Food News

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

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.

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.

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

" 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.

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.

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.

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

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.

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

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.

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.

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

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.

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

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.

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.

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.

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.

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.