Advertisement
News
Subscribe to Food Manufacturing News
View Sample

FREE Email Newsletter

Today in Food Manufacturing

Daily news and top headlines for food manufacturing professionals

Dole Food Stock Falls

March 13, 2013 11:10 am

Dole plunged more than 8 percent in premarket trading Wednesday after the company fell short of expectations for its fourth quarter, citing lower banana prices in North America. Late Tuesday Dole Food reported an adjusted loss from continuing operations of 59 cents per share for the period ended Dec. 29. Its revenue fell 8 percent to $888 million from $962 million.

TOPICS:

Analyst Endorses Chiquita's Focus

March 13, 2013 9:28 am | by The Associated Press

Chiquita Brands International Inc. has a good chance at being successful with its strategy of refocusing on core businesses like bananas and pineapples and becoming more efficient, said a Janney Capital Markets analyst after the produce company reported a big fourth-quarter loss.

TOPICS:

China Pulls 5,916 Pigs from Shanghai River

March 13, 2013 9:26 am | by DIDI TANG, Associated Press

The number of dead pigs found floating in a river flowing into Shanghai has reached nearly 6,000. The Shanghai municipal government said in an online announcement that 5,916 swine carcasses had been retrieved from Huangpu River by 3 p.m. Tuesday, but added that municipal water remains safe.

Advertisement

FDA Head Says Menu Labeling 'Thorny' Issue

March 13, 2013 9:23 am | by MARY CLARE JALONICK, Associated Press

Diners will have to wait a little longer to find calorie counts on most restaurant chain menus, in supermarkets and on vending machines. Writing a new menu labeling law "has gotten extremely thorny," says the head of the Food and Drug Administration, as the agency tries to figure out who should be covered by it.

TOPICS:

To Mayor, NYC Soda Ruling Just 'Temporary Setback'

March 13, 2013 9:21 am | by JENNIFER PELTZ, Associated Press

Despite Mayor Michael Bloomberg's bullishness, political realities and legal questions make for an uncertain future for one of the premier pieces of his legacy: a now-blocked ban on supersized sugary drinks. The city lost no time Tuesday getting started on the next round of the fight after a judge nixed the first-of-its-kind regulation.

TOPICS:

Twinkies Buyers Hungry for More Hostess Cakes

March 13, 2013 9:18 am | by CANDICE CHOI, AP Food Industry Writer

The new buyers of Twinkies apparently developed a sweet tooth for Hostess snack cakes.Apollo Global Management and Metropoulos & Co., which made a joint offer to snap up the famous cream-filled cakes, have also entered the contest to buy Drake's, which include Devil Dogs and Yodels.

TOPICS:

Feds Bust up $100M NC Crop Insurance Fraud Ring

March 13, 2013 9:15 am | by MICHAEL BIESECKER, Associated Press

Federal investigators have unraveled a massive scheme among dozens of insurance agents, claims adjusters, brokers and farmers in eastern North Carolina to steal at least $100 million from the government-backed program that insures crops.

TOPICS:

Photo of the Day: Sweet Donations

March 13, 2013 8:00 am

Honorary Red Cross Cookie Chairman, Ernie Keebler, delivers a sweet treat to thank a blood donor. After each blood and platelet donation, the Red Cross and Keebler treat donors to cookies and beverages as a way to say 'thank you' for making a positive difference in the lives of others.

TOPICS:
Advertisement

Consumer Trends: Trends in Beef and Pork Entrees

March 12, 2013 1:00 pm

Beef and pork are traditional fixtures on restaurant menus and represent classic favorites on the center of the plate. But now that rising meat costs are beginning to impact restaurant prices, it's more essential for operators to learn consumers' current attitudes and preferences towards beef and pork dishes—trends that can be addressed via menu development and innovative preparations.

TOPICS:

Photo of the Day: Winning Cups of Comfort

March 12, 2013 8:00 am

The North American Tea Championship (NATC), held Feb. 27 - 28 in Las Vegas, Nev., evaluated premium hot teas from the fall 2012 harvest and announced the 22 best, high-quality teas in various categories, as well as the first-ever Judge's Choice Award. The Championship is the only independent and professionally-judged tea competition in North America., and all of the winners are commercially available in the marketplace.

TOPICS:

Old Sausage Found at Polish Meat Plant

March 12, 2013 8:00 am

A local veterinary inspector has been suspended in northern Poland after evidence was found of old sausages and meat stored at a processing plant. Last week, TVN24 showed footage of green-colored sausages at the plant, while an anonymous worker was heard saying they would be cleaned, dried and added to new products. Another man said that tons of old meat were added to products instead of being destroyed.

TOPICS:

Recent Storms Ease Drought in Nation's Midsection

March 11, 2013 11:15 pm | by JIM SALTER & JIM SUHR, Associated Press

Recent rain and snowstorms have eased the grip of the worst U.S. drought in decades in portions of the nation's midsection, swelling some major inland rivers to near flood stage and drenching some farmland enough to possibly delay fast-approaching spring planting.

TOPICS:

Daily Sound Bite: Drink 'Em If Ya Got 'Em

March 11, 2013 11:09 pm

Late Monday, New York State Supreme Court Justice Milton Tingling struck down New York City Mayor Michael Bloomberg's controversial legislation banning the sale of large sugary beverages in the city. The judge questioned the potential effectiveness of the restriction.

TOPICS:

America's New Love: Water

March 11, 2013 10:58 pm | by CANDICE CHOI, AP Food Industry Writer

For more than two decades, soda was the No. 1 drink in the U.S. with per capita consumption peaking in 1998 at 54 gallons a year, according industry tracker Beverage Digest. Americans drank just 42 gallons a year of water at the time.

TOPICS:

Judge Strikes Down NYC Big Soda Ban

March 11, 2013 10:49 pm | by JENNIFER PELTZ, Associated Press

 A judge struck down New York City's pioneering ban on big sugary drinks Monday just hours before it was supposed to take effect, handing a defeat to health-minded Mayor Michael Bloomberg and creating confusion for restaurants that had already ordered smaller cups and changed their menus.

TOPICS:

Diamond Foods Posts 2Q Profit As Charges Shrink

March 11, 2013 10:45 pm

Snack foods maker Diamond Foods Inc. said Monday that it turned a profit in its fiscal second quarter after taking a loss on one-time charges a year ago. For the three months ended Jan. 31, net income totaled $10.1 million, or 43 cents per share. A year ago it took a loss of $20.2 million, or 93 cents per share.

TOPICS:

General Mills Testing Meal Delivery Service

March 11, 2013 10:41 pm

General Mills is testing a meal delivery service in the Twin Cities. The Golden Valley packaged food giant is targeting the frozen meals at seniors. General Mills has developed 25 meals under the Betty Crocker Kitchens name that will be distributed by CobornsDelivers.

Consumer Trends: Opportunities in Canada's Prepared-Foods Sector

March 11, 2013 1:00 pm

Shifting consumer behavior and patronage is pushing Canada's prepared-foods sector forward, as 42 percent of today's consumers report purchasing retailer meal solutions (RMS) four times or more per month, compared to just 36 percent who did the same two years ago. Additionally, consumers are now purchasing lunch and dinner RMS from a wider variety of retailers than they were just two years ago.

TOPICS:

Daily Sound Bite: Smithfield Considers Split

March 11, 2013 12:24 pm

Continental Grain Co., which holds a 5.8 percent stake in Smithfield Foods, sent a letter to Smithfield's board of directors, suggesting the company split itself into three separate business units. Smithfield shares rose Friday as the company announced its intention to review the recommendation.

TOPICS:

Wash. Rule Hurts Small Liquor Stores

March 11, 2013 11:37 am | by JERRY CORNFIELD,The Everett Herald

A Washington state rule requires that contract stores and buyers of state-owned stores charge a 17 percent fee on sales to bars and restaurants, and restaurateurs are switching to buy from distributors who are not required by law to impose the fee.

TOPICS:

Pages

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading