Nationwide Retirement Solutions has introduced a new, flexible public sector retirement plan offering to answer requirements of small case plan sponsors. Designed to address employees' unique retirement savings requirements, the new ...
Dean Foods' share price was down 9% today (13 February) after the US dairy giant issued a cautious outlook for the year. Shares in the group were down to US$16.73 in early morning US trading today, despite the firm booking earnings of ...
Tags: Dean Foods, share price, dairy giant
US dairy company Dean Foods has reported that its net earnings increased to $167.5m for the fiscal 2012, compared to a loss of $1.58bn for the same period in 2011. For the year ended 31 December 2012, the company reported 2% decline in ...
Tags: dairy company, Dean Foods, net earnings
Kellogg has added to its frozen food line in the US with the launch of products into its Special K, Eggo and MorningStar Farms ranges. For the Special K brand, Kellogg has introduced Flatbread Breakfast Sandwiches in three variants: ...
Tags: Kellogg, frozen food line, US
US-based food company Kellogg has introduced new frozen food range under its Special K, Eggo and MorningStar Farms brands. The new products include frozen Flatbread Breakfast Sandwiches, Red Berry waffles, Drizzlers waffles featuring ...
Tags: frozen food, food company, food industry
Market watchers predict the local sharemarket will forge further ahead this year after surging almost 15 per cent last year, the result of a second-half recovery that defied concerns about sovereign debt in Europe and the US and a Chinese ...
Tags: shares, 2013, non resource sectors, sharemarket
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led ...
Tags: salty snacks, Intersnack, Hula Hoops, McCoy's, Skips, dairy, pork sector
TreeHouse Foods has named Dean Foods executive Chris Sliva as COO of its Bay Valley Foods unit. Sliva's appointment to the newly-created role reflects the "new alignment" of its senior management, TreeHouse said. This is a reflection of ...
Tags: TreeHouse Foods, Dean Foods, Chris Sliva, Bay Valley Foods unit
US food and beverage company Dean Foods has entered into an agreement to sell its Morningstar Foods unit to Canadian dairy company Saputo for $1.45bn. Morningstar Foods is a producer of dairy and non-dairy extended shelf-life and ...
Tags: food, beverage, Dean Foods, sell, dairy
Canadian dairy firm Saputo has signed a deal to acquire the Morningstar business of Dean Foods. The US$1.45bn deal will be financed through a newly-committed bank loan, Saputo said today (3 December). The acquisition will help expand the ...
Tags: dairy, Morningstar, Dean Foods, acquire
US dairy company Dean Foods has swung to a profit of$36.44m in the third quarter of 2012,compared to a loss of$1.55bn in 2011,when the company incurred a$1.9bn goodwill impairment charge related to its Fresh Dairy Direct segment. Net ...
Tags: profit, net sales, quarter results
Dean Foods, a US-based dairy company, has reported that its net income totaled $56.1m for the second quarter ended 30 June 2012, compared to a loss of $50.5m for the same period in 2011. The company posted 5.15% decrease in net revenues ...
Tags: net income, processor and distributor of milk, cultured dairy products
US-based food company Kraft Foods is seeking to sell its Breakstone's sour cream and cottage cheese products unit,which is estimated to be worth$400m. Mexico-based Dairy firm Grupo Lala is planning to acquire Breakstone's ...
Tags: sour cream, cheese products, Kraft Foods, brand
US dairy giant Dean Foods raised its full-year earnings outlook after booking better than expected third-quarter profits. Dean Foods said third-quarter net income rose to US$36.4m,up from a loss of$1.5bn last year when the company booked ...
Tags: earnings outlook, net income, change