NEW YORK, Feb 28- In his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America. Within 10 to 20 years, Buffett said, Berkshire's girth could require whoever then runs the Omaha, Nebraska- based company to consider steps...» Read More
A new report says unless the world increases its agriculture production now, a growing population may not have enough food by 2050.
CHICAGO, Oct 15- A leading U.S. pork association will use an online marketing campaign to counter a critical television documentary on antibiotics use in livestock, pointing consumers to industry-funded websites that defend the practice, according to an association email. "The industry will tie any consumer searches for' PBS Frontline' and' Antibiotics' to the...
Domino's CEO J. Patrick Doyle discusses the outlook for its virtual assistant "Dom," the high price of cheese and the consumer picture.
The Golden State's lack of water is making some pumpkin farmers feel they are at the end of their rope when it comes to growing the crop.
Oct 8- Restaurant chain operator Ruby Tuesday Inc swung to a first-quarter profit after five straight quarters of losses as more customers visited its casual dining restaurants, driving better-than-expected same-restaurant sales. Same-restaurant sales rose 6 percent at the company's 31 domestic Ruby Tuesday franchise restaurants, compared with a year...
Oct 8- Restaurant chain operator Ruby Tuesday Inc reported a first-quarter profit compared with a year-ago loss, helped by an increase in same-restaurant sales. Same-restaurant sales rose 6 percent at the company's 31 domestic Ruby Tuesday franchise restaurants, compared with a year earlier. Ruby Tuesday reported a net profit of $2.6 million, or 4 cents per...
David Palmer, RBC Capital Markets, thinks Yum! Brands is a buy, despite same-store sales in China falling 14 percent in Q3 due to a food safety scare.
SAO PAULO, Oct 6- Brazilian cellphone tower operator T4U Holding Brasil SA delayed the pricing of a 500 million-real initial public offering for a month as concern over the nation's presidential election hampered sentiment ahead of investor meetings, two sources with direct knowledge of the deal said on Monday. T4U, which is controlled by Israel's Fishman...
CNBC's Jane Wells spoke to Sprouts Farmers Market CEO Doug Sanders about competition in the organic space and the impact of food inflation on the business.
WASHINGTON/ TOKYO, Sept 26- U.S.- Japan trade talks hit a rough patch this week with both sides blaming the other for a stalemate over farm exports, a major hurdle in concluding an ambitious 12- nation trade pact.
HONG KONG, Sept 26- Hong Kong's benchmark share index closed at a two-month low after posting its biggest weekly loss since March, with investors retreating as the U.S. dollar gained strength.
HONG KONG, Sept 26- Hong Kong's main share index opened down on Friday following New York's fall, but losses were pared by rebounding casinos, while mainland markets were tepid. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.4 percent.
Sept 25- At least six state investment firms are interested in buying the property assets of restaurant and packaged food company Bob Evans Farms Inc, the Wall Street Journal reported, citing people familiar with the matter.
Pabst Brewing Co. sold to a Russian beverage firm after a century and a half of American ownership.
BRASILIA/ SAO PAULO, Sept 19- Brazil's financial markets have rallied on the prospect of environmentalist Marina Silva unseating President Dilma Rousseff in next month's election, but political donations show plenty of companies may be wary of a new administration.
NEW YORK, Sept 19- Though diet studies disagree about what's worse for you, carbohydrates or fat, most say nice things about eating protein, including its potential for better weight control. In July, Taco Bell started selling high-protein meals, which contain Greek yogurt options and twice the meat as in its traditional burritos and bowls.
HONG KONG, Sept 19- Shares in China's largest auto rental company CAR Inc surged as much as 28 percent in their Hong Kong trading debut on Friday as investors scrambled for exposure to a market expected to almost double to $11 billion by 2018..
NEW YORK, Sept 18- Consumer staples stocks were edging higher heading into the latter stages of trading, as ConAgra shares climbed in the wake of its quarterly earnings.
Sept 18- ConAgra Foods Inc, the maker of Hunt's Ketchup and Chef's Boyardee pastas, on Thursday reported a higher-than-expected quarterly profit and said its consumer foods business was recovering. Net income rose to $484.5 million, or $1.12 per share, in the first quarter ended on Aug. 24 from $147.2 million, or 34 cents per share, a year earlier.
Net income rose to $484.5 million, or $1.12 per share, from $147.2 million, or 34 cents per share, a year earlier.