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Food and Beverage Food Products

  • 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.

  • Chairman Joerg Reinhardt said at the weekend that Alcon's woes have intensified soul-searching over the unit's future. "All options are open in the future," Chairman Joerg Reinhardt said in an interview in Swiss weekly SonntagsZeitung. "Novartis under Vasella was going to be the Johnson& Johnson of Europe," said Stefan Schneider, a Bank Vontobel analyst in Zurich. "

  • LONDON, Nov 14- Britain's biggest sandwich maker Greencore Group said on Monday it would buy U.S. convenience food manufacturer Peacock Foods for $747.5 million in a bid to transform its U.S. business. Irish-registered but London- listed Greencore had signalled an intention to expand in the United States where it already produces sandwiches, salads, sushi and...

  • LONDON, Nov 14- Irish-based Greencore Group said on Monday it planned to buy U.S. convenience food manufacturer Peacock Foods for $747.5 million in a bid to transform its U.S. business. Greencore, which is listed in London, said it would buy the business on a debt free and cash free basis, backed by a fully underwritten rights issue offered to qualifying...