Chinese state-owned Bright Food is looking at options to acquire Israel’s major food manufacturer and distributor Tnuva, as part of its efforts to further expand its presence overseas. Tnuva owns seven of the top ten leading food ...
Tags: Bright Food, Food
UK cereal maker Weetabix has had its WeetaKid mobile app banned for making children feel "inferior" if they did not eat the company's products. The app fell foul of the UK's Advertising Standards Authority, which ruled it "exploited" the ...
Tags: cereal maker, Weetabix, mobile app
Post Holdings said this morning (22 October) that it expects to "meet or slightly exceed" its full-year earnings forecasts. The ready-to-eat cereal maker said that it expects to hit, or beat, its previously announced EBITDA guidance range ...
Tags: Post Holdings, earnings, cereal, food market
US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, earnings
Ralcorp Holding has sold its remaining stake in cereal maker Post Holdings as it looks to free up funds to support its growth strategy. The company said that the sale of its remaining 20% Post stake will reduce outstanding debt by ...
Tags: Ralcorp Holding, Post Holdings, growth strategy, food industry
Weetabix has had its second UK television advert banned in the last month by the country's advertising watchdog. The advert for its namesake Weetabix cereal, which was broadcast in July 2011, showed a family having breakfast and comparing ...
Tags: country's advertising watchdog, ASA, advert
UK cereal maker Dorset Cereals has entered a niche market with the launch of a line of Breakfast Pots. This is the newest addition to the cereal maker's portfolio and proves innovation has been high on the firm's agenda, with the company ...
Tags: Breakfast Pots, variants, Dorset Cereals
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
Arla Foods revealed 250 jobs could be cut as it drives efficiency and tries to keep pace with its international competitors - and admitted more could be made. The race to buy frozen food giant Iglo Group also continued to make the headlines ...
Tags: Arla Foods, revealed revealed jobs, frozen food, pork, food labels