Thursday, 19 Nov 2009 | Source: Reuters
French food group Danone cut its medium-term sales growth target on Wednesday but said it would increase free cashflow by more than two-thirds by 2012 as it aims to outpace its competitors.
Thursday, 19 Nov 2009 | Source: Reuters
The world no. 2 brewer beat forecasts on Thursday with a 6 percent rise in first-half profit and said its second half should be boosted by a fall in input costs and favorable currency movements.
Wednesday, 18 Nov 2009 | Source: Reuters
Subway, the world's No. 2 fast food restaurant chain by sales, plans to expand its Russian network to 1,000 outlets by 2015 from 78 now and make Russia its fourth-biggest European market next year.
Wednesday, 18 Nov 2009 | Source: Reuters
Shares of British chocolate maker Cadbury rose back above 800 pence for the first time in almost a month on hopes Hershey and Ferrero would mount a bid to rival that of U.S. food giant Kraft.
Tuesday, 17 Nov 2009 | Source: The Associated Press
Costco customers may have to look elsewhere for Coca-Cola products now that the retailer has stopped carrying them because the pair are fighting over prices.
Monday, 16 Nov 2009 | Source: The Associated Press
A beverage company has asked a team to drill through Antarctica's ice for a lost cache of some vintage Scotch whiskey that has been on the rocks since a century ago.
Friday, 13 Nov 2009 | Source: Reuters
Burger King, the world's second biggest hamburger chain, said on Friday it plans to open its first Russian restaurant in Moscow this year, lured by the potential of the country's 140 million population.
Thursday, 12 Nov 2009 | Source: Reuters
Anheuser-Busch InBev increased third-quarter core profit by more than expected as price rises and cost cuts offset lower beer consumption, and forecast similar expansion in the last three months of the year.
Wednesday, 11 Nov 2009 | Source: Reuters
Hedge fund billionaire John Paulson raised his firm's stake in Cadbury on Wednesday and now holds 2.54 percent of the British confectioner, the subject of a hostile bid by U.S. food group Kraft.
Monday, 9 Nov 2009 | Source: Reuters
Kraft Foods turned hostile in its bid for Cadbury on Monday, making a formal but unchanged takeover offer; the British chocolate maker's board rejected the bid saying it was "derisory."
Thursday, 5 Nov 2009 | Source: CNBC.com
Starbucks reported a quarterly profit that outstripped analysts' forecasts, and it provided a bright earnings outlook that helped push its shares higher in extended trading.
Thursday, 5 Nov 2009 | Source: The New York Times
The legalization of marijuana for medical purposes may have some benefits, but no one likely predicted it would be used to market a sushi restaurant. The New York Times reports.
Wednesday, 4 Nov 2009 | Source: CNBC.com
Joint ventures with a family business and a show-business icon are key in Diageo's vodka plans.
Tuesday, 3 Nov 2009 | Source: Reuters
Coca-Cola Amatil, Australia's top soft drinks bottler, is confident it can meet its earnings forecast for high single digit growth in earnings and net profit in the second half, following a strong third quarter.
Wednesday, 4 Nov 2009 | Source: Reuters
Kraft Foods said it would not overpay for British chocolatier Cadbury on Tuesday after disappointing investors by posting weaker-than-expected quarterly revenue and cutting its
full-year sales forecast.
full-year sales forecast.
Posts |
SECTOR : Food and Beverage
24 Nov 2009
Last night I shopped for Thanksgiving at Vons, owned by Safeway spacer, and bought everything, including a 14-pound turkey, for the lowest price I've ever paid: $32... Read More
20 Nov 2009
Four days, six stocks, your chance to profit.... Read More
20 Nov 2009
Posted By:Chris Morris, Special to CNBC.comConsumer Nation
With deep pricing discounts on many electronic products, retailers are hoping to lure in shoppers who are guarding their wallets more carefully.... Read More
20 Nov 2009
We keep talking about consumers... Read More
19 Nov 2009
While most companies are struggling with revenue declines, Justin Esch and Dave Lefkow have watched their revenue go through the roof... Read More
VIDEO | SECTORS : Food and Beverage
More and more organic foods are hitting the supermarket shelves, with Irwin Simon, Hains Celestial CEO.
Tim Ramey, a food and beverage analyst at D.A. Davidson, tells CNBC which stocks he recommends investors stuff in their ...
UK soft drink maker Britvic posted a sparking set of full-year results Wednesday, beating expectations with a 23% rise i...
Compass Group beat expectations with its full-year earnings Wednesday after an extensive cost-cutting strategy helped th...
Recession-wary consumers are regaining their appetite for ready-meals, according Greencore. Patrick Coveney, CEO of Gree...
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