Corporate Operations: Page 342
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Retrieved from Nestle on February 11, 2014
Nestle announces $8.8 billion share buyback
The buyback comes despite a drop in profit for the first half.
By Paul Conley • Aug. 7, 2014 -
Coca-Cola to invest additional $5 billion in Africa
The investment was announced during the US-Africa Summit happening this week.
By Paul Conley • Aug. 6, 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 -
Guinness to sell American-style lager brewed in Pennsylvania
The maker of Ireland's leading stout will start selling something lighter here in America.
By Paul Conley • Aug. 5, 2014 -
United Spirits delays earnings for third time as investor concern rises
At issue are concerns by the distiller's audit committee that the numbers just don't add up.
By Paul Conley • Aug. 5, 2014 -
WH Group's Hong Kong trading debut a hit
Shares in the world's largest pork processor rose in its second attempt at a listing.
By Paul Conley • Aug. 5, 2014 -
Treasury Wine receives new $3.2 billion bid from KKR, Rhone
The Australian winemaker previously rejected an earlier bid from the American private equity firms.
By Paul Conley • Aug. 4, 2014 -
Bunge sees 8.4% surge in revenue
The giant agriculture trader benefited from a record soybean crop in Latin America.
By Paul Conley • Aug. 1, 2014 -
Kellogg reports drop in profit, trims forecast
The world's largest cereal maker continues to struggle with consumers' changing tastes.
By Paul Conley • Aug. 1, 2014 -
Deep Dive
Crop forecasts point toward low costs for food processors
The USDA expects massive harvests this year for major commodity crops in the U.S. That could spell good news for processors.
By Paul Conley • July 31, 2014 -
Canadian greenhouse execs charged with selling mislabeled produce
Officials allege Mucci Farms defrauded three retailers by selling Mexican produce as Canadian-grown.
By Paul Conley • July 31, 2014 -
Diageo reports tepid growth on emerging markets slowdown
The world's largest distiller put much of the blame on a sales decline in China.
By Paul Conley • July 31, 2014 -
AB InBev scores profit rise on World Cup sales
The brewer reported a surge in second-quarter earnings as World Cup-related sales soared.
By Paul Conley • July 31, 2014 -
Fresh Del Monte profit rises as sales jump
Revenue from banana sales rose despite global competition and a glut in production.
By Paul Conley • July 30, 2014 -
Brooklyn Brewery may build $70 million plant on Staten Island
The craft brewer is looking at a site outside of the borough that gave it its name and cachet.
By Paul Conley • July 30, 2014 -
Deep Dive
Four food brands that would make a Westerner nostalgic
In the second in our series on great regional brands, we look at some of the best food and drinks available west of the Mississippi.
By Paul Conley • July 28, 2014 -
Tyson to sell poultry operations in Mexico, Brazil for $575 million
The company plans to use the proceeds to pay down debt from its takeover of Hillshire Brands.
By Paul Conley • July 28, 2014 -
Molson Coors CEO Peter Swinburn to retire
The head of the brewer's European operations will take the helm.
By Paul Conley • July 28, 2014 -
Friday Flavors: Cake in a can and the 9,000 calorie diet
This week, we look at a new kind of dinner party and the gargantuan diets of Tour de France participants.
By Kelsey Lindsey • July 25, 2014 -
SodaStream shares jump following report of possible sale
The maker of countertop soda machines is said to be in talks with an investment group.
By Paul Conley • July 25, 2014 -
Danone reports profit drop on continuing fallout in Asia
The French company said last year's false-alarm recall of baby formula in Asia continues to play havoc with earnings.
By Paul Conley • July 25, 2014 -
Agropur buys dairy assets of Davisco, doubling US presence
The Canadian dairy cooperative and its related companies have been on an acquisition binge of late.
By Paul Conley • July 24, 2014 -
Unilever sales fall short of expectations, pushed lower by food division
The food and personal care powerhouse blamed slowdowns in Asia and continuing troubles for its food brands for the poor performance.
By Paul Conley • July 24, 2014 -
SABMiller reports rise in sales volume, revenue
North American sales got a boost from the company's Redd's Ales brands.
By Paul Conley • July 24, 2014 -
PepsiCo earnings drop slightly, beat expectations
The company's cost-cutting initiatives helped reduce a decline in net income.
By Paul Conley • July 23, 2014 -
Coca-Cola reports drop in profit, revenue as Diet Coke sags
Despite the drop, sales of traditional Coke rose in North America.
By Paul Conley • July 23, 2014
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