Shares in Kettle Chips owner Diamond Foods tumbled yesterday (15 November) after the US company posted lower earnings for 2010 and 2011 in restated accounts - and booked a loss for the first three quarters of its current financial year. ...
Tags: Diamond, outlook, financial reports
US cereal giant Kellogg has booked a drop in first-half profit as raw material prices and weakness in Europe weighed on earnings. Net profit in the six months to the end of June amounted to US$659m, a 7% decline on the prior-year period, ...
US-based Global packaging solutions provider MeadWestvaco will display its packaging solutions for the consumer electronics industry at the 2013 International Consumer Electronics Show (CES) from 8-11 January in Las Vegas, US. The ...
Tags: MWV, innovative packaging for the consumer electronics
About 12 European food and beverage manufacturers and retailers have made a commitment to harmonize nutrition labelling and information across all markets in the European Union (EU). As a part of this initiative, the companies plan to ...
Tags: food and beverage, manufacturers and retailers, nutrition labelling
Employee benefits agency Digital Insurance has acquired US based DSG Benefits Group. Established in 2004, DSG is licensed in over 30 states and will now operate under the banner of Digital Benefit Advisors (DBA), a division of Digital ...
Tags: Digital Insurance, DSG Benefits Group, DBA
Bridgelux has appointed Timothy Lester as chief financial officer (CFO). 'Tim has been an integral part of our team since he joined Bridgelux in 2010. He has more than demonstrated his ability to lead our company's financial operations, ...
Tags: North America, Bridgelux, Timothy Lester, CFO
US-based cereal producer Kellogg is recalling certain boxes and bowls of Mini-Wheats cereal as they contain fragments of flexible metal mesh from a faulty manufacturing part. The products being recalled include only Frosted Mini-Wheats ...
Branded food manufacturers are set to suffer further losses in market share as own-label products continue to grow in popularity,according to consumer market researcher,Kantar Worldpanel. In the soup:Tesco's decision to stock its ...
Tags: Branded food, own label products, market share, retailer
Chinese food and beverage firm Wahaha is in a leading position to acquire United Biscuits' snacks business, KP Snacks, for £520m. This move comes after the owners of United Biscuits, US private equity firm Blackstone and the French ...
Tags: food and beverage firm, leading position, snacks business
UK-based Shopitize has announced that Kellogg's and United Biscuits have signed up to trial its brand-to-consumer cashback mobile couponing service. The company noted that more than 1000 shoppers in Britain will start receiving deals ...
Tags: brand-to-consumer cashback mobile couponing service, exclusive deals
Kellogg Company,a US-based producer of cereals and convenience foods,is introducing a range of new products. Under the Special K snacks brand,the company is introducing Special K Pop Corn Chips,Pastry Crisps.It will be re-launching ...
Tags: cereals, convenience foods, snacks, Corn Chips, Pastry Crisps
Kashi,a US-based natural food company owned by Kellogg,has announced the national launch of Chocolate Almond Butter Cookie,a new soft baked cookie which combines decadent flavors and whole grains. The new cookie mixes cocoa,almond ...
Tags: natural food, Chocolate Almond Butter Cookie, soft baked cookie
Schneider Electric Canada has appointed Susan Uthayakumar VP for the Power business, where she is responsible for developing and executing the sales and marketing strategy. She will also continue to lead acquisition strategies within ...
Tags: Schneider Electric, Power business, sales and marketing strategy
US-based food company Kellogg has reported that its net earnings for the third quarter of 2012 increased 2.5%to$296m or$0.82 per share,compared to$290m or$0.80 per share for the same period in the previous year,due to the strong performance ...
Kellogg,a US-based cereal maker,has reported that its net income for the second quarter ended 30 June 2012 decreased by 10.6%to$301m,compared to$343m for the same period in 2011. The company posted 2.6%increase in net sales ...
Tags: net income, cereal, net sales, costs, foreign exchange