Looking for the next takeover target in biotech? “Mad Money” host Jim Cramer’s got answers.» Read More
The flu is forcing farmers to kill more than 38 million infected birds, 33 million of which are laying hens.
NEW YORK, May 21- Small U.S. food manufacturers once toiled for decades to develop a critical mass of fans for their products. More mass-market retailers want niche brands that shoppers view as healthier to drive traffic in stores, particularly as they face rising competition from natural food and specialty chains like Whole Foods Market Inc..
To determine the best cities for recent college graduates, Rent.com considered everything from employment rates to good restaurants. Here's its list.
April 27- Chipotle Mexican Grill Inc on Monday said the 46 ingredients used in its roughly 1,800 restaurants were now free of genetically modified organisms, becoming the first major U.S. restaurant chain to make that switch. U.S. diners, particularly those in the sought-after young millennial generation, are seeking fresh foods that are less processed and...
CNBC Pro highlights the three best strategy notes that came across our desk this week.
Here's a different approach to betting on earnings: Wait for the results to come out.
NEW YORK, April 13- Nestle SA said on Monday it is cutting the added sugar in its Nesquik flavored milk products, the latest in a series of moves by the Swiss food company to reduce sugar and salt in its offerings amid growing public health concerns. Still, Nestle's changes, similar to efforts at big food companies including General Mills Inc, fail to satisfy concerns...
Known perhaps as much for Swedish meatballs as its inexpensive furniture, IKEA is doubling down on its food offerings.
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.
Heinz Co, backed by Warren Buffett's Berkshire Hathaway Inc and Brazilian private equity firm 3 G Capital, will combine with Kraft Foods Group Inc to create the third-largest North American food company, executives said on Wednesday. The deal deepens Buffett's hold on leading U.S. food brands, as well as that of 3 G founder Jorge Paulo Lemann, Brazil's richest man.
Wall Street is bullish a maker of natural, refrigerated pet food as more Americans treat their dogs as "family members."
NEW YORK, March 18- General Mill Inc, which owes its return to growth in the United States to its purchase of organic macaroni-and-cheese maker Annie's Inc and the popularity of its yogurt, faces a challenge with its traditional cereal brands. The trend has weighed on the performance of the most entrenched processed food makers, including General Mills, Kraft...
U.S. stocks closed sharply higher as investors cheered the Fed's statement that indicated a rate hike would come later rather than sooner.
General Mills delivered quarterly earnings that topped analysts' expectations on Wednesday.
March 18- General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reported a better-than-expected quarterly profit as sales rose in the United States after five straight quarters of decline. General Mills shares rose about 1 percent to $52.40 in premarket trading. General Mills, along with ConAgra Foods Inc and Campbell Soup Co, is...
U.S. stock index futures indicated a lower open on Wednesday ahead of the hotly anticipated statement from the Federal Reserve.
Some of the names on the move ahead of the open.
March 18- General Mills Inc, the maker of Bisquick and Betty Crocker cake mixes, reported lower sales for the sixth straight quarter, hurt by a stronger dollar. General Mills said in January that it would close plants in Midland, Ontario, Canada and New Albany, Indiana, cutting about 500 jobs. Net income attributable to General Mills fell to $343.2 million, or 56 cents...
The Fed in the coming week may finally signal it's on a course to raise rates, and anticipation of a change in its zero-rate policy has been sending ripples through markets.