A chunk of Dole Food Co.'s business could end up in the hands of one of Japan's largest trading houses it was announced this week - and China appears to be central to the potential deal. On Wednesday (12 September), Dole, which is in the ...
Tags: Food business, Food industry, Food, food sector
Taipei, Nov. 2, 2012 (CENS)--To stay competitive, Taiwan’s leading syndicated lenders, including Bank of Taiwan (BOT) and Mega International Commercial Bank, have offered rates below 2% as underwriters of some big loans recently. ...
Dutch food giant Vion's plans to sell its UK food businesses throwing into doubt the future of its 13,000 UK employees was"almost an inevitability,"according to leading City analysts. Julian Wild,food group director at legal firm ...
Tags: city analysts, Vion, Job cuts
Heinz reaffirms previously announced Fiscal 2013 full-year sales and profit outlook. Reconciliations of non-GAAP amounts are set forth in the attached financial tables.Results excluding productivity charges in Fiscal 2012 represent the ...
Tags: Heinz, sales, profit, food giant
US food giant Heinz has reported a 10%increase in first-quarter profits on the back of continued growth in emerging markets,which now account for a record share of turnover. Heinz booked a 9.5%gain in net income from continuing operations ...
Tags: emerging markets, profits, net income
US food giant Heinz is to report "strong" first-quarter results, its chief executive told shareholders today (28 August). Heinz chairman, president and CEO Bill Johnson told the ketchup firm's AGM it would file a 10% increase in net ...
Tags: food, Heinz, ketchup, sauces, increacing
Shares in Salesforce.com had risen 45 per cent since the start of the year,but lost five per cent of their value yesterday as markets became concerned about the long-term profitability of the business following a major buying spree. The ...
Tags: Salesforce.com, long-term profitability, cloud consulting firm, Oracle
Nestle's share price increased this morning (9 August) as the Kit-Kat maker booked an increase in first-half profit and reaffirmed its full-year guidance. The Swiss food giant reported an 8.9% increase in earnings of CHF5.12bn (US$5.26bn) ...
Tags: food, share price, emerging markets, price rises, cost-cutting, water
Danone has today(27 July)confirmed higher raw material costs hit margins in the first half of 2012,six weeks after surprising the market with a profit warning. The French food giant said trading operating margin fell 61 basis points to ...
Tags: raw material costs, margins, net income
US food giant General Mills is to launch around 40 yoghurt products in the US this year. Yoplait USA has lined up a range of new lines like Yoplait Greek 100,Yoplait Simplait,Yoplait Fruplait,Mountain High All Natural Yogurt,and ...
Tags: yoghurt, niche product, booming market
Kraft Foods is injecting further impetus behind its Milka chocolate brand in Europe with the launch of a biscuit and cake range in France. The new lines include three cake products and two biscuit variants. The launch proves Kraft is ...
Tags: Kraft Foods, chocolate, biscuit, cake
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