Monthly Archives: July 2010

Hershey second quarter income falls 35%

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Hershey’s second-quarter net income fell 35% because of charges for restructuring and to write down the value of a joint venture in India. However, revenue still rose as the company sold more in terms of volume on the back of raised advertising spending

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Exclusive chocolate bar from Cadbury

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Confectionery giant Cadbury is launching a new limited edition flavour of its Dairy Milk Bar of Plenty.
Money from the sales of the confectionery bar will go towards Help the Hospices, which offers care and support to the terminally ill.

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FSA seeks views on impact of flavouring regulation

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The perspective of food manufacturers and other stakeholders on the costs and benefits of enforcement provisions for the new EU Regulation on food flavourings is being sought from the UK Food Standards Agency during a three month consultation phase.

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Kraft v.p. gives sodium-reduction strategies

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A product’s sales volume will affect how much emphasis Kraft Foods Inc. places on reducing the product’s sodium content, said Richard Black, vice-president of global nutrition. For example, reducing sodium content by 15 mg in a product with 100 million lbs in annual sales would have more overall impact than by reducing sodium content by 200 mg in a product… Read more »

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Nestle aims Milkybar at adults

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The firm has introduced what it has dubbed “sophisticated packaging” to boost sales of the white chocolate bar among older demographics.
According to Nestle, while the chocolate bar is normally associated with children, 60 per cent of total sales for individual Milkybars were to adults.

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Analyst sees obstacles in Sara Lee sale

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Despite mounting speculation that Sara Lee Corp. is exploring the sale of its fresh baking business, a Wall Street analyst whose comments in May helped spur the speculation warned that “separating the Sara Lee bread brand from Sara Lee Corporation will be messy.”

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