Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Tate & Lyle (TATE) yesterday reported first-half pretax profit £130m and a bullish outlook for the second half. Strong sales in Speciality Food Ingredients and growth in emerging markets should support the share price going forward. The company has a good track record when it comes to delivering earnings and dividend in line or above expectations.
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