Corporate Operations: Page 343
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Unilever reports sales drop, cites currency woes
The global consumer-products giant was hurt by currency devaluations in emerging markets.
By Paul Conley • April 24, 2014 -
Chobani takes $750 million loan, eyes an IPO
The Greek-style yogurt maker will use the funds to expand overseas and add products.
By Paul Conley • April 24, 2014 -
Explore the Trendline➔
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TrendlineHow AI is transforming the food and beverage industry
Companies are leaning on the technology across nearly all parts of their operations, from marketing to product design.
By Food Dive staff -
ConAgra sells Medallion Foods for $33.5 million
The tortilla and corn chips unit was acquired by rival Shearer’s Foods.
By Paul Conley • April 23, 2014 -
Heinz will not release how many workers took buyout
The ketchup maker isn’t saying how many of its hometown employees are leaving.
By Paul Conley • April 23, 2014 -
Aldi to build distribution center near Houston
The German grocer continues its massive expansion in the U.S.
By Paul Conley • April 22, 2014 -
Hillshire Brands buys Van's Natural Foods for $165 million
The purchase is a major departure for the maker of Jimmy Dean sausages and Ball Park franks.
By Paul Conley • April 22, 2014 -
Post to buy Michael Foods in $2.45 billion deal
The move is the latest in a series of acquisitions by Post as it seeks to diversify away from the cereal sector.
By Paul Conley • April 21, 2014 -
PepsiCo 1Q earnings, revenue beat expectations
Cost-cutting and snack sales pushed profits 13% higher in the first quarter.
By Paul Conley • April 17, 2014 -
Diageo reports 1.3% sales drop, cites emerging-markets woes
The world's largest distiller said sales volumes were slowed in Russia, South Africa, Southeast Asia, and China.
By Paul Conley • April 17, 2014 -
SodaStream in talks to sell stake, report says
Possible suitors for the make-at-home soda machine company reportedly include PepsiCo and Starbucks.
By Paul Conley • April 17, 2014 -
Danone says sales fell in first quarter
The dairy giant cited currency woes and higher milk prices as chief causes for the drop.
By Paul Conley • April 16, 2014 -
BanaBay enters US market for pineapples
BanaBay, an importer of Ecuadorian bananas, is making a substantial push into the pineapple business.
By Paul Conley • April 15, 2014 -
Retrieved from Nestle on February 11, 2014
Nestle sales fall 5.1% in recent quarter
Weather and slow growth contributed to declining sales for the world's largest food company.
By Paul Conley • April 15, 2014 -
Diageo bids $1.9 billion for India's United Spirits
The maker of Bulleit Bourbon and Johnnie Walker Scotch is willing to pay handsomely for the Indian distillery.
By Paul Conley • April 15, 2014 -
Two major bidders for Michael Foods
Goldman Sachs will have to choose between the bids of Tyson and Post for Michael Foods in a near $2.5 billion sale.
By Ariella Brown • April 13, 2014 -
Swiss chocolate maker acquires SweetWorks
Chocolat Frey, the Swiss chocolate manufacturer, seeks to expand its North American presence.
By Ariella Brown • April 10, 2014 -
Wal-Mart teams up with Wild Oats to offer organic groceries
The new food will cost 25% less than other national organic brands with the goal to make organic eating more affordable.
By Ariella Brown • April 10, 2014 -
Coca-Cola launches Vitaminwater Energy
Coke seems to be responding to a number of new beverage industry trends with this offering.
By Ariella Brown • April 10, 2014 -
Sankaty Advisors buy kosher brand Manischewitz
Matzo and macaroons go mainstream, using kosher branding as a mark of quality.
By Ariella Brown • April 9, 2014 -
Carlsberg steps into the hard drinks market
Carlsberg offers a hard lemon drink to appeal to drinkers looking for a transition from beer to hard alcohol.
By Ariella Brown • April 9, 2014 -
Some airlines leaving off pricey limes
For some, the onboard drinks just aren't the same without that green slice, but airlines must adjust to their rising price.
By Ariella Brown • April 8, 2014 -
The FDA offers guidelines for labeling honey
It may be sweet as honey, but if the product contains other ingredients, the FDA says it should be called another name.
By Ariella Brown • April 8, 2014 -
New design for coffee and tea brewing, sans machine
Quikstix is a biodegradable tube that delivers coffee or tea (and the cream and sugar) anywhere hot water is available.
By Ariella Brown • April 8, 2014 -
American cheese exports hit record highs thanks to Asian demand
The rising demand, particularly in South Korea, really boosts business for American cheese producers.
By Ariella Brown • April 7, 2014 -
Organic Valley sales approach the $1 billion mark
Organic Valley reports healthy growth for sales that grew 8.5% last year.
By Ariella Brown • April 6, 2014
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