News on Food Trends from the United States

December 01, 2007

Two big banks shunning Peltz's Wendy's bid

Citigroup and Merrill Lynch are unlikely to fund Nelson Peltz's bid for Wendy's International Inc., according to sources, adding another challenge to the attempted sale of the company. Citigroup and Merrill were expected to commit to Peltz's bid but el...
December 01, 2007

Kerrii Anderson, Nelson Pelz not communicating

Wendy's International Inc. CEO Kerrii Anderson said Friday that she hasn't spoken with billionaire investor Nelson Peltz since his Triarc Cos. offered to buy the hamburger chain. Wendy's has not sought a so-called white knight to top Peltz's bid, Ande...
November 29, 2007

Moody's changes Burger King rating outlook to stable from negative

Moody's Investors Service Thursday changed the rating outlook on Burger King Corp. (NYSE:BKC) to stable from negative.The agency also affirmed ratings on the Miami-based fast-food company, including its Ba2 corporate family rating.Moody's said the stab...
November 28, 2007

La acrilamida no aumenta el riesgo de cancer de mama

Un estudio importante halla que el compuesto que se encuentra en alimentos fritos y horneados no representa una amenaza. Al parecer existe poca o ninguna relación entre el cáncer de mama y la acrilamida, una sustancia que se encuentra en alimentos fr...
November 27, 2007

States Slow to Ban Restaurant Trans Fats

States from Connecticut to California have looked this year to mimic the success of large cities like New York in banning artery-clogging trans fats from restaurants. But in the 14 states that have so far proposed a ban or restriction, not a single b...
November 27, 2007

McDonald's regains a bit of warm fuzzies of years past

tThe times keep changing. Though the "I'm Lovin' It"tag is still there in all McDonald's advertising, there's a growing feeling the powers-that-be within the burger behemoth might be ready to turn back the clock -- just a bit -- and rediscov...
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November 25, 2007

Washington potato growers celebrate a heck of a harvest

Washington potato farmers harvested more than 5.1 million tons of potatoes in 2007, the state's second-largest spud harvest in history. Chris Voigt, executive director of the Washington State Potato Commission, said the state's potato farmers dug up ...
November 23, 2007

Hardee's pushes back conversion to canola

Hardee's is expected to complete the transition to zero trans fat cooking oil by the end of 2008, its parent company CKE Restaurants Inc. said Wednesday. CKE originally thought the conversion would be completed in Hardee's and Carl's Jr. restaurants...
Wendy's CEO Kerrii Anderson: taking care of business
November 21, 2007

Wendy's CEO Kerrii Anderson: taking care of business

As CEO of Wendy's International, Kerrii Anderson's challenge has been to focus on running the business for the long term when the company might be sold in the near term. Under pressure from large, activist investors, the Dublin, Ohio-based fast food re...
November 19, 2007

McDonald's abrira una nueva linea de cafeteria

La cadena norteamericana de comidas rápidas McDonald's anunció hoy el lanzamiento de una nueva línea de cafetería, que promete ofrecer fuerte competencia a la macro-cadena Starbucks. "Queremos avanzar desde un lugar donde se ofrecía cafetería co...
November 16, 2007

Jack in the Box reports record 2007 profit

Same-store sales at Jack in the Box company restaurants increased 5.2 percent in the fourth quarter compared to a 5.9 percent increase during the same time last year. For the year, same-store sales at Jack in the Box company restaurants increased 6.1 p...
November 16, 2007

Arby's Restaurant ratings on negative watch after bid for Wendy's - S&P

Standard &Poor's Ratings Services signalled it may lower its ratings on Arby's Restaurant Group Inc on news that Triarc Companies Inc, of which Arby's is a wholly owned unit, has bid to buy all outstanding stock of Wendy's International Inc.'Althou...
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November 15, 2007

ARS develops extrusion method for tasty lentil snacks

Researchers from the US Agricultural Research Service (ARS) claim to have stabilised a process of using extrusion technology to make healthy and tasty snacks out of legumes.
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November 15, 2007

Frito-lay plans eco-friendly chips factory in Casa Grande

Frito-Lay is embarking on an ambitious plan to change the way its Casa Grande factory operates, and in the process, create a new type of snack: the environmentally benign chip. Goal is to take the Casa Grande plant off the power grid, or nearly so, a...
November 14, 2007

PepsiCo on track for full-year earnings outlook

PepsiCo Inc said on Wednesday it is on track to meet its full-year earnings forecast, less than 10 days after it announced it would reorganize itself into three business units.
November 13, 2007

Orville Redenbacher's(R) SmartPop!(R), Now With 30% Less Sodium

More than 90 percent of Americans surveyed are quick to identify high blood pressure as one of their biggest health concerns related to sodium intake. However, according to a recent survey conducted by Orville Redenbacher's(R) Gourmet(R) Popping Corn(1...
November 13, 2007

Foley-Led Group Decides not to submit bid for Wendy's

A group led by William Foley, chairman of Fidelity National Financial Inc., has decided not to submit a bid for Wendy's International Inc., according to a person familiar with the situation.Bids for the hamburger chain were due at 5 p.m. Eastern time y...

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