Flowers Foods Inc.'s shares jumped in Monday trading as investors bet that the bakery company may benefit from the liquidation of Hostess Brands Inc. Hostess, which makes a number of well-known products such as Wonder Bread, Twinkies and Ding Dongs, was in bankruptcy court Monday to start the process of liquidating itself.
Campbell Soup's net income slipped 8 percent in the first quarter, as the world's biggest soup maker booked charges related to closing its oldest U.S. plant and a push into the faster-growing premium juice market. The company, which also makes Pepperidge Farm baked goods and V8 vegetable juices, on Tuesday cited the moves to reposition its business for the decline in its quarterly profit.
Travelers looking for a healthy meal on the go stand a better chance in Newark, N.J., than at other airports. That's the conclusion of a physicians' group, which ranked Hartsfield-Jackson Atlanta International Airport last. The report looked at the percentage of restaurants at an airport that offered at least one vegetarian meal that was low in fat, high in fiber and contained no cholesterol.
Hostess Brands Inc. and its second largest union agreed on Monday to try to resolve their differences after a bankruptcy court judge noted that the parties hadn't gone through the critical step of private mediation. That means the maker of the spongy cake with the mysterious cream filling won't go out of business yet.
Sparked by private label dollar share hitting a record high of $59.9 billion in 2011, members of the Ontario Food Cluster attended the PLMA 2012 Private Label Trade Show to highlight the cluster’s reputation for reliable, sustainable sources of agricultural raw materials, state-of-the-art automated food processing methods, and world-class food safety.
What else is there to say but "prost" when Frankenmuth Brewery celebrates its 150th anniversary and offers up a limited-edition dark beer for the occasion? The German toast is welcome Monday, when the brewery in the Bavarian-themed Saginaw County community bottles Frankenmuth Dark. The brew includes some of a 50-year-old batch of the beer that originated in the 1940s.
California's landmark Proposition 2 said chickens in cages must be able to stand up and stretch their wings without touching cage walls. Whether that means one chicken at a time or a bunch at once is the impetus behind the third lawsuit filed by egg farmers since passage of the ballot measure.
"Kalamazoo comes up again and again in beer circles as a destination," Julia Herz, craft beer program director for the Boulder, Colo.-based Brewers Association, said. "You've got yourself a burgeoning beer culture and that's a beautiful thing we're starting to see in pockets around the country, including Kalamazoo," she said.
Diamond Foods' stock dropped to its lowest point in more than six years on Monday after an analyst lowered the snack food company's rating and price target following the restatement of some earnings results. Last week, Diamond Foods restated financial results for two years.
Just months after the Big Apple made it illegal to serve sugary drinks larger than 16 ounces in restaurants, movie theaters and delis, other cities also are considering putting restrictions on soft drinks, part of a multi-front effort to address American's growing obesity problem.
Santa’s not the only one making a list this year. Displaying the spirit, passion and imagination of America’s small and independent brewers, CraftBeer.com — the beer lover-oriented site of the Brewers Association (BA) — released its own list of winter seasonal craft beers, produced by BA members.
Wakodo Co. said Monday it will voluntarily recall 75,000 packs of baby food because they might contain small pieces of plastic film. Subject to the recall is a rice dish with small white fish and radish whose recommended eat-by date is Jan. 6, 2014.
Tyson Foods net income jumped 91 percent in its fiscal fourth quarter, benefiting from higher chicken prices. The country's biggest meat company's earnings results easily topped Wall Street's forecast, and it provided a fiscal 2013 revenue outlook above analysts' estimates. Shares climbed in premarket trading.
Moonshine distillers are making their first batches of legal liquor in this tiny Georgia town's city hall, not far from the mountains and the maroon, orange and gold canopy of trees that once hid bootleggers from the law. A handful of moonshine distilleries are scattered around the South, but observers say this is the first they've ever seen right in a city hall.
The owners of a Southern California slaughterhouse whose workers were caught on videotape abusing cattle, leading to one of the nation's biggest beef recalls, have agreed to pay more than $300,000 to settle a lawsuit. The Los Angeles Times reports Donald Hallmark Sr. and Donald Hallmark Jr. also agreed to a nominal $497-million judgment against the now-defunct Hallmark Meat Packing Co.
The tasty cream-filled golden spongecakes known as Twinkies are likely to survive, even though their maker will be sold in bankruptcy court. Hostess Brands Inc., baker of Wonder Bread as well as Twinkies, Ding Dongs and Ho Ho's, will be in a New York bankruptcy courtroom Monday to start the process of selling itself.
Distillers Dwight Bearden, right, and Bob Suchke look over a batch of fermented apple brandy mash as they make moonshine in the Dawsonville Moonshine Distillery in Dawsonville, Ga. Distillers are making their first batches of legal liquor in this tiny Georgia town's hall.
The Humane Society says a landmark $500 million settlement has been reached in a slaughterhouse abuse case that led to the biggest meat recall in U.S. history in 2008. The federal civil court settlement announced by the Humane Society of the United States on Friday is the largest-ever penalty for an animal abuse case.
J. M. Smucker's second-quarter earnings rose 17 percent on higher prices and sales from a newly acquired business. It also raised its outlook for the year, but perhaps not as much as Wall Street was banking on. Shares slipped slightly before the opening bell.
At the height of this year's drought, decision-makers at the agribusiness giant Archers Daniels Midland kept an uneasy eye on the reservoir down the hill from their headquarters. At one point, the water level fell to within 2 inches of the point where the company was in danger of being told for the first time ever that it couldn't draw as much as it wanted.