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ConAgra Foods, Inc., today reported results for the fiscal 2008 second quarter ended Nov. 25, 2007. Diluted EPS from continuing operations was $0.50, which includes $0.03 per diluted share of costs related to the recent pot pie recall. Gary Rodkin, C...

According to the department of investment policy of the Tyumen region, Ivan Dudanov, Chairman of the Directors Board of Selkhozinvest announced the company's plans to invest about EUR30 million into the construction of a potato processing plant and to...

Burger King, now making up for years of soggy growth and a decaying global business, is plotting an expansion into Asia in the coming half-decade to narrow the gap with arch-foe McDonald's. Chief Executive John Chidsey told Reuters on Thursday that the...

McCain Foods Limited announced today its intent to invest C$150 million for the construction of a new french fry plant in the Pacific Northwest. The facility will be designed to produce French fries and potato specialties primarily for food service an...

'Kosher' was the most frequently used claim on new products launched in the US during 2007, while 'All Natural' and 'No Additives or Preservatives' were amongst the other most popular claims used on new products, reveals data from Mintel's Global New P...

Walkers Baked has been the most successful new product launch in the Crisps and Snacks category in the last 3 years. It is now the biggest better-for-you brand in the category and is central to Walkers plans to accelerate growth in the market. Now wor...

Neil Campbell, general manager of Walkers UK, has been promoted to president of Tropicana USA. He will be replaced in the UK by Richard Evans, who moves from PepsiCo Middle East and Africa. Evans, who takes over his new role in January, is currently c...

ConAgra Foods today announced that it has reformulated its Orville Redenbacher’s and ACT II microwave popcorn brands with a new butter flavoring that has no added diacetyl. These newly reformulated products are arriving on store shelves now. “Microwav...

United Biscuit's UK is launching a number of additions to the McCoy's range going into 2008. Along with new pack sizes and limited editions, February 2008 will see the launch of an innovative new range, which was inspired by the nation’s favourite tak...

Severe flooding in Malaysia looks likely to affect palm oil supplies for November and December, sparking a shortage that would drive up prices.Sabri Ahmad, chairman of Malaysian Palm Oil Board, told Reuters news agency that he expects December producti...

McDonald's ha anunciado el cambio voluntario de la composición de su aceite de fritura para reducir los niveles de ácidos grasos 'trans' a menos de un 2% y el contenido de ácidos grasos saturados a menos del 12%, informó hoy la compañía.

 new study of Australians' fast food eating habits is raising the question: should more be done to promote so-called "healthier"fast food options, instead of trying to prevent people from eating fast food altogether?   Emily Brindal, a Univer...