snacks

Monday's session featured two notable M&A deals in the food sector. Hershey Co (NYSE: HSY) agreed to acquire Amplify Snack Brands Inc (NYSE: BETR) in a deal which values the company at $12 billion. And Campbell Soup Company (NYSE: CPB) agreed to acquire Snyder's-Lance Inc (...

Berkshire Hathaway Inc. (NYSE: BRK-A) CEO Warren Buffett has a lesson on the importance of owning a portfolio of brands: more isn't necessarily better. Brands and retailers have been engaged in a battle for years, as retailers want to buy products at the lowest possible price and can even...

Irene Rosenfeld's tenure as CEO of Mondelez International Inc (NASDAQ: MDLZ) has come to an end. The executive confirmed Wednesday she will step down as CEO in November and will give up her board of director seat next year. Rosenfeld was instrumental in Kraft's 2010 acquisition of UK-based Cadbury...

Shares of PepsiCo, Inc. (NYSE: PEP) were trading lower by around 0.50 percent early Tuesday morning even though the company reported a top- and bottom-line beats in its earnings report. PepsiCo earned $1.50 per share in the second quarter on revenue of $15.71 billion while analysts were expecting...

Shares of Mondelez International Inc (NASDAQ: MDLZ) gained more than 1 percent early Monday morning after the Wall Street Journal reported Sunday that the snack-maker is looking to oust its CEO Irene Rosenfeld. Mondelez's move to find a successor to Rosenfeld stems from increased pressure from...

Sales of snacks and junk food tend to rise during times of uncertainty, right? According to one of the world's largest snack makers, this is not the case at all. According to CNNMoney, Mondelez International Inc (NASDAQ: MDLZ), the parent company behind Oreo and Cadbury snacks, said during its...

Amplify Snack Brands Inc (NYSE: BETR) shares are taking a drubbing following the release of its third-quarter results after the market close on Monday. Mixed 3Q Results And Guidance The company reported non-GAAP adjusted earnings per share of $0.12, flat with the year-ago period, even as net...

The ongoing trend towards healthy eating and fresh ingredients could be pushed aside and ignored for a special treat of deep-fried Twinkies. Wal-Mart Stores, Inc. (NYSE: WMT) said in a blog post it has teamed up with Hostess Brands, the maker of Twinkies, to bring a frozen, ready-to-heat...

Wall Street may be pleased with the third-quarter earnings report issued Monday by The Kellogg Company (NYSE: K), but company employees are having to digest the news that seven percent of their workforce is about to be cut as part of a major restructuring program. The world's largest producer...

A fast-food marriage made in heaven, or yet another sign of the apocalypse? Either way, Taco Bell recently reached a remarkable milestone, with sales for its Doritos Locos Tacos – which was launched in March of 2012 – passing the $1 billion mark. Taco Bell, owned by Louisville, Kentucky-based...