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Local investors buy Eastgate Shopping Center
American City Business Journals | 23 minutes ago
A local investment group has purchased the Eastgate Shopping Center at Kellogg and Rock Road.... (more)
Mexican Baking Co Bimbo Prepays $300M Of Revolver Facility
Wall Street Journal, The | 24 minutes ago
MEXICO CITY (Dow Jones)--Mexican bakery company Grupo Bimbo SAB (BIMBO.MX) said Tuesday that it has prepaid half of its $600 million revolver facility due July 2010 with its own resources.... (more)
Economy doesn't kill appetite for premium foods
San Francisco Chronicle | 24 minutes ago
Have you been to the San Francisco Ferry Building lately? The economy may have many consumers in a stranglehold, but you'd never know it at ground zero for Bay Area food culture. Folks are still lining up to nibble on Scharffen Berger's Asante single origin chocolate ($7), to guzzle Blue Bottle's New Orleans iced coffee ($3), and to stock up on 7-ounce bottles of Stonehouse blood orange olive oil ($14).... (more)
Cramer Responds to Critics on Financial Transaction Tax
TheStreet.com | 26 minutes ago
The proposed financial transaction tax is generating a heated debate among traders, especially retail investors who fear it will push them out of the market by eroding the often-thin margins they make on their trades.... (more)
Maidenform adds Coty CEO to its board
Philadelphia Inquirer, The | 27 minutes ago
ISELIN, N.J. - Maidenform Brands Inc., a seller of bras and underwear, said Tuesday its board has elected the CEO of beauty products maker Coty Inc., Bernd Beetz, as a director.... (more)
McCormick Boosts Dividend; Payout Up For 24th Straight Year
Wall Street Journal, The | 28 minutes ago
DOW JONES NEWSWIRES McCormick & Co. (MKC) boosted its quarterly dividend by 8.3% to 26 cents a share as the consumer-products maker lifted its payout for the 24th consecutive year.... (more)
McCormick hikes quarterly dividend to 26 cents
MarketWatch | 28 minutes ago
McCormick & Co. /quotes/comstock/13!mkc/quotes/nls/mkc (MKC 36... (more)
Bra and underwear seller Maidenform Brands adds CEO of beauty product maker Coty to board
Hartford Courant (Conn.), The | 33 minutes ago
ISELIN, N.J. (AP) ? Maidenform Brands Inc., a seller of bras and underwear, said Tuesday its board has elected the CEO of beauty products maker Coty Inc., Bernd Beetz, as a director.... (more)
Hormel 4Q profit rises 50 percent, but sales slip
Yahoo! | 1 hour 18 minutes ago
MILWAUKEE ? Hormel Foods Inc. plans to boost its advertising next year to persuade cash-strapped shoppers to pay extra for its pricier items, like microwave meals, as they keep looking for ways to cut costs in the downturn.... (more)
Barnes & Noble, Medtronic, Peet's Coffee & Tea are among big market movers Tuesday
Star Tribune (Minneapolis-St. Paul, Minn.) | 1 hour 48 minutes ago
NEW YORK - The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange: NYSE: Warner Music Group Corp., down 86 cents at $6.20 The recording company posted an unexpected loss in the fourth quarter on severance costs despite a strong slate of music releases.... (more)
Ailing Syracuse-based grocer plans to close 53 NY markets, 2 warehouses, lay off 4,000-plus
Star Tribune (Minneapolis-St. Paul, Minn.) | 1 hour 53 minutes ago
SYRACUSE, N.Y. - The Penn Traffic Co. has told New York officials it expects to close dozens of supermarkets in upstate New York and lay off more than 4,000 employees.... (more)
New York grocer plans to close 53 stores, lay off 4,000
Plain Dealer (Cleveland), The | 2 hours 30 minutes ago
The Penn Traffic Co. has told New York officials it will close dozens of supermarkets in upstate New York and lay off more than 4,000 employees.... (more)
Bidding war: Green Mountain plays hardball with Peet ??s for Diedrich Coffee
American City Business Journals | 2 hours 38 minutes ago
Green Mountain Coffee Roasters Inc. confirmed Tuesday that it is matching a $265 million offer for Diedrich Coffee Inc.... (more)
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