Hain Celestial shares drop 19% after 'truly disappointing' second quarter

The organic and natural food company's stock fell as low as $14.45 on Thursday, which Bloomberg reported was its lowest intraday price since October 2011.

By Cathy Siegner • Feb. 8, 2019

Cargill launches palm oil shortening line for baked goods

The company said PalmAgility has a smoother and creamier texture, meaning faster mixing times and better incorporation of ingredients.

By Cathy Siegner • Feb. 7, 2019

Explore the 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

Nestlé acquires rights to technology to fight iron deficiency

Ferri Pro is a protein-iron complex that uses food-grade materials to fortify food and beverages, but without negatively affecting the quality or taste.

By Cathy Siegner • Feb. 7, 2019

Carlsberg toasts rising beer sales and sustainability progress

The Danish brewer saw 2018 net revenue rise 3%, the company's first sales jump in three years, as the rest of the industry posts losses.

By Cathy Siegner • Feb. 7, 2019

Conagra cuts 100 jobs shuttering Pinnacle's Boulder office

The closure of the former Boulder Brands headquarters brings employee cuts following the $10.9 billion acquisition to 600.

By Lillianna Byington • Feb. 7, 2019

Campbell Soup drops Habit, selling its nutrition company to Viome

Financial terms were not disclosed, but the New Jersey manufacturer has been the sole investor and majority shareholder for the personalized meal planning company since it started in 2015.

By Jessi Devenyns • Feb. 7, 2019

How Bulletproof brews a transparent coffee supply chain

For the keto-friendly brand, the promise of superhuman health has to be backed up by a relentless sourcing strategy. 

By Emma Cosgrove • Feb. 7, 2019

Consumers miss their Sweethearts this Valentine's Day

After NECCO's bankruptcy sale last year, Spangler plans to relaunch the hearts in 2020, but some of the iconic confectioner's less-renowned brands may be back before that.

By Nina Sparling • Feb. 6, 2019

Grain-free tortilla startup Siete raises $90M from Stripes Group

The family-owned Mexican brand wants to be a billion-dollar company, and will use the funds to expand the reach of its products, which hit on the latest trends.

By Jessi Devenyns • Feb. 6, 2019

Unilever expands healthy snacks with Graze acquisition

The CPG giant bought the brand — which offers a variety of munchies including nuts, seeds and bars — from The Carlyle Group for an undisclosed amount.

By Lillianna Byington • Feb. 6, 2019

Report: Tyson Foods may buy Foster Farms for $2B

Sources who requested anonymity told CNBC the two protein companies have been talking about a deal, but may not be able to agree on price.

By Cathy Siegner • Feb. 6, 2019

Smokin' hot volcano-to-table protein startup attracts $33M from Danone, ADM

Sustainable Bioproducts said its fermentation technology can grow protein with high nutritional value and minimal impact on the environment.

By Cathy Siegner • Feb. 5, 2019

Bridging the food and beverage manufacturing skills gap with simulation training

Debra Schug of Simutech Multimedia said companies should use the technology to teach new workers and engage existing staff.

By Debra Schug • Feb. 5, 2019

Is corn syrup a desirable beer ingredient? AB InBev Super Bowl ad ignites debate.

In touting Bud Light for not using the ingredient — and slamming Miller Lite and Coors Light for having it — the brewer attracted pushback from competitors and a "disappointed" corn industry.

By Cathy Siegner • Feb. 5, 2019

McCormick turns to artificial intelligence to spice up product development

The Maryland company is using the technology to reduce the time it takes to create a new item by up to 70%, while increasing the likelihood that it has staying power on the market.

By Christopher Doering • Feb. 5, 2019

Perdue, Tyson and Pilgrim's Pride recall 110,000 pounds of chicken

Last week, the poultry producers pulled the nuggets because they either contained rubber or were incorrectly labeled.

By Jessi Devenyns • Feb. 4, 2019

Leftovers: Kit Kats in cone form, getting spicy with hot dates

Nestlé combines two of its hit products for a tasty frozen dessert, and Halo Top makes more vegan-friendly flavors.

By Food Dive staff • Feb. 1, 2019

Federal court blocks San Francisco's health warnings on soda advertisements

The ordinance would have required advertisements to issue a warning that consuming sugary beverages "contributes to obesity, diabetes and tooth decay." 

By Lillianna Byington • Feb. 1, 2019

MycoTechnology raises $30M to expand salt-reduction ingredient

The latest funding round for the Colorado-based food technology company saw participation from Tyson Ventures, Bunge Ventures, Kellogg's Eighteen94, Capital and Continental Grain Co.

By Cathy Siegner • Jan. 31, 2019

Olam will refocus portfolio to follow shifts in consumer preferences

The global food and agribusiness company plans to divest $1.6 billion from sugar, rubber, wood products and fertilizer, and invest $3.5 billion in nuts, grains, animal feed, cocoa and coffee.

By Cathy Siegner • Jan. 31, 2019

Blue Apron introduces new retail line on Jet

The embattled company will offer a meal kit that bundles sauces, grains, spices and a recipe that shoppers then pair with retailer produce or protein.

By Jeff Wells • Jan. 31, 2019

Hershey posts sales gain in Q4, but misses expectations

The chocolate and snacking powerhouse showed strong improvement in sales and earnings, boosted by acquisitions, including Pirate Brands. 

By Jessi Devenyns • Jan. 31, 2019

Diageo sales jump 5.8% and share buyback skyrockets stock

The boost was largely attributed to stronger demand from China and India, but North America net sales increased 6%. 

By Lillianna Byington • Jan. 31, 2019

Mondelez focuses on international markets as US growth lags

The global snacking giant said net revenues for 2018 rose 0.2% to $25.9 billion, and annual gross profit increased 3%, or $318 million.

By Megan Poinski • Jan. 31, 2019

AB InBev partners with gene-editing company for more sustainable barley

The beer giant plans to use technology from Benson Hill Biosystems, as well as traditional breeding methods, to develop higher-yielding varieties that consume less water and other natural resources.

By Cathy Siegner • Jan. 31, 2019