PENNSAUKEN, N.J. _ J&J Snack Foods Corp. on Monday reported fiscal first-quarter profit of $11.3 million. J&J Snack Foods shares have increased nearly 5 percent since the beginning of the year. Keywords: J&J Snack Foods, Earnings Report.» Read More
A judge overturned California's foie gras ban, but reactions were mixed.
Executives at the New York- based Brazilian investment firm are discussing the possibility of buying a food or beverage company such as Campbell Soup Co or even PepsiCo Inc, the newspaper reported. 3 G could collaborate with brewing company Anheuser-Busch InBev or end up taking only pieces of PepsiCo, which has a market capitalization of about $140 billion, the...
SHANGHAI, Jan 7- Food and drug safety in China is "grim" and will get stronger oversight, the food and drug regulator said on Wednesday, after a series of scares last year hit the reputations of global firms such as McDonald's Corp and Wal-Mart Stores Inc.. Safety scares have affected the reputations and China sales of global companies from U.S. fast-food chains...
Sushi chain owner Kiyoshi Kimura bought a giant Pacific bluefin tuna for $37,500 at an auction at the Tsukiji fish market in Tokyo.
It's 2015, and that means that eggs sold commercially in California now must come from chickens that have twice as much room to move around.
An organic food craze is emerging among Chinese urbanites as safety woes spur the younger generation toward alternative ways to buy produce and meat.
America's egg producers will have to give chickens more room if they want to sell their eggs in California starting January 1, reports CNBC's Jane Wells.
DUBAI, Dec 31- Emerging markets private equity firm Abraaj Group will pull out of the bidding process for the acquisition of Egypt's Bisco Misr, Abraaj said on Wednesday. The company had been involved in a bidding war with Kellogg Co, the world's largest breakfast cereal maker, for the purchase of as much as 100 percent of the Egyptian snack maker.
Japan says the french fry shortage in Japan has been alleviated, reports CNBC's Andrew Ross Sorkin.
CAIRO, Dec 24- Kellogg Co, the world's largest maker of breakfast cereals, raised its bid for Egyptian snack maker Bisco Misr on Wednesday, topping a rival offer from UAE's Abraaj in an intensifying $144 million takeover battle. Kellogg's latest bid, for 89.86 Egyptian pounds per share, came on the heels of an offer earlier in the day by Abraaj Asset Management for...
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...
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.
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.
Sally Smith, Buffalo Wild Wings CEO, discusses how rising chicken prices and labor costs are impacting the company's bottom line.
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.
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.
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.
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.