Del Monte Foods News

Diamond Foods Inc. is replacing its CEO and chief financial officer after an internal investigation found that the company improperly accounted for payments to walnut growers and it needs to restate two years of financial results.

Berry, who was since 2009 the CFO of publicly-traded cosmetics company Physicians Formula Holdings, will oversee the agency's finance and accounting functions, as well as play a role in strategic planning.

The company said Michael J. Mendes, who held the titles of chairman, president and CEO, and CFO Steven M. Neil have been placed on administrative leave from the company.

This profile analyses the company's efforts to build on the strength of its eponymous brand and its association with fruit and vegetables to expand into emergent growth areas.

Deutsche Boerse's acquisition of NYSE Euronext most likely will be blocked. National antitrust regulators in the European Union's advisory committee backed the recommendation of the Competition Commissioner Joaquin Almunia.

"Thanks, Charlie" will be the new refrain in the latest round of commercials from StarKist Co.