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Food Products Packaged Food and Meats

  • Feb 21- Canadian meat packaging goods company Maple Leaf Foods Inc said on Tuesday it would buy U.S.-based Lightlife Foods Inc, a manufacturer of plant-based protein foods, for $140 million and related costs. Lightlife Foods reported 2016 sales of about $40 million and has a 38 percent market share in the U.S. refrigerated plant proteins market, Maple Leaf said...

  • Feb 15- Kraft Heinz Co, the maker of Velveeta cheese, Heinz ketchup and Oscar Mayer meats, reported a higher-than-expected adjusted profit, helped by lower costs. Last month, the company said it would form a joint venture with media mogul Oprah Winfrey to develop a new line of food products in the United States. Sales fell 3.8 percent to $6.86 billion, hit by a stronger...

  • Feb 15- Kraft Heinz Co, the maker of Velveeta cheese, Heinz ketchup and Oscar Mayer meats, reported a 3.8 percent fall in quarterly sales, hit by a stronger dollar and lower demand in the United States. Net income attributable to shareholders was $944 million, or 77 cents per share, in the fourth quarter ended Dec. 31, compared with $285 million, or 23 cents per share, a year...

  • PepsiCo range of products on display.

    PepsiCo reported a better-than-expected profit, as the company benefited from its cost-cutting programs and higher demand for its healthier products.

  • Kellogg's Corn Flakes

    Kellogg's profit topped Wall Street estimates, helped by cost cuts and improving demand for its snack products in the U.S.

  • young farmers organic farmers

    Some U.K. supermarkets are rationing the amount vegetables that customers can buy following a poor harvest in southern Europe.

  • ZURICH, Jan 25- Swiss chocolate maker Barry Callebaut said it expected sales volume growth to accelerate in the second half of its fiscal year after the phasing-out of less profitable contracts in its cocoa business made volumes dip in the quarter to Nov. 30. We are on track to deliver improved profitability in our cocoa business, "the Zurich- based company said in a...

  • Jan 24- Restaurants and packaged food company Bob Evans Farms Inc said it would sell its unit Bob Evans Restaurants to Golden Gate Capital for $565 million.

  • Jan 24- Restaurants and packaged food company Bob Evans Farms Inc said it would sell its unit Bob Evans Restaurants to Golden Globe Capital for $565 million.

  • Vegemite is getting a new owner

    Barry Irvin, executive chairman of Bega Cheese, explains the company's acquisition the Australian and NZ grocery unit of Mondelez.

  • Food innovation made possible

    Patrick Brown, Impossible Foods founder talks about disrupting the way the world thinks about meat by using plant-based food.

  • LONDON, Jan 17- European shares were dragged lower by miners and carmakers on Tuesday, as markets awaited details of Britain's Brexit position in a late morning speech by Prime Minister Theresa May. The pan-European STOXX index was down 0.4 percent, and Britain's blue-chip FTSE extended its losses, down 0.3 percent. Swiss chocolate maker Lindt saw its shares...

  • A package of ConAgra Foods' Hebrew National brand beef franks.

    Citi Research forecasts Conagra Brands will grow its earnings-per-share by 9 percent a year through 2020.

  • Hostess Brands issued a voluntary recall of its holiday white peppermint Hostess Twinkies on Jan. 10, 2017.

    Hostess Brands on Tuesday issued a voluntary recall of its holiday white peppermint Hostess Twinkies.

  • Lone Star Western's Black Pepper Beef Jerky

    A lawsuit claims Lone Star Western Beef's owner 'did little to clean' areas where a worker's blood spurted after he cut his finger.

  • Bluefin tuna goes for $632,000 in Japanese auction

    Kiyoshi Kimura brings home a 466-pound bluefin tuna in what may be the last auction at the current site of Tokyo's Tsukiji market.

  • ISTANBUL, Dec 23- Turkish food giant Yildiz Holding said on Friday it has sold a $400 million stake in biscuit maker Ulker to its London- based holding company, to which it has moved its core biscuit, chocolate and confectionery businesses. Yildiz, which it says is the largest food manufacturer in central and eastern Europe, the Middle East and Africa, eventually...

  • ISTANBUL, Dec 23- Turkish food giant Yildiz Holding said on Friday it has sold a $400 million stake in biscuit maker Ulker to its London- based holding company, to which it has moved its core biscuit, chocolate and confectionery businesses. Yildiz, which it says is the largest food manufacturer in central and eastern Europe, the Middle East and Africa, eventually...

  • Dec 22- ConAgra Brands Inc, the maker of Chef Boyardee pasta and Hunt's ketchup, reported lower-than-expected quarterly sales, hurt by a strong dollar and as it discontinued sales of less-profitable products. Net income attributable to ConAgra fell to $122.1 million, or 28 cents per share, in the second quarter ended Nov. 27, from $154.9 million, or 35 cents per...

  • Dec 21- U.S. chocolate maker Hershey Co named Chief Operating Officer Michele Buck as its chief executive and president, pinning its hopes on a company veteran to build on a recovery in demand in North America. Buck, whose appointment is effective March 1, will succeed John Bilbrey, who said in October he would retire as CEO and president. Hershey said in October...