CELAYA, Mexico _ Industrias Bachoco SAB de CV on Monday reported second-quarter profit of $86.5 million. On a per-share basis, the Celaya, Mexico- based company said it had profit of $1.73. This story was generated by Automated Insights using data from Zacks Investment Research. » Read More
The food maker is voluntarily recalling nearly 3 million boxes of frozen meals.
NEW YORK, March 10- A former chief executive of bankrupt food company Synergy Brands Inc was sentenced to 5-1/ 4 years in prison on Thursday for running a check fraud scheme through U.S. and Canadian banks that caused one institution to lose $26 million. District Judge Eric Vitaliano in Brooklyn, New York, after being found guilty in 2014 on charges including bank...
CNBC's Kate Rogers reports small business owners in Wisconsin are fighting the state's baking lobby. One baker Lisa Kivirist, owner of Inn Serendipity B&B, could land in jail for up to six months if she charges for her muffins and cookies not made in a licensed commercial kitchen.
Three winners will receive a prize for answering tricky math questions to celebrate National Pi Day.
The Mexican fast food chain's new breakfast menu will feature 10 items.
Kat Cole, Focus Brands, discusses the world's expanding taste in food and buying American brands. Also Cole talks about food safety and the minimum wage debate.
Chinese consumer prices accelerated to a six-month high in February as seasonal distortions caused food prices to spike.
More health concerns linked to Chipotle Mexican Grill after three employees came down with an illness appearing to be the norovirus. Should investors be scared out of the stock now, with Ivan Feinseth, Tigress Financial Partners, and Rich Ross, Evercore ISI.
More Americans are choosing to buy real butter instead of margarine and other butter substitutes.
KUALA LUMPUR, March 9- Malaysian palm oil futures will climb nearly 20 percent to around 3,000 ringgit a tonne as dry conditions brought by the El Nino weather pattern curb output in major producers Indonesia and Malaysia, said top industry analyst Dorab Mistry. Palm oil prices will keep climbing until they hit a level that stifles demand from price-sensitive...
KUALA LUMPUR, March 9- Palm oil prices are expected to recover to trade around 2,700- 3,000 ringgit a tonne by June as dry conditions from the El Nino weather pattern crimp global output, leading edible oil industry analyst Thomas Mielke said on Wednesday. "We expect prices will recover... my expectation is palm oil futures are likely to recover to 2,700- 3,000 ringgit...
CHICAGO, March 8- Cargill Inc, a top U.S. meat processor, is trimming the use of antibiotics in its cattle supply amid concerns among some doctors and consumers about risks to humans from antibiotic-resistant bacteria. The company on Feb. 26 started eliminating 20 percent of antibiotics deemed important for human medicine and farm animals from its four feed...
A food supplier is recalling pre-packaged breakfast sandwiches from Starbucks stores due to listeria concerns.
The premium burger chain is likely to exceed its "prudent" forecast for slower growth in openings of company-operated restaurants in the United States as well as same-restaurant sales, Barclays analyst Jeffrey Bernstein wrote in a note. The sandwiches, which sell for $6.29 compared with $5.29 for the ShackBurger, have been a hit. Shake Shack maintained its 2016...
Jon Cox, head of Swiss equities at Kepler Cheuvreux, weighs in on Lindt’s latest earnings report, and why he remains cautious on the food and drinks sector overall.
A recent survey shows 40-percent of millennials say breakfast is too "inconvenient." Joe Bastianich, B&B Hospitality and co-host of CNBC's "Restaurant Startup," weighs in.
Discussing the state of small business for entrepreneurs with Anthony Bruno, Founder of Anthony's Coal Fired Pizza.
Ever do a double take when the person in front of you asks for a Subway Pizza Sub or Chipotle Quesarito? Check out these not-so-secret menu items.
Tracey Massey, Mars Chocolate North America president, discusses the company's strategy, the M&M's brand, and the state of the confectionery industry amid the "war on sugar."
The grocery chain is recalling the product due to a possible Listeria contamination.