August 1, 2008 |
Rising costs for fuel, feed and fertilizer propelled grain prices to all-time highs in June, raising the overall price of crops and livestock by 16% this year compared with last year, a U.S. Department of Agriculture report showed Thursday. Grain prices gained 42% for the year overall. Corn sold for an average of $5.61 a bushel in June, up 69% from $3.32 in 2007. Soybeans sold for $14.20 a bushel, nearly double last year's figure of $7.56. Corn went for just $2.
February 4, 2004 |
Cereal maker General Mills Inc. said Tuesday that it had received notification from U.S. regulators that it may face charges in connection with its sales practices and related accounting. The Securities and Exchange Commission's Wells notice relates to an inquiry that General Mills disclosed in October, the Minneapolis-based company said. Chief Executive Steve Sanger and Chief Financial Officer James Lawrence are included in the notice and also could face charges.
February 17, 2007 |
Dole Fresh Fruit Co. recalled several thousand cartons of imported cantaloupes Friday after the fruit tested positive for salmonella. The recall, which covers the eastern United States and the Canadian province of Quebec, is the second sparked by salmonella fears this week. On Wednesday, ConAgra Foods Inc. recalled its Peter Pan brand and certain batches of Wal-Mart Stores Inc.'
January 29, 2001 |
Vlasic Foods International, best known for its pickle-pushing cartoon stork in television commercials, is expected to soon file for bankruptcy protection and sell its core businesses. The moves by the long-troubled company might come as soon as this week, a source familiar with the situation said. Wall Street analysts said H.J. Heinz Co. is best-suited to buy Vlasic's flagship pickle business, and ConAgra Foods Inc.
October 10, 2006 |
Harley-Davidson Inc. is selling a new source of fuel, one that goes into mouths instead of gas tanks and comes in flavors including teriyaki and pepper. The iconic motorcycle maker is joining forces with one of the largest U.S. packaged-foods companies, Omaha-based ConAgra Foods Inc., to sell beef jerky and tap into the growing meat-snack business. It's the first time that Milwaukee-based Harley-Davidson has lent its name and black-and-orange logo to a food product.
December 17, 2007 |
This week's data on investment bank earnings, the housing downturn and inflation will help investors decide how the economy and corporate America are faring as they head into the new year. Wall Street hit a few snags last week: The tools in the Federal Reserve's arsenal look as if they may not be sufficient to battle the credit crisis, and inflation appears to be accelerating. Last week, the Dow ended 2.1% lower, the Standard & Poor's 500 index finished down 2.
September 25, 2001 |
A labeling mix-up that could pose a danger to people with dairy allergies is prompting the recall of 3,000 pounds of Fleischmann's margarine sold in 19 states. Fleischmann's Original stick margarine was labeled Fleischmann's Unsalted stick margarine. The original contains whey, which could trigger a serious, even life-threatening, reaction for those with dairy allergies. The Food and Drug Administration said two consumers have reported reactions.
September 20, 2004 |
Today * Treasury Secretary John W. Snow speaks at the National Press Club. * Treasury bill auction. * Trial begins for Larry Stewart, a Secret Service ink expert accused of lying on the witness stand while testifying for the government at Martha Stewart's trial. * Jury selection begins in the first Enron Corp. criminal trial. Four former Merrill Lynch & Co. executives and two former mid-level Enron executives are charged with conspiracy.
March 23, 2001
Other earnings, excluding one-time gains or charges unless noted, include: * ConAgra Foods Inc.'s fiscal third-quarter earnings fell 31% to $98.5 million, or 19 cents a share, reflecting higher energy costs and a slowing farm economy. The results matched analyst forecasts that had been revised down from 44 cents after ConAgra issued a profit warning last month.