Corporate Operations: Page 329
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Cargill claims former exec stole trade secrets
The ag trader says an employee swiped hundreds of documents related to meat processing before joining rival JBS.
By Paul Conley • Aug. 25, 2014 -
Study links instant noodles to health risks
Research from Baylor University shows that ramen consumption is tied to metabolic syndrome in some female South Koreans.
By Paul Conley • Aug. 22, 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 -
Hain Celestial sees record sales year
The maker of organic and natural brands also said it expects revenue for 2015 to be higher than analysts' estimates.
By Paul Conley • Aug. 22, 2014 -
Smucker's earnings hurt by coffee expenses
The maker of Folgers said U.S. coffee sales fell 2% in the most recent quarter.
By Paul Conley • Aug. 22, 2014 -
Deep Dive
The next stage of the tequila business
Tequila has experienced a renaissance of sorts in North America, attracting celebrity investors and seeing a growth of high-end spirits in recent years.
By Paul Conley • Aug. 21, 2014 -
Retrieved from Nestle on February 11, 2014
Nestle to push for humane treatment of animals in supply chain
The global food giant is banning gestation crates and other controversial practices.
By Paul Conley • Aug. 21, 2014 -
Royal Ahold profit plunges 29% on US woes
The company behind Stop & Shop and other grocery chains saw its U.S. market share decline.
By Paul Conley • Aug. 21, 2014 -
Bunge plans large grain exporting facility in Australia
The new east coast facility will boost competition for rival Australian agribusiness GrainCorp.
By Paul Conley • Aug. 20, 2014 -
Carlsberg, Heineken warn of trouble ahead for beer sales
Russia's ban on imports is expected to hurt revenue for the rival brewers, particularly for Carlsberg.
By Paul Conley • Aug. 20, 2014 -
Bacardi's North American boss steps down
Robert Furniss-Roe was a 26-year veteran of the rum maker, running operations in North America since 2011.
By Paul Conley • Aug. 19, 2014 -
Campbell to shutter Plum Baby UK
The move is a dramatic retreat from Campbell's earlier plan to unite the UK brand with U.S.-based Plum Organics.
By Paul Conley • Aug. 19, 2014 -
Washington state apple harvest expected to break records
Washington growers have started packing fruit following a remarkable growing season. And the harvest in Michigan, which is also expected to break records, is just weeks away.
By Paul Conley • Aug. 19, 2014 -
Safra, Cutrale call for proxy fight for Chiquita
Preliminary documents have been filed that suggest a takeover battle between the two companies and Fyffes.
By Paul Conley • Aug. 18, 2014 -
China bans pork imports from some US processors
China has banned pork imports from U.S. facilities that use ractopamine, a controversial feed additive.
By Paul Conley • Aug. 18, 2014 -
Coke pays $2.15B for stake in Monster
The investment gives Coke a 16.7% stake in the energy drink maker.
By Paul Conley • Aug. 15, 2014 -
Chiquita rejects takeover bid from Safra, Cutrale
The banana shipper said it will proceed with the planned acquisition of Ireland's Fyffes.
By Paul Conley • Aug. 15, 2014 -
JBS profit plummets despite rise in revenue
Problems with hedges and a one-time payment on bonds pushed profit down by 25%.
By Paul Conley • Aug. 15, 2014 -
Hillshire Brands' revenue soars 11 percent
It was a stellar quarter for the company as it prepares to merge with Tyson Foods.
By Paul Conley • Aug. 14, 2014 -
Wal-Mart lowers expectations as same-store sales slow
The retailer's earnings for the quarter met expectations, but backtracked on earlier optimism.
By Paul Conley • Aug. 14, 2014 -
Whitsons Culinary Group wins new contract with Boston Public Schools
The New-York based company will also resume a pilot program to bring salad bars to schools.
By Paul Conley • Aug. 13, 2014 -
Justice Department asks Tyson, Hillshire for information on deal
The antitrust division wants additional information before it will approve Tyson's $7.7 billion offer for Hillshire.
By Paul Conley • Aug. 13, 2014 -
Heinz sales drop 4% while profit rises
The company is selling less, but made a profit after cost-cutting efforts.
By Paul Conley • Aug. 13, 2014 -
Chiquita stock soars following unsolicited takeover bid
The offer from Cutrale Group and Safra Group would derail a planned merger with Fyffes.
By Paul Conley • Aug. 12, 2014 -
Lifeway plans first national ad campaign as it expands to Canada
The maker of fermented milk products looks to continue its recent growth surge.
By Paul Conley • Aug. 11, 2014 -
Pepsi's interest in cashew fruit boosting crop prices
The company is betting that cashew apples can be used to produce the next trendy drink.
By Paul Conley • Aug. 11, 2014