Corporate Operations: Page 314
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Could Mike's Hard Lemonade be for the taking?
The potential sale could possibly be of $1 billion value or more.
By David Oliver • Feb. 6, 2015 -
UPDATED: General Mills-Food Babe scuffle a 'he said, she said,' what did Kellogg say?
The Food Babe has seen some controversy in the food industry.
By David Oliver , Carolyn Heneghan • Feb. 6, 2015 -
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 -
Coca-Cola boasts 20 billion-dollar brands with three new additions
The additional brands include Fuze Tea, Gold Peak, and I Lohas.
By Carolyn Heneghan • Feb. 6, 2015 -
Proposed beer bill could reduce excise tax, faces competition
The Fair BEER Act aims to reduce federal excise tax, which, combined with state excise taxes, currently amounts to about four cents of each dollar that goes to beer.
By Carolyn Heneghan • Feb. 6, 2015 -
Deep Dive
How food companies adapt to the gluten-free movement
Don't expect gluten-free products to go away anytime soon.
By Carolyn Heneghan • Feb. 5, 2015 -
Will Kellogg close a cereal plant over disputed contract?
The union must receive at least two months' notice from Kellogg about any plant closures, as per the master contract in place.
By Carolyn Heneghan • Feb. 5, 2015 -
Diamond Foods takes 51% stake in Yellow Chips
Diamond Foods is looking to make its mark in the European vegetable chip space.
By David Oliver • Feb. 4, 2015 -
Hain Celestial eyes net sales uptick, annual net sales prediction dips
Hain Celestial hit a record net sales of $696.4 million in Q2.
By Carolyn Heneghan • Feb. 4, 2015 -
Coca-Cola's Fairlife: A gem in its healthy drinks portfolio?
Coca-Cola believes that people will pay double the price of traditional milk for its premium product, according to the Associated Press.
By Carolyn Heneghan • Feb. 4, 2015 -
Syngenta reports sales, income boosts, looks to emerging markets
This comes off earlier Syngenta news this week regarding Cargill allowing Syngenta's GMO corn to be sold.
By Carolyn Heneghan • Feb. 4, 2015 -
Smucker to take a bite out of the pet food business
Big Heart Pet Brands includes ones like Meow Mix, Milk-Bone, Kibbles 'n Bits, and 9Lives.
By Carolyn Heneghan • Feb. 4, 2015 -
Sysco on the money for Q2 2015 earnings, closer to merger?
Volume growth, counting acquisitions, pumped up Sysco's sales boost.
By Carolyn Heneghan • Feb. 3, 2015 -
ADM earnings above expectations
Net earnings were $701 million in the quarter.
By Carolyn Heneghan • Feb. 3, 2015 -
Sysco, US Foods could divest 11 facilities in potential merger
Sysco and US Foods are the first and second-largest food distributors in the U.S.
By Carolyn Heneghan • Feb. 2, 2015 -
Getting Kraft-y with high-protein cream cheese patent
Cream cheese made with these compositions could contain "at least double the protein compared with conventional products...and no more than circa. 14% fat," according to Dairy Reporter.
By Carolyn Heneghan • Feb. 1, 2015 -
Albertsons and Safeway merger all set
The new operation will have 2,230 stores and more than 250,000 employees.
By David Oliver • Jan. 30, 2015 -
Tyson Foods surpasses estimates with sales boom
The packaged foods sector in particular saw a hefty sales bump.
By David Oliver • Jan. 30, 2015 -
Kellogg shutters another plant, this time Charmhaven in Australia
Kellogg's Charmhaven plant in Australia had operated for 14 years and employed about 100 workers.
By Carolyn Heneghan • Jan. 30, 2015 -
After recall, U.S. apple imports banned or held up in parts of Asia
Vietnam has opted for holding and testing apples in lieu of a complete ban, according to The Packer.
By Carolyn Heneghan • Jan. 30, 2015 -
Hershey slashes outlook, delving into meat snacks
Chocolate sales slumped in Hershey's fourth quarter due to increased meat and bakery snack demand, reports Reuters.
By David Oliver • Jan. 29, 2015 -
Could financial incentives keep this Pillsbury plant alive?
Closing the New Albany Pillsbury plant could cost more than 400 jobs.
By Carolyn Heneghan • Jan. 29, 2015 -
Coca-Cola Canada decreases sweetness, provides smaller packaging
The new Coca-Cola Canada serving size will feature 8% fewer calories.
By Carolyn Heneghan • Jan. 28, 2015 -
McCormick seasons sales uptick
McCormick saw increases in both sales and adjusted earnings per share.
By Carolyn Heneghan • Jan. 28, 2015 -
Tyson updates Georgia plant for fresh tray-pack chicken
Tyson estimates that it will finish work on the Vienna, GA, plant in mid-2015.
By Carolyn Heneghan • Jan. 28, 2015 -
More US apple varieties now admissible in China
China stopped importing U.S. apples in 2012 due to fungus worries.
By Carolyn Heneghan • Jan. 27, 2015