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Food Products Packaged Food and Meats


  • *Boulder Brands shares up 8.5 pct. Nov 24- Pinnacle Foods Inc said it would buy Boulder Brands Inc, the maker of Udi's gluten-free products and Earth Balance vegan packaged foods, for about $710 million to expand its health and wellness offerings. Boulder Brands' shares rose 8.5 percent to $10.93 in morning trading on Tuesday, just below the offer price of $11.

  • Hershey to offer healthier Kisses this holiday season Thursday, 12 Nov 2015 | 12:00 PM ET

    Nov 12- Chocolate maker Hershey Co said it would launch Hershey's Kisses and milk chocolate bars made with no artificial flavors for the holiday season, as it looks to cater to a growing demand for less-processed food. Neil Saunders, chief executive of retail research firm Conlumino, said this was a good move ahead of the holiday season as people tend to buy better...

  • Campbell rethinks its iconic chicken noodle soup Tuesday, 10 Nov 2015 | 9:25 AM ET
    Bryan Cozzi, left, a chef at Campbell Soup, and intern Erika Ellefsen work at the company’s test kitchen in Camden, N.J., Oct. 14, 2015. The company is paring back on additives and artificial ingredients in a bid to keep up with food trends and halt a gradual sales decline.

    Campbell's new version of its chicken noodle soup will contain fewer ingredients. The New York Times reports.

  • Singles' Day, meet US meat providers Sunday, 8 Nov 2015 | 5:49 PM ET
    Singles' Day, meet US meat providers

    The sale of meat on platforms such as Tmall is proving popular with Chinese consumers, says Joel Haggard, senior VP for Asia Pacific at U.S. Meat Export Federation.

  • Hershey sees squeeze from growing U.S. income gap Wednesday, 28 Oct 2015 | 5:37 PM ET

    NEW YORK, Oct 28- Chocolate maker Hershey Co, long a staple of middle-class U.S. households, is getting squeezed as consumers either pay up for fancier sweets or seek more savings. Hershey executives said the company is grappling with a growing gap between low and high-income households in the United States, which has changed buying patterns for many consumer...

  • Oct 28- Chocolate maker Hershey Co cut its full-year profit forecast, hurt by weak demand in North America and higher marketing costs ahead of the holiday season. Profit is now expected to be $4.10 per share compared with the $4.10- $4.18 it anticipated earlier, as it expects to "markedly" ramp up spending during the holiday quarter. Net income fell to $154.8 million,...

  • Chocolate maker Hershey posts 31 pct drop in profit Wednesday, 28 Oct 2015 | 7:16 AM ET

    Oct 28- Chocolate maker Hershey Co reported a 31 percent slump in quarterly profit, hurt by weak demand for candy, mint and gum in North America. The company's net income fell to $154.8 million, or 70 cents per share, in the third quarter ended Oct. 4, from $223.7 million, or $1 per share, a year earlier. Net sales were nearly flat at $1.96 billion.

  • Snacks maker Snyder's to buy Diamond Foods Wednesday, 28 Oct 2015 | 6:20 AM ET
    Products of Diamond Foods as shown on their website

    Diamond Foods said it will be acquired by snacks maker Snyder's-Lance for about $1.91 billion, including about $640 million in debt.

  • Eating bacon causes cancer: study Monday, 26 Oct 2015 | 8:00 AM ET
    Eating bacon causes cancer: study

    The meat industry is fighting back against a World Health Organization ruling that processed meats cause cancer.

  • Bacon's as bad as asbestos? WHO thinks so: Report Saturday, 24 Oct 2015 | 9:50 AM ET
    Schmacon: It’s bacon, without the pork.

    The WHO is expected to list bacon alongside a list of cancer causing agents, The Daily Mail reported.

  • WINNIPEG, Manitoba/ NEW YORK, Oct 22- From Canada to India, there is a squeeze on mustard that has put producers in a pickle. The higher prices threaten to drive up costs for Kraft Heinz Co, maker of Grey Poupon, and Reckitt Benckiser Group Plc, maker of French's, which hold more than 40 percent of the market share for North America's fourth-favorite condiment by sales...

  • VEVEY, Switzerland, Oct 16- Nestle, the world's largest packaged food company, lowered its full-year outlook on Friday, as a Maggi noodle recall in India knocked sales and undercalculated U.S. Skin Health rebates weighed on the Swiss company's profits. "The shortfall comes from pricing, as Nestle does not seem to have been able to pursue its pricing actions as hoped,...

  • Oct 1- ConAgra Foods Inc said it will cut about 1,500 jobs and outsource technology and back office positions, joining other packaged food companies in announcing cost cuts, and the company also plans to move its headquarters to Chicago from Omaha. ConAgra rivals including Campbell Soup Co and General Mills have cut jobs and costs as consumers shift to fresher...

  • LONDON, Sept 29- The owners of Quorn, a line of meat-free packaged foods, is facing takeover interest from a range of parties from Asia, Europe and North America, as they look to cash in on the world's growing appetite for healthier food. Monde Nissin from the Philippines and Wilmar International from Singapore are among the parties to have shown an interest,...

  • The player to watch in fast-casual delivery biz Saturday, 19 Sep 2015 | 2:00 PM ET

    Move over GrubHub. A new start-up is shaking up the industry. Its spin: top chef-cooked meals delivered to your home in 20 minutes.

  • B&G Foods to buy iconic Green Giant for $765 million Thursday, 3 Sep 2015 | 10:03 AM ET
    General Mills' Green Giant brand frozen vegetables for sale at a supermarket in Princeton, Illinois.

    Snack food company B&G Foods said it will buy General Mills' Green Giant frozen food and Le Sueur canned vegetable businesses for about $765 million in cash.

  • Campbell Soup sales fall 8.6 percent Thursday, 3 Sep 2015 | 7:26 AM ET

    Sept 3- Packaged foods maker Campbell Soup Co reported an 8.6 percent fall in quarterly sales, hurt by a strong dollar and weak sales in its U.S. simple meals business. Net income attributable to the company fell to $68 million, or 22 cents per share, in the fourth quarter ended Aug. 2, from $137 million, or 43 cents per share, a year earlier. Net sales fell to $1.69 billion...

  • India watchdog wants more control on your kids' diet Thursday, 27 Aug 2015 | 9:13 PM ET

    Tensions are rising between food companies and India's food safety regulator, seeking to assert its authority, the FT reports.

  • *Net profit 4.52 bln Sfr vs poll avg 4.74 bln. ZURICH/ LONDON, Aug 13- Nestle, the world's biggest packaged food company, posted better than expected first-half sales growth and stuck to its 2015 forecast, despite a recall of Maggi noodles in India, helped by higher prices in some key product areas. The result put the Swiss company second only to Reckitt Benckiser for...

  • Aug 10- Kraft Heinz Co, the packaged food company formed by the merger of ketchup maker H.J. Heinz Co and Kraft Foods Group Inc, said sales fell 4.9 percent at Kraft and 4.1 percent at ketchup maker Heinz in the last quarter before the merger was completed. Kraft Heinz shares declined 2.3 percent to $77.00 in after-hours trading. Kraft Heinz, whose brands include...