Consumer Staples


  • WH Group and some of its shareholders launched an up to $5.3 billion initial public offering in Hong Kong last week, the second-biggest ever listing by a food and beverage company. Yang Zhijun, an executive director in charge of investment, merger and acquisitions and financing for WH Group, was issued another 245.6 million ordinary shares.

  • SEOUL, April 14- South Korea's state health insurer said on Monday it was seeking an initial 53.7 billion won from three tobacco companies, including the local units of Philip Morris and British American Tobacco, to offset treatment costs for diseases linked to smoking. Philip Morris was not immediately available for comment.

  • Consumer staples outperform broad markets     Friday, 11 Apr 2014 | 2:25 PM ET

    CNBC's Sara Eisen reports tobacco, household products and some food products are really working right now, which is helping consumer staples.

  • Midday Glance: Supermarkets companies Friday, 11 Apr 2014 | 1:51 PM ET

    Kroger fell$. 01 or percent, to $43.86. Safeway rose$. 07 or. 2 percent, to $37.91. Supervalu rose$. 07 or 1.0 percent, to $6.75.

  • PHILADELPHIA, April 10- A Philadelphia judge on Thursday set aside most of an arbitration ruling that could have cost the state of Pennsylvania some $180 million from a landmark 1998 settlement with the nation's tobacco companies.

  • Bezos offers update on groceries, drones Thursday, 10 Apr 2014 | 4:33 PM ET

    NEW YORK— CEO Jeff Bezos' annual letter to shareholders offers a glimpse into Amazon's internal workings and what it is aiming for in the future, including more grocery services and the much-discussed drone delivery.

  • Ulta to create up to 537 jobs at Indiana plant Thursday, 10 Apr 2014 | 2:57 PM ET

    GREENWOOD, Ind.— Beauty products retailer Ulta Inc. will locate a distribution center in Greenwood, Ind. and create up to 537 jobs by 2018.. The Indiana Economic Development Corp. said Thursday that the Bolingbrook, Ill.- based company will invest nearly $52 million to lease and equip a 670,000- square-foot plant in the southern Indianapolis suburb.

  • April 10- Rite Aid Corp, the third-largest U.S. drugstore operator, forecast fiscal 2015 sales above analysts' estimates as it benefits from the launch of new generic drugs and enrolls more customers in its loyalty programs.

  • Smart Spending: Spring cleaning, homemade style Thursday, 10 Apr 2014 | 12:28 PM ET

    NEW YORK— With spring emerging from a seemingly never-ending winter, I wanted to clean my New York City apartment. So I got advice on how to clean without them from Cori Morenberg, the owner of the Ms. Green-Clean cleaning service in New York, and Mary Findley, author of "The Complete Idiot's Guide to Green Cleaning" and a seller of green cleaning products.

  • Early Glance: Supermarkets companies Thursday, 10 Apr 2014 | 10:24 AM ET

    Kroger fell$. 20 or. 4 percent, to $44.52. Safeway fell$. 05 or. 1 percent, to $37.95. Supervalu fell$. 10 or 1.5 percent, to $6.72.

  • April 10- Wal-Mart Stores Inc wants Americans, even those on a budget, to buy more organic food. The move could help revive Walmart's flagging grocery sales and boost the profile of the resurrected Wild Oats brand.

  • Another profitable quarter, Rite Aid breaks out Thursday, 10 Apr 2014 | 8:27 AM ET

    Rite Aid has left the recovery ward and appears ready to break into a sprint after booking its sixth straight quarterly profit and making a deal to strengthen the drugstore chain's foothold in the burgeoning health clinic market.

  • Brazil accelerates, Spain grows for 2nd consecutive quarter. PARIS, April 10- Carrefour, the world's second biggest retailer, said underlying sales growth quickened in the first quarter, driven by Brazil, its second largest market after France, while sales in austerity-hit Spain rose for the second consecutive quarter.

  • April 10- Wal-Mart Stores Inc wants Americans, even those on a budget, to buy more organic food. The move could help revive Walmart's flagging grocery sales and boost the profile of the resurrected Wild Oats brand.

  • SACRAMENTO, Calif., April 9- A California bill to require sugary soft drinks to carry labels warning of obesity, diabetes and tooth decay passed its first legislative hurdle on Wednesday, the latest move by lawmakers nationwide aimed at persuading people to drink less soda pop.

  • Final Glance: Supermarkets companies Wednesday, 9 Apr 2014 | 6:06 PM ET

    Kroger rose$. 41 or. 9 percent, to $44.72. Safeway rose$. 03 or. 1 percent, to $38.00. Supervalu fell$. 04 or. 6 percent, to $6.82.

  • April 9- Constellation Brands Inc said it expects to spend upto $1.1 billion- almost double its previous forecast- to increase capacity at a Mexican brewery, hurting its full-year profit and cash flow forecasts and sending its shares down 5 percent.

  • Midday Glance: Supermarkets companies Wednesday, 9 Apr 2014 | 1:16 PM ET

    Kroger rose$. 29 or. 6 percent, to $44.60. Safeway rose$. 03 or. 1 percent, to $37.99. Supervalu fell$. 06 or. 8 percent, to $6.80.

  • MADRID, April 9- Some of the owners of the world's top olive oil bottler Deoleo are rethinking plans to sell, sources said, after the Spanish government revealed its interest in buying into what it sees as a nationally strategic company. Deoleo said on Wednesday private equity firm CVC had made the highest offer for the company.

  • Chocolat Frey acquires majority of NY's SweetWorks Wednesday, 9 Apr 2014 | 11:28 AM ET

    BUFFALO, New York— A Swiss chocolate maker has acquired a majority of New York- based candy company SweetWorks, Inc.. SweetWorks, headquartered in Buffalo, says Wednesday that it will continue to operate as an independent group and its production facilities and staff in Buffalo and Toronto will remain in place.


Most Popular Video

Thursday, 17 Apr 2014 | 3:15 AM ET

Jonny Forsyth, global drinks analyst at Mintel, says China has been a "cash cow" for drink-makers, but the slowdown is having a big impact on sales.

Thursday, 17 Apr 2014 | 1:35 AM ET

CNBC's Helia Ebrahimi discusses the Co-Operative's troubled story from drug buying allegations against the former chairman, to big financial black holes.

Thursday, 17 Apr 2014 | 3:00 AM ET

European shares opened mixed on Thursday, failing to continue a rally on Wall Street after accommodative comments from U.S. Federal Reserve Chair Janet Yellen.