JM Smucker cut prices for most of the Folgers and Dunkin' Donuts coffee brands sold in the United States by 6 percent.» Read More
This year, the U.S. dollar's relentless rise has forced some retailers in Europe and Canada to hike coffee prices, caving in to severe cost pressure even as concerns grow about declining demand. Germany's second-largest coffee roaster, Tchibo, raised prices on some of its 500 gram units by 20- 30 euro cents on March 2, spokesman Arnd Liedtke said.
Warren Buffett spoke with CNBC from an automotive Forum on Tuesday.
NEW YORK, March 31- Warren Buffett, the billionaire chief executive officer and chairman of Berkshire Hathaway Inc, said Tuesday that an exit by Greece from the euro zone could be constructive for the region. Buffett also said there would be no "finish line" to deals like Kraft Foods Group Inc's announced merger with H.J. Heinz Co.. Heinz and Kraft, backed by Berkshire...
CNBC Pro takes you through the play-by-play in the past three months, and highlights where the experts think the strength will be in the coming months.
'We came in with such optimism, and the earnings really hurt us. A lot of that is the strong dollar, but the earnings have been … disappointing.'
“Mad Money” host Jim Cramer sees a pulse back in biotechs. Time to jump in?
NEW YORK, March 27- The macaroni and ketchup merger of Kraft Foods Group and H.J. Brazilian private equity firm 3 G Capital Partners and Warren Buffett's Berkshire Hathaway announced a $46 billion deal to consolidate the companies Wednesday, one that will create the No. 3 packaged food maker in North America after PepsiCo and Nestle USA.. That should take some...
How do consumer brands become billion-dollar franchises? These 7 keys are shared across many blockbuster products.
Stocks like Lululemon had a positive bounce on Thursday, but Jim Cramer says the market isn't out of the woods, yet.
The merger of Heinz and Kraft brings together a new set of customers - the ones who buy both products. Data from Rhiza shows where they live.
The consumer packaged goods industry is ripe for more mega-mergers like this week's H.J. Heinz and Kraft Foods deal, according to the chief financial officer of a leading food manufacturer.
LONDON/ NEW YORK, March 26- Anheuser-Busch InBev, the world's largest brewer, is close to proposing JAB Holding Chief Executive Olivier Goudet as its next chairman, according to four sources familiar with the matter. Goudet, born in 1964, has served as chief financial officer of US confectionery giant Mars Inc. Since June 2012, he has been partner and CEO of JAB...
*Oil up as Saudi Arabia launches military strikes on Yemen rebels. SYDNEY, March 26- Asian share markets were mostly lower on Thursday as tensions in the Middle East and losses on Wall Street soured sentiment, while the dollar's bull run looked to have stalled for the time being. A dearth of economic data in Asia meant the path of least resistance was lower and MSCI's...
*Asia under pressure as tech stocks drag on Wall St. *Oil up as Saudi Arabia launches military strikes on Yemen rebels. A dearth of economic data in Asia meant the path of least resistance was lower and MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.5 percent.
*Asia under pressure as tech stocks drag on Wall St. SYDNEY, March 26- Asian shares slipped on Thursday as losses on Wall Street and soft U.S. economic data soured sentiment, while the dollar's bull run looked to have stalled for the time being. A dearth of economic data in Asia meant the path of least resistance was lower and MSCI's broadest index of Asia-Pacific...
Heinz Co, which is controlled by 3 G Capital and Buffett's Berkshire Hathaway. His larder already included everything from Burger King's Triple Whopper burgers, Coca-Cola soft drinks and Tim Horton donuts to See's Candies and Dairy Queen icecream Blizzards, as well as such Heinz brands as Tomato Ketchup, Ore-Ida fries, bagel bites and T.G.I. Friday's...
“Mad Money” host Jim Cramer is focusing on selloff wishes and portfolio dreams.
Missed the Kraft-Heinz boat? Jim Cramer says don't worry! He is much more enthusiastic on cashing in on these portfolio trends.
Jim Cramer is making a bold call yet again. Some stocks are getting too hot to handle, and he calls for investors to step aside and let it cool.
Talk about stacking cheddar.