Corporate Operations: Page 336
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Coca-Cola boosts stake in Keurig to 16 percent
The company invested 10% in the single-serve coffee brewing machine just three months ago.
By Paul Conley • May 13, 2014 -
Hillshire Brands to buy Pinnacle Foods in $6.6b deal
The move follows Hillshire's acquisition of Van's Natural Foods just last month.
By Kelsey Lindsey • May 12, 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 -
CA citrus moves one step closer to China
Chinese authorities have agreed to a safety protocol allowing exports from the state for the first time since April 2013.
By Paul Conley • May 12, 2014 -
Snyder's-Lance sells private label snack business to Shearer's Foods
The new owner also picks up two factories in the deal.
By Paul Conley • May 12, 2014 -
Deep Dive
Five rising food prices to keep an eye on
There seems to be no end in sight to price increases for these products.
By Paul Conley • May 9, 2014 -
Retrieved from Coca-Cola on May 09, 2014
Coca-Cola launches socially conscious bottled water brand in China
Sales of the brand support efforts to provide clean drinking water in rural provinces.
By Paul Conley • May 9, 2014 -
California table grape harvest ahead of schedule
Growers began harvesting two weeks early, promising a steady supply to the market.
By Paul Conley • May 8, 2014 -
Mondelez, D.E. Master Blenders merge coffee brands in $5b deal
The deal creates a new company that poses a significant threat to Nestle, the world's largest coffee maker.
By Paul Conley • May 8, 2014 -
Hillshire Brands warns of rising prices due to pig virus
The maker of sausages, hams, and lunch meats says its costs are rising fast because of the PED virus.
By Paul Conley • May 7, 2014 -
Deep Dive
Five surprises from recent earnings reports
Four times a year, the nation's public companies pull back the curtain and show investors their financial secrets. Here are our picks for the biggest surprises of the most recent quarter.
By Paul Conley • May 6, 2014 -
Cherries sending mixed messages as harvest nears
As the summer approaches, it's unclear how many cherries will make their way to market.
By Paul Conley • May 6, 2014 -
Sysco earnings fall on bad weather
The disappointing earnings come as the company urges regulators to allow a merger with rival US Foods.
By Paul Conley • May 6, 2014 -
Tyson stock falls on bird flu, pig virus
The meat producer announced a drop in sales triggered by PEDv and another disease in chickens.
By Paul Conley • May 6, 2014 -
Federal investigators probe futures trading by Mondelez unit
The investigation involves activities prior to the Kraft-Mondelez split in 2012.
By Paul Conley • May 5, 2014 -
Bunge shocks Wall Street with loss on bad bet
A bet that grain prices would fall proved troubling to the global trading powerhouse.
By Paul Conley • May 2, 2014 -
Pilgrim's profit soars again on cost-cutting
The poultry processor reported an 80% rise in profit despite flat sales.
By Paul Conley • May 1, 2014 -
China OKs Fonterra exports; Dannone buys New Zealand milk factories
The moves follow in the wake of the massive, global "false alarm" recall of infant formula in August 2013.
By Paul Conley • May 1, 2014 -
WH Group pulls plug on IPO plans
WH Group has decided the markets don't have the stomach for an IPO of the world's biggest pork producer.
By Paul Conley • April 30, 2014 -
Chiquita changes tune; E.U. can weigh in on merger with Fyffes
The banana giant reconsidered earlier claims regarding the merger approval.
By Paul Conley • April 30, 2014 -
Fresh Del Monte reports surge in sales, profit
Soaring sales mark quite a turnaround for the fresh fruit and vegetable company.
By Paul Conley • April 30, 2014 -
ADM misses earnings, revenue expectations
The grain processor blamed harsh winter conditions for the disappointing performance.
By Paul Conley • April 30, 2014 -
US apple, pear exports to Europe threatened by chemical ban
The E.U.'s reduction of allowable levels of DPA is bad news for exporters.
By Paul Conley • April 29, 2014 -
Hain Celestial buys Rudi's Organics in $61.3 million deal
The move follows an expansion by Rudi's to add gluten-free items.
By Paul Conley • April 29, 2014 -
Counterfeit Sunkist oranges seized in Hong Kong
Officials say the seizures in Hong Kong are the first involving counterfeit fruit.
By Paul Conley • April 28, 2014 -
Louis Dreyfus CEO steps down after only a year
The move signals a large-scale reorganization at the agricultural commodity giant.
By Paul Conley • April 28, 2014