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Food and Beverage Food Products

  • Nov 21- Wall Street looked set to open higher on Monday, with the three major indexes hovering near record levels, supported by higher oil prices and the lingering effects of the post-election rally. Oil prices rose about 2.8 percent to a near three-week high of $47.87 per barrel amid hopes of the OPEC reaching an agreement to cut output. The three major U.S. indexes...

  • Stocks to Watch: November 21, 2016

    Tyson, 3M and Netflix are making headlines this Monday morning on Wall Street.

  • Nov 21- Tyson Foods Inc reported a lower-than-expected quarterly profit on Monday and said Chief Executive Donnie Smith would step down at the end of the year as the company looks to expand its presence in branded prepared foods. Tyson, whose shares were down 8.6 percent in premarket trading, said its president, Tom Hayes, would succeed Smith, 56, who has been at the...

  • Nov 21- Tyson Foods Inc reported a 12.8 percent drop in quarterly revenue, hurt by lower sales of beef and chicken, and said Chief Executive Donnie Smith would step down at the end of the year. The No. 1 U.S. meat processor said sales in the fourth quarter ended Oct. 1 fell to $9.16 billion from $10.51 billion a year earlier. However, net income attributable to Tyson rose to...

  • Sabra recalls hummus for possible listeria contamination

    The recall covers products sent to supermarkets and food service accounts in the US and Canada.

  • Food fraud is a growing problem. The best case? You pay for something you didn’t get. The worst case? You can get sick or die.

  • SAO PAULO, Nov 18- Falling debt costs and a steadier Brazilian currency bolstered some companies' third-quarter earnings but the results disappointed hopes for signs of a recovery in the country's recession-bound economy. Brazil's benchmark Bovespa stock index has rallied nearly 40 percent in 2016, despite the worst recession since the 1930 s, as investors...

  • 'Super Size Me' Star Morgan Spurlock Is opening a fast-food chicken restaurant.

    Morgan Spurlock's Holy Chicken calls itself a fast-food "chicken experience." It will only use natural chickens that the company raised.

  • False reports prompt Trump supporters to boycott PepsiCo

    The company faces a consumer boycott based on fake reports about CEO Indra Nooyi's alleged views on Trump

  • CARACAS, Nov 17- Venezuelan food company Polar, the South American nation's largest private firm, on Thursday said its owner had been barred from flying to Ecuador on a company plane for a business conference and denounced "harassment" by the state. Lorenzo Mendoza was held for four hours at the regional airport of Barquisimeto and ultimately had to return to...

  • About 500 of McDonald's more than 14,000 U.S. restaurants have made the changes with Florida, New York and Southern California the first regions to adopt the new format. Restaurants in San Francisco, Boston, Chicago and Seattle will start making the switch next year, according to the company, which declined to give a timeline for how long the changes will take to go...

  • Smucker's shares fell 6 percent to a nine- month low of $122.19 on Thursday on fears that the company's weak sales in the first half put its full-year forecast under threat. The company said it still expects adjusted net sales to be between flat and down 1 percent for the year ending April 2017 and adjusted earnings to be $7.60- $7.75 per share.

  • Stocks to Watch: November 17, 2016

    Wal-Mart, Best Buy and JM Smucker stocks are making headlines after releasing earnings results on Thursday.

  • The company said it would launch premium pet foods under the Nature's Recipe brand as it shores up its newest business to take on bigger rivals Mars Petcare and Nestle's Purina as well as other premium pet food makers. Smucker's net sales fell 8 percent to $1.91 billion, missing analysts average estimate of $2 billion, according to Thomson Reuters I/B/E/S.

  • OTTAWA, Nov 17- Lending activity to Canadian small businesses slowed modestly in September, though borrowing picked up for medium-sized firms, a report showed on Thursday, suggesting overall economic conditions were improving. But September's increase in lending in the manufacturing sector and in the oil-sensitive province of Alberta suggested the...

  • JAKARTA, Nov 17- Indonesia's crude palm oil output likely rose for a sixth month in October while exports were seen rising as buyers build up inventories. CPO production likely increased by 5.6 percent to 3.06 million tonnes, according to the median estimate in a survey of three industry associations and a state palm research firm. Indonesian Palm Oil...

  • *Japan pays premium over domestic buyers for chilled pork. WINNIPEG, Manitoba/ TOKYO, Nov 16- On select Canadian farms, thousands of pigs bound for Japan are getting five-star treatment. While most of Canadian meatpacker Olymel L.P.' s pigs gobble pedestrian wheat and barley fare, others dine on rations spiced with mint and ginger on a Saskatchewan farm dedicated to...

  • *Japan pays premium over domestic buyers for chilled pork. WINNIPEG, Manitoba/ TOKYO, Nov 16- On select Canadian farms, thousands of pigs bound for Japan are getting five-star treatment. While most of Canadian meatpacker Olymel L.P.' s pigs gobble pedestrian wheat and barley fare, others dine on rations spiced with mint and ginger on a Saskatchewan farm dedicated to...

  • McDonald's trying out Sriracha Big Mac

    The fast food chain is testing a Sriracha Big Mac burger in 126 restaurants throughout Ohio.

  • Milka Oreo Big Crunch Chocolate Candy Bar

    Oreo releases its newest concoction, something that may get cookie fans to head for the candy aisle, reports Eater.