Corporate Operations: Page 333
-
USDA predicts rise in fruit prices
The government's latest forecast is bleaker than previous estimates, and blames both disease and weather woes for the price spike.
By Paul Conley • June 27, 2014 -
ConAgra promises better times ahead as speculation builds of spinoffs
The maker of Healthy Choice and Chef Boyardee continues to struggle, but expects a turnaround with new product launches.
By Paul Conley • June 27, 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 -
Deep Dive
Five food crops that could be affected by El Nino
Most signs point to the return of the El Nino weather pattern this year. And El Nino always points toward major disruptions in the world's food trade.
By Paul Conley • June 26, 2014 -
New York City soda ban loses final appeal
After a long fight, a judge has refused to reinstate the highly-debated ban on large sugar sweetened beverages.
By Kelsey Lindsey • June 26, 2014 -
Parmalat lawsuit against Grant Thornton is reinstated
The decision returns the suit -- which alleges the accounting firm conducted fraudulent audits -- to court, overturning an earlier ruling to dismiss the case.
By Paul Conley • June 26, 2014 -
Monsanto reports 6% drop in earnings
The world's largest seed producer also announced a $10 billion stock-buyback plan.
By Paul Conley • June 26, 2014 -
Cargill plans to deal with climate change
The global agriculture company says adaptations to some business practices could help it prosper during global warming.
By Paul Conley • June 25, 2014 -
Deep Dive
Food Trends: Get to know the millennial generation
With a population that will reach 64 million by 2020, the millennial generation already has a persuasive influence on the food industry.
By Kelsey Lindsey • June 24, 2014 -
Delhaize names new CEO of American operations
Kevin Holt takes the helm of the parent of Food Lion at a crucial time.
By Paul Conley • June 24, 2014 -
Retrieved from Nestle on February 11, 2014
Nestle opens first confectionary plant in Egypt
The company also announced it has begun construction of a plant in Dubai that will manufacture Maggi bouillon cubes.
By Paul Conley • June 24, 2014 -
Pepsi teams with Almarai to invest $345m in Egypt
The deal involves multiple initiatives, including the creation of a juice-processing facility and the building of a dairy farm.
By Paul Conley • June 23, 2014 -
Chobani selected for expansion of pilot lunch program
The company's blends will be distributed in a USDA program using Greek yogurt as a protein option for school kids.
By Paul Conley • June 23, 2014 -
Sainsbury in deal to bring Netto stores back to UK
The partnership comes as England's grocery sector is torn apart by low-cost providers Aldi and Lidl.
By Paul Conley • June 20, 2014 -
Former Hostess plant in Maine goes on sale, ending hope of a revival
Flowers Foods, which acquired the plant in its takeover of Hostess, doesn't need the facility.
By Paul Conley • June 20, 2014 -
Retrieved from Coca-Cola on June 19, 2014
Coca-Cola creates non-electric bio-cooler
The machine has implications well beyond the soft-drink industry.
By Paul Conley • June 19, 2014 -
Produce importers fret over proposed APHIS fees
The federal government wants to impose fees for fumigation.
By Paul Conley • June 19, 2014 -
ConAgra earnings fall short as private-label foods suffers
The food-processing giant also warned of more trouble ahead.
By Paul Conley • June 19, 2014 -
Instacart wins $44 million in funding for expansion
The cash infusion will help back the grocery delivery startup's planned expansion to 17 cities.
By Paul Conley • June 18, 2014 -
As speculation swirls that Coke will go private, Buffett says not a chance
Wall Street was all atwitter yesterday on speculation that Warren Buffett would lead a move to privatize Coca-Cola.
By Paul Conley • June 18, 2014 -
Deep Dive
Four lessons from British grocers
Grocery stores in the UK are going through a period of extraordinary upheaval. What can U.S. retailers learn from the challenges faced by their brothers across the pond?
By Paul Conley • June 17, 2014 -
Canadian meat packers blame worker shortage for slow production
An industry group says new requirements to hire temporary foreign workers are the primary problem.
By Paul Conley • June 17, 2014 -
Syngenta in barley deal with Anheuser-Busch InBev
The deal ties the beer maker's suppliers to seeds and procedures promoted by Syngenta.
By Paul Conley • June 17, 2014 -
US Agriculture Secretary talks food names with EU
At issue are European rules regarding "geographic indicators," which Europe uses to limit food imports.
By Paul Conley • June 17, 2014 -
Hillshire board nixes Pinnacle deal in anticipation of Tyson takeover
The widely anticipated move doesn't quite end the Hillshire and Pinnacle deal. That's going to take some cash.
By Paul Conley • June 17, 2014 -
After Hillshire loss, Pilgrim's eyes other targets
Pilgrim's CEO said regional chicken operations are likely takeover targets.
By Paul Conley • June 16, 2014