http://www.execdigital.com/FoodandDrink/ Food and drink news for executives in the USA. Covering issues in food technology, consumer satisfaction, ethical sourcing, healthy eating, marketing. Kellogg Co will acquire the assets of privately held US contract manufacturing business IndyBake Products LLC and Brownie Products Co http://www.execdigital.com/FoodandDrink/Kellogg-to-acquire-cookie-manufacturers-_7520.aspx http://www.execdigital.com/FoodandDrink/Kellogg-to-acquire-cookie-manufacturers-_7520.aspx Fri, 05 Sep 2008 06:16:44 GMT Food and Bev US Kraft Foods Inc has lowered its full-year profit forecast to earnings of US$1 88 a share, as its Post cereals business reduces earnings http://www.execdigital.com/FoodandDrink/Kraft-Foods-lowers-2008-guidance_7499.aspx http://www.execdigital.com/FoodandDrink/Kraft-Foods-lowers-2008-guidance_7499.aspx Thu, 04 Sep 2008 09:04:59 GMT Food and Bev US The Coca-Cola Company has said that it will make a cash offer to purchase China Huiyuan Juice Group Ltd in a deal worth US$2 4 billion http://www.execdigital.com/FoodandDrink/Coca-Cola-to-buy-Huiyuan-juice_7456.aspx http://www.execdigital.com/FoodandDrink/Coca-Cola-to-buy-Huiyuan-juice_7456.aspx Wed, 03 Sep 2008 11:43:42 GMT Food and Bev US Coca-Cola Co and Pepsi Co are both pursuing a new natural, no-calorie sweetener which comes from the South American stevia plant to create a sugar substitute http://www.execdigital.com/FoodandDrink/Pepsi-and-Coca-Cola-vie-for-stevia_7430.aspx http://www.execdigital.com/FoodandDrink/Pepsi-and-Coca-Cola-vie-for-stevia_7430.aspx Tue, 02 Sep 2008 07:25:28 GMT Food and Bev US Nestle SA has announced plans to add US$907 million to sales by the year 2011 through expansion into European markets http://www.execdigital.com/FoodandDrink/Nestle-to-boost-sales-in-Europe_7410.aspx http://www.execdigital.com/FoodandDrink/Nestle-to-boost-sales-in-Europe_7410.aspx Mon, 01 Sep 2008 10:30:18 GMT Food and Bev US Jeffery Ubben, Chief Executive of ValueAct Capital, has been appointed to the Sara Lee board of directors with immediate effect http://www.execdigital.com/FoodandDrink/Sara-Lee-appoints-new-board-member_7376.aspx http://www.execdigital.com/FoodandDrink/Sara-Lee-appoints-new-board-member_7376.aspx Fri, 29 Aug 2008 10:01:01 GMT Food and Bev US Starbucks Corp has revealed that CEO Howard Schultz and other executives will not receive raises in the next fiscal year following its first quarterly loss last month http://www.execdigital.com/FoodandDrink/Starbucks-executives-will-not-receive-raises_7346.aspx http://www.execdigital.com/FoodandDrink/Starbucks-executives-will-not-receive-raises_7346.aspx Thu, 28 Aug 2008 05:48:29 GMT Food and Bev US The Hain Celestial Group Inc has reported that net income fell 46 percent in the fourth quarter due to charges but posted strong sales growth http://www.execdigital.com/FoodandDrink/Hain-Celestial-sees-Q4-profit-fall_7335.aspx http://www.execdigital.com/FoodandDrink/Hain-Celestial-sees-Q4-profit-fall_7335.aspx Wed, 27 Aug 2008 11:28:57 GMT Food and Bev US Darden Restaurants Inc has announced that it expects first quarter earnings per share to be between US$0 60 and US$0 62 as it faces a challenging consumer environment http://www.execdigital.com/FoodandDrink/Darden-Restaurants-predicts-Q1-earnings_7303.aspx http://www.execdigital.com/FoodandDrink/Darden-Restaurants-predicts-Q1-earnings_7303.aspx Tue, 26 Aug 2008 10:10:35 GMT Food and Bev US Hormel Foods Corp has reported that third quarter net earnings were down nine percent to US$51 9 million as its Jennie-O Turkey Store saw operating profit drop 61 percent http://www.execdigital.com/FoodandDrink/Hormel-Foods-posts-Q3-decline_7253.aspx http://www.execdigital.com/FoodandDrink/Hormel-Foods-posts-Q3-decline_7253.aspx Fri, 22 Aug 2008 04:43:31 GMT Food and Bev US Burger King Holdings Inc today, August 21, reported a 9 5 percent increase in revenue in the last fiscal quarter, taking their profits to US$646 million http://www.execdigital.com/FoodandDrink/Burger-King-announces-whopper-profits_7244.aspx http://www.execdigital.com/FoodandDrink/Burger-King-announces-whopper-profits_7244.aspx Thu, 21 Aug 2008 09:43:19 GMT Food and Bev US McCormick & Co has announced the appointment of Lawrence Kurzius to President of McCormick International, effective September 1 http://www.execdigital.com/FoodandDrink/Kurzius-appointed-President-of-McCormick-International_7225.aspx http://www.execdigital.com/FoodandDrink/Kurzius-appointed-President-of-McCormick-International_7225.aspx Wed, 20 Aug 2008 09:40:36 GMT Food and Bev US Bisphenol A, otherwise known as BPA has been declared safe by the Food Safety Authority (FSA) although some researches have found that the chemical mimics estrogen in studies conducted on rats http://www.execdigital.com/FoodandDrink/Bisphenol-A-declared-safe-by-FSA-_7200.aspx http://www.execdigital.com/FoodandDrink/Bisphenol-A-declared-safe-by-FSA-_7200.aspx Mon, 18 Aug 2008 16:21:10 GMT Food and Bev US The J M Smucker Company has reported that net sales increased 18 percent to US$31 million in the first quarter of 2009 http://www.execdigital.com/FoodandDrink/Acquisitions-boost-J-M-Smucker-sales_7185.aspx http://www.execdigital.com/FoodandDrink/Acquisitions-boost-J-M-Smucker-sales_7185.aspx Fri, 15 Aug 2008 11:15:52 GMT Food and Bev US H J Heinz Company announced that sales increased 12 percent in fiscal 2008, driven by new products in its healthy lifestyle segments and emerging markets http://www.execdigital.com/FoodandDrink/New-products-drive-Heinz-sales-up-12-_7153.aspx http://www.execdigital.com/FoodandDrink/New-products-drive-Heinz-sales-up-12-_7153.aspx Thu, 14 Aug 2008 06:17:55 GMT Food and Bev US Dr Pepper Snapple Group Inc has seen earnings per share of US$0 42 in the second quarter, compared to US$0 54 per share last year, as the firm faces higher input costs http://www.execdigital.com/FoodandDrink/Dr-Pepper-Snapple-earnings-down-amid-higher-costs_7103.aspx http://www.execdigital.com/FoodandDrink/Dr-Pepper-Snapple-earnings-down-amid-higher-costs_7103.aspx Wed, 13 Aug 2008 09:34:24 GMT Food and Bev US Pilgrim’s Pride Corp has said that it plans to idle production at two of its plants in Arkansas and Louisiana, in a bid to return to profitability http://www.execdigital.com/FoodandDrink/Pilgrim-s-Pride-axes-600-jobs-_7086.aspx http://www.execdigital.com/FoodandDrink/Pilgrim-s-Pride-axes-600-jobs-_7086.aspx Tue, 12 Aug 2008 09:41:23 GMT Food and Bev US Kellogg Co has promoted its chief financial officer John Bryant to chief operating officer as it looks to strengthen its management team http://www.execdigital.com/FoodandDrink/Kellogg-names-Bryant-COO_7070.aspx http://www.execdigital.com/FoodandDrink/Kellogg-names-Bryant-COO_7070.aspx Mon, 11 Aug 2008 11:16:11 GMT Food and Bev US A natural, zero calorie sweetener is awaiting approval from the American Food and Drug Administration http://www.execdigital.com/FoodandDrink/PepsiCo-and-Cargill-announce-zero-calorie-sweetener_7040.aspx http://www.execdigital.com/FoodandDrink/PepsiCo-and-Cargill-announce-zero-calorie-sweetener_7040.aspx Fri, 08 Aug 2008 10:07:21 GMT Food and Bev US