Corporate Operations: Page
-
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 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
Check out a selection of articles about some of the biggest trends and news — from McCormick’s reformulation strategy to the impact of GLP-1s — shaping the food industry in 2026.
By Food Dive staff -
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 -
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 -
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