Toronto / CA. (cb) Canada Bread Company Limited reported its financial results for the third quarter 2013. Net earnings increased to 24,5 million CAD compared to 23,5 million CAD last year. For the first nine months, net earnings increased to 51,3 million CAD.
Glendale / CA. (nusa) Nestle USA announced that the company is relocating its Pizza Division from its present location in Northbrook, Illinois to Solon, Ohio. Nestle Pizza is the maker of America´s most popular pizza brands. The move will be completed by mid-2014.
Miami / FL. (bk) Burger King Worldwide Inc. reported financial results for Q3/2013. CEO Daniel Schwartz: «Our positive momentum continued in the third quarter, as we delivered double-digit organic Ebitda growth and industry best-in-class margins».
Camden / NJ. (csc) Campbell Soup Company announced that it has completed the sale of its European simple meals business to CVC Capital Partners (CVC), a leading global private equity firm, for a purchase price of 400 million Euro …
Decatur / IL. (adm) Archer Daniels Midland Company reported financial results for Q3/2013. The company reported adjusted earnings per share of 0,46 USD, down from 0,53 USD in the same period last year. Net earnings were 476 million USD or 0,72 USD per share.
San Francisco / CA. (rb) Rabin Worldwide Inc. in conjunction with Capital Recovery Group, a Connecticut industrial auction and appraisal firm, will conduct multiple auctions for the remaining assets of former Hostess factories on behalf of Hackman Capital Partners.
Minneapolis / MN. (cg) Cargill Inc. has established the first business skills program for cocoa farmer cooperative executives in C?´te d´Ivoire with the launch of a Coop Academy. The program is the latest initiative under the Cargill Cocoa Promise …
Lawrenceville / NJ. (iddba) A new implementation guideline for leveraging GS1 global standards for traceability business processes in the dairy, deli, and bakery supply chain was released by IDDBA, the International Dairy Foods Association and GS1 US.
Madison / WI. (iddba) The International Dairy-Deli-Bakery Association (IDDBA) elected the 2013/2014 Officers and Board of Directors at their Annual Business Meeting. William G. Klump was elected as the association´s Chairman of the Board.
Washington / DC. (gov) A melted candy bar led to the invention of one of today´s most-used kitchen appliances. Percy Spencer was working on a military radar device in the mid-1940s when he noticed that his chocolate snack had gotten soft …