PepsiCo reports snacks stable amid Q2 profit drop
As PepsiCo reported a 21% drop in overall profits for Q2 earnings today, snacks are holding steady thanks to global NPD investments and strong growth in Mexico and India, according to the CEO.
Archives for July 24, 2012
Some quinoa varieties may be unsuitable for strict gluten-free diets, study suggests
A new study has questioned advice to include quinoa in gluten-free diets for those with celiac disease, finding that some varieties may trigger symptoms.
Arcor Group diversifies into healthy, lucrative Argentina cereal sector
A surging Argentinian cereal market, underpinned by a health shift among consumers has prompted food group Arcor to launch a new cereal line in the country via its Danone joint venture company Bagley.
Silgan’s net income battered in Q2
Silgan Holding’s net income plummeted year-on-year in Q2 by $40.6m (€33.5m) and warned planned customer shutdowns could further impact results.