Food and Beverage Food Products

  • CHICAGO, Aug 11- Tyson Foods Inc said it has fired 10 workers who were captured abusing breeder chickens in Virginia in a secretly recorded video released by an animal rights group on Thursday. Springdale, Arkansas- based Tyson, one of the world's largest meat processors, said it was "disgusted by the actions of the individuals in the video." It also makes Ball Park hot...

  • LOS ANGELES, Aug 11- A charity looking to fight the rise of dangerous, drug-resistant bacteria on Thursday asked the public to help convince McDonald's restaurants around the world to stop serving meat and milk from animals raised with routine use of medically important antibiotics. A week after the world's biggest fast-food company took that step with...

  • Aug 11- Shares of Ruby Tuesday Inc plunged as much as 14 percent in extended trading on Thursday after the restaurant chain operator posted its fourth straight quarterly loss and said it would close about 95 restaurants. The casual dining chain, which sold its Lime Fresh Mexican Grill brand in June, said the stores will cease operations by September and it...

  • Get ready for more pumpkin-flavored items this fall

    An analyst at Mintel says retail brands and foodservice outlets will keep churning out pumpkin-related foods and drinks.

  • KUALA LUMPUR, Aug 11- Malaysian palm oil producers could be forced to find new customers in places like Africa as rival exporter Indonesia increases its dominance of major markets such as China and India due to cheaper prices and a more-favourable tax system. Malaysia has long-trailed Indonesia as the world's No.2 producer and exporter of the edible oil, used...

  • Shake Shack restaurants, particularly in Manhattan, often have long lines. Shake Shack Inc had second-quarter net income of $3.3 million, or 14 cents per share, up from net income of $1.1 million, or 8 cents per share, a year earlier. Adjusted earnings were also 14 cents per share, topping analysts' average estimate by a penny, according to Thomson Reuters I/B/E/S.

  • The company had net income of $3.3 million, or 14 cents per share, versus net income of $1.1 million, or 8 cents per share, in the year-ago period. Adjusted earnings were also 14 cents per share, topping analysts' average estimate by a penny, according to Thomson Reuters I/B/E/S. Shake Shack shares debuted in January 2015 on the New York Stock Exchange at $21 a share and...

  • Aug 10- Shake Shack Inc, known for indulgent antibiotic-free hamburgers, crinkle-cut fries and frozen custard shakes, on Wednesday reported a weaker-than-expected rise in quarterly sales at established restaurants. Shares in the company tumbled 9 percent to $37.20 in extended trading after the chain said closely watched same-restaurant sales were up 4.5...

  • *North America Q2 comp sales rise 0.4 pct vs. est. 1.9 pct. *Total sales $382.7 mln vs. est. Food prices have been on the decline in 2016, according to the U.S. Department of Agriculture.

  • Girl Scouts unveils new S'mores cookies

    The new additions feature two types of cookies inspired by the campfire treat.

  • *Total sales $382.7 mln vs. est. Sales at Wendy's restaurants open for at least 15 months rose 0.4 percent in North America, missing the 1.9 percent rise analysts polled by research firm Consensus Metrix had expected. Total sales fell 22 percent to $382.7 million as the company franchised more outlets, but beat the average analysts' estimate of $367.6 million,...

  • Net income fell to $26.5 million, or 10 cents per share, in the second quarter ended July 3 from $40.2 million, or 11 cents per share, a year earlier. Total sales fell 22 percent to $382.7 million as the company franchised more outlets, but beat the average analysts' estimate of $367.6 million, according to Thomson Reuters I/B/E/S. Excluding items, the company earned 10...

  • Net income fell to $26.5 million, or 10 cents per share, in the second quarter ended July 3 from $40.2 million, or 11 cents per share, a year earlier. Total sales fell 22 percent to $382.7 million as the company franchised more outlets, but beat the average analysts' estimate of $367.6 million, according to Thomson Reuters I/B/E/S. Sales at established restaurants...

  • Stocks to Watch: August 10, 2016

    Disney, Tesla and Yum Brands are making headlines this Wednesday morning before the opening bell.

  • Will this be Silicon Valley's next power source?

    The company that is trying to replace meals is now putting breakfast in a bottle.

  • Cargill has not used the drug, gentamicin, to prevent disease in turkeys that supply its two biggest brands, Honeysuckle White and Shady Brook Farms, since Aug. 1, the company said. Gentamicin was the only antibiotic Cargill used to prevent disease in turkeys, and by eliminating it from the brands, 50 million birds will be affected. Cargill "weighed the desires of our...

  • CHICAGO, Aug 9- U.S. meat processor Cargill Inc has stopped using an important antibiotic for people to prevent disease in turkeys, the company said on Tuesday, the latest food maker to drop the drug amid concerns about the impact on human medicine. Cargill has not used the drug, gentamicin, to prevent disease in turkeys that supply its two biggest brands,...

  • Burger King to sell Whopperrito nationwide

    The burger chain will roll out its new offering that features its own interpretation of the Tex-Mex trend.

  • On a conference call, Tyson Foods Chief Executive Officer Donnie Smith projected feed prices would stay low next year. "Tyson is firing on all cylinders right now," JP Morgan analyst Ken Goldman said in a note. Tyson said it may expand into organic chicken in a challenge to privately held Perdue Farms, which says it is the largest U.S. organic-certified chicken...

  • Shares of the biggest U.S. meat processor and the maker of Ball Park brand hot dogs reached an all-time high of $75.46 before easing in mid-afternoon trading. "Tyson is firing on all cylinders right now, and with corn below $3.40/ bushel, we think the lights will stay on at the party for some time," JP Morgan analyst Ken Goldman said in a note. Perdue Farms, a privately held...