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april 23, 2009
The Inventure Group, Inc. Announces First Quarter 2009 Results
The Inventure Group, Inc. (Nasdaq:SNAK) today reported financial results for the first quarter ended March 28, 2009. Net revenues for the first quarter of fiscal 2009 were $29.7 million vs. $26.2 million last year, an increase of 13.6 %. The Snack Divi...From the archive
april 22, 2009
McDonald's keeps gaining
It's not a big surprise that McDonald's first-quarter earnings beat Street estimates on Apr. 22. The fast-food chain is expected to thrive in a recessionary economy where diners are looking to cut costs. But surprisingly, the gains aren't necessarily c...From the archive
april 22, 2009
Yum warns of challenges ahead as 1Q profit falls
Yum! Brands Inc. reported a 14-percent drop in first-quarter profit on negative effects of a stronger U.S. dollar and slowed domestic sales, especially at Pizza Hut and KFC.Yum, one of the world's largest restaurant companies, said Wednesday that more ...From the archive
april 22, 2009
Crean bolsas de papas fritas que se biodegradan y sirven de abono
El fabricante de aperitivos estadounidense Frito-Lay, empresa del grupo PepsiCo, ha anunciado que está trabajando en el desarrollo de unas bolsas que se biodegradarán y servirán como abono. La empresa prevé que tendrá listo el envase para su lanzamien...From the archive
april 22, 2009
Reduce oil content kettle chips with heated centrifuge
An easy way to lower the oil content of kettle chips, is to use a heated centrifuge.From the archive
april 21, 2009
Don't Blame Private-Label Gains on the Recession
Private label growth didn't start gaining momentum in the downturn. Not only have private label brands been gaining share for the past decade, experts say these gains are the single-biggest problem facing branded packaged goods players. House brands,...From the archive
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april 21, 2009
Eco-friendly potato variety Vales Sovereign available to caterers
Greenvale AP’s environmentally friendly Vales Sovereign potatoes, which have a lower carbon footprint than traditional varieties, are now available to the catering sector via wholesalers. Vales Sovereigns are ideal for caterers seeking to lower their...From the archive
april 21, 2009
Unilever makes a commitment to reduce salt
Unilever today announced the launch of a global salt reduction strategy for its Foods portfolio, covering over 22 000 products.Unilever has committed to a reduction in salt across its products to target a dietary intake of 6g of salt per day by the end...From the archive
april 21, 2009
Terry Olsen looks back on World Potato Congress
The humble spud is on a roll. After years of languishing behind the greens on the back of the dinner plate, it shouldered its way into the candlelight last year when the United Nations designated 2008 the year of the potato. Now, just a few months in...From the archive
april 20, 2009
Dehydrated Potato Products in the United States
Potatoes used for the production of dehydrated potato products was down 15% compared to last year and down 23% compared to the same period two years ago.From the archive
april 20, 2009
Pepsico/Frito-Lay releases First quarter results
PepsiCo, Inc. (NYSE: PEP) today reported first-quarter 2009 results that reflected solid top- and bottom-line performance on a constant currency basis. The company delivered 6 percent constant currency net revenue growth. The company's first-quarter c...From the archive
april 20, 2009
Highlights from the Q1 Pepsico Conference call related to snacks
Note: Excerpts deal exclusively with Pepsico's savory snacks activities. If you are inte4rested in the beverage division or the performance of the concern as a whole, we recommend you to read the transcripts itself. Richard Goodman - CFO: "Fri...From the archive
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april 20, 2009
Crackdown on terrorists hits Algeria's potato crop
Algeria is suffering a potato shortage because officials have imposed strict controls on the use of fertiliser to stop al Qaeda militants using it as a bomb-making ingredient, farmers said.Security experts say ammonia, used by farmers to improve crop y...From the archive
april 17, 2009
£3.5m for potato disease research
Scientists of the University of Dundee will lead a £3.5m investigation into potato blight, which was responsible for the Irish potato famine and problems across the globe.Blight costs the potato industry more than £3bn a year due to crop failure and th...From the archive
april 17, 2009
McDonald's contratara 10.000 trabajadores en China
La cadena estadounidenses McDonald's contratará a 10.000 personas para sus sucursales de comida rápida en China y prevé también subir los salarios.From the archive
april 17, 2009
Pepsico acquires Karinto snack business in Peru
PepsiCo, Inc. (NYSE: PEP) today announced that it has acquired leading Peruvian snack business Karinto S.A.C., maker of Peru's top-selling corn chips, Los Cuates, as well as a popular line of nuts and seeds."The Karinto brands span a broad array o...From the archive
april 17, 2009
Potato leads retail food prices higher in Canada
Potatoes are 55 per cent more expensive now than a year ago, Statistics Canada says, and grocery prices overall rose more in March than at any time in the past 28 years.Potato prices are particularly hot, but double-digit increases have been recorded f...From the archive
april 17, 2009
Potato shippers rally for higher truck weight limits
The potato industry is backing a bill that would change the 20 year-old national truck weight restriction from a maximum of 80,000 pounds up to 97,000 pounds, which could allow them to ship 19% more potatoes at the same cost.Potato grower-shippers and ...From the archive