Tyson Foods (TSN) reported earnings of 57 cents per share for the fourth quarter of fiscal 2010, compared with a loss of $1.23 per share a year earlier.
The company reported goodwill impairment charges of 7 cents per share in the quarter, up from $1….
Heinz Co. (HNZ) reported earnings per share from continuing operations of 78 cents for the quarter ended Oct. 27, compared with 76 cents per share a year earlier.
Sales for the second quarter of fiscal 2011 fell 1.2% to $2.61 billion, the company sai…
Private equity fund Kohlberg Kravis Roberts & Co. is in talks to buy Del Monte Foods Co., (DLM) Reuters reported.
KKR made an offer worth $18.50 a share for Del Monte, Reuters reported without naming its sources. That would value Del Monte, which…
McDonald’s Corp. (MCD) raised the prices of some of the items on its menu in Chinese stores because of higher costs.
The increase “is because of higher raw material prices and we’ve adjusted our prices accordingly,” Sophia Luan, spokeswoman for McDon…
Wendy’s/Arby’s Group (WEN) reported a net loss of $900,000 for the third quarter, compared with a profit of $14.7 million for the third quarter of 2009.
Revenues at the fast-food company dropped to $861.2 million for the quarter, compared with $903.2…