Corporate Operations: Page 325
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Danone reports 6.9% sales growth, tops expectations
Revenue rose at the dairy giant on rising baby food sales in Asia.
By Paul Conley • Oct. 15, 2014 -
USDA
ADM acquires Specialty Commodities Inc. for $170M
SCI will be absorbed into ADM's new flavors and ingredients unit.
By Paul Conley • Oct. 14, 2014 -
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 -
Perdue to remove 'humanely raised' labels from chicken
In return for Perdue's concession, the Humane Society of the United States agreed to drop its lawsuits alleging false advertising.
By Paul Conley • Oct. 14, 2014 -
SABMiller reports falling sales volume in Asia
Sales fell short of analyst forecasts, but revenue rose on rising prices.
By Paul Conley • Oct. 14, 2014 -
Analyst: Legalized marijuana not hurting beer sales
A recent report from Wall Street says legal pot hasn't been the downer that brewers expected.
By Paul Conley • Oct. 13, 2014 -
Speculation builds around AB InBev takeover of Pepsi
The two global drink giants are business partners already, and "synergies" abound. But no deal is imminent.
By Paul Conley • Oct. 13, 2014 -
Chiquita, Fyffes win backing from Ireland's High Court
The proposed merger has cleared another regulatory hurdle, but opposition among shareholders is still the major barrier.
By Paul Conley • Oct. 13, 2014 -
Cargill sues Vittera over Australian malt deal
The agribusiness giant says that deceptive practices at the malt company has hurt its reputation.
By Paul Conley • Oct. 13, 2014 -
Dole agrees to stay in Port of Gulfport
The deal comes less than five months after rival Chiquita said it would leave the Mississippi port for the nearby Port of New Orleans.
By Paul Conley • Oct. 10, 2014 -
Mondelez hires ex-Dell executive as CFO
Brian Gladden will replace David Brearton, who will take on a new role in Mondelez's coffee venture.
By Paul Conley • Oct. 10, 2014 -
Kellogg sells Loma Linda vegetarian brands to Atlantic Natural Foods
The move also gives the marketer licensing rights to Worthington Foods' brands of meat substitutes.
By Paul Conley • Oct. 10, 2014 -
Post Holdings names new CEO amid reorganization
CFO Robert V. Vitale is being promoted, while CEO William P. Stiritz will assume the title of executive chairman.
By Paul Conley • Oct. 10, 2014 -
Monsanto reports narrower loss, warns of challenges in 2015
The St. Louis-based company also said sales of corn and soybean seeds and genetic traits rose in the most recent quarter.
By Paul Conley • Oct. 9, 2014 -
Bi-Lo to close 23 stores
The company will shutter stores in six states under its Bi-Lo and Winn-Dixie banners.
By Paul Conley • Oct. 9, 2014 -
Canada's High Liner buys US salmon importer Atlantic Trading
The purchase gives High Liner access to some of the biggest retailers in the States.
By Paul Conley • Oct. 8, 2014 -
Cargill net earnings plunge 26%
The agribusiness giant blamed falling crop prices for its woes.
By Paul Conley • Oct. 8, 2014 -
Calbee North America to build plant in Mississippi
The Japanese snack company is expanding operations in the U.S. as sales rise.
By Paul Conley • Oct. 8, 2014 -
McCormick to debut skillet sauces amid drop in US sales
The company known for its dry spices plans to expand into prepared sauces.
By Paul Conley • Oct. 7, 2014 -
SABMiller CEO says bid for Heineken 'assertive, not defensive'
The brewer said its mergers and acquisitions strategy is aimed at promoting growth, and hinted that new deals are forthcoming.
By Paul Conley • Oct. 7, 2014 -
USDA revokes special PACA privileges for Canadian produce shippers
The move comes after months of feuding between the two nations over dispute-resolution systems.
By Paul Conley • Oct. 6, 2014 -
USDA
EU clears way for Chiquita-Fyffes merger
The European regulators imposed only one restriction on shipping arrangements.
By Paul Conley • Oct. 6, 2014 -
Retrieved from General Mills on October 06, 2014
Cheerios airs ad featuring two dads and their child
General Mills has created a series of ads featuring non-traditional families, including one with two fathers sharing their adoption story.
By Paul Conley • Oct. 6, 2014 -
Judge tosses 6-state lawsuit challenging CA egg law
California's law banning the sale of eggs produced by chickens living in cramped conditions will stand.
By Paul Conley • Oct. 6, 2014 -
Constellation Brands to expand production in Mexico
The beer and liquor producer is also buying a glass plant in Mexico from AB-InBev.
By Paul Conley • Oct. 3, 2014 -
Diageo imposes management restrictions at United Spirits
The company, which took control of United Spirits in July, has revoked the ability of a previous owner to appoint an independent director to the board.
By Paul Conley • Oct. 3, 2014
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