Groupe Danone

Danone Cuts Forecast
Modern Materials Handling | 5 days ago
PARIS (AP) -- Shares in French yogurt and bottled water company Groupe Danone SA fell on Thursday after the company reduced its medium term annual sales growth target.

Danone to Keep MPG for U.S. Media
Adweek | 32 days 16 hours 24 minutes ago
Paris-based yogurt maker Groupe Danone is expected to confirm as soon as tomorrow that it is retaining Havas' MPG for U.S. media chores after a market-by-market review launched in August that covered 20 countries, according to sources.

European Stocks Post First Weekly Decline Since October, Paced by Danone
Bloomberg | 3 days 3 hours 30 minutes ago
Wolseley Plc, the world's largest supplier of heating and plumbing gear, retreated 11 percent after an unexpected drop in U.S. housing starts. Groupe Danone SA sank 3 percent as the biggest yogurt maker reduced its sales growth forecast. Irish Life & Permanent Plc plunged 25 percent after raising its outlook for loan losses.

Beverage Billionaire
Forbes | 18 days 17 hours 25 minutes ago
Even before that agreement removed a big cloud hanging over the Chinese company, Wahaha had reported a surge in business for 2008. Sales increased by 27% to a record $4.8 billion. With his business up and valuations for comparable publicly traded beverage companies such as Tingyi of Taiwan very high this year, Zong's personal worth is at $4.8 billion, up from $1.3 billion last year.

Air France, Groupe Danone, Iliad, Mediobanca, UBS: Europe Equity Preview
Bloomberg | 5 days 14 hours 30 minutes ago
Europe's Dow Jones Stoxx 600 fell 0.3 percent to 249.65, and the Dow Jones Stoxx 50 Index slid 0.4 percent to 2,527.49. The Euro Stoxx 50 Index, a benchmark for nations using the euro, gained 0.1 percent to 2,908.53.

German Bonds Rise as Traders Bet on Low Interest Rates; France Sells Debt
Bloomberg | 4 days 20 hours 24 minutes ago
The gain pushed the 10-year yield to its lowest level in more than a week as Groupe Danone SA cut its sales forecast, helping push the Dow Jones Stoxx 600 Index to a third day of losses. Bonds gained even as France and Spain sold more than 11 billion euros ($16 billion) of securities. Greek bonds fell, pushing the 10-year yield to the highest level in four months.

German Government Bonds Little Changed After Debt Sales in France, Spain
Bloomberg | 5 days 2 hours 31 minutes ago
The yield on the 10-year bund was within a basis point of the lowest level in more than a week as Groupe Danone SA cut its sales forecast, helping push the Dow Jones Stoxx 600 Index to a third day of losses. Air France-KLM Group posted a loss yesterday that exceeded the median estimate of analysts.

Anti-Monopoly Service Takes Longer Look at 4 Dairy Firms
Moscow Times, The | 40 days 18 hours 23 minutes ago
The Federal Anti-Monopoly Service said Wednesday that it prolonged a price-fixing investigation into dairy processors Wimm-Bill-Dann and Groupe Danone by two months after Prime Minister Vladimir Putin pledged support for farmers.

Saatchi & Saatchi Wins U.S. Duties for Enfamil Baby Formula
Advertising Age | 5 days 17 hours 21 minutes ago
Move Expands Relationship With Parent Mead Johnson, Gives It a Lead Creative Agency Partner

Not Just for Profit
Strategy+Business | 44 days 11 hours 47 minutes ago
by Marjorie KellyWhen Muhammad Yunus and the Grameen Bank received the Nobel Peace Prize in October 2006, one endeavor lifted into the limelight was Grameen Danone Foods Ltd. This was a pathbreaking collaborative en­terprise, launched that year as a 50–50 joint venture between Groupe Danone — the US$16 billion multinational yogurt maker — and the Grameen companies Yunus had cofounded. Yunus called the joint venture a “social business,” which he said could be ...

'Red' cookies help Kraft in Russia
Cincinnati Enquirer, The | 31 days 6 hours 13 minutes ago
MOSCOW - Kraft Foods Inc., the world's second-largest foodmaker, is beating the recession in Russia as it tailors baked goods to suit local tastes and customers snack on cookies named for Communist heroes.

Room For The Chinese Inn On The NYSE
Forbes | 6 days 5 hours 54 minutes ago
HONG KONG -- Thanks to the upcoming Shanghai Disneyland and the 2010 World Expo in Shanghai, which are expected to increase demand for hotel rooms there, China's budget hotel chain 7 Days Group Holdings is finding traction as it markets its listing on the New York Stock Exchange.

Kraft Beats Russian Targets After Buying Communist Heroes' Cookie Brand
Bloomberg | 39 days 8 hours 30 minutes ago
Oct. 16 (Bloomberg) -- Kraft Foods Inc., the world's second-largest foodmaker, is beating the recession in Russia as it tailors its baked goods to suit local tastes and customers snack on its traditional Bolshevik cookies.

Suntory Completes Acquisition Of Orangina As Planned
Wall Street Journal, The | 11 days 5 hours 26 minutes ago
TOKYO (Dow Jones)--Japan's Suntory Holdings Ltd. said Friday that it has completed acquisition of privately held European beverage maker Orangina Schweppes Group in a deal that will help elevate its position in the global soft drinks market.

Kraft Foods To Invest In New Biscuit Research And Development Center In France
Food Business Review | 46 days 23 hours 18 minutes ago
New facility is responsible for advancing biscuit technology platforms for European market