So far no other prominent Western brand has reported extra scrutiny from the Russian authorities, but some say they are worried.» Read More
Some of the biggest names in Corporate America, including Coca-Cola Co, General Motors Co, United Technologies Corp and McDonald's Corp all in the past week reported strong results from their China operations.
April 22- KFC parent Yum Brands Inc on Tuesday said first-quarter sales at established restaurants in China, its top market, rose 9 percent, roughly in line with expectations, as it recovers from an avian flu outbreak and a food safety scare last year that pummeled demand for chicken.
April 22- Darden Restaurant Inc has 60 days to call a shareholder meeting to vote on activist investor Starboard Value LP's proposal to delay the company's plan to spin off its struggling Red Lobster chain, CNBC reported.
WASHINGTON/ TOKYO, April 22- A meeting between U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe this week in Tokyo may not seal one of the world's biggest trade pacts, but it could give it a much-needed boost.
April 22- McDonald's Corp posted a lower quarterly profit on Tuesday as high beef costs bit into margins and fewer customer visits resulted in a bigger-than-expected decline in sales at the fast-food chain's established U.S. restaurants.
April 22- McDonald's Corp posted a lower quarterly profit on Tuesday as sales at the fast-food chain's established U.S. restaurants fell more than expected on fewer customers. In the Asia Pacific, the Middle East and Africa region, same-store restaurant sales rose 0.8 percent, compared to analyst projections for a 0.5 percent increase.
McDonald's reported Q1 EPS of $1.21 on revenue of $6.7 billion. RJ Hottovy of Morningstar, still sees value in the stock.
April 22- McDonald's Corp on Tuesday reported a lower quarterly profit as sales at the fast-food chain's established U.S. restaurants fell more than expected. First-quarter sales at restaurants open at least 13 months rose 0.5 percent worldwide, helped by gains in Europe.
McDonald's is reporting Q1 EPS of $1.21 on revenue of $6.700 billion, with the "Squawk Box" crew.
CHICAGO, April 21- A plan in the new U.S. farm law to help dairy farmers limit losses from rising feed costs or falling milk prices may become a model in coming years for livestock producers who have resisted similar types of insurance.
A devastating disease is putting the world's banana crop at serious risk and threatening the income of millions of people.
WASHINGTON, April 18- In an expected move, the U.S. Department of Agriculture on Friday announced new measures to combat the spread of disease in the U.S. pig population. USDA will also require tracking movements of pigs, vehicles, other equipment leaving affected premises.
April 17- With the Chicago weather finally getting a little nicer, Chris Anderssen wanted to grill some burgers outside for a group of family and friends. Retail beef and pork prices reached all-time highs last month, according to Bill Hahn, agricultural economist at the U.S. Department of Agriculture's Economic Research Service.
NBC's Stephanie Gosk reports the domestic cattle herd is the smallest it has been since 1951. The biggest culprit is California and the Southwest's record water shortages.
*First-quarter EPS $2.64 vs est. *Sales rise 24.4 pct to $904.2 mln; same-restaurant sales rise 13.4 pct. April 17- Chipotle Mexican Grill Inc raised its full-year sales forecast after reporting better-than-expected quarterly revenue as sales surged at established restaurants.
April 17- Cereal maker Post Holdings Inc said it will buy egg and dairy producer and distributor Michael Foods Inc for $2.45 billion in its largest-ever deal.
Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.
Unlike bills passed last year in Maine and Connecticut, which require other states to pass GMO labeling laws before they can be enacted, Vermont's contains no such trigger clause.
The bacon 'n' cheese sandwich that used two fried chicken filets instead of a bun is back at KFC, USA Today reports.
Shipbuilder Sainty Marine Corp Ltd on Tuesday became the latest listed firm to report that it had failed to receive principal and interest repayments on a 900 million yuan loan to a property developer. The same day, Qiaqia Food Co Ltd announced that it would launch a lawsuit against another food producer for failing to pay interest on a 40 million yuan loan.