The Federal Trade Commission filed a complaint Monday against juice-maker POM Wonderful, alleging that the closely-held company engaged in false advertising related to the health benefits of its pomegranate juice.
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Anheuser-Busch InBev (BUD) will hand out free beer in its latest attempt to revive the Budweiser brand.
The brewer will give away samples of the beer to 500,000 people at hip bar and restaurants in the coming weeks, Reuters said.
The promotion is intended to attract new customers as more Americans start going out to socialize after the recession forced many to stay home.
The company…
Continue reading New Budweiser Marketing Strategy: Free Beer
New Budweiser Marketing Strategy: Free Beer originally appeared on DailyFinance on Fri, 24 Sep 2010 07:00:00.
Filed Under: Company News, Anheuser-Busch InBev, Retail
McDonald’s (MCD) declared a quarterly cash dividend of 61 cents a share, an 11% increase over the previous quarterly dividend.
This brings the fourth quarter dividend payout to about $650 million, McDonald’s said in a statement.
“With today’s announced dividend increase, we expect the 2010 total cash returned to shareholders to be approximately $5 billion, split between dividends…
Continue reading McDonald’s Raises Dividend to 61 Cents a Share
McDonald’s Raises Dividend to 61 Cents a Share originally appeared on DailyFinance on Thu, 23 Sep 2010 07:54:00.
Filed Under: Company News, McDonald’s, Retail, Stocks in the News
General Mills (GIS) reported adjusted diluted earnings for the quarter of 64 cents per share, matching the results form a year earlier.
Net sales grew 1% to $3.53 billion in the first fiscal quarter ended Aug. 29, the company said in a statement. The cost of goods sold included a $72 million increase in mark-to-market value of commodity positions.
General Mills makes foods such…
Continue reading General Mills Reports Quarterly EPS of 64 Cents
General Mills Reports Quarterly EPS of 64 Cents originally appeared on DailyFinance on Wed, 22 Sep 2010 07:55:00.
Filed Under: Company News, Earnings, Green, Retail
Darden Restaurants (DRI), owner of brands including Olive Garden and Red Lobster, reported quarterly net earnings from continuing operations of 80 cents per share, up from 67 cents per share a year earlier.
Sales from continuing operations were $1.81 billion in the quarter ended Aug. 29, up 4.2% from a year earlier, the company said in a statement.
Blended same-restaurant sales for…
Continue reading Darden Restaurants Reports Quarterly EPS of 80 Cents
Darden Restaurants Reports Quarterly EPS of 80 Cents originally appeared on DailyFinance on Wed, 22 Sep 2010 07:06:00.
Filed Under: Company News, Economy, Earnings, Retail