Canada

Canada-based organic food producer SunOpta has decided to not issue revenue and earnings guidance for 2009 and warned that its earnings for 2008 are likely to be considerably below... 2009-02-24

Food and retail conglomerate George Weston could soon be sitting on huge cash reserves if the proposed sale of its US bakery business to Mexico-based Bimbo goes ahead. The deal could... 2008-12-10

Mexican bread maker Grupo Bimbo has revealed it is in talks to acquire the bread-making unit of Dunedin Holdings, a subsidiary of Canada-based food and retail conglomerate George... 2008-12-05

Canada-based organic food producer SunOpta has reported a 37% increase in sales for the first 9 months of 2008, to reach CAD810mn (US$690mn). This increase was driven by the acquisition... 2008-11-10

Usually, when a firm announces it is 'conducting a strategic review to enhance shareholder value', it is invariably corporate code to indicate that the business is struggling and... 2008-09-08

Canadian soft drinks manufacturer Cott Corp has revised downwards its earnings forecast for the year. Cott has said that it now expects adjusted operating profit for 2008 to come... 2008-08-29

The Chief Executive of Canadian food producer Maple Leaf Foods has said that the company is fully accountable for an outbreak of listeriosis food poisoning, which has been linked... 2008-08-28

Canadian retailers Metro and Loblaw have reported weak sales but rising profits in their most recent financial periods. Montreal-based Metro reported a 3.7% increase in profits in... 2008-08-11

North American brewer Molson Coors has announced that net profit for the first half of 2008 fell to US$118mn, from US$189.4mn for the same period in 2007. This decline came despite... 2008-08-06

Canada-based Maple Leaf Foods continues to be hit by rising commodity costs. The firm posted a net loss of CAD9.35mn (US$9.23mn) for the second quarter of 2008, compared with a loss... 2008-07-25