Latest News
Campbell Soup raises outlook, shares edge up
Yahoo! | 8 hours 27 minutes ago
NEW YORK (Reuters) ? Campbell Soup Co (CPB.N) reported a higher-than-expected quarterly profit on Monday, helped by price increases and easing costs for ingredients including grains that offset a drop in sales.... (more)
MGP Ingredients to reopen Illinois plant
Miami Herald, The | 8 hours 28 minutes ago
ATCHISON, Kan. -- MGP Ingredients Inc. says it has entered a partnership that will allow it to reopen distillery operations at a plant in Pekin, Ill.... (more)
Peet's raises offer for Diedrich to $265M
Yahoo! | 8 hours 28 minutes ago
EMERYVILLE, Calif. ? Coffee chain retailer Peet's Coffee & Tea Inc. says it has raised its offer for the wholesale roaster and distributor Diedrich Coffee Inc. by about 24 percent to $265 million.... (more)
Brynwood Partners VI buys Balance Bar from Kraft
SeattlePI.com | 8 hours 28 minutes ago
GREENWICH, Conn. -- Brynwood Partners VI LP, a private investment firm in Greenwich, Conn., said Monday it bought energy bar company Balance Bar Co. from Kraft Foods for an undisclosed sum. Brynwood VI said it has recruited management to operate the business. Brynwood has managed prior investments in the food industry, including Lincoln Snacks, Signature Snacks, DeMet's Candy Company and Richelieu Foods.... (more)
MGP Ingredients to reopen Illinois plant under joint venture, rehire up to 60 employees
Sun (Baltimore), The | 8 hours 32 minutes ago
MGP Ingredients Inc. says it has entered a partnership that will allow it to reopen distillery operations at a plant in Pekin, Ill.... (more)
New Nestl bid sweetens Cadbury shares
Guardian (London), The | 8 hours 55 minutes ago
Nestlé joins Kraft, Hershey and Ferrero in a bittersweet battle over the chocolate company... (more)
Tyson Foods posts loss on charge in beef business
Globe and Mail (Toronto), The | 9 hours ago
But quarterly revenue rises to $7.21-billion, boosted by 11 per cent increase in chicken sales... (more)
Cost-cutting soups up Campbell's profit
Globe and Mail (Toronto), The | 9 hours 1 minute ago
Quarterly earnings rise 17 per cent, but revenue falls 2.1 per cent as year-earlier period was particularly strong... (more)
Cadbury shares hit record high on Hershey takeover talk
Telegraph (London) | 9 hours 6 minutes ago
Shares in Cadbury shot to a record high yesterday (Monday) as expectations grew that Hershey, the US chocolate maker, could make a friendly offer for its British rival.... (more)
Peet's Coffee raises offer for Diedrich Coffee to $32 per share, outbids Green Mountain by $2
Los Angeles Times | 9 hours 32 minutes ago
EMERYVILLE, Calif. (AP) ? Coffee chain retailer Peet's Coffee & Tea Inc.... (more)
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