour As It Warns of Letdown ; Consumer [Edition 2]
Evening Standard - London › February 10, 2009
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Summary
SHARES in sugar and sweeteners giant Tate & Lyle fell 16 1/4p to 336 1/4p today after it warned that its profits will not grow at all in the year to the end of March.
The group said that since it last reported to the stock market in November, its US business, which accounts for around two-thirds of profits, had been hit by customers for its sweeteners like Splenda cutting back on stocks during November and December.See the full content of this document
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Tate Turning Sour As It Warns of Letdown ; Consumer [Edition 2]
It was also hit by the collapse ...
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