BROOMFIELD, Colo.-- The WhiteWave Foods Co. said Friday that it filed plans for a secondary offering of 29.9 million shares of its stock currently held by one-time parent company Dean Foods Co. The company has granted the option to underwriters to buy an additional 4.5 million shares of stock.» Read More
NEW YORK-- Shares of Coca-Cola Enterprises Inc. fell Tuesday after the independent bottler warned that economic factors that have "dampened" its fiscal second-quarter expectations.
*Mondelez looking to tap premium coffee market. *Mondelez forecasts $1 bln of sales for Tassimo machine. ZURICH, June 11- Mondelez International, the world's second-biggest coffee maker, is going head to head with larger rival Nestle by launching capsules compatible with its Nespresso system to steal a share of the premium coffee market.
The maker of Remy Martin cognac and Cointreau liqueur, however, remained confident over its longer-term prospects in China and the United States, where solid demand drove an expected 12 percent rise in annual underlying profit.
BEIJING, June 9- Bruno Paumard, the cellar master at a vineyard in China, can't stop laughing while describing a bottle of supposedly French wine a friend gave him two years ago. "It's the most magnificent example of a hijacked brand of wine I've ever seen," says Paumard, who works with Chateau Hansen in China's Inner Mongolia. "
BEIJING, June 9- Bruno Paumard, the cellar master at a vineyard in China, can't stop laughing while describing a bottle of supposedly French wine a friend gave him two years ago. Liquor stores, restaurants and supermarkets in China, the world's most populous nation and fifth-largest wine consumer, wage a constant battle against fake wines.
Anheuser-Busch InBev said Friday that it completed its $4.75 billion sale of Grupo Modelo's U.S. beer business to Constellation Brands Inc.. The deal was struck to satisfy the Department of Justice's anti-competitive concerns about Anheuser-Busch InBev's larger purchase of Mexican brewer Grupo Modelo.
COLUMBIA, S.C.-- Visitors can now quaff a hefty brew while touring a brewery in South Carolina, and the people who make beer are celebrating. "It changes everything about the way we operate," said Jaime Tenny, co-owner of COAST Brewing Co. in Charleston. " That wasn't profitable, said Tenny, also president of the state Brewers Association.
HANOI, June 7- Vietnam's Intimex Group plans to expand its overseas business and hopes to list abroad, after wresting control of the country's coffee market in the past two years from foreign-invested firms.
NEW YORK-- PepsiCo is shooting down a report that the company is in talks to buy SodaStream, an Israeli company that makes at-home carbonation machines. PepsiCo Inc. spokesman Jeff Dahncke said the report in an Israeli newspaper is "completely and totally untrue."
Speculation that PepsiCo is in talks to buy Israel's SodaStream is "totally and completely untrue," PepsiCo CEO Indra Nooyi tells CNBC.
In a step targeting southern European states such as France and Italy that back duties but largely sparing northern countries such as Germany that oppose them, Beijing launched an anti-dumping and anti-subsidy inquiry into sales of European wine.
Squawk Box Europe anchors react to the news that the Spanish government has called an end of subsidized cocktails for its parliament members.
HONG KONG, June 5- Hong Kong shares were poised to start lower on Wednesday, with Chinese food and beverage giant Tingyi Holdings, the top Hang Seng Index component, shedding 2 percent. The Hang Seng Index was set to open down 0.7 percent at 22,141.7 points.
Small bi-coastal chains Intelligentsia, Blue Bottle Coffee and Stumptown Coffee Roasters lead the so-called "third wave" or "slow coffee" movement, while industry behemoth Starbucks Corp shows off its craft roots selling limited-supply "reserve" coffees for up to $50 for a half-pound bag.
WASHINGTON, May 31- The United States on Friday blacklisted companies in Iran's petrochemical industry, sending a warning signal to its global customers and representing the latest effort by Washington to cut funds to the Islamic Republic's nuclear program.
France's Elysee Palace is set to auction off more than $325,000 of wine Thursday. But as CNBC's Tom Mackenzie reports, the sale isn't just about sharing the French's love of wine.
CHENGDU, China, May 29- Chinese baijiu, a flammable, pungent white liquor averaging a 110- proof wallop, is the world's most consumed form of liquor thanks to its popularity in China, but for the first time distillers are looking to develop export markets.
*Suntory unit approved to list on Tokyo exchange on July 3. May 29- Suntory Holdings Ltd received approval to list its core food and non-alcoholic beverage unit in Tokyo, paving the way for Asia's largest initial public offering this year worth $4.4 billion.
May 29- Suntory Holdings Ltd will get the green light to list its food and non-alcoholic beverage unit in Tokyo as it prepares to raise about $5 billion in Asia's largest initial public offering this year.
CNBC reports on China's recognition of Champagne as a brand, thus limiting the use of the name by copycats.