Nuts and Nut Butters Manufacturing
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Salmonella Recall Spreads Quickly to Other Products
Mar 11, 2010 19:00 EST
Tainted spices and ingredients used in large number of food products. If you doubt how interconnected the food industry is, just look at what happens when a tainted ingredient enters the supply chain.
Diamond Foods raises $181.4M in follow-on offering
Mar 10, 2010 17:04 EST
Diamond Foods raises $181.4 million in offering held to raise funds for buyout of Kettle Foods. Diamond Foods Inc., which sells Emerald nuts and Pop Secret popcorn, on Wednesday said it will net about $181.4 million in a secondary offering aimed at raising cash to fund an acquisition.
Folgers boosts J.M. Smucker 3rd-quarter profit
Feb 24, 2010 14:27 EST
J.M. Smucker 3rd-quarter profit leaps on Folgers coffee strength. J.M. Smucker Co.'s third-quarter got a jolt from its Folgers coffee business, which helped the food maker nearly double its profit on strong sales.
Glance: J.M. Smucker 3rd quarter-results
Feb 24, 2010 13:14 EST
Glance: A detailed look at J.M. Smucker Co.'s 3rd-quarter sales. J.M. Smucker Co. reported Wednesday that its third-quarter profit soared on strong sales in its coffee business. Here's a detailed look at the food maker's sales by category.
Correction: JM Smucker earnings preview
Feb 23, 2010 15:34 EST
Correction: JM Smucker earnings preview. In a story Feb. 22 about J.M. Smucker's upcoming earnings report, The Associated Press misstated when the peanut butter and jelly maker will release results. The financials will be released Wednesday, not Tuesday.
J.M Smucker to report 3Q results Wednesday
Feb 22, 2010 16:28 EST
Earnings Preview: Jelly maker J.M. Smucker to report fiscal 3rd-quarter results on Wednesday. J.M. Smucker, the maker of Jif peanut butter, Pillsbury frosting, Folgers coffee and its namesake jams and jellies, reports its fiscal third-quarter results before the stock market opens Tuesday.
Diamond Foods' Emerald brand boosts market share
Dec 10, 2009 16:49 EST
Diamond Foods' Emerald nuts brand reaches 10 percent market share for first time. Diamond Foods Inc. said Thursday its Emerald nuts brand achieved a 10 percent market share in the four-week period that ended Nov. 28.
J.M. Smucker 2nd-quarter profit soars on coffee
Nov 20, 2009 17:37 EST
J.M. Smucker 2nd-quarter profit nearly triples on Folgers acquisition, profit margins. J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins.
Peanut products doing just fine after health scare
Oct 17, 2009 15:36 EDT
After salmonella scare, peanut butter sales hit the roof as consumers seek cost friendly meals. Go figure: Food makers processed more peanuts over the past year than nearly any other time on record despite a national salmonella outbreak blamed for killing nine people and scaring consumers away from peanut products for months.
Peanut products doing just fine after health scare
Oct 17, 2009 15:01 EDT
After salmonella scare, peanut butter sales hit the roof as consumers seek cost friendly meals. Go figure: Food makers processed more peanuts over the past year than nearly any other time on record despite a national salmonella outbreak blamed for killing nine people and scaring consumers away from peanut products for months.
Fund OKd for claims against Va. peanut company
Oct 01, 2009 18:37 EDT
A $12 million fund is being created for claims against Peanut Corp. of America, the processor at the center of a nationwide salmonella outbreak this year.
Fund OKd for claims against Va. peanut company
Oct 01, 2009 18:37 EDT
Fund OKd to pay claims against Virginia peanut processor at center of US salmonella outbreak. A $12 million fund is being created for claims against Peanut Corp. of America, the processor at the center of a nationwide salmonella outbreak this year.
J.M. Smucker fiscal 1Q earnings top expectations
Aug 21, 2009 17:46 EDT
J.M. Smucker's fiscal 1Q profit more than doubles, beats expectations on sales boost. J.M. Smucker Co. said Friday its fiscal first-quarter profit more than doubled and beat expectations, mostly because of increased sales from last year's acquisition of Folgers coffee.
Striving for safer food
Aug 05, 2009 20:00 EDT
House bill would give FDA more authority to prevent and react to bacterial outbreaks. Anyone who has ever had food poisoning knows how painful the experience can be. Even mild cases cause severe discomfort and more serious cases result in days of agony and sometimes death.
J.M. Smucker 4Q profit soars, tops view
Jun 18, 2009 08:11 EDT
J.M. Smucker 4Q profit more than doubles, beats view as Folgers continues to boost results. J.M. Smucker Co. said Thursday that its fiscal fourth-quarter profit more than doubled, continuing to benefit from last year's Folgers acquisition.
Smucker Raises Dividend After Taking Unfair Hit
May 05, 2009 16:24 EDT
In 2008, prepared-foods company J.M. Smucker (SJM) outperformed the market ? falling less than half as much as the NYSE composite.
Smucker Raises Dividend After Taking Unfair Hit
May 05, 2009 11:02 EDT
In 2008, prepared-foods company J.M. Smucker SJM outperformed the market -- falling less than half as much as the NYSE composite.
Ga. adopting strict new food testing rules
May 01, 2009 13:54 EDT
Ga. now requires food processors to report problems, following salmonella outbreak. In the wake of the salmonella outbreak, Georgia Gov. Sonny Perdue has signed a bill that would make the state the first to require food makers to swiftly alert state inspectors if their internal tests show products are tainted.
Snack Maker Says Nuts To Recession, Pops Up Earnings Growth
May 01, 2009 11:12 EDT
While basketball fans were glued to their sets during March Madness, they got a taste of some food for thought.
Peanut Corporation Faces Damage Suits, Class Actions
Feb 21, 2009 19:00 EST
Peanut Corp. advises customers not to use any products from its plants. Peanut Corporation of America, maker of tainted peanut butter that has shown up in an ever-growing number of food products, has now told customers who received products from its Georgia or Texas plants not to distribute or make any further use of those products.
