James Targett News
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Shares in Kerry Group Plc outpaced all its global peers in the past two months, allowing it to overtake low-cost airline Ryanair Holdings Plc as the largest company with a main listing on the Irish Stock Exchange.
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The one-dollar dinner from ConAgra Foods Inc. , a staple for Americans throughout the recession, is under threat from rising commodity costs.
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Nestle Waters , whose sales have dropped for two years, aims for revenue growth of as much as 6 percent as it expands in markets that lack clean drinking water.
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Nestle SA will begin sailing a supermarket barge down two Amazon river tributaries tomorrow as it competes with Unilever to reach emerging-market customers cut off from branded goods.
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Kerry Group Plc, Ireland’s largest food company, will probably raise its margin forecast today when Chief Executive Officer Stan McCarthy updates investors in London on its targets, according to analysts.
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Nestle SA has a $28.1 billion question and investors have plenty of answers.
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Will chocolate weather the recession better than the finance industry? Eric Heinbockel is betting it will. With a year as an unpaid intern at a small New York brokerage under his belt and no decent offers after applying for dozens of jobs, the 24-year-old gave up on his dream of a career in finance. Instead, last year he and two friends he met while getting his political science degree at Columbia University started Chocomize, an online shop that lets chocolate lovers customize their candy bars with ingredients ranging from graham crackers to gold flakes. "We looked into chocolate and saw it was relatively recession-proof," Heinbockel says.
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