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| 22 Business News - Food Resources |
| Burger King To Be Acquired For $4 Billion |
| Burger King Holdings Inc. said Thursday it will be bought by private equity firm 3G Capital for $24 a share, or $4 billion, including the assumption of debt. The deal values the fast food company at a premium over its closing price of $18.86 a share on Wednesday. The deal comes after days of reports that the company would go private. |
| View Source | September 2, 2010 | Provides Information |
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| Campbell 4Q Net Up 64% After 2009 Write-Down; View Cautious |
| Campbell Soup Co.'s fiscal fourth-quarter earnings jumped 64% on prior-year write-downs while revenue at its soup business weakened. |
| View Source | September 3, 2010 | Provides Information |
| Campbell Soup considers biscuit buy |
| Campbell Soup Co , the world's largest soup maker, is weighing a bid for Britain's United Biscuits, a source familiar with the situation said Monday. |
| View Source | August 23, 2010 | Provides Information |
| Coca-Cola Acquires Russian Juice Co. Nidan; Terms Undisclosed |
| Coca-Cola Co. acquired Nidan Juices, one of the four largest juice makers in Russia, as the beverage giant continues its push into that market and its expansion in noncarbonated drinks. |
| View Source | September 1, 2010 | Provides Information |
| Coca-Cola profit tops Street view |
| Coca-Cola Co reported a higher-than-expected quarterly profit on Wednesday, helped by increased sales volume in most of its markets. |
| View Source | July 21, 2010 | Provides Information |
| Companies get sold on green, consumers wary |
| U.S. corporations looking to slash costs during the recession found some savings in environmentally conscious business practices, but a higher price tag on green products is a barrier to many consumers. |
| View Source | April 14, 2010 | Provides Information |
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| Domino's Pizza Names Michael Lawton CFO |
| Domino's Pizza Inc. said Friday that it named Michael Lawton as chief financial officer. Lawton succeeds Wendy Beck, who has accepted a position as chief financial officer of Norwegian Cruise Lines, in Miami, Florida. Beck will remain at Domino's through a transition period, working with Lawton, the company said. |
| View Source | August 20, 2010 | Provides Information |
| Drought ruins Russia wheat, US says no world crisis |
| As Russia faced drought losses on a quarter of its grain area and Pakistan feared floods had ruined half a million tonnes of wheat, the U.S. government slashed world wheat crop estimates but said there was no global crisis. |
| View Source | August 12, 2010 | Provides Information |
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| GRAINS-Wheat up 2 pct on forecast for Russian imports |
| U.S. wheat futures rallied 2 percent Thursday, snapping a two-day slide on larger-than-expected U.S. export sales and an estimate that Russia may import up to 6 million tonnes of grain. |
| View Source | August 26, 2010 | Provides Information |
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| Hormel posts profit beat, raises forecast |
| Strong sales of Jennie-O turkey and refrigerated foods helped Hormel Foods Corp (HRL.N) post higher-than-expected quarterly profit despite increased raw material costs for grocery products and Spam lunch meat. |
| View Source | August 20, 2010 | Provides Information |
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| J.M. Smucker 1Q Earnings Miss Expectations, Improves Full Year View |
| The J.M. Smucker Co., producer of big-name brands such as Jif peanut butter, Hungry Jack pancake mix, and Pillsbury, reported Friday worse-than-expected first quarter earnings, though its results improved from a year ago, leading the company to raise its full year outlook, and pushing shares higher. |
| View Source | August 20, 2010 | Provides Information |
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| KFC owners wonder what happened to the 'F' |
| Angered franchisees sue saying focus on grilled chicken has hurt the brand |
| View Source | August 16, 2010 | Provides Information |
| Kraft beats estimates, analysts wary on Cadbury |
| Kraft Foods Inc posted a higher-than-expected quarterly profit as it showed improvement in legacy businesses like beverages in the United States, while absorbing recently acquired chocolate maker Cadbury Plc. |
| View Source | May 6, 2010 | Provides Information |
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| Restaurant point of sale |
| Business Software Solutions provides a complete line of business accounting software products, including Restaurant POS Software and Retail POS Software as well as e-commerce software for retail and restaurant industries. Vary the Link Text equally between the following: restaurant software restaurant pos restaurant point of sale restaurant accounting system. |
| View Source | | Provides Products |
| Russia ban on grain export begins |
| Russia has imposed a ban on grain exports until the end of the year, after a severe drought and a spate of wildfires devastated crops. |
| View Source | August 15, 2010 | Provides Information |
| Russia will not import grain in 2010 - AgMin |
| Russia will not import grain in 2010, an Agriculture Ministry spokesman said on Friday, adding that traders had been spreading rumours of imports to heat up the market. |
| View Source | August 20, 2010 | Provides Information |
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| Senior Nestle Executive Leaves Food Giant |
| Food giant Nestle said Tuesday that Richard Laube, executive vice president in charge of Nestle Nutrition, has decided to leave the company with immediate effect. Nandu Nandkishore, Nestle Nutrition's global business head of infant nutrition, will take ad interim responsibility for Nestle Nutrition effective Tuesday. |
| View Source | August 31, 2010 | Provides Information |
| Stuffed US grain elevators brace for huge harvest |
| U.S. grain handlers, already burdened with big wheat inventories, are bracing for a mammoth corn and soybean harvest that starts in a few weeks across America's heartland. |
| View Source | August 25, 2010 | Provides Information |
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| Tyson profit rises, driven by beef, pork results |
| Tyson Foods Inc reported a higher-than-expected quarterly profit as the meat producer benefited from higher beef and pork prices and efforts to make its plants more efficient. |
| View Source | August 9, 2010 | Provides Information |
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| Wendy's/Arby's plans 180 restaurants in Russia |
| Wendy's/Arby's Group Inc said it plans to open 180 restaurants in Russia over the next 10 years, becoming the latest U.S. fast food chain to look to that market for growth. |
| View Source | August 10, 2010 | Provides Information |
| Wendy's/Arby's profit down, Arby's weak |
| Fast-food chain operator Wendy's/Arby's Group Inc lowered its 2010 earnings forecast, posted lower quarterly profit and revenue missed expectations as same-store sales at its Arby's roast beef sandwich restaurants tumbled. |
| View Source | August 12, 2010 | Provides Information |
| Wheat rises as drought may force Russia to import |
| U.S. and European wheat futures bounced 2 percent on Monday on improved export prospects and a drier weather forecast for drought-hit Russia, a major exporter seen turning to imports for the first time in 10 years. |
| View Source | August 23, 2010 | Provides Information |