CHICAGO, May 22- The world's largest corn processor, Archer Daniels Midland Co, is shifting focus from its long-standing cash generator ethanol into developing new food ingredients as the biofuel boom that underpinned its financial success has cooled. "Coming up with new products is really what keeps us up at night," said Chris Cuddy, president of corn processing.» Read More
Starting Monday, a national campaign will launch for DairyPure, placing all of the milk produced at Dean Foods' regional dairies under one label.
Food deliveries spike during the last week of studying before the end of the semester.
Foreign supermarket and hypermarket chains are struggling to compete in China, moving to revamp store formats and sell online. The Financial Times reports.
Erin Lash, senior equity analyst of consumer packaged goods at Morningstar, says factors including commodity cost headwinds have impacted Kraft earnings.
*Weak numbers hit BBVA, BAT, Delhaize. LONDON, April 29- European shares gave away early gains to trade slightly lower on Wednesday as investors digested a batch of mixed corporate results from bank BBVA and UK retailer Next, among others. Yet the early rise quickly fizzled out, with BBVA, British American Tobacco and Belgian supermarket group Delhaize among the...
LONDON, April 29- British supermarket operator Sainsbury's on Wednesday rejected any allegations against its chief executive after the Times newspaper reported that Mike Coupe had been sentenced in absentia to two years in an Egyptian jail. "We are aware of media coverage today outlining a legal case in Egypt brought against our chief executive, Mike Coupe,"...
Kraft Foods reported earnings that beat expectations on Tuesday, although revenue was slightly down.
April 27- AB Acquisition LLC, the holding company that owns Safeway Inc, has hired IPO bankers to plan an initial public offering for the grocery store chain later this year, CNBC reported, citing sources with knowledge of the matter. AB Acquisition is controlled by private equity firm Cerberus Capital Management, Kimco Realty Corp, Klaff Realty, Lubert-Adler...
Don't throw out that odd shaped fruit. A new movement called "love ugly food" wants you to change your behavior and embrace the ugly.
A look at the best coffee, burger, tech and overall brands in 2015.
With summer nearing, Sonic is about to expand its Candy Slush into a full-fledged beverage platform, reports USA Today.
Aaron Allen, restaurant consultant at Aaron Allen and Associates, says McDonald's first-quarter earnings show the Golden Arches lagging behind on every key performance metric.
Organic food often costs more than the standard alternative. Here's when shelling out the money makes the most sense—and how to save.
Bruno Monteyne, senior analyst at Bernstein, remains positive on Tesco despite its £6.4bn loss, saying this is the "final act of cleaning up" for the company.
Starbucks has some brilliant strategies but it's missing out big time on one opportunity, says this former Goldman tech analyst.
CNBC's Meg Tirrell on McDonald's quarterly results.
Stephen Anderson, senior analyst at Miller Tabak, says he expects to see another tough quarter from McDonald's, and that the next quarter will be the "true test" for the new CEO.
Tom Gearing, owner of Cult Wines, says that with prices having fallen in wine, there's some good opportunities when it comes to investing in fine wine, with Burgundy definitely grabbing attention with its good performance.
LONDON, April 22- Britain's biggest retailer Tesco posted the worst annual loss in its 96- year history on Wednesday after writing down the value of its stores by 4.7 billion pounds. Also hurt by an accounting scandal and sliding sales due to pressure from discounters and a brutal price war the supermarket made a statutory pretax loss of 6.38 billion pounds in...
RJ Hottovy, global director of Consumer Equity Research at Morningstar, explains why Yum's first-quarter earnings may have alleviated concerns over last year's food scandal.