International Business News - Foods http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the stock activity stories for Thursday, Sept. 4, from AP Financial News: NEW YORK (AP)--Shares of meat producer Tyson Foods Inc. dropped Thursday after the company said it plans to sell 20 million shares and $450 million worth of notes in a public offering. http://www.ibtimes.com/articles/20080904/movers-roundup-tyson-foods-forest-labs.htm Thu, 04 Sep 2008 14:48:50 EDT Shares of United Natural Foods Inc. jumped Wednesday after the food distributor reported a slight dip in fourth-quarter earnings and said it expects its profit to rise for the full 2009 fiscal year. http://www.ibtimes.com/articles/20080903/united-natural-foods-shares-rise-after-4q-report.htm Wed, 03 Sep 2008 17:14:57 EDT Food maker Kraft Foods Inc. on Wednesday reiterated its 2008 guidance, but said it expects the recent split-off of its Post cereals business to reduce earnings by 4 cents per share. http://www.ibtimes.com/articles/20080903/kraft-foods-backs-2008-view-but-expects-charge.htm Wed, 03 Sep 2008 10:37:56 EDT Grocery store chain Supervalu Inc. on Wednesday announced the launch of a new line of premium foods meant to mirror the food at casual dining restaurant chains. http://www.ibtimes.com/articles/20080903/supervalu-launches-line-of-premium-foods.htm Wed, 03 Sep 2008 08:27:56 EDT Food distributor United Natural Foods Inc. said Wednesday it expects to report higher profit in 2009. The company said it anticipates fiscal 2009 profit between $1.30 and $1.38 per share. http://www.ibtimes.com/articles/20080903/united-natural-foods-expects-profit-rise-in-2009.htm Wed, 03 Sep 2008 08:10:29 EDT Food distributor United Natural Foods Inc. said Wednesday its fourth-quarter profit dipped 2 percent, mainly due to higher operating expenses. For the quarter ended Aug. 2, net income fell to $12.8 million, or 30 cents per share, from $13.1 million, or 31 cents per share in the prior year quarter. http://www.ibtimes.com/articles/20080903/united-natural-foods-4q-profit-dips-2-percent.htm Wed, 03 Sep 2008 08:03:18 EDT ConAgra Foods Inc. said Tuesday that poor performance by its consumer foods segment will take a toll on its first-quarter results. The Omaha company said inflation hurt the unit's performance. As a result, it anticipates it will earn just below its prior estimate of 26 to 28 cents a share. http://www.ibtimes.com/articles/20080902/conagra-says-consumer-foods-underperfomed-in-1q.htm Tue, 02 Sep 2008 17:42:02 EDT A JPMorgan analyst removed milk processor Dean Foods Co. from his Focus List Tuesday, noting a recent run-up in the stock price. Analyst Terry Bivens said the stock has gained about 40 percent in the past six weeks. Because the stock is now valued correctly, Bivens said he was removing it from the U.S. Equity Focus List. http://www.ibtimes.com/articles/20080902/ahead-of-the-bell-dean-foods.htm Tue, 02 Sep 2008 08:28:30 EDT Russian dairy, food and juice company Wimm-Bill-Dann Foods OJSC said Thursday its second-quarter profit rose 9 percent as strong sales of baby food and milk offset rising costs. http://www.ibtimes.com/articles/20080828/wimm-bill-dann-2q-profit-up-9-percent.htm Thu, 28 Aug 2008 10:48:19 EDT Among the earnings projection stories for Tuesday, Aug. 26, from AP Financial News: MILWAUKEE (AP)--The commodities market is so volatile that Smithfield Foods Inc., the nation's largest pork producer and processor, declined to give an outlook during its earnings report Tuesday. http://www.ibtimes.com/articles/20080826/outlook-roundup-smithfield-foods-cott.htm Tue, 26 Aug 2008 14:12:23 EDT The commodities market is so volatile that Smithfield Foods Inc., the nation's largest pork producer and processor, declined to give an outlook during its earnings report Tuesday. http://www.ibtimes.com/articles/20080826/smithfield-foods-skips-outlook-on-high-costs.htm Tue, 26 Aug 2008 13:04:02 EDT Shares of Smithfield Foods Inc. fell Tuesday after the nation's largest pork producer and processor reported a fiscal first-quarter loss on soaring commodity costs. http://www.ibtimes.com/articles/20080826/shares-of-smithfield-foods-slip-after-1q-loss.htm Tue, 26 Aug 2008 17:34:38 EDT Among the earnings stories for Tuesday, Aug. 26, from AP Financial News: NEW YORK (AP)--Smithfield Foods swung to a loss in its fiscal first-quarter due in part to a $20.1 million write-down in the value of commodity contracts. http://www.ibtimes.com/articles/20080826/earnings-roundup-smithfield-foods-thornburg-mtg.htm Tue, 26 Aug 2008 10:12:06 EDT Smithfield Foods Inc. swung to a loss in its fiscal first quarter as high commodity costs hurt the nation's largest pork producer and processor. The commodities market is so volatile, its chief executive said, the company doesn't even want to try to predict its future earnings. http://www.ibtimes.com/data/articleimgs/116278-earns-smithfield-foods.jpg http://www.ibtimes.com/articles/20080826/hog-producer-smithfield-foods-swings-to-1q-loss.htm http://www.ibtimes.com/articles/20080826/hog-producer-smithfield-foods-swings-to-1q-loss.htm Tue, 26 Aug 2008 15:03:50 EDT Smithfield Foods Inc. reports earnings for its fiscal first quarter on Tuesday before the market opens. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080825/earnings-preview-smithfield-expected-to-post-loss.htm Mon, 25 Aug 2008 11:33:51 EDT Shares of Smithfield Foods Inc. slipped with the broader market Monday, a day before the company is scheduled to report its fiscal first-quarter results. http://www.ibtimes.com/articles/20080825/smithfield-foods-shares-drop-ahead-of-1q-report.htm Mon, 25 Aug 2008 17:53:12 EDT Among the stock activity stories for Friday, Aug. 22, from AP Financial News: MILWAUKEE (AP)--Shares of Dean Foods Inc. rose Friday after an analyst raised his estimate for third-quarter earnings, citing a government report that milk prices should go down next month. http://www.ibtimes.com/articles/20080822/movers-roundup-dean-foods-jpmorgan-chase.htm Fri, 22 Aug 2008 17:57:30 EDT Shares of Dean Foods Inc. rose Friday after an analyst raised his estimate for third-quarter earnings, citing a government report that milk prices should go down next month. http://www.ibtimes.com/articles/20080822/dean-foods-shares-rise-on-analyst-note.htm Fri, 22 Aug 2008 17:39:21 EDT A Morgan Stanley research analyst raised his estimate for third-quarter earnings for Dean Foods Inc. on Friday on news that milk processors will likely pay less for milk next month. http://www.ibtimes.com/articles/20080822/analyst-raises-dean-foods-3q-estimate.htm Fri, 22 Aug 2008 14:38:13 EDT The chief executive of milk producer Dean Foods Co. exercised options for 1.55 million shares of common stock, the company said Tuesday. Gregg Engles, who is also the Dallas-based company's chairman, exercised the shares at Monday's closing price of $24.73. http://www.ibtimes.com/articles/20080819/dean-foods-ceo-exercises-options.htm Tue, 19 Aug 2008 16:45:46 EDT