Brands & manufacturers

Mondelez Q3 results hit by developing markets

Mondelēz takes tumble in developing markets

By Oliver Nieburg

Mondelēz International was weighed down by operational issues in Brazil and Russia in the third quarter (Q3) which harmed overall performance in its first results since it split from Kraft Foods in October.

Hershey reports a 10% fall in net income

Hershey Q3 profit falls 10%

By Oliver Nieburg

The Hershey Company has reported a profit drop in its third quarter (Q3) results after tax rate rises, commodity costs and charges related to supply chain efficiencies hit the company’s results.

Nestlé 9-month sales up 11%

Emerging markets continue to drive Nestlé sales

By Oliver Nieburg

Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.

Spring water (Picture copyright Mixtribe Photo/Flickr)

Nestlé sued over alleged phony bottled spring water

By Hank Schultz

A Chicago company has sued Nestlé over claims that 5-gallon water jugs it bought for its office dispensers were advertised as spring water when in fact they were filled with tap water.

China wakes up and smells the new Nescafé...

China wakes up and smells the new Nescafé...

By Ben Bouckley

Nestlé will launch a reformulated version of single-serve coffee product Nescafé 1+2 Original in China this month, and claims that consumer tastes in the nation have changed.

Have you had your P.L.A.Y. today? PepsiCo targets women with new protein product launch

Dispatches from the Food & Nutrition Conference & Expo (FNCE) 2012

Have you had your P.L.A.Y. today? PepsiCo targets women with new protein product launch

By Elaine WATSON in Philadelphia

PepsiCo is developing a novel protein-based product designed to appeal to women that “won’t show up on a shelf the way you envision it”, revealed bosses at its Nutrition Ventures arm at the Food & Nutrition Conference & Expo (FNCE) this week.

On October 1, Kraft will split into two publicly traded companies: Kraft Foods Group, an $18.7bn North American packaged foods giant with a portfolio of brands including Kraft, Maxwell House, Oscar Mayer, Planters and JELL-O; and Mondelēz International, a $36bn global snacks company with brands including Cadbury, Jacobs, LU, Milka, Nabisco, Oreo, Tang and Trident.

Big interview: Russ Moroz, VP Research Development & Quality, Kraft Foods

Kraft VP: There is no silver bullet on sodium reduction

By Elaine WATSON

Kraft Foods has made significant cuts in sodium across its portfolio - and is currently working on “proprietary approaches to take this work to the next level” - but there is “not yet a silver bullet in the toolbox”, admit R&D chiefs at the firm.

Dean Foods seeks buyer for Morningstar in bid to pay down debts

Breaking news

Dean Foods seeks buyer for Morningstar

By Elaine WATSON

Dallas-based dairy giant Dean Foods is inviting potential buyers to cast a slide rule over its Morningstar warehouse delivery business - the smallest of its three divisions - as it seeks to reduce its debt pile.

Picture Copyright: Brian Turner/Flickr

PepsiCo savors $363m US tax triumph over IRS

By Ben Bouckley

PepsiCo has won a US Tax Court judgment against the US Internal Revenue Service (IRS) which claimed the firm owed it circa. $363m in unpaid tax relating to operations in Europe and Puerto Rico.

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