food | Fox Lake Towing and Recovery

Campbell Soup CEO Conant to Step Down

by | Sep 29, 2010 | Towing

Campbell Soup Company (CPB) CEO Douglas Conant will step down on July 31, 2011 after more than a decade in the post.

Denise Morrison, currently the president of the company’s North American soup, sauces and beverage unit, is expected to succeed Conant, Reuters reported. Morrison has been appointed chief operating officer, effective October 1.

POM Wonderful Hit with False Advertising Complaint from FTC

by | Sep 27, 2010 | Towing

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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China Raises Anti-Dumping Duty on U.S. Chicken

by | Sep 27, 2010 | Towing

China raised antidumping duties on U.S. chicken products, saying that the goods are being dumped in the Chinese market.

China raised the minimum chicken duty to 50.3% from 43.1% on U.S. chicken products, MarketWatch reported. The maximum antidumping tariff remains 105.4%.

McDonald’s Raises Dividend to 61 Cents a Share

by | Sep 23, 2010 | Towing

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.

Starbucks Customers to Pay More for Complicated Drinks

by | Sep 22, 2010 | Towing

Be prepared to pay more for your venti-sized extra-hot half-caff soy caramel macchiato at Starbucks starting soon. As the price of green Arabica coffee greens skyrockets, the company says it will raise prices for some of its mo…

Campbell Soup CEO Conant to Step Down

POM Wonderful Hit with False Advertising Complaint from FTC

China Raises Anti-Dumping Duty on U.S. Chicken

McDonald’s Raises Dividend to 61 Cents a Share

Starbucks Customers to Pay More for Complicated Drinks

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