Kraft Raises Price of Maxwell House by 10%
As the price of arabica coffee rises, more and more coffee makers are raising their prices, too. Kraft Foods has increased the price of its famous Maxwell House and Yuban brands by 10%.
Companies and Brands
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Newest first · Page 175Hillshire Brands Bidding War: Patience Paying Off for Sara Lee Investors
It's been two years since the old Sara Lee business was broken up, but as the bidding war over Hillshire Brands proves, there was a lot of pent up value in the diversified consumer…
Jack Daniel’s Gives Brown-Forman a Shot
Sales of Jack Daniel's whiskey boosted Brown-Forman's fourth-quarter earnings. Premium whiskey continues to power growth, showing the spirit has far more staying power than other adult beverages, including tequila, vodka, and even wine.
Are Tobacco Dividend Yields Getting Too Low for the Risk?
ThinkstockThe trend of declining cigarette case volumes has been going on for years, or somewhere around two decades now. As of 2013, the Centers for Disease Control and Prevention (CDC) showed that only 18% of…
Hillshire Gets a Sweetened Offer From Pilgrim’s Pride
Pilgrim's Pride raised its buyout offer for Hillshire Brands to $55 a share late Monday. The offer is all cash and is valued at $7.7 billion.
Herbalife Claims Victory From Court Ruling
Following an appeals court ruling delivered late Monday, Herbalife issued a statement declaring that the decision "validates product consumption as a legitimate measure of demand for multi-level marketing companies."
Pinnacle Foods in a Pickle Over Buyout Offer
The food fight has begun. Just two weeks ago, Hillshire Farms offered to buy Pinnacle Foods for $6.6 billion, sending shares of the owner of Duncan Hines Cake Mix and Birds Eye Frozen Vegetables…
Are Tanning Bed Risks the New Cigarettes?
ThinkstockThe Food & Drug Administration has just put another dark cloud over the business of tanning booths. This FDA issue is a final order which reclassifies sunlamp products and ultraviolet lamps intended for use…
Playing Chicken: Tyson Raises Stakes in Bid for Hillshire
Tyson Foods, one of the nation's largest food-processing companies, has made an offer of $50 a share in cash for Hillshire Brands, trumping Tuesday's $45 a share offer from Pilgrim's Pride.
Diet Soda Drinkers Lose More Weight
courtesy of PepsiCoSales of diet soft drinks have been fizzling out for several years running, and the industry has not been able to come up with a way to stop the decline. Soft drink…
Pilgrim’s Pride Makes Hostile Bid for Hillshire
Pilgrim’s Pride has unveiled an unsolicited bid of about $6.4 billion to acquire food processor Hillshire Brands.
Living the Burger King Lifestyle Isn’t Cool
Thinkstock After 40 years of allowing customers to “Have It Your Way,” Burger King Worldwide (NYSE: BKW) wants you to know it identifies with self-expression and individualism, so now it’s OK to “Be Your Way.” Online ads…
World’s Largest Food Producers Also Among World’s Largest Polluters
ThinkstockIf the world’s 10 largest food producers were a country, that country would be the world’s 25th largest emitter of greenhouse gases (GHGs), pumping out more pollutants than Finland, Sweden, Denmark, and Norway —…
The GoPro IPO Filing Has Arrived — Risk and Reward Alike
GoPro S-1 FilingWhen 24/7 Wall St. identified and highlighted what we expected to be the top 10 initial public offerings for 2014, one of those was GoPro. And now GoPro has filed for public…
Campbell Soup Slices Guidance
Campbell Soup reported mixed third-quarter fiscal 2014 results and offered revised guidance before markets opened on Monday morning. Shares were down about 4.7% in premarket trading.