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Packaged Food and Meats

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  • Hillshire to buy Pinnacle Foods for $6.6 billion Monday, 12 May 2014 | 6:38 AM ET

    May 12- Packaged food company Hillshire Brands Co said it would acquire Pinnacle Foods Inc for about $6.6 billion, including debt, in a cash and stock deal.

  • Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.

  • May 7- When the steel industry goes to Washington, it usually talks about trade, tariffs and taxes. "One of the biggest obstacles has been the belief that canned food is not nutritious," said Rich Tavoletti, executive director of the Canned Food Alliance. "

  • Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.

  • 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.

  • 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.

  • 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.

  • Would you believe teriyaki Spam? Tuesday, 26 Nov 2013 | 12:01 PM ET

    Sales of Hormel's signature meat-in-a-can Spam rose around the globe, said CEO Jeffrey Ettinger. And a new teriyaki SPAM was just rolled out in Hawaii, he added.