Food and Beverages

Woolworths inks new bread deal

Retailer signs 3-yr private label supply deal with George Weston Foods: report.

Coca-Cola's profit dips in Q1

by AP
Beverage maker hurt by North American weakness, matches expectations.

Nestle reports Q1 sales drop

by AFP
World's largest food manufacturer falls short of market expectations.

CCA not concerned by downgrades

Coca-Cola Amatil confident rating, outlook changes won't impact in short term.

Coca-Cola Amatil's rating downgraded

Standard and Poor's lowers long-term rating due to mounting competition.

$2bn Spotless float leads bumper IPO build-up

Momentum for three of the year's largest floats builds ahead of Spotless, Medibank news.

Nestle to divest underperforming businesses

Food giant to sell assets as part of ongoing company-wide review.

Coca-Cola Amatil flags profit hit

Shares drop on expected 15 per cent drop in H1 earnings, SPC revenue rebounds.

Simplot eyes family dips business

The food giant is in line to buy Black Swan after a family feud landed it on the market.

Nestle to divest underperforming businesses

Food giant to sell assets as part of ongoing company-wide review.

Simplot in line to buy Black Swan

There is growing speculation that Simplot is firming as the frontrunner to acquire one of Australia’s best-known dip brands.

Mars claims pet food brands for $US2.9bn

Mars to acquire Iams, Eukanuba and Natura brands from P&G.

US assets not for sale: TWE

Treasury Wine Estates’ new chief has no plans to sell the company’s troubled US wine business.

Treasury sours on cheap wine

A focus on premium brands and a US restructuring could be just the tonic Michael Clarke needs to restore shareholder faith in the battered and bruised business… if it pays off.

Treasury Wine CEO wants to lift US operations

On his second week in the job, new Treasury Wine CEO Michael Clarke says he has plans to improve the company’s struggling US wine operations.

Coca-Cola enlists IBM for SAP cloud management

Tech giant signs five-year, multi-million dollar partnership to manage beverage maker's SAP infrastructure at Sydney data centre.

PM confident on Japan FTA

Abbott says FTA will eventually be seen as a milestone in Aust-Japan relationship.

Value Investor: Metcash in for the long haul

Metcash is part-way through a costly plan to refurbish its stores and price match major supermarkets as it battles a consumer shift toward value over convenience -- but will it be enough?

Woolworths, Fonterra ink dairy deal

by AAP
Thirty jobs to be created as retailer secures milk supplier for 10-year contract.

Goodman Fielder cuts FY guidance

Food group accelerates cost-cutting measures, flags weaker full-year earnings.