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Food and Beverage Food Products

  • Tyson CEO: People want protein all day

    Tyson Foods CEO, Tom Hayes, weighs in on company changes, growth strategies, food trends and prices.

  • Mondelez CEO: There is no question this is a challenging time in the emerging markets

    Irene Rosenfeld, Mondelez Chairman & CEO, weighs in on activist pressure, growth strategy and emerging markets.

  • Consumers around the world are interested in healthier products that contribute to a well being lifestyle: Mondelez CEO

    Irene Rosenfeld, Mondelez Chairman & CEO, weighs in on food innovation and the launch of their new cracker brand called "Vea."

  • Ivanka Trump Brand booming in China

    Businesses and individuals are flooding China's national trademark office with applications to use Ivanka Trump's name for their products.

  • CORAL GABLES, Fla. _ Fresh Del Monte Produce Inc. on Tuesday reported fourth-quarter net income of $12 million, after reporting a loss in the same period a year earlier. The Coral Gables, Florida- based company said it had net income of 23 cents per share. For the year, the company reported profit of $225.1 million, or $4.33 per share.

  • Consumer goods giant Kraft Heinz is falling after it withdrew a $143 billion offer for competitor Unilever, but other food and household goods makers are rising as investors bet Kraft will make an offer for one of those companies instead. LET'S CALL THE WHOLE THING OFF: Kraft Heinz and Unilever both slumped after Kraft withdrew a $143 billion offer to buy its...

  • LONDON, Feb 20- Kraft Heinz's dropped bid to buy Unilever is the third-largest M&A deal to collapse, according to Thomson Reuters data, adding to a recent run of failures that highlights the appetite for the pursuit of audacious mega-mergers. The abrupt U-turn by U.S. foods giant Kraft at the weekend pushed the value of deals withdrawn this year to $205.2 billion,...

  • The deal, which will likely value Popeyes at more than $1.7 billion, is a bet by Oakville, Ontario- based Restaurant Brands that it can use its international reach to introduce Popeyes' Louisiana-style fried chicken and buttermilk biscuits to more diners globally. Restaurant Brands did not respond immediately to a request for comment, while Popeyes decline to...

  • Feb 20- Acquire, slash costs, repeat. Billionaire investor Warren Buffet and buyout firm 3 G Capital's failed $143 billion bid to combine their food conglomerate Kraft Heinz Co with Unilever Plc shows their winning formula now needs a growth boost. "Perhaps Kraft will now acquire another medium-sized U.S. food company, like General Mills Inc, Kellogg Co, or...

  • *Stocks rise in Europe and Asia, driven by merger activity. LONDON, Feb 20- European stocks rose on Monday, with gains in telecoms and banks offsetting a big fall in Unilever, while the dollar dipped as uncertainty over politics and the timing of a U.S. interest rate rise kept investors nervous. U.S. markets were closed for the Presidents Day holiday, and this...

  • *Stocks rise in Europe and Asia, driven by merger activity. LONDON, Feb 20- European stocks rose on Monday, led higher by Deutsche Telekom on talk of a merger involving its U.S. mobile unit, while the dollar dipped as uncertainty over European politics and the timing of a U.S. interest rate rise kept investors nervous. U.S. markets were closed for the Presidents Day...

  • NEW YORK— Shares in Unilever, the owner of brands like Hellman's, Lipton, and Knorr, are down sharply after rival Kraft Heinz withdrew a $143 billion takeover offer. The deal would have combined Kraft Heinz products such as Oscar Mayer, Jell-O and Velveeta with Unilever's stable of brands, which include food as well as other consumer goods like Dove soap and...

  • Unilever, Kraft-Heinz deal buzz not over yet

    Tressis Gestion CIO Daniel Lacalle responds to news that Kraft Heinz has dropped its bid to buy Unilever.

  • Neil Dwane, global strategist at Allianz Global Investors, discusses Kraft Heinz's decision to drop its bid for Unilever.

  • HONG KONG— Global stock markets advanced Monday as a strong performance on Wall Street last week helped buoy sentiment among investors as they awaited economic and corporate earnings reports and Fed meeting minutes due out this week. Britain's FTSE 100 inched up 0.1 percent to 7,304.80. JAPAN TRADE: Imports to Asia's second-largest economy grew in January...

  • KEEPING SCORE: Japan's benchmark Nikkei 225 index lost 0.1 percent to 19,207.30 and South Korea's Kospi dipped 0.1 percent to 2,078.08. Also due this week: a German business confidence index on Tuesday, U.S. new home sales on Friday and earnings from big companies such as British bank HSBC. ANALYST VIEW: "Asian markets look set for a soft start to the week with a lack...

  • *Asia shares ex- Japan up 0.1 pct, Nikkei down 0.2 pct. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent and back toward a 19- month peak set last week. Shanghai stocks added 0.6 percent and expectations of solid economic growth in China kept commodities such as copper and iron ore well bid.

  • *Asia shares ex- Japan dip 0.1 pct, Nikkei down 0.5 pct. SYDNEY, Feb 20- Asian share markets got off to a subdued start on Monday as political uncertainty kept the mood cautious, while the U.S. dollar softened a touch ahead of a busy week for Federal Reserve speakers. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1 percent to inch away from a 19-...

  • NEW YORK— Kraft Heinz has withdrawn its $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low. The fact that it bid for all of Unilever and not just its food business indicates that Kraft Heinz is potentially open to acquiring other packaged consumer goods, one analyst said.

  • NEW YORK— Kraft Heinz's $143 billion offer to buy Unilever was spurned, but the ketchup, cheese and lunch meat maker is still hungry to expand its domain. Given Unilever's stable of personal care products such as Dove soap, Bernstein analyst Ali Dibadj said the offer signaled that Kraft Heinz is potentially open to acquiring other packaged consumer goods, not...