United States
Companies
Marcel Smits, the CEO of US food group Sara Lee, has revealed that the firm has received 'some incoming calls' from parties interested in acquiring its coffee business, which is due...
2011-09-09Companies
US food producers Heinz and Campbell's Soup have posted contrasting results for their latest financial quarters. For the first quarter (ending July 27) of its financial year Heinz was...
2011-09-08Companies
Canada-based convenience store operator Alimentation Couche-Tard has reported solid results for its fiscal first quarter, underlining its position as a regional outperformer. For the...
2011-09-06Companies
Tesco's announcement that it is to exit the Japanese market has led to heightened speculation that the firm could pull the plug on its loss making US operations. Certainly the move...
2011-09-05Companies
UK newspaper the Daily Mail has reported a rumour suggesting the private equity firms Kohlberg Kravis Roberts and Bain Capital are preparing to bid for upmarket US food retailer Whole...
2011-08-24Companies
Selling more than US$36bn worth of beer a year, AB InBev is a beast of a company and nearly 1.7 times the size of Heineken (see first chart). Borne out of the Belgian-Brazilian giant...
2011-08-19Companies
The world's largest retailer Walmart continues to find the going tough in its domestic market, with the firm reporting in its latest results that comparable store sales fell for the...
2011-08-17Companies
US food company Sara Lee has reached a deal to sell its North American refrigerated dough business to US private label specialist Ralcorp Holdings for US$545mn. The move comes after...
2011-08-10Companies
Reports in the Brazilian press have suggested that Walmart has been in talks to acquire Carrefour's operations in the country. These reports come after Carrefour failed to secure a...
2011-08-10Companies
US soft drinks producer Hansen Natural has continued to register dynamic earnings growth, with net profits for the first of 2011 up by 44.5% year-on-year to reach US$139.3mn. Sales...
2011-08-09



