Corporate Operations: Page 347
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Coke pays $2.15B for stake in Monster
The investment gives Coke a 16.7% stake in the energy drink maker.
By Paul Conley • Aug. 15, 2014 -
Chiquita rejects takeover bid from Safra, Cutrale
The banana shipper said it will proceed with the planned acquisition of Ireland's Fyffes.
By Paul Conley • Aug. 15, 2014 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
JBS profit plummets despite rise in revenue
Problems with hedges and a one-time payment on bonds pushed profit down by 25%.
By Paul Conley • Aug. 15, 2014 -
Hillshire Brands' revenue soars 11 percent
It was a stellar quarter for the company as it prepares to merge with Tyson Foods.
By Paul Conley • Aug. 14, 2014 -
Wal-Mart lowers expectations as same-store sales slow
The retailer's earnings for the quarter met expectations, but backtracked on earlier optimism.
By Paul Conley • Aug. 14, 2014 -
Whitsons Culinary Group wins new contract with Boston Public Schools
The New-York based company will also resume a pilot program to bring salad bars to schools.
By Paul Conley • Aug. 13, 2014 -
Justice Department asks Tyson, Hillshire for information on deal
The antitrust division wants additional information before it will approve Tyson's $7.7 billion offer for Hillshire.
By Paul Conley • Aug. 13, 2014 -
Heinz sales drop 4% while profit rises
The company is selling less, but made a profit after cost-cutting efforts.
By Paul Conley • Aug. 13, 2014 -
Chiquita stock soars following unsolicited takeover bid
The offer from Cutrale Group and Safra Group would derail a planned merger with Fyffes.
By Paul Conley • Aug. 12, 2014 -
Lifeway plans first national ad campaign as it expands to Canada
The maker of fermented milk products looks to continue its recent growth surge.
By Paul Conley • Aug. 11, 2014 -
Pepsi's interest in cashew fruit boosting crop prices
The company is betting that cashew apples can be used to produce the next trendy drink.
By Paul Conley • Aug. 11, 2014 -
Keruig profit jumps on sales of K-cups and brewers
But the company warned that the present quarter may not look quite as rosy.
By Paul Conley • Aug. 8, 2014 -
Cargill profit drops 12 percent
The trading giant was hit by bad weather, transportation woes, and currency shifts.
By Paul Conley • Aug. 8, 2014 -
Chiquita net income cut nearly in half on multiple woes
The banana shipper said profit dropped 42% from a year earlier as it struggled with costs.
By Paul Conley • Aug. 8, 2014 -
BanaBay continues growth spurt with Libya deal
The fast-growing shipper of bananas and other fruit will use the deal to expand into the targeted Middle East market.
By Paul Conley • Aug. 7, 2014 -
Mondelez cuts forecast as sales drop
The global snack maker fell short of analysts' expectations and warned of trouble ahead.
By Paul Conley • Aug. 7, 2014 -
AB InBev pursues urban and Latin markets in US
The world's largest brewer is importing a new beer aimed at Hispanics, and will open a new unit to market to upscale city dwellers.
By Paul Conley • Aug. 7, 2014 -
Russia bans food imports from US
The country also banned imports from the EU in response to sanctions from Western countries.
By Paul Conley • Aug. 7, 2014 -
Retrieved from Nestle on February 11, 2014
Nestle announces $8.8 billion share buyback
The buyback comes despite a drop in profit for the first half.
By Paul Conley • Aug. 7, 2014 -
Coca-Cola to invest additional $5 billion in Africa
The investment was announced during the US-Africa Summit happening this week.
By Paul Conley • Aug. 6, 2014 -
Guinness to sell American-style lager brewed in Pennsylvania
The maker of Ireland's leading stout will start selling something lighter here in America.
By Paul Conley • Aug. 5, 2014 -
United Spirits delays earnings for third time as investor concern rises
At issue are concerns by the distiller's audit committee that the numbers just don't add up.
By Paul Conley • Aug. 5, 2014 -
WH Group's Hong Kong trading debut a hit
Shares in the world's largest pork processor rose in its second attempt at a listing.
By Paul Conley • Aug. 5, 2014 -
Treasury Wine receives new $3.2 billion bid from KKR, Rhone
The Australian winemaker previously rejected an earlier bid from the American private equity firms.
By Paul Conley • Aug. 4, 2014 -
Bunge sees 8.4% surge in revenue
The giant agriculture trader benefited from a record soybean crop in Latin America.
By Paul Conley • Aug. 1, 2014
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