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US government investigation of 2007 peanut butter recall done; ConAgra Foods expects charge

2015-05-20 09:48:11| Food - Topix.net

ConAgra Foods is likely to face a criminal charge now that the U.S. government has completed its investigation of the company's 2007 peanut butter recall. A spokeswoman for the U.S. attorney's office in Georgia, Pam Lightsey, said Tuesday that prosecutors plan to reveal details of the investigation Wednesday.

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Whole Foods value chain yet to be forged

2015-05-19 14:03:11| Grocery - Topix.net

AUSTIN, Texas – Despite a report to the contrary, Whole Foods Market said Monday that there are no concrete plans for where its new value brand will launch next year. In a story posted Friday afternoon, a Portland, Ore., media outlet said the Austin-based organic foods giant would launch a new chain of value brands next year in the Northwest based on comments made by a worker at a conference.

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Analysts' Recent Ratings Updates for United Natural Foods

2015-05-18 10:48:45| Food - Topix.net

A number of firms have modified their ratings and price targets on shares of United Natural Foods recently: 5/15/2015 - United Natural Foods was downgraded by analysts at Zacks from a "buy" rating to a "hold" rating. Zacks' analyst wrote, "United Natural's second quarter earnings of $0.65 grew 16.4% from the prior-year quarter driven by top-line growth, operating income growth and robust acquisitions.

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Analysts' Recent Ratings Updates for United Natural Foods

2015-05-18 09:59:17| Grocery - Topix.net

A number of firms have modified their ratings and price targets on shares of United Natural Foods recently: 5/15/2015 - United Natural Foods was downgraded by analysts at Zacks from a "buy" rating to a "hold" rating. Zacks' analyst wrote, "United Natural's second quarter earnings of $0.65 grew 16.4% from the prior-year quarter driven by top-line growth, operating income growth and robust acquisitions.

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House Foods Offers Low-Calorie Pasta Alternative

2015-05-18 09:29:04| Food Processing

Tofu purveyor House Foods introduced Smart Noodle, a noodle substitute with 20 calories, 6g of fiber and 400mg of omega-3 alpha-linolenic acid per serving.

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