Nut Butter

$3 Million Class Action Nutella Payout is Nuts

Ferrero, the maker of Nutella, agreed to pay $3 million in a settlement in a class-action lawsuit that claimed Nutella mislead consumers to believe that the sweet chocolate hazelnut spread was a health food. ...More
April 27, 2012 By Lynn Kuntz
Posted in Blog
Kraft Posts $54B in Revenues Ahead of Separation

Kraft Foods. Inc., reported strong fourth quarter and full year 2011 results, driven by robust revenue growth, effective cost management and focused investments in the company's iconic brands. FY 2011 net revenues grew 10.5% globally to $54.4 billion, while Organic Net ...More
February 22, 2012
Posted in News, Bakery / Cereal, Sauces / Gravies / Soup
Ralcorp Will Receive $900M in Post Foods Spin-Off

Ralcorp Holdings, Inc. will receive approximately $900 million and retain up to 20% of outstanding shares of Post Foods when it completes its spin-off of the cereal maker at the end of January 2012, according to an amendment that Ralcorp filed to its Form 10 Registration ...More
December 28, 2011
Posted in News, Bakery / Cereal, Dressing / Marinades, Sauces / Gravies / Soup
Kraft Adds 70+ Products to 2012 Lineup

Kraft Foods will ring in the New Year with the introduction of more than 70 products to appeal to consumers’ desire for bold flavors, easy meal solutions and better-for-you offerings. ...More
December 20, 2011
Posted in News, Bakery / Cereal, Flavor, Sauces / Gravies / Soup
Salmonella Prompts Smuckers Chunky Peanut Butter Recall

The J.M. Smucker Co. announced a limited voluntary recall on two specific best-if-used-by dates of 16-ounce Smucker's® Natural Peanut Butter Chunky because it may be contaminated with Salmonella, USDA’s Food Safety and Inspection Service (FSIS) announced today. ...More
November 17, 2011
Posted in News
Ralcorp Rejects ConAgra’s Latest Takeover Bid

Ralcorp Holdings Inc.’s board of directors unanimously rejected ConAgra Foods’ third bid to acquire the company for $94 per share in cash, or approximately $5.18 billion. The proposal, which was sent in a letter to Ralcorp on Aug. 11, represents a nearly 10% increase from ...More
August 15, 2011
Posted in News, Bakery / Cereal, Dressing / Marinades, Sauces / Gravies / Soup
Guilt-Free Snacks

Snacking often leads to over-indulgence and regret. Thankfully, there are strategies for formulating satisfying, guilt-free snacks, from sweet and savory to crispy and crunchy. ...More
July 26, 2011
Posted in Articles, Bakery / Cereal, Colors, Fiber, Flavor, Nutraceuticals
Industry Adopts New Rules for Foods Advertised to Kids

Seventeen of the nation’s largest food and beverage companies unveiled an agreement that outlines uniform nutrition criteria for foods advertised to children that will further strengthen voluntary efforts to change child-directed food advertising.. ...More
July 15, 2011
Posted in News, Bakery / Cereal, Sauces / Gravies / Soup
Ralcorp to Spin Off Post Foods Division

Ralcorp Holdings, Inc. announced its board of directors agreed to separate Ralcorp and Post Foods in a tax-free spin-off to Ralcorp shareholders after failing to sell the unit to rival foodmakers. The separation is expected to be complete in four to six months, following ...More
July 15, 2011
Posted in News, Bakery / Cereal, Dressing / Marinades, Sauces / Gravies / Soup
Almonds Promote Satiety, Stabilize Blood Glucose

Incorporating almonds into morning breakfast helps stabilize blood glucose levels and promote satiety throughout the day, according to a study published in Journal of Nutrition and Metabolism. ...More
July 14, 2011
Posted in News, Fiber