Corporate Operations: Page 273
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No sweet deal: Mondelez walks away from Hershey takeover possibility
Hershey's stock price dipped nearly 10% in after hours as a result.
By Carolyn Heneghan • Aug. 30, 2016 -
General Mills sued over glyphosate in Nature Valley products
Such mislabeling cases involving the "natural" term may push the FDA to speed the process of developing an official definition and labeling guidance.
By Carolyn Heneghan • Aug. 26, 2016 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Restructuring of meat giant JBS could shake up the market
Its depth of portfolio and market penetration makes the company a significant competitor for a wide range of meat providers, from Tyson Foods to Hormel.
By Carolyn Heneghan • Aug. 25, 2016 -
Sanderson Farms still bouncing back from bird flu and mixed market prices
Chicken processors are still struggling to return their exports to the demand they saw before last year's outbreak
By Carolyn Heneghan • Aug. 25, 2016 -
What Jeff Harmening could offer as CEO of General Mills
When Harmening might be ready to take the top job, or when current CEO Ken Powell might be ready to give it up, is unclear.
By Carolyn Heneghan • Aug. 25, 2016 -
EEOC files lawsuit accusing Wayne Farms of disability discrimination
The poultry processor will "actively dispute" the lawsuit, which started with a previous investigation in 2011 involving employee absenteeism and the firing of employees due to repeated unexcused absences, the company said in a statement.
By Carolyn Heneghan • Aug. 24, 2016 -
Smucker revenue dips on lower prices and pet food competition
The company reported its first revenue decline in six quarters.
By Carolyn Heneghan • Aug. 23, 2016 -
Credit Suisse: Hormel poised for profit thanks to low commodity prices
Unlike many competitors, the company is currently maintaining top-line growth to match its bottom-line benefits.
By Carolyn Heneghan • Aug. 23, 2016 -
Bakery supplier refutes claims of falsified tests and safety violations
Because of its vast customer base of retailers and foodservice distributors, any Orange Bakery products needing to be recalled could turn into a similar scenario as CRF Frozen Foods earlier this year.
By Carolyn Heneghan • Aug. 23, 2016 -
Why Coca-Cola should buy Monster
The longer Coca-Cola waits to pursue an acquisition, the more expensive Monster becomes as its stock price steadily rises.
By Carolyn Heneghan • Aug. 23, 2016 -
Why it's important for startups to maintain autonomy after acquisition
Smaller companies could risk losing the appeal that attracted consumers in the first place, particularly in terms of transparency and engagement.
By Carolyn Heneghan • Aug. 22, 2016 -
Hormel announces its commitment to cage-free eggs — effective immediately
The company is the latest to join the movement, but has made the changes already—rather than planning for five or 10 years down the line.
By Carolyn Heneghan • Aug. 22, 2016 -
Hampton Creek could be the next unicorn startup
Cofounder and CEO Josh Tetrick told employees that potential investors include a German media group and someone with "higher net worth" in Silicon Valley, someone who attended the meeting told Bloomberg.
By Carolyn Heneghan • Aug. 19, 2016 -
Nestle struggles with pricing in emerging markets
The company reaffirmed its full-year outlook for organic growth, predicting similar results to last year's 4.2% increase.
By Carolyn Heneghan • Aug. 19, 2016 -
Hormel boosts earnings forecast again after posting growth across its portfolio
Three of the company's five segments reported increases in volume, sales and earnings in the quarter.
By Carolyn Heneghan • Aug. 18, 2016 -
Deep Dive
Why accounting errors won't stop Hain takeover speculation — or 6 hungry potential buyers
Letting up on speculation of a takeover may be premature based on the facts of the case, the value the company's portfolio could provide, and the list of suitors that may be lining up.
By Carolyn Heneghan • Aug. 17, 2016 -
What is 'natural'? Post lawsuits resurface debate.
Many manufacturers are avoiding use of the term altogether until the FDA determines its final defnition.
By Carolyn Heneghan • Aug. 17, 2016 -
Hain's stock plunges after announcing delay for Q4, fiscal 2016 earnings
The company does not expect to reach its previously expected full-year guidance after identifying financial reporting issues.
By Carolyn Heneghan • Aug. 16, 2016 -
Deep Dive
A Balancing Act: 4 potential food and beverage deals on the radar
M&A deal counts have slowed so far this year, but the capital is available, interest rates are low, and multiples are still favorable for sellers.
By Carolyn Heneghan • Aug. 15, 2016 -
Hostess brings Deep Fried Twinkies to the freezer section
The company created the new product in Wal-Mart's food lab during a year-long partnership with the retailer.
By Carolyn Heneghan • Aug. 15, 2016 -
Mondelez increasing its global cookie jar with Cadbury biscuits license
Chocolate and biscuits have innovation and synergistic opportunities that the company is now better positioned to explore worldwide.
By Carolyn Heneghan • Aug. 12, 2016 -
Lawsuit over Cheerios Protein claims will go forward
The plaintiffs claim that the cereal contains a negligible amount of additional protein at 7 grams per serving because the serving size is twice as big as that of regular Cheerios, which contains 3 grams of protein per serving.
By Carolyn Heneghan • Aug. 12, 2016 -
Animal cruelty reported at Tyson farm leads to firings and new policies
The investigation into reports of animal abuse at a Virginia contract farm could result in sweeping animal welfare reforms comparable to those Perdue recently announced.
By Carolyn Heneghan • Aug. 12, 2016 -
Acquisitions help Flowers Foods sales rise
The company also disclosed in a securities filing that the Department of Labor will be performing an upcoming compliance review under the Fair Labor Standards Act.
By Carolyn Heneghan • Aug. 11, 2016 -
Deep Dive
Are QR codes a labeling problem or solution?
The answer may depend on how manufacturers can show that the pixelated boxes add value to their conversations with consumers, well beyond GMO labeling.
By Carolyn Heneghan • Aug. 11, 2016