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Food News

Food news continually updated from thousands of sources around the net.

2 hrs ago | KING5 Seattle News

Report: Hershey may launch bid for Cadbury

The Wall Street Journal reports that Hershey Co. may make a $17 billion competing bid for UK candy company Cadbury.

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Related Topix: Hershey Foods, Kraft Foods, Seattle, WA

6 hrs ago | WNOL-TV New Orleans

Imperial Sugar enters three-way joint venture to build cane sugar refinery plant in Louisiana

Imperial Sugar Co. said Friday it has entered a three-way joint venture to build a cane sugar refinery next to its existing factory in Gramercy, La.

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Related Topix: Gramercy, LA

10 hrs ago | Oxford Mail

Bluff Guy

We all want to do the right thing, but few of us ever put ourselves on the line for the sake of a greater good.

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Related Topix: US News, US Federal Bureau of Investigation, Agriculture, Archer Daniels Midland, The Informant!, Drama Movies

14 hrs ago | ABC News - Brian Ross

J.M. Smucker 2nd-Quarter Profit More Than Doubles

In this Nov. 17, 2009 photo, jars of Smucker's jelly are stacked on a shelf in the Heinen's grocery... In this Nov.

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Related Topix: J M Smucker, Orrville, OH

19 hrs ago | Scoop

Fonterra sells stake in UK joint venture

" Fonterra Cooperative Group, the world's largest exporter of dairy products, has sold its stake in a joint venture to market Anchor products to the U.K. Fonterra sold its 25% interest in AFF for an undisclosed sum to majority owner Arla Foods amba.

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Thu Nov 19, 2009

Chicago Tribune

Wrigley to eliminate 37 Chicago jobs

Wm. Wrigley Jr. Co. on Wednesday told 37 Chicago workers that they will be laid off as part of a consolidation of its information technology operations with corporate parent Mars Inc.

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Related Topix: Wrigley William JR, Chicago, IL, Chicago Metro, Business News

KNDU

Kellogg reports early results from debt swap offer

Kellogg Co. said Thursday that nearly $482 million has been tendered in response to an offer to swap up to $500 million in aggregate principal of the cereal and snack maker's 6.6 percent interest notes that are due in 2011.

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Related Topix: Kellogg, Agriculture, Yakima, WA

WHAM

Birds Eye Foods Bought for $1.3B

Packaged foods company Pinnacle Foods Group says it's buying frozen-vegetable company Birds Eye Foods for $1.3 billion.

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Related Topix: Advertising

KFSM-TV Fort Smith

Tyson Foods Names Donnie Smith Its New President, CEO; Jim Lochner Made COO

Tyson Foods Inc. of Springdale on Thursday said its board of directors chose Donnie Smith, its senior group vice president of poultry and prepared foods, as its next president and CEO.

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Related Topix: Tyson Foods

NBR Newsroom

PM wants Fonterra to make most of opportunities

The Government says it wants Fonterra to have a capital structure which equips it to take advantage of opportunities.

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Wed Nov 18, 2009

ClipSyndicate

Profusek Says `Too Early' to Predict Buyer for Cadbury: Video

Nov. 18 -- Robert Profusek, a partner at Jones Day law firm, talks with Bloomberg's Carol Massar and Matt Miller about the outlook for other companies to outbid Kraft Foods Inc.

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Related Topix: Kraft Foods, Video, Business News

WHEC-TV Rochester

Lidestri Foods expanding to Greece

Lidestri Foods, headquartered in Fairport, is ready to expand to Greece. The company, which makes tomato-based sauces, has purchased the old Kodak Building 642 and once it's equipped and ready to go, Lidestri plans to add 100 full-time positions over the next five years in New York.

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Related Topix: Greece, NY, Fairport, NY

WTVR Richmond

US Foodservice to shut VaBeach operations

A major national food-distribution company plans to close its Virginia Beach warehouse and offices as part of its plan to consolidate operations.

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Related Topix: Virginia Beach, VA

WAGT

Leggo my Eggo

The Kellogg Co. says the heavy rains that brought floods to parts of metro Atlanta in September contributed to problems that led to a continuing shortage of its Eggo brand frozen waffles.

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Related Topix: Kellogg, Agriculture, Rossville, TN

Myrtle Beach Online

BJ's Wholesale 3Q profit falls on legal reserve

BJ's Wholesale Club Inc. said Wednesday that a legal settlement helped push its third-quarter profit down 37 percent.

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Related Topix: Retail, BJs Wholesale Club, Natick, MA, Agriculture, Ralcorp Holding, Kraft Foods, PriceSmart, Biotech, Medicine, Pharmaceuticals, Healthcare Industry, Cardinal Health

Market Watch

Stocks to Watch: Stocks in focus for Wednesday

Among the shares expected to see active trade in Wednesday's session are those of Limited Brands Inc., NetApp Inc., Jack in the Box Inc.

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Related Topix: Financial Markets, Limited Brands, Retail, Apparel, Jack in the Box, Restaurant Management, Hershey Foods, PhillipsVan Heusen, PETsMART, Pets

Tue Nov 17, 2009

The New Zealand Herald

Initial changes to Fonterra capital structure approved

Shareholders of Fonterra, the world's largest dairy exporter, have voted to allow themselves to hold shares amounting to 120 per cent of their production in the first step of a strategy to restructure the company.

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CNN Money

Hershey in joint talks for Cadbury bid

Chocolate makers Hershey Co. and Ferrero SpA are considering a joint bid for Cadbury that could help the British confectioner fend off a hostile takeover by Kraft Foods Inc.

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Related Topix: Hershey Foods, Life, Food, Chocolate, Kraft Foods

MediaPost Publications

ConAgra Sponsors Yahoo TV Clips Program

ConAgra Foods is expanding its branded entertainment marketing with a year-long sponsorship of a new Yahoo online program, "What's So Funny?" Multiple brands, including Marie Callender's, Healthy Choice and Orville Redenbacher's, will be integrated into the program's content over the course of the sponsorship.

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Related Topix: ConAgra Foods, Marketing

WebWire

Thomson Reuters To Acquire Sabrix

Thomson Reuters , the world's leading source of intelligent information for businesses and professionals, today announced that its Tax & Accounting business has signed a definitive agreement to acquire Sabrix, Inc, a leading global provider of transaction tax management software applications and related services.

Comment?

Related Topix: Medicine, Triad Hospitals, Hospital Administration, Healthcare Industry, Startups, Sabrix, San Ramon, CA, Beverages, M and F Worldwide Corporation

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