Food

Monsanto Shares Surge After Higher Profit, Earnings Forecast

St. Louis Post-Dispatch
January 08, 2009 - The biotech crop giant announced that its fiscal first-quarter profit more than doubled on increased sales of seeds and Roundup herbicide....
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The Cheesecake Factory Amends Revolving Credit Facility

Business Wire
January 08, 2009 - The five-year facility, due in 2012, provides for a maximum available commitment of $300 million....
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Eating More Fish a Wise Move, Studies Show

PRNewswire
January 07, 2009 - The December 2008 Fats of Life and PUFA Newsletter electronic publications summarize findings that seafood omega-3s protect the heart, eyes and developing brain, among other benefits....
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Affordability May Be the Top Food Trend in 2009

Winston-Salem Journal
January 07, 2009 - A Winston-Salem Journal food columnist predicts some consumers will ignore nutrition in favor of calories as money gets tighter....
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Sandwich Chains Show Impressive Growth Despite Sluggish Economy

Business Wire
January 06, 2009 - According Technomic, Subway added nearly a half billion dollars in revenues during 2007, and 440 new units over the prior year....
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NutriSystem Affiliates With Costco

Market Wire
January 06, 2009 - Through this collaboration, consumers will be able to purchase the NutriSystem program in all 384 continental U.S. Costco stores....
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Norbest Gears Up to Reopen Utah Turkey-Processing Plant

The Salt Lake Tribune
January 06, 2009 - The facility in Moroni has been closed since November, costing 400 workers their jobs....
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Pilgrim's Pride Troubles Bring Worry to East Texas Town

Fort Worth Star-Telegram (Fort Worth, Texas)
January 05, 2009 - On Dec. 1 Pittsburg, Texas, residents were stunned to hear Pilgrim's Pride announce that it was reorganizing under a Chapter 11 bankruptcy....
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SK Foods Facing More Legal Woes

The Monterey County Herald (Monterey, Calif.)
January 05, 2009 - The Monterey, Calif. produce firm has been named in a class-action lawsuit in which it is accused of engaging in a scheme to fix prices in the $1 billion-a-year processed-tomato market....
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Japan Food Makers Taking Steps to Prevent Allergies

Jiji Press English News Service
January 05, 2009 - This year, House Foods Corp. will introduce a system to detect shrimp and crab meat used as ingredients in processed foods....
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