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Company News
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Lower Margins Have Hit Half-Year Profits at US C-Store Retailer Casey's General Stores
Dec 12, 2012Lower margins from gas sales have hit half-year profits at US c-store retailer Casey's General Stores. Net income fell 6.7% to US$71.9m for the six months to the end of October despite higher sales. Casey's pointed to lower margins from ...
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Nestle Has Recalled Pizza Sold Under Its Wagner and Buitoni Brands
Dec 12, 2012Nestle has recalled pizza sold under its Wagner and Buitoni brands in a number of European markets and Canada after consumers found metal pieces in a product. The Swiss food giant said today (11 December) two shoppers in Germany had ...
Tags: Nestle, pizza, recall, food safety
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NAT Has Just Invested in No Less Than 375 Units of Ayrton Wildsun 500 K7 Moving-Heads
Dec 12, 2012French entertainment lighting provider,New Advanced Technology(NAT),located 30km east of Paris,has just invested in no less than 375 units of Ayrton Wildsun 500 K7 moving-heads,following several tests and comparisons with other ...
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Safeway Inc Has Joined The Recall of Ground Beef Products Supplied by XL Foods
Dec 12, 2012US retailer Safeway Inc has joined the recall of ground beef products supplied by XL Foods over fears that it could be contaminated with e-coli. Ground beef sold at the self-service meat counter and full-service meet cooler at Safeway ...
Tags: Safeway Inc, recall, ground beef products, food safety
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Annie's Has Booked an Increase in First-Quarter Sales and Earnings
Dec 12, 2012California-based natural and organic food group Annie's has booked an increase in first-quarter sales and earnings. The company said yesterday (24 July) that net income increased to US$2.1m, up from $1.8m, as sales surged 20% to $34.3m. ...
Tags: increased penetration, organic food group, sales and earnings, Annie's
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Finnish Retailer S Group Has Booked Higher Half-Year Profits on The Back of Improved Sales
Dec 12, 2012Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company
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Stater Bros. Reportes a Drop in Q3 Profits as an Increase in Costs Offset Higher Sales
Dec 12, 2012US retailer Stater Bros. has reported a drop in third-quarter profits as an increase in costs offset higher sales. Stater Bros., which runs over 160 stores in California, booked net income of US$7.2m for the 13 weeks to 24 June. A year ...
Tags: Bros, third quarter profits, sales, food company
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SCA Posted a 62% Year-on-Year Rise in Revenue to £1.67bn
Dec 12, 2012In half-year results published this morning, for the six months to 31 October, the group posted a 62% year-on-year rise in revenue to £1.67bn, while pre-tax profit rose 62.5% to £106.1m. The increase was driven by the ...
Tags: SCA Packaging, plastic packaging, packaging
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PepsiCo Is Aiming for The Biggest Launch The UK Crisp Category in Ten Years
Dec 12, 2012PepsiCo is aiming for the biggest launch the UK crisp category in ten years with the latest addition to its portfolio - Walkers Deep Ridged. The company's bold claim came as it announced it had developed a product it said "unlocks ...
Tags: PepsiCo, biggest launch, crisp category, latest addition
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Kraft Foods Has Booked an Increase in First-Half Profits
Dec 12, 2012Kraft Foods has booked an increase in first-half profits, despite recording a fall in sales, thanks to productivity and price gains. In the six months to the end of June, net profit increased 4.2% to US$1.85bn. Operating profit in the ...
Tags: Kraft Foods, first half profits, fall in sales, food price
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Purac Has Launched Its Puralact for Enhancement of Coating Resins
Dec 12, 2012Purac has launched its new range of Puralact, special grade lactides. Puralact offer several benefits for enhancement of coating resins. The main advantage of incorporating Puralact is a significantly reduced resin viscosity. This provides ...
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Sainsbury's Reported an Increase in Half-Year Profits
Dec 12, 2012Sainsbury's this morning (14 November) reported an increase in half-year profits, a period in which the UK retailer said it had "outperformed" its competitors. Pre-tax profits were up 2.5% to GBP405m in the 28 weeks to 29 September. ...
Tags: Sainsbury's, half year profits, increase, food industry
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TDK Life on Record Announced The Retail Availability for Three New Wireless Speakers in US
Dec 12, 2012TDK Life on Record, a leading global brand with a rich audio legacy, today announced the retail availability for three new wireless speakers in the United States. Highly anticipated since debuting in September 2012 at the prestigious IFA ...
Tags: TDK, audio legacy, wireless speakers, Consumer Electronics
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PepsiCo's Frito-Lay Snacks Division Is to Invest US$38m in Expansion of Its Distribution
Dec 12, 2012PepsiCo's Frito-Lay snacks division is to invest US$38m in the expansion of its distribution and manufacturing facility in Connecticut. The 370,000 sq ft plant in Killingly, which employs around 600 staff, will benefit from "innovative ...
Tags: PepsiCo's Frito-Lay, snacks division, expansion of distribution
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Precot Meridian Is Planning to Close Down Fabric Division
Dec 12, 2012Precot Meridian Limited,a leading manufacturer of yarn and fabrics,is planning to close down its fabric division since the division has not made any contribution to the company's profit. According to the company,significant increase in ...
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