×

Food and Beverage Food Products

  • MOSCOW, July 3- Russia's VTB, one of the biggest lenders to the indebted Croatian food producer and retailer Agrokor, may contribute to a new loan to the company, the bank said in emailed comments on Monday. Last month, Agrokor has secured a total of 530 million euro loan from banks, bondholders and suppliers, as a part of the restructure process and under so-called "...

  • Audience members picnic before a production of the Benjamin Britten opera 'Billy Budd' on August 22, 21013 in Lewes, England.

    CNBC analyzed cost differences for a typical Fourth of July barbecue versus a new age one.

  • RIO DE JANEIRO, July 1- The investment arm of Brazil's state development bank BNDES has given JBS SA until July 10 to convene a shareholder meeting to remove the controlling Batista family from the meatpacker's management and board, two sources with direct knowledge of the situation told Reuters on Saturday. Earlier this week BNDES Chief Executive Officer...

  • Campbell Soup Co, the 148- year-old Camden, New Jersey- based packaged food manufacturer best known for its canned soups, last month invested $10 million in El Segundo, California- based Chef'd LLC, a Blue Apron competitor that allows users to personalize meal-kits with branded pairings. Even if Blue Apron and its competitors struggle to make their model...

  • Why your 4th of July burger might cost more

    CNBC's Aditi Roy reports on the rise in beef prices in the United States.

  • Halo Top Ice Cream.

    The ice cream aisle isn't immune to shoppers' desire for healthier food. Halo Top's "healthy" ice cream is leading a revolution.

  • Wheat hits one-year high

    CNBC's Jackie DeAngelis reports on wheat futures rallying after hitting a one year high from the commodities desk, with the "Futures Now" traders.

  • As meal kit service Blue Apron's IPO kicks off, Eric Kim, Goodwater Capital managing partner & co-founder, and David Seaburg, Cowen & Co. managing director, discuss how the company will able to grow as a public company with increased competition in food and grocery.

  • ConAgra Foods products

    Chef Boyardee pasta maker ConAgra reported a 29 percent rise in quarterly profit as it cut back on promotions and jettisoned low-margin products.

  • June 28- Wall Street stock rallied sharply on Wednesday, with the benchmark S&P 500 index scoring its biggest one-day percentage gain in about two months, as financial and technology stocks led a broad market rebound. The S&P 500 had suffered its biggest one-day drop in about six weeks on Tuesday after a healthcare bill was delayed in the U.S. Senate.

  • June 28- Wall Street rallied sharply on Wednesday, with the S&P 500 scoring its biggest one-day percentage gain in about two months, as financial and tech stocks led a broad market rebound. The benchmark S&P had suffered its biggest one-day drop in about six weeks on Tuesday after a healthcare bill was delayed in the U.S. Senate. Investors may be reevaluating the...

  • June 28- The S&P 500 on Wednesday was on pace for its biggest one-day percentage gain in about two months as financial and tech stocks led a broad market rebound. The benchmark S&P had suffered its biggest one-day drop in about six weeks on Tuesday after a healthcare bill was delayed in the U.S. Senate. Investors may be reevaluating their assessment of the impact of...

  • ZURICH/ LONDON, June 28- Nestle's plan to shore up its capital structure, announced only days after being thrust into the spotlight by activist shareholder Third Point, was received by investors as a precursor to bigger changes under the company's new leadership. Shares in the world's largest foodmaker rose as much as 2 percent on Wednesday, close to the record...

  • The meal kit boom is still coming despite Blue Apron IPO troubles

    The NPD predicts that increased online grocery shopping will lead more consumers to subscribe to meal kit services.

  • BPI had claimed that ABC, a unit of Walt Disney Co, and Avila defamed the company by calling its ground-beef product pink slime and making errors and omissions in a 2012 report. ABC stood by its reporting, which it has said deserved protection under the U.S. "Throughout this case, we have maintained that our reports accurately presented the facts and views of...

  • BPI had claimed ABC, a unit of Walt Disney Co, and Avila defamed the company by calling its ground-beef product pink slime and making errors and omissions in a 2012 report. ABC stood by its reporting, which it has said deserved protection under the U.S. "Throughout this case, we have maintained that our reports accurately presented the facts and views of...

  • However, on a post-earnings call General Mills Chief Executive Jeff Harmening played down the impact. General Mills- the first packaged foods maker to report since the Amazon-Whole Foods deal- has "great relationships" with both companies, Harmening said. The company sells its Annie's line of organic foods at Whole Foods, while it sells a broad range of products...

  • BPI had claimed ABC, a unit of Walt Disney Co, and Avila defamed the company by calling its ground-beef product pink slime and making errors and omissions in a 2012 report. ABC stood by its reporting, which it has said deserved protection under the U.S. "Throughout this case, we have maintained that our reports accurately presented the facts and views of...

  • SAO PAULO/ BRASILIA, June 28- Loan defaults in Brazil hit a fresh record in May, the latest evidence that the country's harshest recession ever and fallout from a wave of corruption probes have significantly hampered the ability of corporate borrowers to stay current on their debt. Loan book quality has suffered in the face of Brazil's recession and "Operation...

  • June 28- Beef Products Inc has settled its defamation and libel lawsuit against American Broadcasting Co and its reporter Jim Avila, the meat processor said on Wednesday. BPI had claimed ABC, a unit of Walt Disney Co, and Avila defamed the company by using the term pink slime and making errors and omissions in its 2012 reporting on what the company calls its "lean...