Kraft posted sales that missed Wall Street expectations Thursday.» Read More
ConAgra Foods Inc. fell$. 35 or 1.2 percent, to $29.47. General Mills Inc. fell$. 34 or. 7 percent, to $51.01. Hormel Foods Corp. fell$. 45 or 1.0 percent, to $46.76.
BERLIN, Feb 26- Many of the world's top food and drink companies are taking steps to improve their social and environmental impact on poor countries, although there is still much more to do, development group Oxfam said on Wednesday.
BERLIN, Feb 26- Many of the world's top food and beverage companies are taking steps to improve their social and environmental impact on poor countries, although there is still much more to do, development group Oxfam said on Wednesday.
BOCA RATON, Fla., Feb 23- Investors are growing impatient with the makers of global brands like Cadbury chocolate, Campbell Soup and Tide laundry detergent, as these stalwart consumer products companies try to boost profits through cost cuts and brand makeovers while smaller rivals take risks and grab market share.
Feb 13- Kraft Foods Group Inc on Thursday reported a higher quarterly profit on lower costs and a large accounting gain related to retiree benefits.
Feb 13- PepsiCo Inc, rejecting a proposal by activist investor Nelson Peltz, said it had decided not to spin off its North-American beverage business, which posted another drop in sales in the fourth quarter.
Customers want "more than safe" when it comes to their food, explains CNBC's Sara Eisen.
The market’s mood seemed to shift on Friday. But will the positive tone bleed into the week ahead?
This Sunday, Super Bowl sponsors' hashtags are going to be as ubiquitous as the hash marks on the field.
Traders are bracing for another rough ride in markets this week, as the emerging markets continue to shakeout and the Fed is expected to announce another round of cuts to its easing program.
Jan 21- Mondelez International Inc, maker of Cadbury chocolate and Oreo cookies, added activist investor Nelson Peltz to its board in a deal that ends his campaign to have the company merge with PepsiCo Inc..
Nelson Peltz, newly named to Mondelez International's board, told CNBC on Tuesday he won't push for a merger of the snack-food maker with PepsiCo.
Some of the names on the move ahead of the open.
Jan 21- Mondelez International Inc, which makes Cadbury chocolate, Oreo cookies and Trident gum, said it added activist investor Nelson Peltz to its board. Peltz's Trian Fund Management is Mondelez's fourth-largest shareholder with 2.3 percent of its shares, according to Thomson Reuters data.
Jan 21- Mondelez International Inc said it added activist investor Nelson Peltz to its board. Peltz's Trian Fund Management is Mondelez's fourth-largest shareholder with 2.3 percent of its shares, according to Thomson Reuters. With the addition of Peltz, Mondelez's board expanded to 12 members, 11 of whom are independent.
Barry Callebaut, which makes chocolate for the likes of Nestle and Mondelez, said on Wednesday consumers in the Americas in particular were flocking to premium chocolates.
ZURICH, Jan 15- Barry Callebaut, the world's biggest maker of chocolate and cocoa products, confirmed its mid-term targets on Wednesday, even as it posted first-quarter sales volume growth that fell short of expectations.
Rejecting criticism from activist investor Nelson Peltz, PepsiCo CEO Indra Nooyi says it just makes sense to keep its snack and soft drink businesses together.
Dec 30- Packaged foods company Mondelez International Inc has sold its SnackWell's cookies and snacks business to its joint venture with Brynwood Partners VI LP, the private equity firm said on Monday.
Despite the chance to lock in gains, most hedge funds are standing by their bets and keeping risk on.