B&G Foods has reported higher first-half profits as last year's acquisition of a clutch of brands from Unilever continued to benefit the US food group. The company yesterday (19 July) booked a 26.6% increase in net income to US$32.8m for ...
Tags: B&G Foods, Unilever Brands, US food
Chinese infant nutrition group Feihe International has booked an increase in third-quarter profits,which it said were"significantly better"thanks to a focus on higher-margin products. In an earnings release on Friday(9 November),Feihe ...
Tags: profits, higher-margin products, net profit, Feihe
Lexmark International has exited the inkjet printer business and is laying off 1,700 people as part of a restructuring plan to improve profitability. Lexmark's restructuring will result in job cuts mainly tied to the inkjet ...
Tags: Layoff, Lexmark, inkjet printer
US private-label food group Ralcorp Holdings has reported an increase in third-quarter profits, helped by higher sales and a gain from hedging contracts. Ralcorp, which makes cereals, sauces and pasta for US retailers, booked net earnings ...
Tags: private-label food, cereals, sauces, pasta, stocks
Unilever CEO Paul Polman is one of the most prominent advocates of companies pursuing an agenda of sustainability and this week he outlined the company's progress. Meanwhile, Wal-Mart Stores was forced to react to claims of bribery in its ...
Tags: Unilever, sustainability, baby food, confectioner