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+ Food Business Review Latest News +

Latest news from Food Business Review
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Last Update: Tue Jun 10 01:26:04 2008

+ Cagle's reports loss in 2008 +

Cagle's, which produces, markets and distributes frozen poultry products, has reported a loss of $0.77 million or $0.17 per ...

+ Nathan's Famous annual net income up 18% +

Nathan's Famous, which operates and franchises fast food units, has reported a net income of $6.55 million, or $1.01 per share ...

+ Wimm-Bill-Dann Foods Q1 net income up 31% +

Wimm-Bill-Dann Foods, a manufacturer of dairy and juice products, has reported net income of $41.9 million for the first quarter ended ...

+ Subway opens new restaurant in California +

Subway, a submarine sandwich franchise, has opened a new restaurant in Bell Gardens, ...

+ Penford appoints vice president of corporate development +

Penford, which develops, manufactures and markets specialty natural-based ingredient systems, has appointed Andy Dratt as vice ...

+ Consumer products' growth rate likely to decelerate, says Godrej & Boyce's MD +

In the next six months, the growth rate in consumer products is expected to decelerate as a result of high input costs and inflation, ...

+ Bimbo forecasts 6% rise in annual profits +

Bread maker Bimbo has said that it expects net sales to go up 6% in 2008, revealed Reuters. By 2010, it hopes to report sales of $1 ...

+ South African power crisis costs Nestle $4.72 million, says regional CEO +

Yves Manghardt, CEO of Nestle southern Africa, has said that, in order to overcome power shortage in South Africa, the company has ...

+ IAWS announces merger with Hiestand +

Food group IAWS and Swiss-baker Hiestand Holding have announced that they would merge to create ...

+ Court orders Nestle India not to use Yo trademark +

The Delhi High Court has issued an interim injunction restraining Nestle India from using the Yo trademark in packaging, advertising, ...

+ Italy's antitrust authority levies E2.2 million fine on Parmalat +

For delays in selling its Newlat unit, food group Parmalat has been fined E2.2 million by the antitrust authority of Italy, according ...

+ Herbalife says no lead issue in its products +

Herbalife, a network marketing company that sells weight-management, nutrition, and personal care products, has said that testing at ...

+ Unilever spends $440,000 to lobby US government +

In the first three months of 2008, consumer products company Unilever US has put in $440,000 to lobby the US government on a variety ...

+ Pez Candy to introduce chocolate flavor +

Pez Candy has announced that it will add a new chocolate flavored candy to its product line in July ...

+ Stop & Shop alerts customers to voluntary recall of Post LiveActive cereal +

The Stop & Shop Supermarket Company, following a voluntary recall by Kraft Foods, has removed from its shelves all 13-ounce ...

+ ForeverGreen reports increased sales in Mexico +

ForeverGreen, a manufacturer and distributor of all natural whole foods, has announced that it is realizing increased sales in ...

+ Del Monte Foods Q4 sales up 11% +

Del Monte Foods, a producer, distributor and marketer of branded food and pet products, has reported net sales of $1.04 billion for ...

+ Smithfield Foods Q4 net income down +

Smithfield Foods, a hog producer, and pork and beef processor, has reported a net income of $2.4 million for the fourth quarter ended ...

+ Maui Wowi Hawaiian signs master franchise agreement with Dubai Enterprises +

Maui Wowi Hawaiian, a franchise which offers natural Hawaiian products and smoothies, has expanded its worldwide corporate family to ...

+ Saputo annual net earnings up 21% +

Dairy group Saputo has reported net earnings of C$288.2 million or C$1.40 basic per share for the fiscal year ended March 31, 2008, a ...


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