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Nestlé Overhauls Bonus Structure
Yahoo Finance· 2026-03-09 14:08
A leading global food manufacturer has reportedly overhauled its employee bonus program as part of a broader effort to revamp its corporate culture.Under the new structure at Nestlé, people familiar with the move recently told Bloomberg, workers deemed “exemplary” could get bonuses of up to 150% of company targets, while those at the other end of the spectrum, or “unsatisfactory,” would get a maximum of 50% of the target — or no bonus at all. Most Read in Manufacturing: The top bonuses were previously capp ...
Fleury Michon to open first US factory
Yahoo Finance· 2026-03-09 11:03
MarfoFMA, a division of the French agri-food company Fleury Michon Group, plans to open its first US production plant. The company is investing over $37m to repurpose the former White Castle distribution site in South Covington, Kentucky. The factory will manufacture frozen meals, specifically for airline clients, according to a statement issued last week. “This approach from MarfoFMA aims to deliver dependable service across Europe, the US, and Canada,” according to the statement. The project is anti ...
Jim Cramer on Campbell’s Company: “Money Managers Don’t Like to Buy the Stocks of Companies That Are Going to Have Down Years”
Yahoo Finance· 2026-03-08 16:35
Group 1 - The Campbell's Company (NASDAQ:CPB) has been experiencing negative performance, with its market value currently at $7.7 billion despite a successful acquisition of Rao's [1] - The company's earnings are projected to decline in 2026, which is a significant concern for money managers [1] - Campbell's stock yields just under 5%, which is considered high, raising questions about the sustainability of this yield [3] Group 2 - The stock price of The Campbell's Company has fallen over 18% since recent comments were made about its performance [4] - The company competes in a challenging food industry, with solid brands like Pepperidge Farm and V8, but has struggled against market pressures [3] - There is speculation that the only justification for investing in Campbell's stock is the potential for a takeover, which has not materialized as a reliable bet [3]
B&G Foods (BGS) Price Target Raised to $5 at Barclays After Green Giant Sale Move
Yahoo Finance· 2026-03-06 17:13
B&G Foods, Inc. (NYSE:BGS) is included among the 15 Best Stocks to Buy Now for Passive Income. B&G Foods (BGS) Price Target Raised to $5 at Barclays After Green Giant Sale Move On March 5, Barclays analyst Andrew Lazar raised the firm’s price recommendation on B&G Foods, Inc. (NYSE:BGS) to $5 from $4 and kept an Equal Weight rating on the shares. The firm said it believes the company may move closer to its mid-year leverage target with the divestiture of its Green Giant frozen business. B&G Foods Inc. ...
Conagra Brands to Expand Manufacturing Operations in Fayetteville, Arkansas
Globenewswire· 2026-03-06 15:10
FAYETTEVILLE, Ark., March 06, 2026 (GLOBE NEWSWIRE) -- Today, the Arkansas Economic Development Commission announced that Conagra Brands, Inc. (NYSE: CAG), one of North America’s leading branded food companies, will expand its existing manufacturing facility in Fayetteville, Ark. through a multi-year investment of approximately $220 million. The project is expected to create more than 100 new jobs over the next five years, strengthening the region’s manufacturing workforce and economy. "This significant inv ...
Pangea Announces Proposed Name Change
Thenewswire· 2026-03-06 13:00
Company Overview - Pangea Wellness Inc. is a North American manufacturer specializing in clean-label foods and innovative wellness products [2] - The company offers advanced, needle-free peptide therapies through its subsidiary Amino Innovations, which support recovery, cognitive function, and overall health [2] Name Change Announcement - The company will change its name from "Pangea Wellness Inc." to "The Precision Peptide Company Inc." subject to approval from the Canadian Securities Exchange [1] - The stock symbol will also change from "PNGA" to "BPC" as part of the name change [1] - Further details regarding the name change will be provided in a subsequent news release [1]
General Mills recovery likely multiyear, Jefferies says
Yahoo Finance· 2026-03-04 20:11
General Mills recovery likely multiyear, Jefferies says Proactive uses images sourced from Shutterstock General Mills Inc (NYSE:GIS, XETRA:GRM) shares remain under pressure as it faces continued volume declines in North America Retail (NAR) and limited near-term upside despite recent price investments, Jefferies analysts have highlighted. The analysts maintained a ‘Hold’ rating and $42 price target on the stock, below its recent price of $45, and framed its outlook around whether the company’s pricing act ...
Hershey's Salty Snacks Sales Surge: Is the 28% Growth Durable?
ZACKS· 2026-03-04 15:11
Key Takeaways HSY's Q4 North America Salty Snacks sales jumped 28% YoY to $357M. Hershey's organic constant currency sales grew 18.2%, with around 14% from volume. HSY's segment income rose 38.1% to $75.3M; margin expanded 160 bps to 21.1%. The Hershey Company (HSY) reported strong growth in its North America Salty Snacks business during the fourth quarter of 2025, reflecting solid retail demand and continued momentum across the segment’s portfolio of brands. HSY’s Salty Snacks Growth StorySegment sales in ...
Orior buys pasta maker Pastificio Gaetarelli outright
Yahoo Finance· 2026-03-03 10:38
Swiss food group Orior has taken full ownership of Italian fresh pasta manufacturer Pastificio Gaetarelli. In a statement issued yesterday (2 March), the company said it acquired the final 81% shareholding for a consideration in the “mid single-digit millions”. Orior said the transaction is “strengthening its strategic position in the premium fresh pasta segment and sending a clear signal for focused, value-creating growth”. Based in Salò on Lake Garda, Pastificio Gaetarelli supplies pasta to retail an ...
Planet Based Foods Global Inc. Announces Change of Auditor
TMX Newsfile· 2026-02-26 22:42
Core Viewpoint - Planet Based Foods Global Inc. has changed its auditor from MNP LLP to DMCL LLP to better align audit and advisory services with the company's growth strategy and evolving operations [1][2]. Auditor Change - The change in auditors was effective February 18, 2026, and was approved by the company's board of directors [1]. - The appointment of DMCL will be submitted to shareholders for approval at the next Annual General Meeting [2]. Previous Auditor's Performance - The reports from the predecessor auditor on the company's financial statements for the two most recent fiscal years (ended December 31, 2024, and December 31, 2023) did not contain any modifications or reservations [3]. - There were no reportable events as defined in National Instrument 51-102 in connection with the predecessor auditor's audits [3]. Compliance and Filing - The notice of change of auditor, along with required letters from both the predecessor and successor auditors, has been reviewed by the audit committee and the board of directors, and filed on SEDAR+ [4]. Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology, aiming to empower food manufacturers and consumers for a more sustainable food system [5].