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Packaged Food and Meats

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  • Dec 15- Bob Evans Farms Inc said Chief Executive Steve Davis has resigned by mutual agreement effective immediately as its board steps up efforts to revamp the restaurant and packaged food company following a proxy fight. Bob Evans's recent performance under Davis has failed to meet the expectations of the board, the Wall Street Journal reported, quoting...

  • Bob Evans CEO Steve Davis steps down Monday, 15 Dec 2014 | 12:36 AM ET

    Dec 15- Restaurant and packaged food company Bob Evans Farms Inc said Steve Davis stepped down as chief executive effective immediately and established an interim office of the CEO until a replacement is found. The company named two top executives, Mark Hood and Mike Townsley, to fill the office of the CEO. Davis, who has been CEO for the last 8 years, will remain with...

  • How NOT to kill yourself cooking turkey   Wednesday, 26 Nov 2014 | 7:51 AM ET
    How NOT to kill yourself cooking turkey

    Susan Smith, Butterball turkey expert, shares tips on how to safely prepare a Thanksgiving turkey.

  • Hershey says higher milk prices, dollar hurt profit Wednesday, 29 Oct 2014 | 10:59 AM ET

    Hershey cut its full-year earnings and revenue growth forecasts, citing higher dairy prices, a stronger dollar and weak sales growth in some markets.

  • Oct 29- Chocolate maker Hershey Co cut its full-year earnings and revenue growth forecasts, citing higher dairy prices, a stronger dollar and weak sales growth in some markets. Rivals Mars Chocolate North America and Mondelez International Inc have also raised prices this year. U.S. milk prices have been increasing since 2008, when China started sourcing...

  • Yum's China sales jump as KFC bounces back Wednesday, 16 Jul 2014 | 4:38 PM ET

    KFC parent Yum Brands Inc on Wednesday said second-quarter sales at established restaurants in China, its No. 1 market, jumped 15 percent

  • Higher costs at the grill   Wednesday, 2 Jul 2014 | 2:51 PM ET
    Higher costs at the grill

    How rising meat prices are affecting local butchers and restaurants, with Pat LaFrieda Jr., LaFrieda Meat Purveyors CEO.

  • BBQ lovers burned by price hike   Wednesday, 2 Jul 2014 | 2:50 PM ET
    Severe drought is a contributing factor in the declining cattle count, which has sent wholesale beef prices up.

    Record high prices for both ground beef and sirloin are creating expensive Fourth of July barbecues. CNBC's Kate Kelly reports.

  • Not enough preservatives?! Velveeta recalled Friday, 20 Jun 2014 | 7:47 AM ET

    Velveeta, a processed cheese, is getting yanked off the shelves in 12 states for not having enough preservatives.

  • US confident new vaccine will help fight pig virus Wednesday, 18 Jun 2014 | 11:46 AM ET

    US Agriculture Secretary is confident an approved vaccine would help fight a deadly virus that has killed millions of pigs.

  • Hillshire drops bid for Pinnacle after Tyson deal Monday, 16 Jun 2014 | 8:07 AM ET
    Tyson Food and Hillshire Brands food products

    Hillshire Brands said it will withdraw its recommendation to its shareholders to vote for its acquisition of Pinnacle Foods.

  • Pig virus boosts bacon prices   Wednesday, 4 Jun 2014 | 10:25 AM ET
    Pig virus boosts bacon prices

    Pork prices continue to climb in part due to a deadly pig virus, reports CNBC's Jane Wells.

  • Bacon news: The pig show must go on!   Wednesday, 4 Jun 2014 | 8:41 AM ET
    Bacon news: The pig show must go on!

    Despite a deadly pig virus, the World Pork Expo is underway in Iowa, reports CNBC's Jane Wells.

  • Meat brawl over Hillshire Brands heats up again Tuesday, 3 Jun 2014 | 6:13 AM ET
    Packages of Sara Lee Corp. Hillshire Farm deli meat are displayed for sale in a supermarket in Princeton, Illinois.

    Pilgrim's Pride is planning to raise its offer for Hillshire a week after it first offered to buy it in a $6.4 billion deal.

  • Deadly pig virus strikes again Wednesday, 28 May 2014 | 9:48 AM ET

    The farm acknowledged a reemergence of Porcine Epidemic Diarrhea virus, which has killed up to 7 million pigs since it was first identified.

  • Pilgrim's Pride offers to buy Hillshire Tuesday, 27 May 2014 | 7:10 AM ET
    Packages of Sara Lee Corp. Hillshire Farm deli meat are displayed for sale in a supermarket in Princeton, Illinois.

    Pilgrim's Pride is offering to acquire meat producer Hillshire Brands in a deal worth about $5.52 billion.

  • Gardein's taste for fake meat   Friday, 23 May 2014 | 10:50 AM ET
    Gardein's taste for fake meat

    Gardein offers meatless, vegan, & vegetarian foods and recipes. Yves Potvin, Gardein founder & president, discusses the demand for meatless alternatives and the healthy choices Gardein offers.

  • 1.8M pounds of ground beef recalled for E. coli Monday, 19 May 2014 | 10:45 AM ET
    Ground beef in a meat department of a supermarket.

    At least 11 people are sick in four unnamed states with E. coli infections, Food Safety and Inspection Service officials said.

  • Texas delegation woos Sriracha plant Monday, 12 May 2014 | 5:30 PM ET

    As the makers of Sriracha battle to stay open in California, legislators from Texas are wooing them to move to the Lone Star State—USAT.

  • 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.