Food and Beverage Food Products

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  • Steak and Lobster dinner

    Two New York state senators want to prevent people from using food stamps to purchase junk and luxury food items.

  • *Many Egyptians use smartcards to buy food. CAIRO, Feb 18- "Any rice?" says the woman, leaning into a shop in Cairo and brandishing a green smartcard that carries her family's food credits.

  • McDonald's now selling Chicken McGriddle at two price points

    The fast food chain is offering a new chicken-and-pancake breakfast sandwich in Ohio for a limited-time test.

  • Wal-Mart, the largest grocer in the United States, has already hired 30 field managers and plans to hire hundreds more over the next three years, people familiar with matter said in recent days. Wal-Mart spokesman Lorenzo Lopez said on Wednesday Wal-Mart was in the process of hiring managers "to help ensure quality and consistency in our fresh operations."

  • PARIS, Feb 17- France will cut social security taxes paid by farmers, a measure worth 500 million euros, to help ease financial pressure on them wrought by persistently low dairy and meat prices, Prime Minister Manuel Valls said on Wednesday. "Livestock farmers and the livestock industry in France are going through a crisis that is unprecedented in its intensity...

  • Feb 12- Some 38 percent of U.S. multinationals, universities and non-profits surveyed by an arm of the State Department are allowing female employees to defer travel or leave countries where the Zika virus has been reported. The State Department's Overseas Security Advisory Council, which has a membership of more than 3,500 U.S. companies and institutions...

  • *4th- qtr revenue $18.59 bln vs est $18.51 bln. Feb 11- PepsiCo Inc reported better-than-expected quarterly net revenue on Thursday as higher sales of snacks and non-fizzy beverages such as Gatorade in North America helped reduce the impact of a strong dollar. PepsiCo increased its annual dividend to $3.01 per share from $2.81 and said it would return about $7...

  • Burger King to sell hot dogs

    The fast food chain will start selling two types of hot dogs after more than 18 months of testing.

  • Feb 9- U.S. burger chain operator Wendy's Co reported higher-than-expected quarterly sales growth at established restaurants in North America as new promotions such as its "4 for $4 meal" and renovated restaurants helped bring in more diners. Around the same time, Wendy's launched the "4 for $4 meal," which features a Jr. The launch helped Wendy's post a...

  • Feb 9- U.S. burger chain operator Wendy's Co reported higher-than-expected quarterly sales growth at established restaurants in North America, as expanded menu offerings such as its "4 for $4 meal" and renovated restaurants helped bring in more diners. The company, which has been shifting to a fully franchised business model to cut costs, said sales at...

  • Feb 7- Palm oil prices could jump more than expected to 2,700 ringgit per tonne in the second quarter, the highest since early 2014, as seasonally lower output and dry weather dent inventories across Southeast Asia, vegetable oils analyst Dorab Mistry said. Concerns that dryness linked to an El Nino weather pattern will lower fresh fruit bunch yields in top...

  • Feb 5- Wall Street was sharply lower on Friday after the January U.S. jobs report appeared to keep alive the prospect of a Fed rate hike this year and tech stocks sold off heavily. Despite the expected slowdown in job growth, the unemployment rate fell to 4.9 percent, the lowest since February 2008, and average hourly earnings increased 0.5 percent, suggesting the...

  • *Average hourly earnings rise 12 cents, or 0.5 pct. Feb 5- Wall Street was sharply lower on Friday after data showing a surge in wages in January and an eight-year low unemployment rate kept the prospects of a Fed rate hike alive this year. "That... serves as a caution to markets that it is too early to take a Federal Reserve March hike completely off the table," said Mohamed...

  • *Average hourly earnings rise 12 cents, or 0.5 pct. Feb 5- Wall Street opened lower on Friday after data showing a surge in wages in January and an eight-year low unemployment rate kept the prospects of a Fed rate hike alive this year. "Judging from the notable 0.5 percent monthly increase in hourly wages, the impressive job creation of recent years may finally be...

  • *Raises full-year profit forecast to $3.85- $3.95/ shr. Reports 1st- qtr profit $1.15/ share vs est $0.89. Beef business, which is Tyson's largest unit by sales, reported an operating profit of $71 million, compared with a loss of $6 million in the year-earlier period, due to lower livestock costs.

  • *Average hourly earnings rise 12 cents, or 0.5 pct. Feb 5- Wall Street was set to open lower on Friday after data showed U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded. "I'm a little surprised the markets reacted somewhat negatively to it," said Sean Lynch, co-head of global equity strategy at Wells...

  • While chicken sales fell 5 percent in the first quarter ended Jan. 2, operating margin in the business rose to 13.6 percent from 12.6 percent, helped by a $60 million drop in feed costs, the company said. Net income attributable to Tyson rose to $461 million, or $1.15 per share, in the first quarter ended Jan. 2 from $309 million, or 74 cents per share, a year earlier.

  • Feb 5- Tyson Foods Inc, the biggest U.S. meat processor, reported a 49 percent rise in quarterly profit, helped by lower feed and livestock costs. Net income attributable to Tyson rose to $461 million, or $1.15 per share, in the first quarter ended Jan. 2 from $309 million, or 74 cents per share, a year earlier. Revenue fell 15.4 percent to $9.15 billion.

  • McDonald's salad has more calories than Big Mac

    The Keep Calm and Caesar on Chicken Salad packs more than 730 calories and 53g of fat

  • ISTANBUL, Feb 5- Standing amid a jumble of food stalls in an Istanbul market, 61- year-old Gulsen Yuce wonders how she can stretch an already tight budget to make ends meet as food prices rise week after week. Global food prices have fallen to their lowest in nearly seven years, but Turkey has consistently struggled with food costs overshooting headline inflation-...