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Food and Beverage Food Products


  • Nestle withdraws Maggi noodles in India after scare Friday, 5 Jun 2015 | 1:55 AM ET

    Food group Nestle has withdrawn Maggi instant noodles from sale in India citing "an environment of confusion for consumers," after a food scare.

  • Egg prices spike on short supply Thursday, 4 Jun 2015 | 8:16 AM ET
    Egg prices spike on short supply

    CNBC's Morgan Brennan reports the bird flu, which wiped out 12 percent of the nation's egg supply is sending egg prices to record levels.

  • The USDA has been developing a vaccine against bird flu and was weighing whether to release it to drug makers for widespread production. Turkey producers in Minnesota, where nearly 9 million birds have been affected by the disease since the beginning of the year, had asked the USDA to approve use of a vaccine to help prevent further infections.

  • Extreme calorie foods Wednesday, 3 Jun 2015 | 1:14 PM ET
    Extreme calorie foods

    CNBC's Mandy Drury and Brian Sullivan walk through the most caloric foods at chain restaurants.

  • Hamburger chain Wendy's to buy back $1.4 bln of shares Wednesday, 3 Jun 2015 | 7:52 AM ET

    June 3- Hamburger chain Wendy's Co said it would buy back $1.4 billion of shares by the end of 2016, including $211 million from Nelson Peltz's Trian Group, its largest shareholder. The company also adjusted its full-year earnings forecast on Wednesday to reflect the sale of its bakery operations. Wendy's said it expected 2015 adjusted earnings of 31- 33 cents...

  • BOSTON, June 2- Billionaire investor William Ackman's hedge fund has taken a position in Nomad Foods Limited, a young company created to make acquisitions in the food industry, according to a release made by the London Stock Exchange on Tuesday. Pershing Square crossed the 20 percent threshold on the Nomad stake on May 26, according to the filing.

  • Feature Caitlyn Jenner on a box of Wheaties Tuesday, 2 Jun 2015 | 4:02 PM ET
    The cover of the New York Post showing Vanity Fair magazine with Caitlyn Jenner

    General Mills can score points with millennials and take advantage of the buzz, says a branding expert

  • Sausage and eggs

    Don't be the first to pass on higher costs, says diner owner Andrew Loucas.

  • Foods that may fade along with the baby boomers Tuesday, 2 Jun 2015 | 11:29 AM ET
    Shoppers at a Kroger supermarket in Peoria, Ill.

    Some of the most recognizable American food and beverage brands have fallen out of favor with U.S. consumers, while smaller brands are gaining favor.

  • June 2- Kraft Foods Group Inc and Mondelez International Inc petitioned a judge to dismiss two counts in a case filed by the U.S. Commodity Futures Trading Commission that alleged the companies manipulated wheat prices. The CFTC in April accused Kraft Foods and Mondelez of making massive bets in Chicago's futures markets in late 2011 as part of a plot to drive...

  • NEW YORK, June 1- Nomad Holdings Ltd is hot for more frozen food deals following its $2.8 billion acquisition of Iglo Foods Holdings Ltd, even as the category faces an image problem as some consumers opt for fresher fare. According to market research firm Euromonitor International, Iglo held a roughly 3 percent share of the global frozen food market, second only to...

  • June 1- Foster Farms, one of the top U.S. chicken producers, plans to largely eliminate antibiotics used to treat humans from its poultry production, it said on Monday. The move brings California- based Foster Farms in line with other top chicken producers, including market leader Tyson Foods Inc, that are backing away from using the drugs over concerns about...

  • *Chicken prices in western India soar to record 95 rupees/ kg. MUMBAI, June 1- Chicken prices in India soared to a record high after a heat wave killed more than 17 million birds in May, as temperatures regularly above 40 degrees Celsius led to mounting casualties among livestock as well as humans. India has been struggling to export corn after global prices hit...

  • Could virus make the leap from birds to people? Saturday, 30 May 2015 | 12:02 PM ET
    Lacey Kurth, a research associate, works with avian influenza test samples during testing in the real-time analytical diagnostics lab at the Iowa State University College of Veterinary Medicine in Ames, Iowa.

    There have only been four flu pandemics since the start of the 20th century, yet concerns are widening about the potential for a new outbreak.

  • Amazon's own 'Element' of success Friday, 29 May 2015 | 8:00 AM ET
    Amazon's own 'Element' of success

    Amazon is adding food and household products to its private label "Elements" line.

  • *Q2 net income $3.13/ share vs estimates of $3.32. May 28- Sanderson Farms Inc, the third-largest U.S. poultry producer, said lower prices for boneless breasts and bulk leg quarters contributed to softer-than-expected net sales and profit last quarter and warned that a production ramp-up could leave processors with more birds than they can handle this fall.

  • US STOCKS-Wall St falls amid Greece worries, China tumble Thursday, 28 May 2015 | 10:10 AM ET

    *Avago rises after agreeing to buy Broadcom for $37 bln. *Abercrombie& Fitch rises after positive forecast. European officials downplayed talk that Greece and its lenders were drafting an agreement that would provide Athens much-needed debt relief.

  • *Crops grow from Gulf to Russia in advanced greenhouses. AMSTERDAM, May 28- From the rooftops of Amsterdam to the expanses of Kazakhstan, Dutch technology is helping food producers to meet the needs of both gourmets and growing populations facing uncertain supplies. One of the most densely populated countries in the world, the Netherlands has long learnt to...

  • *Avago rises after agreeing to buy Broadcom for $37 bln. *Abercrombie& Fitch rises after positive forecast. Initial claims for state unemployment benefits rose by 7,000 to a seasonally adjusted 282,000 for the week ended May 23, the Labor Department said on Thursday.

  • The company did not comment on the potential impact from the avian flu outbreak that led to some countries, including Mexico and China, banning U.S. poultry imports. Exports to countries such as Russia, China and Mexico, the biggest buyer of U.S. chicken, accounted for about 10 percent of Sanderson's net sales in the year ended October. Sanderson's net income rose to...