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Cadbury shares rise on Nestle takeover talk
Philadelphia Inquirer, The | 19 minutes ago
Shares of Cadbury P.L.C. rose to a record in London trading yesterday after Nestle S.A.... (more)
Unilever Has Up to $3 Billion in Cash for Acquisitions, CFO Lawrence Says
Bloomberg | 21 minutes ago
â??We will actively look for further bolt-on acquisitions to accelerate our growth agenda,â?? Chief Financial Officer Jim Lawrence told investors today in Englewood Cliffs, New Jersey.... (more)
Business Highlights
Yahoo! | 57 minutes ago
Tax credit gives home sales best boost in decade... (more)
Arla Foods Acquires 25% Fonterra's Stake In JV
Food Business Review | 1 hour 7 minutes ago
Arla to be supplied with Fonterra bulk butter, for the Anchor brand... (more)
Tyson Foods posts Q4 loss on beef charge
Salt Lake Tribune (Utah), The | 2 hours 11 minutes ago
Tyson Foods Inc. said it made strides in the meat business this year and predicts more improvements next year, but analysts worry the company's all-important chicken business is lagging others in the industry.... (more)
S&N gulps Hartwall and moves into Russia
Independent (London), The | 2 hours 53 minutes ago
Rapid consolidation is being fuelled by the brewers' drive to expand into faster-growing markets in the East... (more)
Food Lion bid for Bi-Lo falters
Chattanooga Times Free Press (Tenn.) | 2 hours 56 minutes ago
A tentative deal for Food Lion to buy much of competitor Bi-Lo has unraveled.... (more)
Sobeys Issues First Sustainability Report
Progressive Grocer | 3 hours ago
Sobeys, Inc. yesterday unveiled its first annual Sustainability@Sobeys report, which sets forth the Canadian grocer?s long-term sustainability strategy, including reduction targets and progress so far. The report spotlights efforts introduced by the company with the aim of bettering its environmental performance via responsible business practices.... (more)
Cadbury hits new high as bidders circle
Reuters | 3 hours ago
LONDON (Reuters) - Speculation about a bid battle for Cadbury (CBRY.L) among Kraft Foods (KFT.N) and other rivals lifted shares in the British confectioner to a new high on Monday but analysts doubt whether a competing bid will emerge.... (more)
Tyson beats, but investors fret over chicken
Reuters | 3 hours ago
NEW YORK (Reuters) - Top meat producer Tyson Foods Inc (TSN.N) reported disappointing margins for its chicken business on Monday as market prices fell and grain costs rose, and its shares fell.... (more)
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