Industry News
Foodbeat.com features coverage of the financial aspects of public food companies and the food industry as a whole. Whether it be coverage of a recent Starbucks earnings report or updates on the rising cost of food globally, Foodbeat aims to give consumers an easy-to-digest look at the food industry through our Industry News section.
Tim Hortons Revenue Increases 10.3 Percent in Third Quarter
Canada’s most popular coffee company, Tim Hortons (NYSE:THI, TSE:THI) has released its third quarter earnings with a whopping increase of 10.3 percent in total revenue. According to The Toronto Star, “net income attributable to shareholders was ...
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Tim Hortons Tassimo T Discs: Coffee Company Unveils New Products
Tim Hortons has finally unveiled their Tassimo T Disc home coffee products. The coffee giant has been hinting at this new product for a few months now. They have released three coffee products including ...
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McDonalds Holiday Menu 2012: New and Returning Items!
McDonalds’ holiday menu has always been a huge hit with consumers. From pumpkin-themed recipes to Christmas favorites, there are countless items that McD fans look forward to each holiday season. The popular fast food ...
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Sunland Inc Employees Help To Reopen Factories: Cleaning Underway
The sterilization cleaning process at the Sunland peanut factories is well underway. Sunland has come under controversy as 35 people have been made sick from eating peanut products they processed. The factories were found to harbor ...
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Peanut Farms Pull Record Crops: Drives Down Prices
Earlier this year we reported that there was a potential for a peanut shortage. Indeed, farmers thought that the widespread droughts across America would be detrimental to their harvest. It seems that the opposite ...
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Kraft And Mondelez Hit The Market: Will Division Help Both Corporations?
In April of this year Kraft Foods Group Incorporated (NASDAQ:KRFT) announced that it was going to spin-off its global snack business and North American grocery business into two separate entities. Since the get go ...
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Starbucks Reveals New Gold Card: Cuts Free Soy, Syrup, and Tall Beverages
On October 16th big changes to the Starbucks Gold Card will be released. Over the past few days, Gold Card Members have been receiving emails detailing the changes. One alteration in particular has caused ...
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Anheuser-Busch Second Quarter Earnings Spark Concern for Investors
Anheuser-Busch InBev (NYSE:BUD) the world’s largest beer brewer reported its second quarter earnings this morning and investors are not happy. Many have been betting this year on beer and liquor being the new oil ...
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Dr. Pepper: Increases in Earnings and Profits are Just What the Dr. Ordered
Like the American political system most think of the soft drink industry as a two horse race between PepsiCo (NYSE:PEP) and Coca-Cola (NYSE:KO). This morning Dr. Pepper Snapple Group Inc. (NYSE:DPS) continued to prove ...
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