Hershey Co Chief Executive David West is leaving the chocolate maker to take a position with another company, the second unexpected CEO departure at Hershey in less than four years.
Hershey Co Chief Executive David West is leaving chocolate bars for Del Monte canned vegetables and cat food, the second unexpected CEO departure at Hershey in less than four years.
Kraft Foods Inc said on Monday its chief financial officer will step down in mid-2011 and be replaced by the executive who oversees the food maker's operations.
The Securities and Exchange Commission is investigating Kraft Foods Inc for possible corruption at an Indian facility of its Cadbury unit, the company said in a regulatory filing.
The Securities and Exchange Commission is investigating Kraft Foods Inc for possible corruption at an Indian facility of its Cadbury unit, the company said in a regulatory filing.
The companies whose shares are moving in pre-market trade on Friday are: Big Lots, Tyco International, Tesoro, Ford Motor, Oracle, Expedia, Cephalon, Dean Foods and Kraft Foods.
Nigeria's fast-moving consumer goods sector is attracting foreign investors as parent companies pump cash into local units to offset slowing growth at home.
Internet search engine Google Inc raced ahead of consulting firm McKinsey as India’s most preferred employer in business schools in 2010, according to a study by The Nielsen Company.
British packaging company DS Smith Plc said first half pretax profit rose 17.5 percent, helped by strong volume and revenue growth in the recycled packaging business.
Hershey Co plans to cut 500 to 600 jobs, or up to 5 percent of its workforce, as part of a restructuring aimed at upgrading and enlarging its facilities to compete globally and save some $60 million to $80 milllion in annual costs.
Kraft Foods Inc posted a higher-than-expected quarterly profit as it showed improvement in legacy businesses like beverages in the United States, while absorbing recently acquired chocolate maker Cadbury Plc.
Kraft Foods Inc posted higher-than-expected quarterly sales and profit after its acquisition of chocolate maker Cadbury Plc as sales beat expectations.
Kraft Foods Inc posted a higher quarterly profit, helped by sales and income from newly acquired chocolate maker Cadbury Plc.
The U.S. food industry is in store for a smorgasbord of mergers and acquisitions as companies look to gain more revenue and earnings growth and new, innovative products.
Kraft Foods came under heavy fire from UK parliamentarians on Tuesday for raising false hopes about the future of a Cadbury plant as it battled to win control of the British chocolatier.
Kraft Foods Inc will be grilled by British parliamentarians next week amid claims the U.S. group backtracked on plans to keep a Cadbury plant open.