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Food Products


  • WASHINGTON, Dec 24- The proposed merger of Sysco Corp and US Foods Inc hinges on the top two U.S. food companies helping to turn a far smaller rival into a national player to ease antitrust concerns, but the gap may be too big, analysts said. Sysco and US Foods, the only two companies with national distribution to hospitals, restaurants and schools, have been discussing...

  • Future of food   Tuesday, 23 Dec 2014 | 3:00 PM ET
    Future of food

    What will consumers of the future be like and how will they do everyday things like get groceries? Sara Eisen tells us about future possibilities for food.

  • Chefs Boulud & Ripert talk new cookbook & gluten free

    Four of the world's most celebrated chefs are out with a new series of cookbooks highlighting their best recipes. Daniel chef & owner Daniel Boulud, and Le Bernardin chef Eric Ripert, discuss the book, the fine dining space and trends in the restaurant industry.

  • BWLD's 'winging' strategy   Friday, 19 Dec 2014 | 7:47 AM ET
    BWLD's 'winging' strategy

    Sally Smith, Buffalo Wild Wings CEO, discusses how rising chicken prices and labor costs are impacting the company's bottom line.

  • Festive drinks for your office party!   Friday, 19 Dec 2014 | 4:40 AM ET
    Festive drinks for your office party!

    Tonight is the most popular night for the Christmas office party. Dustin MacMillan, head of creative at Hix Restaurant Group, shows you how to make a straight up martini, made from cow's milk vodka; and a traditional boozy eggnog to get you in the festive mood.

  • Invest in the holiday drink   Friday, 19 Dec 2014 | 4:15 AM ET
    Invest in the holiday drink

    From an investment perspective, how can you find opportunity in popular festive cocktails? Trevor Stirling, European beverages analyst at Sanford C. Bernstein, says we've moved away from gummy bear and cookie dough flavoured vodkas, towards flavoured whisky.

  • Unilever drops mayonnaise suit against Just Mayo maker Thursday, 18 Dec 2014 | 8:33 PM ET

    Dec 18- Unilever Plc's U.S. division said it has withdrawn its lawsuit against food startup Hampton Creek over false advertising and unfair competition related to its Just Mayo product. Unilever, famous for its mayonnaise brand Hellmann's, had filed a suit against Hampton Creek earlier this year accusing the company of advertising Just Mayo, an eggless spread,...

  • Dec 18- Kraft Foods Group Inc on Thursday said Tony Vernon would retire as chief executive officer later this month, with Chairman John Cahill succeeding him as the company battles sluggish demand for packaged food products in the United States. Kraft shares rose 6.4 percent to close at $63.38, an all-time high since the company was spun off from Mondelez...

  • *Sees private-label profit recovery in year ending May 2016. *2nd- qtr sales $4.15 bln vs est $4.20 bln. Dec 18- ConAgra Foods Inc reported sales below market estimates due to weak demand for its branded products and said recovery in its private-label business would take longer than expected.

  • UPDATE 1-ConAgra Foods quarterly sales miss estimates Thursday, 18 Dec 2014 | 9:13 AM ET

    Dec 18- ConAgra Foods Inc reported quarterly sales that missed estimates due to weak demand for branded foods and said recovery in its under-performing private-label business would take longer than expected. Shares of the company, whose brands include Chef Boyardee and Healthy Choice, fell 1.2 percent to $36.66 in premarket trading on Wednesday.

  • ConAgra Foods quarterly sales fall 2 percent Thursday, 18 Dec 2014 | 7:56 AM ET

    Dec 18- ConAgra Foods Inc reported a 2 percent fall in quarterly net sales, due to weak demand for branded foods such as Hunt's ketchup and Bertolli pastas and frozen meals. Net income attributable to the company fell to $10 million, or 2 cents per share in the second quarter ended Nov. 23, from $248.7 million, or 58 cents per share, a year earlier. Net sales for the company,...

  • PARIS, Dec 18- Supermarkets group Carrefour has sold a 10 percent stake in its Brazilian business to billionaire Abilio Diniz, securing local retail expertise to support growth in its second largest market and in a first step towards a separate listing. Carrefour said the transaction had closed, and that "this opening of the capital of the Brazilian subsidiary...

  • SAO PAULO, Dec 17- Brazilian billionaire Abilio Diniz agreed to buy a 10 percent stake in Carrefour SA's Brazilian unit, a source with direct knowledge of the situation said on Wednesday, potentially strengthening its ability to take on the supermarket chain Diniz's father founded. Under terms of the deal, Diniz, whose Peninsula ParticipaƧƵes holding...

  • *Olive Garden 2nd- qtr same-store sales up 0.5 pct. Dec 16- Darden Restaurants Inc, whose entire board was replaced by activist investor Starboard Value LP, reported a 4.9 percent rise in quarterly sales and raised the lower end of its adjusted profit forecast for the full year. Darden said it now expects adjusted profit of $2.25- $2.30 per share from continuing...

  • Dec 16- Darden Restaurants Inc reported a 4.9 percent rise in quarterly sales, helped by higher comparable sales at its flagship Olive Garden chain, and raised the lower end of its adjusted profit forecast for the full year. The company has suffered more than a year of traffic declines at Olive Garden, which accounts for more than half of Darden's overall revenue...

  • Campbell Soup innovates with organics   Tuesday, 16 Dec 2014 | 4:27 PM ET
    Campbell Soup innovates with organics

    Campbell Soup Company CEO Denise Morrison, shares her consumer forecast, and discusses how her company is making products more available to consumers.

  • NEW YORK/ SINGAPORE, Dec 16- Olam International Ltd will buy Archer Daniels Midland Co's cocoa business for $1.3 billion, catapulting the Singapore- based commodities firm into the top tier of global suppliers to the growing chocolate business. The deal would be Olam's biggest ever and mark a dramatic turnaround after an attack two years ago on its acquisition...

  • Snack wars: Would you eat a chip made from beans? Monday, 15 Dec 2014 | 10:03 AM ET
    Beanitos bean chips

    Salty snacks are a $16 billion business, but Americans are increasingly looking for something healthier. Like beans.

  • Chips made from beans   Monday, 15 Dec 2014 | 8:43 AM ET
    Chips made from beans

    CNBC's Jane Wells reports it costs a lot more to make chips from beans than it does from corn or potatoes, but Beanitos is heating up the snack wars.

  • Pricey lobsters & worn out cows   Monday, 15 Dec 2014 | 8:40 AM ET
    Pricey lobsters & worn out cows

    Fisherman expect this year's lobster supply to drop significantly, and Japan says cows are tired out causing a butter shortage, with "Squawk Box."