Latest news on ‘Food & Beverage’
-
Top Cadbury investor says Kraft needs to raise bid
By Raji Menon
LONDON (Reuters) – A top shareholder in Cadbury (CBRY.L) said investors in the British confectionery firm would find it hard to turn down an offer of more than [...] -
Kraft Earns $826 Million but Cuts Its Sales Forecast
By WILLIAM NEUMAN
Published: November 3, 2009
Kraft Foods, the nation’s largest food manufacturer, reported quarterly profits that beat analysts’ expectations on Thursday, but at the same time cut its forecast for [...] -
Kellogg 3Q profit rises on strong brand loyalty
BATTLE CREEK, Mich. (AP) – Kellogg Co. said Thursday that shoppers’ loyalty to its cereal brands helped boost its profit 6 percent in the third quarter.
Consumers have stayed true to [...] -
Dole Shares Drop in First Day of Trading After IPO Price Cut
(Bloomberg) – Dole Food Co., the world’s largest producer of fresh fruit and vegetables, retreated in its first day of trading after becoming the fifth U.S. company since September to [...]
-
Coca-Cola profit flat; global volume rises
By William Spain & Andria Cheng
CHICAGO (MarketWatch) – Coca-Cola’s third-quarter profit was pretty much flat as volume growth in emerging markets like India to China helped overcome declines in North [...] -
Bud Light to sponsor “Saturday Night Live” episode
LOS ANGELES (Hollywood Reporter) – The next episode of NBC’s “Saturday Night Live” will be presented by a single advertiser for the first time in the show’s 35-season history.
To promote [...] -
PepsiCo Profit Rises as International Sales Gain, Costs Decline
(Bloomberg) — PepsiCo Inc., the world’s largest snack maker, said third-quarter profit rose 8.9 percent on higher international sales and lower production and administrative expenses.
Net income increased to $1.72 [...] -
AB InBev To Sell Theme Parks For Up To $2.7 Bln
BRUSSELS (Dow Jones)–Belgian brewer Anheuser-Busch InBev (ABI.BT) Wednesday said it will sell its theme parks business to private-equity firm Blackstone Group for up to $2.7 billion.
The deal will help AB [...] -
Anheuser-Busch InBev Nears Parks Deal
By PETER LATTMAN and DAVID KESMODEL
Shamu, meet your new boss: Stephen Schwarzman.
Blackstone Group LP, the New York private-equity firm headed by Mr. Schwarzman, is nearing a roughly $2.5 billion to [...] -
Kroger 2Q Net Falls 7.9%, Cuts Forecast; Shrs Dn
NEW YORK (Dow Jones)–Changing shopping habits and aggressive discounting by competitors is causing Kroger Co. (KR) to change its pricing strategies on the fly, contributing to disappointing fiscal second-quarter earnings.
The [...]
