food and beverage

Fighting back against disruptive protests outside its corporate headquarters and strong criticism inside, McDonald's (NYSE: MCD) CEO Don Thompson defended his company's wage scale, as well as its marketing practices, during the company's annual shareholders' meeting. Disgruntled McDonald's...

The recent Coca-Cola (NYSE: KO) shareholders meeting showed that 83 percent of shareholders voted in favor of the company's compensation and equity plans. Billionaire investor and major stakeholder Warren Buffett later appeared on CNBC, to discuss why he chose to step back from the vote, as...

Things are heating up in the already competitive fast-food sector. Along with the recent Taco Bell (NYSE: YUM) breakfast menu campaign – that takes direct aim at industry giant McDonalds (NYSE: MCD) – and Mickey-D's counter-offensive, there have been other developments all along the fast food...

Is powdered alcohol a product for our times or a concept that still needs some tinkering with? The blogosphere has been chock ablock with references to the story about Lipsmark LLC, a Tempe, Arizona-based company and its “Palcohol” powered cocktails. Palcohol's products were reportedly approved...

If you haven't already noticed, a hearty breakfast of bacon and eggs, with some coffee and orange juice on the side, is costing you more – at both the local diner and the supermarket checkout. A combination of drought, disease and supply chain issues are creating problems worldwide for many...

The headlines have been scary, especially for the carnivores among us -- beef prices are at their highest level in decades and the overall U.S. cattle herd at its smallest since 1951. But industry experts say there's more to those numbers than meets the media's eye. Lance Zimmerman, an analyst...

“We believe we have 58 percent market share in U.S. foodservice, which means that in six out of every ten restaurants you eat in you are drinking out of one of our products,” said Ken Boerger, vice president and treasurer of Libbey Inc. (NYSE: LBY). In an exclusive interview with Benzinga,...

As McDonald's (NYSE: MCD) and Taco Bell (NYSE: YUM) fight over the very lucrative fast-food breakfast market, they might want to watch their backs – Jack in the Box (NASDAQ: JACK) is gaining on them. The San Diego-based company operates more than 2,250 Jack in the Box outlets in 21 states. Its...

Another fast-food chain finds itself on the ropes. For the second time in less than three years, Sbarro filed for bankruptcy protection on Monday. Last month, the pizza chain said it will close 155 of its estimated 400 restaurants in North America, in a cost-cutting move. Bankruptcy court...

Some recent dispatches from the breakfast cereal front. The Battle Creek, Michigan-based Kellogg Company (NYSE: K) says it is working to ensure the palm oil used in its products is responsibly produced, and doesn't come from plantations that harm local environments. According to The Associated...

Another article in Benzinga recently covered why Green Mountain Coffee Roasters (NASDAQ: GMCR) has been soaring. Over the last week of market action, Green Mountain Coffee Roasters is up more than 40 percent, due to a deal with Coca-Cola (NYSE: KO). With a short float of over 30 percent,...

Few were expecting Green Mountain Coffee Roasters (NASDAQ: GMCR) to come back against Starbucks (NASDAQ: SBUX). That is why the stock is up more than 80 percent for the last quarter, with almost half of that coming in the last week of market action. News of its recent deal with Coca-Cola (NYSE...

After all the news – positive and negative – and the media hype -- good and bad – the 22nd Winter Olympics are finally here and underway in the Black Sea resort of Sochi, Russia. There's been a lot already written about the cost of these Winter Games – estimated at close to $60 billion, or...

It’s tough for any business to survive if it isn’t relevant to its customers. According to McDonald’s (NYSE: MCD) CEO, Don Thompson, his company has that problem -– at least, to some extent. Thursday, during a call to analysts, Thompson said “We’ve lost some of our customer relevance.”...

Beer is one of the oldest drinks known to man. Researchers have found evidence of the beverage as far back as the 5th millennium BC, in the regions of Egypt and Mesopotamia. Americans also have a long and storied history with their beers, and it's no surprise many beer breweries are...