Corporate Operations: Page 341
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USDA
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 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
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 -
Keruig profit jumps on sales of K-cups and brewers
But the company warned that the present quarter may not look quite as rosy.
By Paul Conley • Aug. 8, 2014 -
Cargill profit drops 12 percent
The trading giant was hit by bad weather, transportation woes, and currency shifts.
By Paul Conley • Aug. 8, 2014 -
Chiquita net income cut nearly in half on multiple woes
The banana shipper said profit dropped 42% from a year earlier as it struggled with costs.
By Paul Conley • Aug. 8, 2014 -
BanaBay continues growth spurt with Libya deal
The fast-growing shipper of bananas and other fruit will use the deal to expand into the targeted Middle East market.
By Paul Conley • Aug. 7, 2014 -
Mondelez cuts forecast as sales drop
The global snack maker fell short of analysts' expectations and warned of trouble ahead.
By Paul Conley • Aug. 7, 2014 -
AB InBev pursues urban and Latin markets in US
The world's largest brewer is importing a new beer aimed at Hispanics, and will open a new unit to market to upscale city dwellers.
By Paul Conley • Aug. 7, 2014 -
Russia bans food imports from US
The country also banned imports from the EU in response to sanctions from Western countries.
By Paul Conley • Aug. 7, 2014
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