Nikkei Reverses Gains, Down by as Much as 3%
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May 23- Campbell Soup Co said on Thursday it had agreed to buy organic baby food maker Plum Organics, as the company behind Goldfish crackers and Campbell's Soup seeks to expand its offerings to the youngest consumers.
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*Sears says CEO to step down, shares rise. Monsanto Co, Apollo Group and Dow component Alcoa Inc start the quarterly season. Monsanto shares rose 3.2 percent to $99 after announcing first-quarter results and the company's outlook.
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*Yum shares fall alongside China sales. *Shares of Yum Brands Inc fell 5 percent to $64.50 in light premarket trading a day after the KFC parent warned sales in China, its top market, shrank more than expected in the fourth quarter. *ConAgra Foods Inc priced a public offering of 8.1 million common shares at $29.75 per share, the foodmaker said on Monday.
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"These proposed regulations are a sign of progress," said Caroline Smith DeWaal, food safety director at the Center for Science in the Public Interest, who has been a critic of the FDA. " The new law should transform the FDA from an agency that tracks down outbreaks after the fact to an agency focused on preventing food contamination in the first place. "
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WASHINGTON, Jan 4- The U.S. Food and Drug Administration on Friday proposed two new food safety rules in an ongoing effort to prevent foodborne illnesses such as E. coli and salmonella poisoning.
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"These proposed regulations are a sign of progress," said Caroline Smith DeWaal, food safety director at the Center for Science in the Public Interest, who has been a critic of the FDA. " The new law should transform the FDA from an agency that tracks down outbreaks after the fact to an agency focused on preventing food contamination in the first place. "
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CHICAGO, Dec 21- As the United States inches closer toward the "fiscal cliff," Iowa farmer Brian Van Meetern is hurriedly selling his grain before year's end and buying a new $50,000 sprayer for his farm.
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"The kiosk is the heart of the company," said Mark Rodriguez, Hickory Farms CEO, discusses the business of holiday gift-giving.
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*Groups want FDA to study long-term impacts, restrict use. In their petition to the FDA, the Center for Food Safety and the Animal Legal Defense Fund called for an immediate reduction in the allowable levels of ractopamine and asked FDA to study the long-term effect of human consumption and the impacts on animals associated with ractopamine.
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NEW YORK, Dec 19- A relatively unknown German holding company this week made its third move on a coffee company as it tries to assemble a juggernaut that can challenge chains like Starbucks Corp and Dunkin' Brands Group Inc.
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Retail executives, Tony Yurgaitis and George Malkemus, of Manolo Blahnik, discuss the outlook on luxury retail this holiday season and how they are fashioning a market for high-end dairy products.
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SAO PAULO, Dec 18- Top global beef exporter Brazil has yet to contain the spread of international fears over mad cow disease that have now spilled into a large importer of Brazilian beef: Saudi Arabia.
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ZURICH, Dec 12- Swiss chocolate maker Barry Callebaut is buying the cocoa business of Singaporean group Petra Foods to reduce its dependence on West African beans as it expands in emerging markets.
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*Barry Callebaut shares drop 2 pct. ZURICH, Dec 12- Swiss chocolate maker Barry Callebaut is buying the cocoa business of Singapore's Petra Foods to reduce its dependence on West African raw materials as it expands in emerging markets.
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The Canada Pork International marketing group said on Friday that the Canadian Food Inspection Agency has provided meat processors with testing guidelines; however, a spokesman for the federal Agriculture Department said the government is only making exporters aware of Russia's requirements.
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WASHINGTON/ BRUSSELS, Dec 11- Can Europeans, who have balked for years at many U.S. food imports, accept a free trade agreement with the United States that opens the door for imports of genetically modified crops and chickens cleaned with chlorine?
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*Canada asking Russia for delay implementing decision. WINNIPEG, Manitoba, Dec 11- Canada is not developing new tests for the feed additive ractopamine in beef and pork exports to Russia, Agriculture Minister Gerry Ritz said on Tuesday, but is leaving shippers to take their own steps to satisfy the new Russian requirement for zero residue.
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CNBC's Kayla Tausche reports the latest details on possible suitors for Hostess Brands.
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CNBC's Kayla Tausche reports on the last day for potential buyers to grab a seat at the Twinkie table.
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Dec 10- McDonald's Corp's sales at established restaurants rose more than expected in November as a renewed emphasis on low-priced menu options, such as $1 Sausage McMuffins and coffee, helped the company bounce back from a rare decline in October, it said on Monday.
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Dec 10- McDonald's Corp's sales at established restaurants rose more than expected in November as a renewed emphasis on low-priced food helped the company bounce back from a rare decline in October, it said on Monday.