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
Sept 17- General Mills Inc reported lower-than-expected quarterly profit and revenue as the maker of Cheerios cereal and Betty Crocker cake mixes lost further ground to cheaper store-branded foods amid rising demand for alternative breakfast options.
DUBAI, Sept 16- The opening of Saudi Arabia's stock market to direct foreign investment early next year is set to coincide with a pick-up in earnings growth in the kingdom, which has lagged the region in the past few years.
LONDON, Sept 14- A chance to buy the candy empire of Ukrainian President Petro Poroshenko is the kind of opportunity in a fast-growing market that would normally have multinational confectioners- like Nestle or Cadbury's parent Mondelez- drooling at the prospect.
Goldman Sachs and Credit Suisse are the lead underwriters for the IPO, the New Jersey- based company said in a filing with the U.S. Securities and Exchange Commission on Friday. Freshpet's filing listed private equity firm MidOcean Partners LP and Tyson Foods Inc, the largest U.S. meat processor, as investors.
Discussing the improving trends in the restaurant industry, and the best stocks to own in the space, with Bob Derrington, Wunderlich Securities analyst.
FMHR traders Jon Najarian and Joe Terranova, debate how to play Darden Restaurants.
Sept 12- Olive Garden owner Darden Restaurants Inc on Friday reported a quarterly loss, but its results were overshadowed by activist investor Starboard Value LP's release of its revised plan to boost Darden's profit and stock price.
Whole Foods co-CEO Walter Robb, discusses the decline in his stock versus Kroger shares. Robb says growth at the company is in a good place ahead of the fall season.
Sept 12- Darden Restaurants Inc posted a quarterly loss a day after the Olive Garden chain owner received an action plan from activist investor Starboard Value LP to boost its share value. Customer visits to Olive Garden restaurants fell in every month of the quarter ended Aug. 24 as competition remained intense.
Sept 12- Darden Restaurants Inc reported a quarterly loss after same-restaurant sales fell again at its Olive Garden chain, which contributes about two-thirds to profit.
Take a look at the new "black burger" at Burger King in Japan.
Banks and investors have already criticized Europe for diverging from agreed international standards and have warned that the European proposal could increase the cost of trading over-the-counter derivatives, such as interest rate swaps, in Asia by hundreds of billions of dollars, threatening systemic stability and potentially forcing EU banks out of the Asian OTC derivatives markets.
The ongoing drought in California is cutting back the state's rice crop. It's gotten so bad, one rice farmer said they might have to sell the land.
Shares of McDonald's are down again. CNBC's Jim Cramer weighs in on the food chain.
*Windsor Quality acquisition would be biggest for Ajinomoto. *Ajinomoto shares up 1.7 percent after news. TOKYO, Sept 10- Japan's Ajinomoto Co Inc said on Wednesday it would buy unlisted U.S. frozen foods maker Windsor Quality Holdings for around $800 million as it seeks to expand in North America to offset slowing growth at home.
Credit Suisse and Barclays are the IPO's lead underwriters, the company said in a filing with the U.S. Securities and Exchange Commission. Performance Food markets and distributes food and food products to restaurants such as Subway, TGI Friday's, Wendys Co, and Yum Brands Inc as well as to hotels, schools, hospitals and other institutions.
Sept 9- Food distributor Performance Food Group Co filed with U.S. regulators on Tuesday to raise up to $100 million in an initial public offering of common stock. Credit Suisse and Barclays are the lead underwriters of the offering, the Richmond, Virginia- based company told the U. S Securities and Exchange Commission in a preliminary filing.
MOSCOW, Sept 9- Russian farming conglomerate Rusagro Group hopes the state will help it boost pork output to replace Western imports banned in tit-for-tat moves over Ukraine, but is still waiting for funds from a previous subsidy program.
Sept 9- The parent of White Rose Inc, one of the biggest independent food distributors in the New York City area, on Tuesday filed for bankruptcy and said it had agreed to sell substantially all its assets to C&S Wholesale Grocers Inc, one of the largest privately held U.S. companies.
Sept 9- McDonald's Corp reported a fall in sales at established restaurants across all regions in August, the fifth such monthly drop since CEO Don Thompson took the helm in July 2012.