Trading in Dr Pepper Snapple shares opened
Dr Pepper Snapple Group Inc., the US beverage company, was listed on the New York Stock Exchange yesterday, marking its official separation from Cadbury Schweppes Plc.
Pilgrim’s Pride posts large quarterly loss
Pilgrim’s Pride Corp., the largest US chicken producer, posted a surprisingly large quarterly loss on Monday due to higher feed costs and a restructuring charge.
Del Monte profits from higher banana prices
Fresh Del Monte Produce Inc. posts strong first-quarter as higher banana prices more than offset weakness in its other product lines.
Mars and Buffett acquire Wrigleys to create global confectionary firm
Mars Inc has teamed up with billionaire Warren Buffett to buy Wm Wrigley Jr Co, the world's largest chewing gum maker, for $23 billion, creating the world's largest confectionary company.
Wendy’s sold to billionaire investor Peltz for $2.34 billion
After a lengthy pursuit, Nelson Peltz buys Wendy’s International Inc, the third largest U.S. hamburger chain, in an all-stock takeover.
Tyson Foods to close Nebraska plant to improve efficiency
Tyson Foods Inc. closes its processing plant in York, Nebraska, becoming the latest U.S. food processor to streamline its business.