NEW YORK, March 10- U.S. stocks were set to open slightly lower on Monday, on the heels of a record high for the S&P 500, following unexpectedly weak data in China which tempered enthusiasm over the strength of the global economy.» Read More
BOCA RATON, Fla., Feb 19- Nespresso is launching a new single-serve coffee brewer that makes larger American-sized portions, putting its Swiss parent Nestle in direct competition with U.S. market leader Green Mountain Coffee Roasters.
Denise Morrison, Campbell Soup president & CEO, provides insight into her company's "tight product strategy," and the state of the consumer right now.
A new bill proposal in California would require warning labels on sugary drinks including soda. State Sen. Bill Monning (D-CA), delves into some of the negative health effects of some sugary drinks, and the bill's potential impact on business.
CHICAGO, Feb 19- Sick of hearing Americans complain about the winter weather? Because the corporate kvetching has only just begun.
As one of the world's largest makers of consumer food products, the Minneapolis- based company has hefty buying power in the marketplace for corn, soy, sugar, oats, and other commodities needed for its packaged food products.
The portion of households reporting purchases of gluten-free food products to Nielsen hit 11 percent last year, rising from 5 percent in 2010. The NYT reports.
Feb 14- Campbell Soup Co, the world's largest soup maker, reported a higher-than-expected quarterly profit, helped by an increase in soup sales during the holiday quarter, sending shares up as much as 7 percent. It also acquired Bolthouse Farms, which makes refrigerated juices and baby carrots in 2012..
Feb 14- Campbell Soup Co reported a 71 percent rise in quarterly profit, as more people bought soup during a spell of harsher-than-usual winter weather in the United States. Net profit attributable to the company rose to $325 million, or $1.03 per share in the second quarter, from $190 million, or 60 cents per share, a year earlier.
*Cuts full-year profit forecast to $5.55- $5.60/ share vs est. Feb 14- J.M. Smucker Co cut its full-year adjusted earnings forecast and said sales would likely fall more than it had expected due to lower selling prices for coffee and peanut butter. Smucker also cut its full-year adjusted earnings forecast to $5.55- $5.60 per share from $5.72- $5.82.
LONDON, Feb 14- As a slowdown in emerging markets takes the shine off shares in consumer goods makers like Nestle, Unilever, Danone and Procter& Gamble, hungry investors have been sampling more of the companies that supply them.
Kraft posted sales that missed Wall Street expectations Thursday.
A shipment the Russian government refused to allow Chobani to send to American athletes in Sochi will be donated to food banks. NYT reports.
Insects have been eaten in various parts of the world for centuries, but as CNBC's Kelley Holland reports, some start-ups are hoping to convince Westerners to give "creepy-crawlers" a try.
Feb 13- Burger King Worldwide Inc, known for its Whopper hamburgers, reported a better-than-expected 37 percent jump in quarterly profit as new products, including the Big King sandwich and Satisfries french fries, drew customers in North America.
Insects as a food source? Social entrepreneurs say eating bugs is good for the planet and great for personal nutrition.
*Wellness is "major, major platform of growth"- Nestle CEO. LONDON, Feb 13- Swiss food giant Nestle's deeper dive into healthcare by taking over the dermatology joint venture it had with L'Oreal suggests further deals in the space are likely.
Feb 13- Burger King Worldwide Inc, known for its Whopper hamburgers, reported a 37 percent jump in quarterly profit, as new products drove the company's same-restaurant sales growth in North America. Burger King's net income rose to $66.8 million, or 19 cents per share, in the fourth quarter ended Dec. 31 from $48.6 million, or 14 cents per share, a year earlier.
The move to redefine Israel's corporate landscape comes after 400,000 people took to the streets in 2011, the largest protest in Israeli history, angered by the high cost of living.
Mondelez reported a fourth-quarter profit shy of Wall Street expectations as the maker of Oreo cookies struggled with weak cookie sales in China.
TORONTO, Feb 12- Mexico's Grupo Bimbo will buy Canada Bread Company for C $1.83 billion in cash, allowing the Canadian company's parent Maple Leaf Foods to focus on its meat products business, Canada Bread said on Wednesday.