Food News

Johnson & Johnson is developing what could eventually be game-changing treatments for depression and pain, and it's aiming to apply for approval of more than 10 new medicines by 2017, executives said Thursday during a review of the health care giant's medicine business.

BIG PLANS: Johnson & Johnson says it's poised by 2017 to seek regulatory approval for a dozen new medicines and two dozen variations of existing ones.

Campbell Soup said it's buying Plum Organics, which makes food for babies and kids, for an undisclosed amount as it looks to move into faster-growing categories.

The firm currently has a "buy" rating on the stock. Dean Foods traded down 0.65% on Thursday, hitting $19.82. Dean Foods has a 1-year low of $11.66 and a 1-year high of $21.06. The stock's 50-day moving average is currently $18.91. The company has a market cap of $3.698 billion and a price-to-earnings ratio of 6.03. Dean Foods last released its ... (more)

Hormel Foods Corporation today announced a donation of three semitrailer loads of product to assist with tornado relief efforts in Oklahoma.

Johnson & Johnson says it plans to submit more than 10 new treatments to regulators for approval and 25 applications for additional uses of approved drugs by 2017.

Hormel Foods' fiscal second-quarter net income fell 2 percent as it dealt with one-time costs related to its acquisition of the Skippy peanut butter brand, higher grain costs and weaker turkey prices.

KeurigA brewer owners rejoice: you can now get a classic, cool, delicious treat in your very own kitchen with the arrival of Sweet & Creamy Regular Iced Coffee K-CupA packs from Donut House CollectionA .

Publicis Groupe digital agencies DigitasLBi and Razorfish have installed new executives to run their respective international operations, the shops confirmed Wednesday.

It had been a long time since Omega Protein christened a new menhaden steamer, but at the debut of its two new ships Saturday, Omega's manager of the Reedville plant recalled the first one he remembered.

Mitsubishi Motors Corp is taking steps toward resuming dividend payments after nearly a decade-long turnaround bankrolled by other Mitsubishi group companies, according to people with direct knowledge of the plans.

Witness for Peace wants the Charlotte-based company to come clean about payments it made to Colombian paramilitary groups in an effort to protect its banana crops.

Chr. Hansen introduces SaltLite, an ingredient which enables cheese producers to cut sodium content by up to 50% while maintaining taste and texture.

Prior to the Flowers Foods annual shareholders meeting today, the company's board of directors declared a three-for-two split of the company's stock by means of a 50% stock dividend and also increased the annual cash dividend by $.035. This equates to a 5.5% increase over the previous dividend rate.

Accepting 2013 Arkansas global trade awards are Mark Killebrew, vice president of international sales for Tyson Foods; Rachael Cox, vice president of sales for Conway Machine; Bonnie Swayze, president, Alliance Rubber, and David Delie, president, Welspun Tubular.

The firm currently has $14.80 price target on the stock. Shares of Farmer Bros opened at 15.41 on Monday.

The deal sees UK-based Tate & Lyle take complete control of the oat producing Biovelop business including its production facility in Kimstad, Sweden.

Springdale-based Tyson Foods is feeding those in need in central Oklahoma. The company's Meals That Matter Disaster Relief Unit left Tuesday morning for Moore.

Using a stock screener is a lot like panning for gold. After screening over 4,000 food and beverage stocks on criteria of a minimum four star CAPS rating, yield over 2.5%, and Wall Street outperforms, three names come up shining: Cal-Maine Foods Inc and Pinnacle Foods Inc .

It's nice to see that your coffee parents aren't getting divorced, and it looks like Starbucks and Green Mountain are going the distance with their single serve coffee business relationship.