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Packaged Food and Meats

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  • ZURICH, April 3- Barry Callebaut, the world's biggest chocolate maker, reported a rise in half-year profits on Thursday, boosted by the turnaround of the Petra Foods' cocoa business it bought over a year ago, and reaffirmed its medium-term sales growth target.

  • ZURICH, April 3- Barry Callebaut, the world's biggest chocolate maker, reported a rise in half-year profits on Thursday, boosted by the turnaround of the Petra cocoa business it bought over a year ago, and reaffirmed its medium-term sales growth target.

  • Zenobia Godschalk, an Atlanta mother of two young boys, stopped buying Kraft's "mac and cheese" after reading its complicated ingredient list. Kraft Foods Group Inc still dominates the category, but the battle for the hearts and minds of American mac-and-cheese lovers may become a new front in a running war in the $360 billion U.S. packaged food industry.

  • March 14- U.S. packaged foods group General Mills Inc estimated third-quarter earnings below analysts' expectations as it faces increased competition from store brands and spends more on marketing its yogurts.

  • March 14- U.S. packaged foods group General Mills Inc warned third-quarter earnings would fall below analysts' expectations as it faces increased competition from store brands and spends more on marketing its yogurts.

  • General Mills warns on third-quarter profit Friday, 14 Mar 2014 | 7:09 AM ET

    March 14- U.S. packaged foods group General Mills Inc estimated quarterly earnings below analysts' expectations due to lower sales volumes and increased marketing spending in its U.S. yogurt business.

  • BOCA RATON, Fla., Feb 18- U.S. packaged foods group General Mills is looking to expand its business in faster-growing emerging markets, it said on Tuesday, as growth in its home market remains weak.

  • 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.

  • BOCA RATON, Fla., Feb 18- U.S. packaged foods group General Mills is looking to expand its business in faster-growing emerging markets, it said on Tuesday, as growth in its home market remains weak. "We continue to look at tuck-in opportunities around the world," Chief Executive Ken Powell said on Tuesday at a conference in Boca Raton, Florida.

  • Chobani will donate yogurt intended for Olympians Thursday, 13 Feb 2014 | 10:32 AM ET
    Chobani Inc. greek yogurt at a supermarket in Princeton, Illinois.

    A shipment the Russian government refused to allow Chobani to send to American athletes in Sochi will be donated to food banks. NYT reports.

  • How the farm bill will impact what's for dinner Saturday, 8 Feb 2014 | 9:37 AM ET

    Look no further than your dinner plate to understand how the new farm bill affects you.

  • Iran parliament backs Rouhani plan for subsidy cuts Thursday, 6 Feb 2014 | 9:20 AM ET

    DUBAI, Feb 6- Iran's parliament has approved politically sensitive plans to slash subsidies on fuel and food, but delayed implementation for several months while authorities try to soften the blow to consumers by handing out food packages.

  • Swine virus could shrink pork supply: Tyson Friday, 31 Jan 2014 | 3:38 PM ET

    Tyson Foods said it expects pork supplies to drop 2-4 percent this fiscal year, raising wholesale prices, as a pig virus spreads.

  • Nestle teams up with Singapore for food science research Wednesday, 22 Jan 2014 | 4:43 AM ET

    LONDON, Jan 22- Nestle, the world's biggest packaged food company, said on Wednesday it was teaming up with the government of Singapore to research food science and technology. The three-year agreement, whose financial terms were undisclosed, provides the framework for collaboration between Nestle and Singapore's Agency for Science, Technology and Research.

  • Calif. chicken plant shut down due to cockroaches Friday, 10 Jan 2014 | 11:37 AM ET
    Foster Farms chicken is seen for sale in a grocery store in Los Angeles.

    The USDA shut down Foster Farms poultry plant in Calif. due to cockroach infestations. The plant was previously closed due to salmonella outbreaks.

  • This manipulative practice allowed the company to report higher net income and beat analysts' expectations for fiscal quarters in 2010 and 2011, the SEC said.

  • Jan 9- San Francisco- based snack food company Diamond Foods Inc will pay $5 million to settle civil charges that the company and two former top executives misled investors by lying about walnut costs to boost earnings, U.S. regulators said Thursday.

  • Dec 30- Packaged foods company Mondelez International Inc has sold its SnackWell's cookies and snacks business to its joint venture with Brynwood Partners VI LP, the private equity firm said on Monday.

  • Dec 27- Private equity firm Brynwood Partners said it will sell its stake in DeMet's Candy Company, the U.S. maker of Flipz chocolate pretzels and Turtles covered nut clusters, to Turkey's Yildiz Holdings for $221 million.

  • Eat, drink and be merry—but is the food safe? Tuesday, 24 Dec 2013 | 9:39 AM ET

    A recent outbreak of food poisoning has led to calls for tougher inspection measures even as the government begins reforming food safety rules.

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