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Food and Beverage Food Products

  • Wendy's said its North America same-restaurant sales rose 1.4 percent in the third quarter ended Oct. 2 as new menu items such as the Grilled Chicken Sandwich and the "4 for $4" value meal attracted diners to its restaurants. "Our third-quarter same-restaurant sales for the North America system were driven by strong customer account growth and a slight increase...

  • Wendy's, which benefited from a rise in demand for offerings such as the new Grilled Chicken Sandwich and "4 for $4" meal, said its North America same-restaurant sales rose 1.4 percent in the third quarter ended Oct. 2. The cost of eating at home has fallen 1.1 percent this year while the cost of eating away from home has risen 2.3 percent, according to the U.S. Bureau of...

  • The company's net income rose to $48.89 million, or 19 cents per share, in the third quarter ended Oct. 2, from $7.6 million, or 3 cents per share, a year earlier. Wendy's, which benefited from a rise in demand for offerings such as the new Grilled Chicken Sandwich and "4 for $4" meal, said its North America same-restaurant sales rose 1.4 percent in the quarter.

  • Martha Stewart and Snoop Dogg on March 14th, 2015

    Nothing is off limits — even a bizarre joke by Martha about Snoop taking a "buttermilk bath," according to Today.

  • Toblerone changes its triangle shape

    The newly designed chocolate bars will have longer gaps between the elevated portions in a move to cut down the cost of ingredients.

  • A snow crab fetches a record price of more than $12k

    A snow crab fetched a record price of more than $12,000 at the first auction of the year in Tottori, Western Japan.

  • *Egypt up 15.6 percent since devaluation. CAIRO/ DUBAI, Nov 7- Egypt's stock market rose sharply for a third day on Monday in response to the devaluation of the Egyptian pound which has raised hopes for capital inflows, while higher oil prices boosted petrochemical shares in Saudi Arabia. Regional investment bank Arqaam Capital said it was going overweight on...

  • KUALA LUMPUR, Nov 7- Some activist groups are withdrawing support for the palm oil body that provides sustainability certificates for the industry, saying it is biased towards producers and its complaints panel is flawed. Aidenvironment, an Amsterdam- based green group, could become the latest to cut ties with the Roundtable on Sustainable Palm Oil over what it...

  • Quarterly net income for Omaha, Nebraska- based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to $4.85 billion, or $2,951 per share, from $4.55 billion, or $2,769 per share. Results included a $1.6 billion...

  • Quarterly net income for Omaha, Nebraska- based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to $4.85 billion, or $2,951 per share, from $4.55 billion, or $2,769 per share. This year's results included a $1.6...

  • Quarterly net income for Omaha, Nebraska- based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit rose 7 percent to $4.85 billion, or $2,951 per share, from $4.55 billion, or $2,769 per share, but fell short of the average $3,058.10 per share forecast of analysts polled by Thomson...

  • Quarterly net income for Omaha, Nebraska- based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per Class A share, a year earlier. Operating profit rose 7 percent to $4.85 billion, or $2,951 per share, from $4.55 billion, or $2,769 per share, but fell short of the average $3,058.10 per share forecast of analysts polled by Thomson...

  • A man walks into a Whole Foods Market in Brooklyn, New York.

    A Whole Foods Market stockholder is reported to have met with activist funds to plan a push for changes or a possible sale, Bloomberg reported Friday.

  • Hostess' sweet return to Wall St.

    Dean Metropoulos, Hostess executive chairman, discusses saving the Hostess brand and its return to public trading under the ticker TWNK.

  • Activist investors eyeing Whole Foods: Report

    Shares of Whole Foods are spiking on a Bloomberg report indicating a shareholder is planning to push for changes and a possible sale. CNBC's Dominic Chu reports. The “Fast Money Halftime Report” traders and Stephanie Link, TIAA Global Asset Management, weigh in.

  • ZURICH, Nov 4- Nestle's Health Science unit will invest $145 million in U.S. food allergy specialist Aimmune Therapeutics, the latest move by the Swiss food giant in the health arena, the companies said on Friday. Aimmune, based in California, is developing treatments for food allergies which are estimated to affect up to 250 million people globally.

  • Nov 3- Kraft Heinz Co, the maker of Velveeta cheese, Heinz ketchup and Oscar Mayer meats, reported on Thursday quarterly sales fell 1.5 percent, as the company continues to cope with changing consumer tastes. Kraft Heinz was formed after Kraft Foods Group merged with H.J. Adjusted net sales in the third quarter ended Oct. 2 fell to $6.27 billion from $6.36 billion a...

  • *Government seized all private sugar stocks in August. CAIRO/ ABU DHABI, Nov 3- Cairo grocer Bakr Atef has stopped selling sugar since authorities seized his stocks last month, accusing him of hoarding as a growing economic crisis angers Egyptians and raises fears of street protests. Sugar is the latest vital commodity to be thrown into crisis in Egypt this year.

  • Walter Robb to remain Whole Foods chairman

    CNBC's Susan Li reports details from Whole Foods earnings conference call, including what outgoing co-CEO Walter Robb has to say about the company's management shakeup.

  • Whole Foods eliminates co-CEO structure, new CEO is John Mackey

    CNBC's Susan Li reports on Whole Foods Q4 earnings, as well as the company's new management shakeup. "Fast Money" trader Guy Adami and Stephanie Link, TIAA Global Asset Management, weigh in.