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Hormel Dissolves JV with Precept Foods
2014-12-10 19:20:09| Food - Topix.net
Hormel Foods Corp., Austin, Minn., and Excel Fresh Meats, a subsidiary of Cargill, dissolved their joint venture with Precept Foods LLC. "Effective at the end of fiscal 2014, we dissolved our Precept Foods partnership by mutual decision with Cargill Meat Solutions," according to a statement produced by Hormel Foods. "Sales of $115 million were associated with this business, but we do not anticipate a material impact to segment profit as a result of this change.
Diamond Foods: The Good, The Not Bad, And The Not Too Ugly
2014-12-10 08:50:52| Food - Topix.net
Diamond Foods reported 1Q15 earnings after the close on Monday. While EPS beat expectations , revenues were slightly below expectations at $246.6M.
Diamond Foods: The Good, The Not Bad, And The Not Too Ugly
2014-12-10 07:54:49| Agriculture - Topix.net
Diamond Foods reported 1Q15 earnings after the close on Monday. While EPS beat expectations , revenues were slightly below expectations at $246.6M.
Dean Foods Given Average Recommendation of "Hold" by Brokerages
2014-12-09 19:17:02| Food - Topix.net
Shares of Dean Foods have earned a consensus recommendation of "Hold" from the twelve ratings firms that are presently covering the stock, Analyst Ratings.Net reports . One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company.
Michael Angelos Rolls Out Ancient Grain Pasta in the Frozen Foods Aisle
2014-12-09 08:41:34| Food Processing
Michael Angelos Gourmet Foods uses Kamut brand khorasan wheat to make the pastas for its new line of its Made With Organic ready-made, frozen meals.
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