Corporate Operations: Page 340
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Gay Lea Foods buys Hewitt's Dairy
The purchase is the latest in a series of deals involving Canadian milk producers.
By Paul Conley • Oct. 17, 2014 -
Wal-Mart cuts forecast, backs away from big-box stores
The world's largest retailer said it will cut the number of new superstores opening in the next fiscal year in half.
By Paul Conley • Oct. 16, 2014 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineGetting reformulation right: How food companies are rethinking ingredients to meet consumer demand
Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use.
By Food Dive staff -
Cocoa industry donates $600K to Ebola prevention
Fears surrounding the disease have pushed cocoa prices to their highest levels in three and a half years.
By Paul Conley • Oct. 16, 2014 -
Ingredion buys Penford in $340M deal
The deal moves Ingredion, a maker of high-fructose corn syrup, into an all-new potato starches market.
By Paul Conley • Oct. 16, 2014 -
Retrieved from Nestle on February 11, 2014
Nestle says sales are slowing
The company missed expectations in the most recent quarter, and shares fell hard in early trading.
By Paul Conley • Oct. 16, 2014 -
Diageo sales drop on poor North American performance
Sales in China also fell in the quarter, but the rate of decline is slowing.
By Paul Conley • Oct. 16, 2014 -
Supreme Court upholds California ban on foie gras
The Supreme Court's refusal to hear arguments in the case comes as a blow to producers.
By Paul Conley • Oct. 15, 2014 -
POM Wonderful returns to TV advertising
The new campaign isn't as controversial as the brand's last, which attracted the ire of the FDA.
By Paul Conley • Oct. 15, 2014 -
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 -
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
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