Corporate Operations: Page 319
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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 -
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 -
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 -
Albertsons and Safeway cleared for merger by FTC
It appears it's only a matter of days before this long-awaited merger is finished.
By David Oliver • Jan. 27, 2015 -
PepsiCo will release stevia-based Pepsi True in three cities
Compared to a typical Pepsi cola, Pepsi True contains 40% fewer calories, according to The Wall Street Journal.
By Carolyn Heneghan • Jan. 26, 2015 -
Kellogg's eyes East Africa, Kenya for expansion
Kenya is East Africa's largest economy.
By Carolyn Heneghan • Jan. 26, 2015 -
Heinz's Dip & Squeeze battle may face trial
Heinz calls the lawsuit "groundless," as reported by Food Navigator-USA.
By Carolyn Heneghan • Jan. 26, 2015 -
Clif Bar joins savory energy snacks movement
Some energy snacks companies are beginning to mix natural flavors with flavors like meat, vegetables, and nontraditional seasonings.
By Carolyn Heneghan • Jan. 26, 2015 -
MOM Brands to be sold to Post
MOM Brands is the fourth-largest cereal company in the U.S.
By Carolyn Heneghan • Jan. 26, 2015 -
Chiquita announces two new top executives
Last Chiquita's head of bananas and pineapples in North America, Chris Dugan's fate with the company remains unknown, according to The Packer.
By Carolyn Heneghan • Jan. 25, 2015