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Food Industry - Topix.net

Food News

Feed Description- Food news continually updated from thousands of sources around the net.

11/20/2008 Customers Accuse Supermarket Of Misleading Pricing

Three Denver residents have filed lawsuits alleging that the company that runs Avanza Supermarkets tricked shoppers into paying more for their groceries.

11/19/2008 Sara Lee closing S. Side kosher hot dog plant

Sara Lee Corp. is closing its South Side kosher hot dog and meat processing plant, 1000 W. Pershing, leaving about 185 people without jobs.

11/19/2008 Imperial Sugar resumes refining sugar after blast

Imperial Sugar's coastal Georgia plant is operating again for the first time since a February explosion killed 14 people and injured dozens more.

11/19/2008 Clearwater Seafoods profit disappears in sea of red ink

Clearwater Seafoods Income Fund was wallopped with a $10.3-million net loss in its third quarter, as its sales revenues declined and the fund booked losses on its foreign currency contracts.

11/19/2008 Pilgrim's Pride cutting jobs as stock falls

Company officials said Tuesday that Pilgrim's Pride Corp. is eliminating approximately 335 positions from its organization by the end of November.

11/19/2008 Soy Protein's Ability To Lower Cholesterol Confirmed, Possible Mechanism Of Action Described

Solae, a leader in soy protein innovation and technology, unveiled a new study today at the 8th International Symposium on the Role of Soy in Health Promotion and Chronic Disease Prevention and Treatment.

11/19/2008 Fonterra Expected to Cut Payouts

PAYOUT DROP? Fonterra farmers are bracing themselves for sour news when their cooperative makes a payout announcement at noon on Friday -- outside its normal cycle of board meetings.

11/18/2008 Archway ownership may change hands

MANSFIELD - Ownership of Archway Cookies could go to a North Carolina-based snack foods purveyor following a bankruptcy hearing Dec.

11/18/2008 No break on food prices, George Weston says

International baked goods company George Weston Ltd. says its food prices will not be going down despite a drop in commodity prices that drove them up to begin with.

11/18/2008 Medtronic 2Q profit sinks on hefty legal charge

Medtronic Inc., the world's largest medical device maker, said Tuesday a hefty legal charge from a patent dispute with Johnson & Johnson weighed down its fiscal 2009 second-quarter profit.

Without the charge, the company's adjusted profit results and revenue still fell shy of Wall Street forecasts.

The company earned $571 million, or 51 cents per share, compared with profit of $666 million, or 58 cents per share, a year earlier. Sales rose 14 percent to $3.57 billion from $3.12 billion.

11/18/2008 Premier Foods in the fryer as secret sell-offs crumble

Premier Foods has failed to covertly sell two of its manufacturing businesses as it desperately attempts to slash its 1.8bn debt mountain.

11/18/2008 Fonterra warns of continuing market volatility

The world's biggest dairy trader, Fonterra Co-operative Group, warned today of more volatility looming in global dairy prices.

11/18/2008 December Union Vote Set For Smithfield

Hey, read the rules! Smithfield Packing Co. and the United Food and Commercial Workers say employees at the company's massive North Carolina hog slaughterhouse will decide next month whether to unionize.

11/17/2008 Meat Packing Plant Sued In Wage Dispute

Former workers at a Crete slaughterhouse are suing their former employer because they say they were not paid for work away from the production line.

11/17/2008 U.S. Sugar considering ethanol plant in Everglades

U.S. Sugar Corp. says it is considering building a facility that would convert unused sugar cane material into ethanol in the Everglades.

11/17/2008 Tyson profits up from a year ago

The Springdale, Ark.-based company said Monday it earned $48 million, or 13 cents per share, in the three months ended Sept.

11/17/2008 'Accomplice' now faces murder charges in Marina woman's death

A Seaside man accused of being an accomplice in the September death of a Marina woman is now facing murder charges, the Monterey County District Attorney's Office announced.

11/17/2008 CA Announces SaaS Delivery Option for its Leading Enterprise-Class PPM Solution

CA World 2008 - CA, Inc. today announced the Software-as-a-Service delivery option for its leading enterprise-class PPM solution, CA Clarity Project & Portfolio Manager .

11/16/2008 Fonterra plans hub at former F&P site

Fonterra says it plans to build a new 45,000 tonne drystore and a 17,000 tonne coolstore on the former 16.45ha Fisher and Paykel site at Mosgiel.

11/16/2008 $1.1 million restoration of W. Pa. theater nears

Groups trying to raise $1.1 million to save a Pittsburgh theater that was once a center of black culture say they're close to their goal.

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