MGP Ingredients: provides preliminary FY-2019 results
Atchinson / KS. (mgp) MGP Ingredients Inc., a leading supplier of premium distilled spirits and specialty wheat proteins and starches, reported today that based on preliminary financial information, it expects to deliver the following financial results for the full year ended December 31, 2019: Sales of...
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Yum! Brands: quarterly dividend up 12 percent per share
Louisville / KY. (yb) Yum! Brands Inc. Board of Directors declared a quarterly cash dividend of USD 0.47 per share of common stock. The dividend will be distributed March 6, 2020 to shareholders of record at the close of business on February 14, 2020. Yum! Brands, Inc., based in Louisville, Kentucky...
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Kroger and Ocado Name Frederick Sixth High-Tech CFC
Cincinnati / OH. (tkc) The Kroger Company, America’s largest grocery retailer, and Ocado, one of the world’s largest dedicated online grocery retailers, announced Frederick, Maryland, as the sixth location for a Customer Fulfillment Center (CFC). The facility will support Kroger’s e-commerce initiatives...
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Conagra Brands: Announces Sustainable Packaging Goal
Chicago / IL. (cag) ConAgra Brands Inc. announced it will strive toward making 100% of its current plastic packaging renewable, recyclable or compostable by 2025. This goal accompanies current efforts to reduce the overall use of plastic and is part of the company’s broader commitment to shaping...
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Zomato: Acquires Uber’s Food Delivery Business in India
Gurgaon / IN. (sc) Zomato, one of the largest food apps in India, announced that it has acquired Uber’s food delivery business in India in an all-stock transaction, which gives Uber 9.99 percent ownership in Zomato. Deepinder Goyal, CEO of Zomato, commented: «We are proud to have pioneered restaurant...
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Starbucks: wants to be even more resource-efficient
Seattle / WA. (sc) In a public letter citing Starbucks Coffee Company enduring mission to inspire and nurture the human spirit, chief executive officer Kevin Johnson announced a multi-decade commitment to be a resource-positive company, aspiring to give more than it takes from the...
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Olam International announces re-organisation
Singapore / SG. (oi) Global food and agri-business Olam International Limited announced that building on its Strategic Plan, as set out in January 2019, it has completed the exercise with independent financial advisors to explore options to unlock and maximise the Company’s long-term value. Olam...
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Bakkavor Group: FY-2019 Pre-Close Trading Statement
Reykjavik / IS. (bkg) Island’s Bakkavör Group, the leading provider of fresh prepared food, announces the following update for the 52 weeks ended 28 December 2019, ahead of its full-year results announcement on 27 February 2020. Group revenue on a reported basis increased by 1.5 percent...
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Finsbury: H1-2019|2020 Pre-Close Trading Statement
London / UK. (ffg) British Finsbury Food Group PLC, a leading UK speciality bakery manufacturer of cake, bread and morning goods for both the retail and foodservice channels, announces an update on trading for the six months ended 28 December (H1-2019|2020). The Group generated total sales...
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Fazer Group: acquires Vuohelan Herkku gluten-free bakery
Helsinki / FI. (fg) Finland’s Fazer Group continues executing its growth strategy and investing in growing product categories by acquiring Vuohelan Herkku’s bakery and mill businesses. Vuohelan Herkku is one of the forerunners of gluten-free baking in Finland and has a new gluten-free bakery in Lahti...
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