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Food and Beverage Food Products

  • Inflation, Brexit, pound biggest risks for chocolate: MD

    Faced with operating in a post-Brexit world, James Cronin, managing director at Paul A Young, discusses the impacts of Brexit that threaten the chocolate business.

  • CHICAGO, April 12- Smithfield Foods, the world's largest pork producer, has established a separate bioscience unit to expand its role in supplying pig parts for medical uses, with the ultimate goal of selling pig organs for transplantation into humans. Smithfield, the $14 billion subsidiary of Chinas WH Group, in its first move has joined a public-private tissue...

  • Cramer: Here's the only thing Jana can do to really boost Whole Foods' stock

    Jim Cramer says that only a sale to a foreign buyer can save Whole Foods' struggling shares.

  • An employee arranges produce for sale at a Whole Foods Market Inc. store in Oakland, California

    Jim Cramer says that only a sale to a foreign buyer can save Whole Foods' struggling shares.

  • The only thing Jana can do to boost Whole Foods' stock

    Jim Cramer says that only a sale to a foreign buyer can save Whole Foods' struggling shares.

  • April 10- Jana Partners has upped its stake in Whole Foods Market Inc as the hedge fund looks to shake up the board and senior management of the high-end grocer and push for a sale of the company that has been losing ground in the natural and organic niche it popularized. The New York- based activist investor, which usually works behind the scenes, is mounting an...

  • April 9- Mondelez International Inc is preparing to look for a successor to Chief Executive Officer Irene Rosenfeld as the snack maker faces shareholder pressure and a broad shift to healthier eating habits, the Wall Street Journal reported, citing sources. Potential successors among Mondelez's current executives include Tim Cofer, chief growth officer,...

  • Cramer Remix: Why I'm standing alone on Coca-Cola

    Jim Cramer unveiled why he disagrees with Wall Street on Coke’s next move.

  • Cotton candy may be the future of artificial organs

    Scientists at Vanderbilt University have found a new purpose for the sugary treat — holding the key to what could be the future for making artificial organs.

  • LOS ANGELES, April 7- Yum Brands Inc's U.S. KFC, the second-biggest U.S. chicken chain by sales after privately held Chick-fil-A, is giving its U.S. poultry suppliers until the end of 2018 to stop using antibiotics important to human medicine. Chick-fil-A is going a step further, vowing in 2014 to switch to poultry raised without any antibiotics at all by the end of...

  • ZAGREB, April 7- Local suppliers to Croatian food producer and retailer Agrokor said on Friday they would stop deliveries of almost all goods until the indebted firm's liquidity crisis was resolved. Agrokor, the biggest food producer and retailer in the Balkans, accumulated debts of about 45 billion kuna, or six times its equity, during its expansion, notably in...

  • April 6- An attorney defending Las Vegas sports gambler William "Billy" Walters against insider trading charges told jurors on Wednesday that prosecutors introduced testimony about star golfer Phil Mickelson to cover up the weakness of their case. In a closing argument in Manhattan federal court, lawyer Barry Berke said prosecutors brought in evidence...

  • LONDON, April 6- Unilever said on Thursday it will exit its spreads business, increase its margin targets and review its dual-headed legal structure, as it aims to prove it can deliver growth following its rejection in February of a takeover proposal by Kraft Heinz. The pledges are the result of a business review at the Anglo-Dutch consumer goods maker,...

  • A general view of a butchers shop, in Sao Paulo, Brazil on March 20, 2017.

    Brazilian exports outweighed imports by more than $7 billion in March despite fears over the country’s on-going meat scandal.

  • SAO PAULO, April 3- Latin American currencies seesawed on Monday as traders remained cautious amid lingering uncertainty over U.S. New York and other states challenged the Trump administration for illegally blocking energy efficiency standards, casting further doubt on the strength of his political capital. Trump is also set to meet Chinese President Xi...

  • LONDON, April 3- British consumer goods maker Reckitt Benckiser is reviewing strategic options for its small food business, it said on Monday, as it seeks to pay down debt following its planned $16.6 billion purchase of Mead Johnson. A sale of the business, which includes French's mustard and Frank's RedHot sauce, could fetch more than 2.4 billion pounds, British...

  • LONDON, April 2- British consumer goods group Reckitt Benckiser is considering the sale of its foods business, which includes French's, its top-selling U.S. mustard brand, to help fund its $16.6 billion takeover of baby food maker Mead Johnson, British newspaper The Sunday Times said. The maker of Durex condoms and Nurofen painkillers has told banks it plans to...

  • BRASILIA, March 31- The world's largest meatpacker, Brazil's JBS SA, has for years knowingly bought cattle that were raised on illegally deforested land, turning a blind eye to regulations meant to protect the Amazon rainforest, Brazil's environmental regulator has alleged. The accusation comes even as JBS and other meatpackers in Brazil, the top global...

  • PARIS, March 31- French food group Danone said on Friday it would sell its U.S. organic yogurt business Stonyfield to facilitate the rapid completion of its $10.4 billion acquisition of U.S. organic food producer WhiteWave foods Co.. The decision to sell Stonyfield stemmed from an agreement in principle reached with the U.S. Department of Justice's anti-trust...

  • The fast food giant announced it's swapping frozen beef patties for fresh ones in its quarter pounder burgers.