Azodicarbonamide, a bleaching agent used to make plastic products, is in hundreds of foods, a health advocacy group says.» Read More
*Sees second-quarter earnings/share of about 55 cents vs est 63 cents. Sept 19- ConAgra Foods Inc, the maker of Hunt's ketchup and Chef Boyardee pastas, forecast current-quarter profit well below estimates, hurt by weak sales of consumer foods, its biggest business.
*Cuts FY 2014 profit forecast to $2.34- $2.38/ share from $2.40. ConAgra shares fell 6 percent to $31.56 in early trading on Tuesday on the New York Stock Exchange. "reflects the fact that they operate with a weaker brand portfolio relative to some of their larger branded packaged food peers," Morningstar Inc analyst Erin Lash told Reuters.
Starboard Value has received "non-binding written indications of interest" for its Smithfield Foods assets, the company said on Tuesday.
Although shares of many packaged food companies are hitting all-time highs, there is still room at the table for new investors to join the food stock feast.
Consumer packaged-goods makers have gotten creative with how they pass on rising costs and maintain bottom lines. Prices stay the same, but it contains less product.
An estimated 870 million people suffer from hunger on daily. But the problem isn't that we have too little food, experts say—it's what we do with the food we have.
Although many consumers may be under the false impression that Twinkies last forever, they do in fact have a shelf life, and that's about to increase.
Dean Metropoulos, chairman and CEO of C. Dean Metropoulos & Co., discusses the relaunch of Hostess snack brands.
No strangers to food in the fast lane, a handful of former McDonald's executives, are trying to crack the code on providing food on the go that tastes good and is good for you.
Amid a slow-growth environment for US manufacturing, one American company is bucking the trend as Americans embrace juicing, which has driven sales higher.
Sen. Debbie Stabenow, (D-MI), discusses increasing Congressional scrutiny of food safety on the heels of Smithfield Foods takeover bid from Chinese meat producer Shuanghui.
Hummus sales are booming, and Sabra is on a quest to convince Americans to eat even more. Is it the next peanut butter?
Despite the high revenue, the profit margins in the grocery business traditionally have been low, but that hasn't stopped retail giants Amazon and Wal-Mart from escalating the national food fight. What gives?
Smithfield Foods bought by China's largest meat producer, Shuanghui, is facing regulatory and political scrutiny, reports CNBC's Michelle Caruso-Cabrera.
The world's largest hog farming and pork processing company has agreed to be acquired by China's largest meat processor, reports CNBC's Michelle Caruso-Cabrera.
Parents might not recognize E. Robert Kinney by name, but they owe him a debt of gratitude for popularizing what might be the only kind of fish their kids will eat.
The food supply is under siege from a blitz of man-made hazards, from arsenic-laced chicken to dying bee colonies, and some favorites may someday vanish from the plate.
Tyson Foods reported a weaker-than-expected quarterly profit as shoppers and restaurants switched to cheaper chicken from beef, and the company cut its full-year sales forecast.
The classic Twinkie will hit store shelves nationally by late July, Hostess Brands told NBC News.
The maker of Chef Boyardee pastas and Hunt's ketchup reported a 57 percent fall in third-quarter profit, hurt by costs related to its acquisition of Ralcorp.