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Food and Beverage Food Products

  • *China in throes of worst-ever bird flu outbreak. BEIJING, Feb 24- With many poultry markets closed in the wake of China's worst-ever bird flu outbreak, local egg producers are being forced to shell out to feed and water chickens long after they would normally have been killed and sold for meat. That is piling pressure on producers already grappling with tanking...

  • PARSIPPANY, N.J. _ B&G Foods Inc. on Thursday reported fourth-quarter net income of $13.6 million. B&G Foods expects full-year earnings in the range of $2.13 to $2.27 per share, with revenue in the range of $1.64 billion to $1.68 billion. B&G Foods shares have climbed 7 percent since the beginning of the year.

  • NEW YORK— Coke says it supports the World Health Organization's guidelines for limiting added sugar, as the company works on repairing its image in public health circles and reshaping its business. Incoming CEO James Quincey also said the company has "outgrown" its namesake cola and is focusing on becoming a "total beverage company." Coca-Cola Co., based in...

  • LAUREL, Miss. _ Sanderson Farms Inc. on Thursday reported fiscal first-quarter profit of $23.2 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share. Sanderson Farms shares have decreased roughly 1 percent since the beginning of the year.

  • *Follows rejection of $143 bln Kraft takeover bid. LONDON, Feb 22- Unilever sought to show shareholders it can go it alone on Wednesday after rejecting Kraft Heinz's $143 billion bid, with the promise of a swift, far-reaching review. Kraft, backed by Warren Buffett and private equity firm 3 G, had wanted to buy Unilever, which is being advised by Centerview following...

  • A waitress delivers sushi orders at Masa Hibachi Steakhouse & Sushi in Silver Spring, Maryland.

    Meal kit sellers and upstart grocers are underscoring an eat-at-home culture.

  • Feb 22- CVS Health Corp said its pharmacy chain had removed artificial trans fats, which have been linked to rising rates of heart diseases, from its store-branded food products well ahead of a June 2018 federal deadline. The U.S. Food and Drug Administration said in June 2015 that PHOs were not "generally recognized as safe" for use in human food and gave food...

  • NEW YORK— Unilever is reviewing options after rival Kraft Heinz withdrew a $143 billion takeover offer. Unilever and Kraft Heinz said in a joint press release on Sunday that Kraft Heinz had "amicably" abandoned its offer. The deal that was withdrawn would have combined Kraft Heinz products such as Oscar Mayer, Jell-O and Velveeta with Unilever's stable of brands,...

  • Finding the truth behind US food system: Kind Snacks CEO

    Daniel Lubetzky, Kind Snacks founder and CEO, talks about a new organization called "Feed the Truth" which aims to bring more transparency to the U.S. food industry.

  • Singapore, China, Japan and Thailand each boasted nine restaurants on the annual list.

  • Feb 21- Canadian meat packaging goods company Maple Leaf Foods Inc said on Tuesday it would buy U.S.-based Lightlife Foods Inc, a manufacturer of plant-based protein foods, for $140 million and related costs. Lightlife Foods reported 2016 sales of about $40 million and has a 38 percent market share in the U.S. refrigerated plant proteins market, Maple Leaf said...

  • Tyson Foods signage is displayed on the floor of the New York Stock Exchange on Monday, Nov. 21, 2016.

    In his first televised interview as CEO of Tyson Foods, Tom Hayes told "Squawk on the Street" that the price-fixing lawsuits were unfounded.

  • Feb 21- Canadian meat processor Maple Leaf Foods Inc said on Tuesday it would buy U.S.-based Lightlife Foods Inc for $140 million and related costs. Lightlife Foods, a manufacturer of plant-based protein foods, reported 2016 sales of about $40 million and has a 38 percent market share in the U.S. refrigerated plant proteins market, the company said.

  • LOS ANGELES, Feb 21- A third of U.S. adults are eating out less frequently than three months ago, mostly because of cost, according to a new Reuters/Ipsos survey that illustrates the challenge for U.S. restaurants seeking to revive traffic after zero growth in 2016.. Annual traffic to U.S. restaurants has been flat or up just 1 percent since 2009, when there was a 2...

  • ConAgra CEO: When you restart a company, you've got to rebuild the innovation pipeline from scratch

    ConAgra CEO Sean Connolly weighs in on growth, innovation, tax reform and food deregulation.

  • Tyson CEO: People want protein all day

    Tyson Foods CEO, Tom Hayes, weighs in on company changes, growth strategies, food trends and prices.

  • Mondelez CEO: There is no question this is a challenging time in the emerging markets

    Irene Rosenfeld, Mondelez Chairman & CEO, weighs in on activist pressure, growth strategy and emerging markets.

  • Consumers around the world are interested in healthier products that contribute to a well being lifestyle: Mondelez CEO

    Irene Rosenfeld, Mondelez Chairman & CEO, weighs in on food innovation and the launch of their new cracker brand called "Vea."

  • Ivanka Trump Brand booming in China

    Businesses and individuals are flooding China's national trademark office with applications to use Ivanka Trump's name for their products.

  • CORAL GABLES, Fla. _ Fresh Del Monte Produce Inc. on Tuesday reported fourth-quarter net income of $12 million, after reporting a loss in the same period a year earlier. The Coral Gables, Florida- based company said it had net income of 23 cents per share. For the year, the company reported profit of $225.1 million, or $4.33 per share.