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After disappointing sale last years, mega-retailers like Wal-Mart and Kroger are rethinking the size of their superstores and testing out much smaller markets. But with everyone scaling back,...
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McDonald's owns breakfast, but lunch is still up for grabs and Starbucks and Dunkin Brands are both hoping to claim it.
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The Department of Defense awarded $10.46 billion in defense contracts Tuesday. The winning defense contractors included included Olin Corp., Boeing, and General Dynamics. The non-defense related...
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After hitting a peak of around $2.15 a pound in mid-April, coffee prices have moderated to around $1.70 a pound for arabica beans. So why did J.M. Smucker announce that it was raising its prices on...
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Pilgrim's Pride raised its buyout offer for Hillshire Brands to $55 a share late Monday. The offer is all cash and is valued at $7.7 billion.
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Following an appeals court ruling delivered late Monday, Herbalife issued a statement declaring that the decision "validates product consumption as a legitimate measure of demand for multi-level...
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The doughnut business is in trouble. At least that is a conclusion that can be drawn from the earnings posted by Krispy Kreme Doughnuts and Wall Street's subsequent reaction.
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ThinkstockKrispy Kreme Doughnuts, Inc. (NYSE: KKD) saw its shares getting creamed in the after-hours session on Monday. The company’s first quarter earnings of fiscal 2015 met estimates at $0.23...
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The worst-performing stock in the S&P 500 index so far this year is Whole Foods Market. Is the store in trouble, or do investors expect too much?
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McDonald's announced plans to refranchise at least 1,500 restaurants, following a growing trend in the industry. Other fast-food restaurants that have recently sold company-owned stores back to...
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The food fight has begun. Just two weeks ago, Hillshire Farms offered to buy Pinnacle Foods for $6.6 billion, sending shares of the owner of Duncan Hines Cake Mix and Birds Eye Frozen Vegetables...
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McDonald's held an investor conference presentation on Wednesday, in which Chief Executive Officer Don Thompson announced an intensified commitment to returning capital to shareholders.
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Tyson Foods, one of the nation's largest food-processing companies, has made an offer of $50 a share in cash for Hillshire Brands, trumping Tuesday's $45 a share offer from Pilgrim's Pride.
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Pilgrim’s Pride has unveiled an unsolicited bid of about $6.4 billion to acquire food processor Hillshire Brands.
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Thinkstock After 40 years of allowing customers to “Have It Your Way,” Burger King Worldwide (NYSE: BKW) wants you to know it identifies with self-expression and individualism, so now it’s...
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