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Food and Beverage Food Products

  • JBS common shares rose as much as 9.7 percent to 7.24 reais, a one-month high, after Brazil's Regional Federal Court of the 1st Region overturned a ruling blocking the $300 million sale of a South American unit to rival Minerva SA. On Wednesday, J&F agreed to sell a controlling stake in Havaianas flip-flop maker Alpargatas SA to the investment firms of Brazil's...

  • July 13- Global commodities trader Cargill Inc reported a much higher quarterly net profit on Thursday, citing strong demand for beef and poultry and solid U.S. grain exports even as robust grain production posed a challenge. Minnesota- based Cargill said net income rose to $347 million in the fourth quarter ended May 31 from $15 million a year earlier.

  • In a statement on Thursday, JBS said it had learned that Brazil's Regional Federal Court of the 1st Region overturned a ruling blocking the $300 million sale of a South American unit to rival Minerva SA. On June 21, federal Judge Ricardo Leite blocked JBS's sale of plants in Argentina, Paraguay and Uruguay, saying it could harm a probe against the billionaire...

  • German grocer Lidl enters US grocery wars

    CNBC's Courtney Reagan reports on growing competition in the grocery space as German competitor Lidl enters the market, and Kroger fights back against private label infringement.

  • BRASILIA, July 12- The speaker of Brazil's lower house vowed on Wednesday to fight any changes President Michel Temer makes to a labor reform bill passed by the Senate, highlighting new tension between longtime political allies. The speaker, Rodrigo Maia, would replace Temer if Congress allows the Supreme Court to move ahead with a corruption charge against the...

  • Amazon Prime Day increases competition for grocers

    With the Amazon-Whole Foods deal at the top of everyone's mind, the e-retailer could use Prime Day to increase its grocery business.

  • **Warren Buffett's Berkshire Hathaway Inc said on Friday it agreed to pay $9 billion to buy the parent of Texas power transmission company Oncor Electric Delivery Co, stepping up its pursuit of steady profits from utilities and infrastructure deals. **Elliott Management Corp, the largest creditor of the bankrupt parent of Texas power transmission company...

  • **Warren Buffett's Berkshire Hathaway Inc said on Friday it agreed to pay $9 billion to buy the parent of Texas power transmission company Oncor Electric Delivery Co, stepping up its pursuit of steady profits from utilities and infrastructure deals. **Elliott Management Corp, the largest creditor of the bankrupt parent of Texas power transmission company...

  • Daily Harvest founder Rachel Drori is betting that her on-demand smoothies and soups will change the perception of frozen food.

    Daily Harvest, backed by Gwyneth Paltrow and Serena Williams, is trying to make frozen food healthy and convenient.

  • Cramer Remix: The boring, no-name, unsung stock that’s been a huge winner

    Jim Cramer explains why you don’t need tech stocks and other high flyers to have a winning portfolio.

  • Jim Cramer on "Mad Money."

    Jim Cramer explains why you don’t need tech stocks and other high flyers to have a winning portfolio.

  • Cramer unpacks Blue Apron's IPO to find out what went sour

    Jim Cramer looks into Blue Apron's business to find out what went wrong with the meal kit company's IPO.

  • Blue Apron CEO Matthew B. Salzberg speaks on the floor of the Exchange during the company's IPO on the New York Stock Exchange, June 29, 2017.

    Jim Cramer looks into Blue Apron's business to find out what went wrong with the meal kit company's IPO.

  • July 6- Mondelez International Inc, the world's second-largest confectionary company, said its second-quarter revenue growth would be reduced by 3 percent due to the recent global cyber attack, sending its shares down slightly in extended trading. The owner of Cadbury chocolate said last month that employees in different regions were experiencing...

  • An employee monitors foil-wrapped Cadbury Creme Eggs as they move along the production line at the Bournville Cadbury factory, operated by Mondelez International Inc., in Birmingham, U.K.

    The company said it was attacked on June 27, causing a disruption in its ability to ship and invoice.

  • July 6- Mondelez International Inc, the world's second-largest confectionary company, said on Thursday that most of its systems affected by the global cyber attack were up and running. The owner of Cadbury chocolate said last month that employees in different regions were experiencing technical problems but it was unclear whether it was due to the...

  • Giuseppe Lavazza, vice chairman at Lavazza, discusses Italian politics and managing risk in his company.

  • July 5- Yum China Holdings Inc, the operator of KFC and Pizza Hut in the world's second-largest economy, posted quarterly sales slightly below estimates as fewer customers ordered from Pizza Hut. The company's Pizza Hut division, which has been a dampener so far, posted flat same-restaurant sales in the second quarter ended May 31, missing analysts' estimate of a...

  • July 5- Yum China Holdings Inc reported a 39 percent rise in quarterly profit on Wednesday, helped by strong sales at its KFC restaurants. Net income rose to $107 million, or 27 cents per share, in the second quarter ended May 31, from $77 million, or 21 cents per share, a year earlier. Net sales edged up to $1.59 billion.

  • Smuckers fruit products are displayed on a shelf at a grocery store.

    The J.M. Smucker Company's shares were trading around $116 on Wednesday.