The world's top chocolatier Barry Callebaut must reduce its debt and is working to achieve this, CEO Peter Feld was quoted as saying in an interview published on Thursday. ...

Denver, CO, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Inspired Functional Brands, Inc. (IFB), a formulator, developer and marketer of innovative functional foods and beverages located in Greenwood Village, Colorado, announced today that its Wild Calf® brand Caffé Latte had been awarded the Retailer’s Choice Award at the recent Newtopia Now 2025 event in Denver. Sponsored by SPINS, the Retailer Choice award recognizes the most innovative new CPG product as determined by the 1,500 retail buyers who attended this yea ...

Core Points - Jerry Greenfield, cofounder of Ben & Jerry's, is resigning due to ongoing political disputes with Unilever, the brand's parent company [1][2] - Greenfield expressed that Unilever has limited the brand's independence to advocate for peace, justice, and human rights, which he believes are core values protected under their merger agreement [2] - Ben & Jerry's is now part of the Magnum Ice Cream Co., which Unilever recently spun off, and is valued at approximately $8.6 billion [3] Company Relations - The relationship between Ben & Jerry's and Unilever has deteriorated since the brand was sold to Unilever in 2000 [2] - Unilever's spokesperson stated that they disagree with Greenfield's perspective and have attempted to engage both cofounders in discussions to strengthen the brand's values-based position [4] - Ben & Jerry's ceased sales in the West Bank in 2021, citing a conflict with the brand's socially conscious values, which led to criticism from Israeli officials [4] Legal Actions - Last year, Ben & Jerry's filed a lawsuit against Unilever, claiming the parent company attempted to prevent the brand from expressing support for Palestinians and a Gaza ceasefire [5] - The lawsuit also alleged that Unilever threatened and subsequently ousted CEO Dave Stever for defending the brand's social mission, which was claimed to breach the terms of their merger agreement [5]

Core Thesis - The Kraft Heinz Company is undergoing a significant restructuring by splitting into two entities: Global Taste Elevation Co (GTE) and North American Grocery Co (NAG), aiming to improve operational focus and unlock value for shareholders [2][3][4] Company Performance - Kraft Heinz's stock was trading at $26.90 as of September 8th, with trailing and forward P/E ratios of 22.43 and 9.94 respectively [1] - The company has faced nearly a decade of disappointing stock performance post-2015 merger, leading to a $15.4 billion write-down in 2019 and a dividend cut due to aggressive cost-cutting measures [2][3] Split Details - GTE will manage brands like Heinz and Philadelphia, projected to achieve $15.4 billion in revenue and $4 billion in adjusted EBITDA in 2024, with 26% margins and potential mid-single-digit growth [3] - NAG will oversee brands such as Oscar Mayer and Lunchables, expected to generate $10.4 billion in revenue and $2.3 billion in EBITDA at over 20% margins, providing stable cash flow and dividends [3] Strategic Implications - The split is designed to streamline operations, allowing each entity to focus on distinct growth trajectories and address complexities that have hindered performance [3][4] - Both companies will maintain investment-grade status, and the split will be tax-free for shareholders, indicating a strategic move to enhance capital allocation and brand investment [4] Market Outlook - The restructuring is anticipated to unlock hidden value for shareholders while ensuring steady cash returns, with Berkshire Hathaway's 27% stake reflecting cautious optimism about the company's future [4][6]

Group 1 - Retail coffee prices increased by almost 21% in August compared to the previous year, primarily driven by tariffs [1] - The U.S. is the largest importer of coffee, with nearly $9 billion worth of coffee beans imported in 2024 [1] - 99% of coffee consumed in the U.S. is imported, as the country lacks ideal coffee-growing conditions [1] Group 2 - About 80% of U.S. coffee imports come from Brazil and Colombia, both of which have been significantly affected by tariffs [2] - A 50% tariff on Brazilian goods was signed into effect by President Trump in July [2] - The full impact of the tariff on coffee prices has yet to be felt by consumers, but experts predict a larger price shock in the future [3] Group 3 - Coffee prices are expected to exceed previous records as the effects of the 50% tariffs on Brazil are realized [4] - Colombia, the second-largest coffee exporter to the U.S., is currently subject to a 10% tariff [4] Group 4 - J.M. Smucker Co. plans to increase coffee product prices for the third time in 2025 due to rising green coffee costs [5] - Starbucks aims to delay price increases until the first half of the 2026 fiscal year, thanks to its coffee buying and hedging practices [5]

Core Insights - The article discusses the earnings call insights generated from transcripts and content available on the Seeking Alpha website, emphasizing the limitations of AI tools in ensuring accuracy and completeness [1][1]. Group 1 - The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking Alpha website [1]. - The insights are generated by an AI tool and have not been curated or reviewed by editors [1]. - There are inherent limitations in using AI-based tools, which affect the accuracy, completeness, or timeliness of the earnings call insights [1].

Core Viewpoint - The departure of co-founder Jerry Greenfield from Ben & Jerry's highlights tensions between the brand and its parent company Unilever, particularly regarding social activism and corporate independence [1][2][3] Company Changes - Jerry Greenfield is stepping down after nearly 50 years with Ben & Jerry's, citing a clash with Unilever as the reason for his departure [1] - Unilever is in the process of spinning off its ice cream business into a standalone entity called the Magnum Ice Cream Company [3] Social Activism and Brand Values - Greenfield expressed that the brand's mission has always been about more than just ice cream, emphasizing values of equity, justice, and social activism [2][3] - The company faced significant tensions with Unilever after its 2021 decision to stop sales in the Israeli occupied West Bank, which Greenfield believes has led to a silencing of the brand on global issues [2] Company Perspective - Unilever disagrees with Greenfield's perspective and claims to have sought constructive dialogue with both co-founders to strengthen Ben & Jerry's value-based position [3]

Federal Reserve and Interest Rates - The Federal Reserve is expected to implement its first rate cut of 2025, with traders pricing in a 96% chance of a 25 basis point reduction [2][3] - The Fed's dot plot, which shows officials' predictions about interest rates, will provide insights into future cuts [2] - Current economic conditions include a weak job market and persistent inflation, raising questions about the sustainability of further rate cuts [2][5] China and Nvidia - China's internet regulator has instructed major tech firms to cease purchasing Nvidia's AI chips and to cancel existing orders, aiming to bolster its domestic chip industry [9][10] - This ban extends beyond previous guidance and is part of China's strategy to compete with US technology [9][10] - Nvidia faces additional challenges in China, including an antitrust probe and increasing pressure from local competitors [48][51] UK-US Tech Pact - The UK and US have signed a tech prosperity deal valued at approximately $42 billion during President Trump's state visit, with significant investments from major tech companies [13][16] - Microsoft plans to invest around $30 billion in cloud and AI infrastructure in the UK, while Google has committed nearly $7 billion for a new data center and AI research [13] - British pharmaceutical firm GSK will invest $30 billion in US research and development over five years, indicating reciprocal investment commitments [13][16] IPO Market - Online ticket platform StubHub has priced its IPO at $2.35 billion, valuing the firm at $8.6 billion, marking a rebound in the IPO market after a period of stagnation [11][12] - The IPO market has seen increased activity recently, attributed to a recovery from high inflation and rising interest rates [11][12] General Mills Earnings - General Mills reported adjusted earnings per share of 86 cents, exceeding market expectations of 82 cents, with net sales of $4.52 billion in line with forecasts [41] - The company is facing challenges due to inflation, which is pushing consumers towards cheaper products and healthier options [41] Workday and Figure - Workday's stock rose over 9% following an analyst event where it announced plans to acquire AI startup Sana, receiving positive feedback from activist investor Elliot Management [42] - Blockchain lender Figure's stock increased by more than 3% after a successful IPO that raised approximately $790 million [44]

Core Viewpoint - Irish-based nutrition supplement maker Glanbia has agreed to sell its weight management brand SlimFast US to Heartland Food Products Group for an undisclosed sum [1] Company Summary - Glanbia is divesting its SlimFast brand, indicating a strategic shift in its portfolio [1] - The financial details of the transaction have not been disclosed, leaving the market without specific valuation insights [1] Industry Summary - The sale reflects ongoing trends in the nutrition supplement industry, where companies are reassessing their brand portfolios to focus on core competencies [1] - The acquisition by Heartland Food Products Group may signal a consolidation trend within the weight management segment of the nutrition market [1]

Group 1 - The European Union antitrust regulators have resumed their investigation into Mars' $36 billion acquisition bid for Kellanova, the maker of Pringles [1] - A decision regarding the investigation is set to be made by December 19 [1]