GO
Loading...

Food Products

More

  • How Hershey plans to enter the meat snack biz Thursday, 29 Jan 2015 | 8:03 AM ET

    Hershey plans to enter the fast-growing meat snacks market, after high demand for meat and bakery snacks hurt chocolate sales.

  • Hershey's quarterly sales miss estimates Thursday, 29 Jan 2015 | 7:12 AM ET

    Jan 29- Chocolate maker Hershey Co reported a lower-than-expected quarterly revenue as demand for bakery and meat snacks hurt chocolate sales. Hershey's net income rose to $202.5 million, or 91 cents per share, in the fourth quarter ended Dec. 31, from $186.1 million, or 82 cents per share, a year earlier. Revenue rose 2.7 percent to $2.01 billion.

  • WASHINGTON, Jan 28- U.S. lawmakers proposed a bill on Wednesday that would create a single food safety agency by bringing together the oversight functions of the Food and Drug Administration, U.S. Department of Agriculture and other agencies. Democratic Senator Richard Durbin from Illinois and Representative Rosa DeLauro, a Democrat from Connecticut, told...

  • The lawsuits, filed in federal court in the District of Columbia, say the EPA has not responded to petitions filed in 2009 and 2011 by the Environmental Integrity Project and the Humane Society of the United States. The lawsuits say the EPA failed to take action and ask it to respond to the petitions within 90 days, Environmental Integrity Project attorney Tarah...

  • LOS ANGELES— When pet owners dress up their dogs in miniature white dresses and tiny tuxes, some believe the barks that signal "I do" reveal true puppy love. The doggy nuptials are gaining attention as Valentine's Day approaches and people find new and unique ways to pamper their pets. Bonnie Beaver, executive director of the American College of Veterinary...

  • MIAMI, Jan 27- Cargill Inc, one of the world's largest privately held corporations and a top commodities trader, will likely remain private for at least another decade, the chief executive said on Tuesday as he assessed challenges facing the 150- year old company. David MacLennan, who has led Cargill for the past 13 months, also revealed that unrest in Ukraine had...

  • Jan 27- Chocolate maker Hershey Co is in late-stage talks to acquire Krave, a maker of healthy beef, turkey and pork jerky snacks, according to people familiar with the matter. The deal is expected to value Sonoma, California- based Krave at between $200 million and $300 million, the people said this week. It sells to retailers that include Target Corp, Vitamin Shoppe...

  • J&J Snack Foods posts 1Q profit Monday, 26 Jan 2015 | 4:06 PM ET

    PENNSAUKEN, N.J. _ J&J Snack Foods Corp. on Monday reported fiscal first-quarter profit of $11.3 million. J&J Snack Foods shares have increased nearly 5 percent since the beginning of the year. Keywords: J&J Snack Foods, Earnings Report.

  • Bird flu detected at California turkey farm Monday, 26 Jan 2015 | 12:45 PM ET

    A California turkey farm has been quarantined after confirmation of an outbreak of the highly pathogenic H5N8 avian influenza strain.

  • Jan 26- Cereal maker Post Holdings Inc said it would acquire privately held rival MOM Brands Co for about $1.15 billion to expand in the growing bagged and hot cereal categories, sending its shares up as much as 9 percent. U.S. sales of bagged cereals grew 5.6 percent annually in the past four years, even though overall sales of cereals fell, Post said, quoting data...

  • Jan 26- Cereal maker Post Holdings Inc said it would acquire privately held rival MOM Brands Co for about $1.15 billion in cash and stock to expand in the bagged and hot cereal categories. Post has been aggressively pursuing deals since it was spun off from Ralcorp Holdings in 2012. The cereal maker said in April that it would buy egg and dairy producer and...

  • Jan 26- Ready-to-eat cereal maker Post Holdings Inc said it would acquire privately held rival MOM Brands Co for $1.15 billion in cash and stock.

  • The world's biggest restaurant chain set a capital spending target of about $2 billion for this year as it looks to recover from a food scandal in China and fend off intense competition in the United States. In the United States, the company has been losing customers to fast-casual chains such as Chipotle Mexican Grill and Shake Shack Inc..

  • Jan 21- The chief executive of Tootsie Roll Industries Inc has died after more than half a century at the helm of the U.S. candy maker, sparking speculation that the company could soon be ripe for acquisition. Melvin Gordon died, aged 95, after a brief illness, according to a statement from the company he had headed since 1962. His wife, Ellen Gordon, takes over as chief...

  • Jan 21- Tootsie Roll Industries Inc Chief Executive Melvin Gordon died at the age of 95 after a brief illness, the company said, sparking speculation that the candy maker could be acquired. Tootsie Roll, founded in 1896, has a market capitalization of $1.94 billion as of its Tuesday closing price, according to Thomson Reuters data. Gordon, who was CEO since 1962, was...

  • Tootsie Roll says 95-year-old CEO Melvin Gordon dies Wednesday, 21 Jan 2015 | 1:15 PM ET

    Jan 21- Candy maker Tootsie Roll Industries Inc said Chief Executive Melvin Gordon died at the age of 95 after brief illness, sparking speculation the company could be acquired. Tootsie Roll's shares rose as much as 8 percent to $33.28. The board named Gordon's wife Ellen Gordon, who is the company's chief operating officer, as CEO.

  • New govt standards target pathogens in poultry products Wednesday, 21 Jan 2015 | 1:01 PM ET

    The proposed standards announced Wednesday by the Agriculture Department apply to the most popular poultry products— chicken breasts, legs and wings, and ground chicken and turkey. The Agriculture Department says the standards could eventually reduce salmonella and campylobacter illnesses linked to raw poultry by about a quarter, or 50,000 illnesses a...

  • ZURICH, Jan 21- Swiss chocolate maker Barry Callebaut warned on Wednesday the strong Swiss franc could hit its results, after sales revenue rose 15.1 percent in the quarter to November helped by higher cocoa bean prices. Barry Callebaut said it conducted 99 percent of its business outside of Switzerland so had limited operational exposure to the surging franc,...

  • CHICAGO— Melvin Gordon, who helped turn the enduring popularity of the humble Tootsie Roll into a candy empire, has died. The longtime Tootsie Roll Industries Inc. chairman and CEO died Tuesday in Boston after a brief illness, said Brooke Vane, a spokeswoman for the company's public relations firm. Gordon ran the Chicago- based confectioner for 53 years,...

  • FDA banned BPA from babies' bottles. LONDON, Jan 21- The chemical bisphenol A, used to stiffen some plastic food containers, poses no health risk to consumers of any age, including unborn children, at current levels of exposure, Europe's food safety watchdog said on Wednesday. Some studies have suggested possible links to everything from cancer to heart disease to...