NEW YORK, Dec 9- U.S. stocks advanced modestly on Monday after positive Chinese trade and inflation data, while remarks by top Federal Reserve officials about the outlook for slowing the Fed's stimulus had little impact on the market.» Read More
Time Warner Cable and CBS just can't make a deal; JetBlue is adding premium seat options for certain transcontinental flights; and Google's Sergey Brin is funding a project to make test-tube meat. CNBC's John Carney and Bob Pisani, discuss.
A Netherlands-based researcher has produced lab-grown, cruelty-free meat. But will vegans and vegetarians be lining up for a serving of the engineered food product?
Aug 5- Tyson Foods Inc's third-quarter profit more than tripled, beating Wall Street expectations, as strong demand for chicken and beef more than made up for a drop in sales of pork, sending its shares up 5 percent before the bell. Net income from continuing operations rose to $249 million, or 69 cents per share, from $79 million, or 22 cents per share, a year earlier.
Aug 5- Tyson Foods Inc's third-quarter profit more than tripled as chicken sales rose, sending its shares up 4 percent before the bell. Net income from continuing operations at Tyson, the largest U.S. meat processor, rose to $249 million, or 69 cents per share, from $79 million, or 22 cents per share, a year earlier. Sales rose 6 percent to $8.73 billion.
Aviva, which aims to cut costs by 400 million pounds by year-end, is in the process of hiring corporate advisors to find buyers for its 26 percent stake in Aviva Life, its venture with Dabur Group, the sources told Reuters. Dabur Group owns personal care and food products manufacturer Dabur India Ltd..
New Zealand's Fonterra, a leading exporter of dairy products found bacteria that could cause food poisoning in some products that had been sold to China, reports CNBC's Eunice Yoon.
WELLINGTON, Aug 5- The New Zealand dollar and units in dairy giant Fonterra's shareholders' fund slid on Monday after bacteria that can cause botulism was found in some dairy products, raising safety concerns about the country's top export earner.
Aug 2- Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit rose 46 percent, reflecting improvement in such businesses as car insurance, energy and railroads, and gains from investments and derivatives. Net income rose to $4.54 billion, or $2,763 per Class A share, from $3.11 billion, or $1,882 per share, a year earlier.
A bear stole a dumpster in Colorado, and it wasn't the first time this particular bear did it, reports CNBC's Tyler Mathisen.
Aug 2- Chili's Grill& Bar parent Brinker International Inc reported a better-than-expected quarterly profit and forecast higher earnings for fiscal 2014, sending its shares up as much as 8 percent to an all-time high.
The company, backed by private equity firm Apollo Global Management LLC, was worth about $5.60 billion at the highest trading price on Thursday morning. Sales of natural and organic food in the United States rose about 12 percent annually between 1997 and 2011, when the market was worth about $43 billion, according the Nutrition Business Journal.
Salad mix is being blamed for sickening more than 400, but officials won't name the brand, leaving consumers wondering how to best protect themselves.
Aug 1- Food company Kellogg Co trimmed its 2013 sales forecast on Thursday, citing weaker demand in the United States and the stronger dollar. Net income rose to $352 million, or 96 cents per share, in the quarter from $324 million, or 90 cents per share, a year earlier. Both Kellogg and its main cereal rival, General Mills, have recently launched breakfast drinks.
July 31- Burger King Worldwide Inc reported a higher-than-expected rise in quarterly profit, helped by a sharp fall in costs as the world's second-biggest hamburger chain finished selling most of its restaurants to franchisees. McDonald's Corp and most other fast-food restaurants franchise virtually all of their restaurants.
WINNIPEG, Manitoba, July 31- Canadian food processor Maple Leaf Foods reported a quarterly loss on Wednesday as sales fell in its meat products and protein units, the company said. Net earnings for the second quarter fell to nil, or a loss of 2 Canadian cents a share, from a profit of C $26 million, or 17 Canadian cents, a year before.
*Japan world's No.2 tea market by value-Euromonitor. ZURICH, July 31- Global food company Nestle is to launch its high-tech tea-maker, modelled on its Nespresso coffee brewer, in Japan, the first time the product will go on sale in a big tea-drinking country. These will go on sale on the brand's Japanese website from next month and in shops in Japan from September.
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, July 31- Palm oil futures in Malaysia may have enjoyed their best day in seven months, but Tuesday's gains are unlikely to be the harbinger of sustained higher prices.
July 30- DineEquity Inc, the owner of Applebee's and IHOP restaurants, reported second-quarter profit on Tuesday that handily beat Wall Street estimates on better-than-expected sales at established restaurants. Net income was $16.6 million, or 87 cents per share, compared with $15.9 million, or 88 cents per share, a year earlier.
July 30- DineEquity Inc, the owner of Applebee's and IHOP restaurants, on Tuesday reported second-quarter profit that handily beat Wall Street's view on better-than-expected sales at established restaurants. Net income was $16.6 million, or 87 cents per share, compared with $15.9 million, or 88 cents per share, a year earlier.
Members of the House Committee on Energy and Commerce wrote to Smithfield on July 24 asking the company to turn over information on its production of crude heparin, the raw ingredient used to make the drug.