Consumer Staples


  • CVS Caremark raises outlook after higher Q3 profit Tuesday, 5 Nov 2013 | 7:13 AM ET

    Nov 5- CVS Caremark Corp posted higher quarterly profit and raised its forecast for the year on Tuesday, as sales grew at its drugstore chain and it processed more prescriptions.

  • 'Project K': Kellogg cuts jobs, posts earnings Monday, 4 Nov 2013 | 9:00 AM ET
    Kellogg's strawberry pop-tarts

    Kellogg says it plans to trim its global workforce by 7 percent, with the breakfast foods maker citing weaker-than-expected sales for the year.

  • Hispanics hold key to winning US coffee war Monday, 4 Nov 2013 | 8:25 AM ET

    Coffee wars between top U.S. brands are set to intensify as coffee houses battle to attract the Hispanic consumer.

  • MEXICO CITY, Oct 31- Shares of Mexico's biggest bottling company fell on Thursday as Congress approved a 1 peso- per-liter tax on sugary drinks and an 8 percent tax on junk food as part of a wider tax overhaul. The plan, which was passed by lawmakers after markets closed, aims to curb rising obesity levels as well as lift Mexico's poor tax take.

  • MEXICO CITY, Oct 31- Shares of Mexico's food and drink companies fell on Thursday as Congress was poised to approve a 1 peso- per-liter tax on sugary drinks and an 8 percent tax on junk food as part of a wider tax overhaul.

  • Candymakers bagging billions this Halloween Thursday, 31 Oct 2013 | 9:53 AM ET
    Candy displayed at a Walgreens in Wheeling, Ill.

    Halloween candy sales are projected to top $2.3 billion, up 1 percent from last year.

  • BRUSSELS, Oct 31- Anheuser-Busch InBev, the world's largest brewer, beat third-quarter profit forecasts as rapid cost savings in Mexico and higher prices helped offset sagging beer sales in its giant Brazilian market.

  • Oct 30- Canadian food processor Maple Leaf Foods on Wednesday reported lower-than-expected results for the third quarter, hurt mainly by weakness in its meat business. The Toronto- based company, one of Canada's biggest pork processors and bakers, said revenue slipped 2.5 percent to C $1.15 billion.

  • SAN FRANCISCO, Oct 29- San Francisco may become the latest U.S. city to try to curb the consumption of sugary drinks with a proposed ballot measure to impose a tax on beverages seen as a culprit in rising rates of childhood obesity and diabetes.

  • Holy cow! Milk prices may skyrocket soon Tuesday, 29 Oct 2013 | 11:14 AM ET
    Holstein dairy cows

    If the nation's farm bill isn't renewed, there could be unintended consequences: higher milk prices.

  • *Lion, Bega, Murray Goulburn can block Saputo- analyst. SYDNEY, Oct 29- Kirin Holdings Co Ltd bought a 10 percent stake in Warrnambool Cheese and Butter Factory Company Holdings Ltd on Tuesday, in a move that could block a takeover of the Australian dairy company by Canada's Saputo Inc..

  • AB InBev, SABMiller merger would combine Latam, Africa growth markets. *SABMiller price tag would likely be more than $100 bln. BRUSSELS/ LONDON, Oct 28- With half the world's beer produced by four big firms and few markets left for them to tap, the time may be right for a $100 billion merger between the two largest, Anheuser-Busch InBev and SABMiller.

  • Burger King's profit rises as costs fall 90 pct Monday, 28 Oct 2013 | 7:22 AM ET

    Oct 28- Burger King Worldwide Inc reported a higher quarterly profit as costs plunged and same-restaurant sales grew in Europe, the Middle East, Africa and Asia Pacific. Burger King said net profit rose to $68.2 million, or 19 cents per share, from $6.6 million, or 2 cents per share, a year earlier.

  • Trendy chains like Starbucks Corp, brands like Juan Valdez that represents Colombian growers and in-home espresso machines marketed by Nestle SA are some of the pioneers transforming the coffee consumption habits of the two countries' combined populations of nearly a quarter billion people.

  • *FDA also investigating jerky-related dog, cat deaths. The proposal is one of seven key pillars of the 2011 Food Safety Modernization Act, an initiative designed to improve human and animal food safety and reduce food-borne illnesses by giving the FDA greater power to intervene before an outbreak occurs.

  • Carrefour names Brazil boss to speed expansion Friday, 25 Oct 2013 | 12:01 PM ET

    *Brazil plans entail store renovation, expansion. *Firm looking at all options to accelerate in Brazil- source. PARIS, Oct 25- Carrefour, the world's second-biggest retailer, named a new boss in Brazil on Friday as it seeks to accelerate its expansion in its largest market after France.

  • Oct 25- Procter& Gamble Co is chugging along with its turnaround, posting a quarterly profit that met Wall Street's expectations and holding to its annual forecasts as the world's largest household products maker gets a lift from cost cuts and a lower tax rate. Shares of P&G slipped 0.5 percent to $80.20 in premarket trading on Friday.

  • Procter & Gamble posts higher quarterly profit Friday, 25 Oct 2013 | 7:08 AM ET

    Oct 25- Procter& Gamble Co posted a higher quarterly profit on Friday, as the world's largest household products maker benefited from some growth overseas, cost cuts and a lower tax rate. The maker of Pampers diapers and Tide detergent earned $3.03 billion, or $1.04 per share, in the fiscal first quarter, up from $2.81 billion, or 96 cents per share, a year earlier.

  • Watch: CNBC anchorman stays classy Thursday, 24 Oct 2013 | 5:52 AM ET

    CNBC anchorman Geoff Cutmore gave his best impression of Ron Burgundy on Squawk Box Europe this morning.

  • Samsung keeps it simple to overtake Apple Wednesday, 23 Oct 2013 | 8:30 AM ET

    Apple's biggest smartphone rival, Samsung, has overtaken the Cupertino-based company when it comes to brand simplicity.


Most Popular Video

Tuesday, 22 Apr 2014 | 10:48 PM ET

Todd Elmer, Currency Strategist at Citi, discusses whether the currency's sharp drop following weaker-than-expected quarterly inflation data was justified.

Tuesday, 22 Apr 2014 | 10:30 PM ET

Adaire Fox-Martin, COO, Asia Pacific Japan at SAP, elaborates on the firm's "stunning results" in Southeast Asia, India and the sector of cloud computing in the first-quarter.

Tuesday, 22 Apr 2014 | 10:17 PM ET

Joe Magyer, Senior Analyst at The Motley Fool, says the flurry of activity on Wall Street looks "frothy" at the moment.