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What to Expect When ConAgra Foods (CAG) Posts Earnings Tuesday
2015-06-29 23:49:57| Food - Topix.net
Wall Street is expecting ConAgra to earn 59 cents per share on revenue of $4.135 billion for the fourth quarter, according to analysts polled by Thomson Reuters. In the same quarter of last year, the company earned 55 cents per share on sales of $4.44 billion.
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Artisanal Foods Increase in Popularity
2015-06-29 18:04:52| Food Processing
As consumer concern for healthy eating escalates, so does the interest in natural and artisanal foods. Artisans can keep traditions alive by going beyond the mass-produced norm with the best ingredients and old-world methods to create foods with flair.
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Sysco pulling out of US Foods buyout after FTC move
2015-06-29 15:36:14| Food - Topix.net
This Monday, Aug. 15, 2005, file photo, shows the corporate headquarters of Sysco Corp., the largest food-service distributor in North America, in Houston. Sysco announced Monday, June 29, 2015, it is scrapping its proposed $3.5 billion buyout of US Foods after a Federal Trade Commission legal victory that temporarily blocked the deal to combine the two food-service companies.
Sysco terminates merger agreement with US Foods
2015-06-29 15:36:13| Food - Topix.net
The U.S. District Court in Washington, D.C., ruled in favor of the Federal Trade Commission's request for an injunction to block the deal. The action also ends the company's agreement with Performance Food Group to buy US Foods facilities in 11 markets.
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Sysco pulling out of US Foods buyout after FTC move
2015-06-29 15:36:12| Food - Topix.net
This Monday, Aug. 15, 2005, file photo, shows the corporate headquarters of Sysco Corp., the largest food-service distributor in North America, in Houston. Sysco announced Monday, June 29, 2015, it is scrapping its proposed $3.5 billion buyout of US Foods after a Federal Trade Commission legal victory that temporarily blocked the deal to combine the two food-service companies.
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