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food & beverage

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Nestle Shares Undervalued, Says Barron's: NEW YORK (Reuters) - Nestle SA (NESN) shares look undervalued and could rise 20 percent over the next 12 months, weekly financial Barron's said on Sunday. "Arguably, they're the strongest food company in the world," Eric Scher, a Sanford C. Bernstein analyst told...; Tags: Sales strategy, Pricing, Nestle, Zurich, nutrition, pricing strategy, food, sales, Thomson Reuters Corp., analyst, acquisition, operating margin, health care; News items 2008-05-04
Sara Lee Able to Pass on Rising Costs: Like all food producers, Sara Lee is dealing with soaring costs of basic commodities. Unlike many, however, it has been able to pass those costs on to consumers. The trouble is, most of its other costs are rising, too. Forbes.com lists them in the first paragraph of...; Tags: Sara Lee Corp., Food & Beverage, Manufacturing, Dan Mitchell; Blog posts 2008-05-06
Vietnam Bans Rice Speculation: By Grant McCool HO CHI MINH CITY (Reuters UK) - Vietnam banned rice speculation after a surge in buying over the weekend in southern Vietnam but said it had sufficient stocks for domestic consumption and exports. The ban is the latest sign of growing unease over...; Tags: Food, Food & Beverage, Government, Manufacturing, Oukbs, Vietnam; News items 2008-04-27
Report: McDonald's Specialty Coffee Sales 'Tepid': In January, Chris Dannen predicted on Fast Company magazine's blog that McDonald's would me "maimed" by its attempt to take on Starbucks by offering a new line of specialty coffees. The new drinks will have "little more than the potential to alienate customers, confuse its menu and open up a...; Tags: Beverage, McDonald's Corp., Food & Beverage, Sales Strategy, Manufacturing, Sales, Dan Mitchell; Blog posts 2008-05-13
Premier Foods Says Trading in Line With Forecasts: LONDON (Reuters UK) - Premier Foods (PFD) said on Tuesday its trading for the 17 weeks to 26 April was in line with expectations, and that it was making progress recovering rises in commodity prices. The maker of Hovis bread, which cut its dividend and ...; Tags: Food, Premier Food, Food & Beverage, Manufacturing, Oukbs, Premierfoods, Trading; News items 2008-05-13

Tax Rebates Unlikely to Help Restaurants: The tax rebate checks being mailed out by the federal government won't do much for the restaurant industry, according to a survey by Technomic. The foodservice research outfit found that about 10 percent of consumers plan to use their checks to indulge in a night out at a nice restaurant,...; Tags: Food, NPD Group Inc., Food & Beverage, Taxes, Sales Channel, Free Trade, Financial Services, Manufacturing, Financial Planning, Finance, Sales, Dan Mitchell; Blog posts 2008-05-09
Diageo to Sell Part of Dublin Guinness Site: LONDON (Reuters UK) - Drinks group Diageo (DGE) is expected to announce plans this week to close part of its historic Guinness brewery site in Dublin and sell the land for redevelopment, the Times reported on Monday. The company launched a review last June that valued...; Tags: Diageo Plc., Food & Beverage, Manufacturing, Guinness, Oukbs; News items 2008-05-05
How to Pick an Afternoon Snack: Lots of folks claim that the easiest way to lose weight is to eat small meals supplemented by little snacks throughout the day. If that plan doesn't lead to eating fewer calories in general, then I'm a bit skeptical of its weight-loss benefits, but it does have a major perk...; Tags: Snack, Whelan, Food & Beverage, Manufacturing, David Goldenberg; Blog posts 2008-05-12
Dr Pepper Snapple Shares Get Tepid Reception: By Martinne Geller NEW YORK (Reuters) - Dr Pepper Snapple Group Inc (DPS) shares began trading in New York on Wednesday at a lower-than-expected $25, showing that U.S. investors are hesitant to invest in the country's third-largest soft drink maker. But...; Tags: Food & Beverage, beverage, PepsiCo, New York Stock Exchange, New York, brand, health care, stock, U.S., analyst, sales, Thomson Reuters Corp.; News items 2008-05-07
Dr Pepper Snapple Shares Get Tepid Reception: By Martinne Geller NEW YORK (Reuters UK) - Dr Pepper Snapple Group (DPS) shares began trading in New York on Wednesday at a lower-than-expected $25, showing that U.S. investors are hesitant to invest in the country's third-largest soft drink maker. But the shares of Dr Pepper...; Tags: Beverage, Food & Beverage, Manufacturing, Coca-Cola Co., Dr Pepper Snapple, Oukbs, PepsiCo, US; News items 2008-05-07
Jones Soda Pushes for Expansion Despite Sinking Economy: Just over a week ago, Jones Soda announced in a filing with Securities and Exchange Commission that three of its directors would not be standing for re-election. The departures of Scott Bedbury, John Gallagher Jr and Alfred Rossow Jr were "not because of a disagreement with the company, nor...; Tags: Beverage, Marketing Cost, Jones, Food & Beverage, Manufacturing, Dan Mitchell; Blog posts 2008-05-02
China May Be KFC's Salvation as U.S. Faces Recession: By Samuel Shen SHANGHAI (Reuters UK) - With a possible U.S. recession looming, Colonel Sanders is turning to China to fill the breach, offering a menu of fried dough and preserved egg porridge alongside the chicken that turned KFC into an American icon. Beset by...; Tags: China, Pizza Hut, KFC, Yum, Sam Su, Food & Beverage, Sales Strategy, US; News items 2008-05-05
Enodis Says Adjusted Pretax Profit Up 6 Percent: LONDON (Reuters UK) - Food equipment maker Enodis (ENO), which has agreed Illinois Tool Works's (ITW) 1.03 billion pounds bid, posted a 6 percent rise in first-half underlying profit on Tuesday. Enodis, which makes fryers and grills for fast-food restaurants such as McDonald's (MCD), said...; Tags: Pound, Enodis, Food & Beverage, Performance Management, Manufacturing, Human Resources, Illinois Tool Works Inc., McDonald's Corp.; News items 2008-05-13
Coca-Cola Seeks More Acquisitions to Grow Business: TOKYO (Reuters) - Coca-Cola Co (KO), the world's biggest drinks maker, is seeking more acquisition opportunities in the fast-growing soft drinks market to expand its revenue sources, the company's CEO-in-waiting said on Tuesday. Sales of established soft drinks are declining in the ...; Tags: Acquisition, Coca-Cola Co., Beverage, Coke, Food & Beverage, Sales Strategy, Sales, PepsiCo; News items 2008-05-13
Factory Gate Inflation Hits Record High: LONDON (Reuters UK) - Factory gate prices and producers' costs rose at a record pace in April, official statistics showed on Monday, as fuel and food costs soared. The Office for National Statistics said that output prices rose an unadjusted 1.4 percent on the month in...; Tags: Food, Figure, Inflation, Food & Beverage, Currency & Foreign Exchange, Manufacturing, Finance, Oukbs; News items 2008-05-12
Central Bankers Sound Alarm Over Food Prices: By Krista Hughes and Dominic Lau BASEL, Switzerland (Reuters) - Soaring food prices are helping to push up inflation all around the world, central bankers said on Monday, urging more market competition and free trade to even out prices. With food prices rising...; Tags: Currency & Foreign exchange, Financial accounting, Financial services, Asset management, Investment, Bank for International Settlements, financial market, inflation, interest rate, bond, policymaker, financial, bank, asset price, asset, liquidity, U.S., stock market, Thoms; News items 2008-05-05
Cadbury Starts Solo Against Bid Background: By David Jones LONDON (Reuters UK) - Cadbury (CBRY) must improve profit margins and earnings or become a sitting duck for a bid, analysts said on Friday as the company started trading as a standalone confectionery group. London-based Cadbury needs to boost margins towards the ...; Tags: Cadbury Schweppes Plc., Food & Beverage, Manufacturing, Coca-Cola Co., Hershey Co., Kraft Foods Inc., PepsiCo, William Wrigley Jr. Co.; News items 2008-05-02
U.S. Rice Jumps to Record High on Supply Fears: By Miho Yoshikawa and Nigel Hunt TOKYO/LONDON (Reuters) - U.S. rice futures rose to a fresh all-time high on Wednesday on worries about supply shortages which have triggered political unrest and export restrictions designed to protect dwindling domestic stocks. Chicago Board of Trade...; Tags: Financial accounting, curb, unrest, food, stock, financial market, Thomson Reuters Corp., analyst, leader, financial; News items 2008-04-23
5 Ways to Foil Lunch Thieves: The top workplace etiquette complaint among office workers? Raiders of the lost lunch. A recent study found that a whopping 97.8 percent of office dwellers believed fridge thieves to be the worst offenders. The Lean Cuisine has left the building. The takeout has taken off. So...; Tags: Food & Beverage, Team management, Nothing, CC Holland, takeout; Blog posts 2008-05-09
Wal-Mart Quarterly Profit Rises: NEW YORK (Reuters) - Wal-Mart Stores Inc (WMT), the world's largest retailer, reported higher quarterly profit on Tuesday as discounts drew U.S. shoppers looking for bargains on necessities like food and pharmacy items. Net income rose to $3.02 billion, or 76 cents per...; Tags: Wal-Mart Stores Inc., Quarterly Profit, Food & Beverage, Manufacturing, Target Corp.; News items 2008-05-13