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Posts related to ‘Food’

coffee

Is German Firm Looking to Challenge Starbucks?

Posted: April 12, 2013 at 8:35 am

With the purchase of its third coffee company in less than a year, German consumer products firm Joh. A. Benckiser (JAB) is spending real money to get its arms around ...
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wheat field

Corn, Wheat Stockpiles to Rise

Posted: April 10, 2013 at 12:54 pm

The U.S. Department of Agriculture (USDA) this morning released its monthly World Agricultural Supply and Demand Estimates (WASDE) report for April. The agency lifted its estimate on U.S. wheat stocks ...
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wheat field

Big Earnings Drop at Cargill Indicates Caution on Agribusiness Players

Posted: April 9, 2013 at 12:56 pm

Privately held agribusiness giant Cargill today reported that net earnings for the company’s third fiscal quarter ending in February fell 42% year-over-year to $445 million. Sequentially earnings rose from ...
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Herbalife Logo

Herbalife Statement: It’s All on KPMG

Posted: April 9, 2013 at 11:30 am

Shortly after 11 a.m. ET this morning, Herbalife Ltd. (NYSE: HLF) announced the KPMG had resigned effective immediately as the nutritional food maker’s accounting firm. Shares of Herbalife did ...
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Herbalife Logo

Herbalife Shares Halted, Auditing Firm Resigns

Posted: April 9, 2013 at 10:30 am

Shares of Herbalife Ltd. (NYSE: HLF) were halted this morning pending a news release. When the news actually hit -- The New York Times DealBook blog reported it first -- ...
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KFC Restaurant

Bird Flu Outbreak Threatens Yum! Brands

Posted: April 8, 2013 at 10:05 am

Shares of Yum! Brands Inc. (NYSE: YUM) plunged this morning following a downgrade on the company’s shares from analysts at UBS. The company already had forecast a weaker first half ...
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Pigs

EPA Settles Complaint Against Tyson Foods

Posted: April 5, 2013 at 1:15 pm

The U.S. Environmental Protection Agency (EPA) today announced a consent decree in a complaint against Tyson Foods Inc. (NYSE: TSN) related to multiple releases of anhydrous ammonia at 23 Tyson ...
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Corn Field

U.S. Drought Watch

Posted: April 5, 2013 at 12:00 pm

Drought conditions in the U.S. have improved somewhat from last year, but much of the Midwest, from the Dakotas to Texas, continues to suffer from moderate to exceptional drought. Conditions ...
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76764023

How the U.S. Is Making the Rest of the World Fat

Posted: April 4, 2013 at 7:05 am

People who live in nations where most residents were thin, at least as measured against the tremendous number of obese Americans, are getting fatter. Bloomberg blames this, in part, on ...
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Corn Field

Argus Model Portfolio Change Adds Newmont and Unloads Monsanto

Posted: April 3, 2013 at 10:50 am

Argus offers investors what is generally considered to be truly independent research. The firm has none of the possible conflicts of interest that you might see from traditional Wall St. ...
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Tractor in field on farm

The Corn Is High for Monsanto

Posted: April 3, 2013 at 8:30 am

Monsanto Co. (NYSE: MON) reported second-quarter fiscal 2013 results before markets opened this morning. The fertilizer and seed maker reported adjusted diluted earnings per share (EPS) of $2.73 on revenue ...
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supermarket

Ralcorp Acquisition Hits ConAgra Results

Posted: April 3, 2013 at 8:05 am

ConAgra Foods Inc. (NYSE: CAG) reported fiscal third-quarter 2013 results before markets opened this morning. The food processor and packager reported adjusted diluted earnings per share (EPS) of $0.55 on ...
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Corn Field

Corn Planting at 77-Year High

Posted: March 28, 2013 at 2:13 pm

The latest report on U.S. crop plantings for this year have sent corn prices tumbling more than 5% today and ended the day’s trading when prices fell the maximum allowable ...
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China

Going Private — an Option for China’s Solar Companies?

Posted: March 28, 2013 at 11:40 am

Chinese for-profit education company Ambow Education Holding Ltd. (NYSE: AMBO) got some bad news earlier this week. A proposed buyout by private equity firm Barings Asia Private Equity Fund V ...
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supermarket

IPO Glory for Pinnacle Foods

Posted: March 28, 2013 at 10:00 am

The maker of Vlasic Pickles, Celeste Frozen Pizza, Van de Kamp fish sticks and a variety of other frozen and packaged foods, Pinnacle Foods Inc. (NYSE: PF) priced its initial ...
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