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Food and Beverage Food Products

  • Costco is a worthy opponent of e-commerce competition

    Investors should have faith in Costco, according to Barclays.

  • Subway, owned by Doctor's Associates Inc, is the world's largest fast-food chain by number of restaurants. Subway said its U.S. sales fell 1.7 percent to $11.3 billion last year, while international sales climbed 3.7 percent to $5.8 billion, reflecting a focus on overseas growth. Subway on Wednesday named former McDonald's Corp executive Karlin Linhardt...

  • LONDON, April 20- Unilever reported a surprise pick up in quarterly sales growth on Thursday, boosting its argument that it can improve performance on its own after spurning a $143 billion takeover offer from Kraft Heinz in February. Chief Financial Officer Graeme Pitkethly said there was always a delay between economic improvements and a pick up in household...

  • A person looks at the refrigerated display case at a butcher's shop, in Sao Paulo, Brazil on March 20, 2017.

    Brazil is attracting strong foreign direct investment after a scandal involving its meat industry, the country's finance minister said.

  • Henrique Meirelles, Finance Minister of Brazil, discusses the impact of a Trump presidency, a slowing China and his country's beef scandal.

  • LONDON/ SHANGHAI/ NEW YORK, April 18- Post Holdings is buying leading British breakfast cereal brand Weetabix from China's Bright Food Group Co Ltd for 1.4 billion pounds, giving the U.S.-focused company a European base on which to build. The acquisition of Weetabix's manufacturing and distribution assets in Europe should also allow Post to more easily digest...

  • LONDON/ SHANGHAI/ NEW YORK, April 18- U.S. company Post Holdings is buying Weetabix from China's Bright Food Group Co Ltd for 1.4 billion pounds, putting the British breakfast favourite back into the hands of a cereal company. The sale comes just five years after Chinese state-owned Bright Food took control of Weetabix in a deal that valued it at 1.2 billion pounds...

  • SHANGHAI/ NEW YORK, April 18- U.S. cereal company Post Holdings has agreed to buy British brand Weetabix from China's Bright Food Group Co Ltd in a 1.4 billion pound deal that will expand its international business, the companies said on Tuesday. The sale marks the end of Chinese ownership of Weetabix after state-owned Bright Food took control of the company from...

  • Prepare to pay more for your Chipotle burrito

    The company announced its first price hike in three years.

  • *U.S. firms complain of "structural impediments" in China. Business executives are also worried that President Donald Trump's focus on curtailing North Korea's nuclear and missile programmes could undercut U.S. commercial interests in China. The U.S. business community should not be used as a "bargaining chip", said James Zimmerman, a Beijing- based lawyer and the...

  • *Bird flu in South Korea hurts Bunge, Cargill feed sales. *Iraq buys U.S. chicken as flu hits Europe- Sanderson Farms. Different strains of avian flu have been detected across Asia, Europe, Africa and in the United States in recent months, leading to the culling of millions of birds and a flurry of import restrictions on eggs and chicken meat.

  • Inflation, Brexit, pound biggest risks for chocolate: MD

    Faced with operating in a post-Brexit world, James Cronin, managing director at Paul A Young, discusses the impacts of Brexit that threaten the chocolate business.

  • CHICAGO, April 12- Smithfield Foods, the world's largest pork producer, has established a separate bioscience unit to expand its role in supplying pig parts for medical uses, with the ultimate goal of selling pig organs for transplantation into humans. Smithfield, the $14 billion subsidiary of Chinas WH Group, in its first move has joined a public-private tissue...

  • Cramer: Here's the only thing Jana can do to really boost Whole Foods' stock

    Jim Cramer says that only a sale to a foreign buyer can save Whole Foods' struggling shares.

  • An employee arranges produce for sale at a Whole Foods Market Inc. store in Oakland, California

    Jim Cramer says that only a sale to a foreign buyer can save Whole Foods' struggling shares.

  • The only thing Jana can do to boost Whole Foods' stock

    Jim Cramer says that only a sale to a foreign buyer can save Whole Foods' struggling shares.

  • April 10- Jana Partners has upped its stake in Whole Foods Market Inc as the hedge fund looks to shake up the board and senior management of the high-end grocer and push for a sale of the company that has been losing ground in the natural and organic niche it popularized. The New York- based activist investor, which usually works behind the scenes, is mounting an...

  • April 9- Mondelez International Inc is preparing to look for a successor to Chief Executive Officer Irene Rosenfeld as the snack maker faces shareholder pressure and a broad shift to healthier eating habits, the Wall Street Journal reported, citing sources. Potential successors among Mondelez's current executives include Tim Cofer, chief growth officer,...

  • Cramer Remix: Why I'm standing alone on Coca-Cola

    Jim Cramer unveiled why he disagrees with Wall Street on Coke’s next move.

  • Cotton candy may be the future of artificial organs

    Scientists at Vanderbilt University have found a new purpose for the sugary treat — holding the key to what could be the future for making artificial organs.