Corporate Operations: Page 303
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Snyder's-Lance to buy Diamond Foods for $1.91B
The acquisition agreement follows a report that Kellogg was in talks to purchase the company.
By David Oliver • Oct. 28, 2015 -
SABMiller, AB InBev receive deadline extension to finalize takeover bid
The companies already received a two-week deadline extension.
By Carolyn Heneghan • Oct. 28, 2015 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineGetting reformulation right: How food companies are rethinking ingredients to meet consumer demand
Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use.
By Food Dive staff -
Campbell Soup CEO: Being an iconic food company 'a blessing and a curse'
In a Fortune piece, CEO Denise Morrison outlined the challenges facing iconic food companies like Campbell today, including evolving consumer preferences and industry pressures to adapt quickly to change.
By Carolyn Heneghan • Oct. 28, 2015 -
Monsanto to cut 90 jobs, close 3 R&D facilities
These cuts come following a restructuring and cost-cutting announcement earlier this month.
By Carolyn Heneghan • Oct. 27, 2015 -
Smucker expands plant to increase Uncrustables capacity
The product has only a 6% household penetration, but volumes have grown in the double-digits for 14 consecutive quarters.
By Carolyn Heneghan • Oct. 27, 2015 -
M&A not slowing down despite global economy: survey
According to a survey, 59% of global companies are anticipating a deal over the next year.
By David Oliver • Oct. 26, 2015 -
Deep Dive
By the numbers: A dive into food, beverage manufacturing wages
The average hourly wage for food manufacturing workers rose $0.75 in the year leading up to September 2015 based on preliminary results, but that rate is still lower than much of the manufacturing sector.
By Carolyn Heneghan • Oct. 26, 2015 -
Monsanto receives USDA approval for new GMO corn
The company is still waiting on EPA and FDA reviews.
By Carolyn Heneghan • Oct. 26, 2015 -
Rumors of $1B merger with Kellogg send Diamond stock surging
The New York Post reported late-stage talks between the companies regarding an acqusition.
By David Oliver • Oct. 23, 2015 -
ConAgra in talks to sell Ralcorp to TreeHouse: Reuters
The deal could fall through, Reuters' sources say. ConAgra announcing the planned divestment in June.
By Carolyn Heneghan • Oct. 23, 2015 -
Nestle requests bumped up security for upcoming trial: Bloomberg
The company has had issues in the past with people who "take advantage of the opportunity of the hearing to create trouble," Nestle's lawyer said in a letter to the judge.
By Carolyn Heneghan • Oct. 23, 2015 -
Hormel promotes Snee to COO, president
Jim Snee will replace CEO Jeff Ettinger as president effective Oct. 26.
By Carolyn Heneghan • Oct. 23, 2015 -
ADM adds to specialty proteins department
This new addition is Superb, a soybean-made functional ingredient.
By David Oliver • Oct. 22, 2015 -
General Mills makes VC play to invest in food startups
The company's 301 Inc. is shifting strategy from developing brands in-house to putting money in startups.
By David Oliver • Oct. 22, 2015 -
Deep Dive
Food fight: Coca-Cola vs. PepsiCo
This new occasional series will examine competing companies to show areas of strength and weakness.
By David Oliver • Oct. 22, 2015 -
Pernod Ricard reports sales growth across the board
This could be worrisome for spirits giant Diageo, which has seen falling volumes in the U.S.
By Carolyn Heneghan • Oct. 22, 2015 -
Dr Pepper Snapple year-to-date, quarterly net sales jump 3%
Like other beverage companies, DPS saw higher growth in noncarbonated beverages than carbonated beverages.
By Carolyn Heneghan • Oct. 22, 2015 -
Senators planning AB InBev, SABMiller antitrust hearing
The scrutiny is no surprise — and this isn't the only country that's going to see it.
By David Oliver • Oct. 21, 2015 -
Syngenta CEO Mike Mack exits
The company is feeling the pressure following its failed merger with Monsanto.
By Carolyn Heneghan • Oct. 21, 2015 -
Coca-Cola: Revenue falls despite rising volumes
Foreign currency headwinds hurt company revenues, though volumes rose, particularly for noncarbonated beverages.
By Carolyn Heneghan • Oct. 21, 2015 -
UPDATE: American Egg Board CEO steps down
Joanne Ivy was set to retire Dec. 31 but instead did so at the end of last month. The USDA is looking into the organization and its moves involving Hampton Creek.
By Carolyn Heneghan • Oct. 21, 2015 -
Smaller companies seeking tactics from industry vets
Can smaller companies take the advice of industry veterans without losing consumer appeal?
By Carolyn Heneghan • Oct. 21, 2015 -
Hershey's Kisses Deluxe to tap premium chocolate market
The company's new product is the biggest innovation for Hershey's Kisses in the past 25 years, since Hershey added almonds to its iconic chocolate.
By Carolyn Heneghan • Oct. 20, 2015 -
Coca-Cola dives into Snapchat marketing
While 60% to 70% of Snapchat users tend to turn off an ad just three seconds in, Coca-Cola found a way to hook consumers for full 10-second spots at a completion rate of 54%.
By Carolyn Heneghan • Oct. 20, 2015 -
Deep Dive
Trends in trying, buying new products 'more based on an individual'
The failure rate for food and beverage product launches sits at about 60% to 80%.
By Carolyn Heneghan • Oct. 19, 2015