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Shearer's Foods, a private label salty snack manufacturer owned by Toronto-based private equity firm Wind Point Partners, has acquired the assets of the Medallion Foods business from ConAgra Foods,Inc. for $33.5 million.
Maple Leaf Foods Inc. says it has closed its wiener production facility in Hamilton as part of a broader plan to move the operations to a bigger plant in the same city.
The new line features shelf-stable microwavable breakfast meals including real eggs, utilizing innovative new technology to create a breakfast packed with protein, company officials say Hormel Compleats breakfast features four single-serve varieties, including two with real eggs - Bacon Breakfast Scramble and Sausage Breakfast Scramble - as well as ... (more)
Any of you who are thinking about suing General Mills Inc. in the near future: You might want to rethink that breakfast of Wheaties or Lucky Charms.
Here's a switch: The bankers are all of a sudden doing worse than the butchers, the bakers, and the candlestick makers.
Cereal maker Post Holdings Inc is close to a deal to acquire eggs and dairy producer and distributor Michael Foods Group Inc for $2.5 billion, prevailing over a rival bid from Tyson Foods Inc, said a person familiar with the matter.
Archer Daniels Midland has announced that it will retain the majority of its cocoa processing operations but will sell its chocolate business.
NATR ) in a recent Form 4 filing with the Securities and Exchange Commission. Around 23,700 shares were acquired in 9 transactions at prices varying between $13.19 and $13.23 per share, taking Obus and Wynnefield's stake to an aggregate of almost 1.60 million shares.
Joseph Kovacevic performs quality control as Marshmallow candy Peeps chicks move down a conveyor belt inside the Just Born Inc. manufacturing facility in Bethlehem, Pennsylvania, U.S., on Tuesday, March 24, 2009.
J&J ditched its underperforming Ortho-Clinical Diagnostics unit in March, but diabetes devices are posting even worse sales declines.
Global agribusiness ADM said in a statement that extensive negotiations with a potential buyer did not reach an "outcome that met ADM's objectives."
United States congressman Jim Costa dropped in on Los Banos Foods Inc., a California Dairies Inc. processing plant on Monday for a tour.
U.S. agribusiness Cargill Inc CARG.UL expects the merger of its flour mill operations with those of ConAgra Foods Inc to be finalized in six to eight weeks after it clears a longstanding regulatory hurdle, Cargill Executive Chairman Greg Page said on Tuesday.
Drugmaker Johnson & Johnson's quarterly earnings rose and Coca-Cola's matched Wall Street's expectations.
The Standard & Poor's 500 index rose nine points, or 0.5 percent, to 1,840 in the first few minutes of trading Tuesday.
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