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24 August month year 2007
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reducing fat intake continues to be the main priority of consumers looking to improve their diets, according to a new report from market analyst datamonitor. a survey of us and european consumers also found that people still attach considerable importance to moderating sugar, salt and carbohydrate consumption. the new report, moderation and avoidance trends in food and drinks: implications for 'better-for-you' offerings, seeks to highlight changing attitudes towards dieting as a result of global obesity concerns.
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chr hansen regards nutrigenomics as technology to underlie the food industry's future away from one-size-fits-all nutrition, and has placed exploration of this area high-up on its r&d agenda. the danish company, which is active in cultures and enzymes (for healthy and technical food use), and colours and flavours, unveiled a plan to explore nutrigenomics as part of an announced ten per cent increase in its r&d budget for 2007/8 to around €30m.
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extremely tight world wheat supplies led to panic buying of the commodity on world markets yesterday, driving up prices to record heights and stoking fears of inflation in food prices. wheat was fetching the unprecedented price of $7.54 a bushel yesterday, according to the chicago board of trade, as canada warned of a 20 per cent smaller harvest and import-reliant japan and taiwan moved fast to shore up stocks.
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whey proteins hydrogels - 3d networks with the ability retain water in it structure when dissolved - have the potential to encapsulate sensitive ingredients, suggests a new study. writing in the journal of food engineering , sundaram gunasekaran and co-workers at the university of wisconsin-madison report that whey proteins can form nanoparticles in addition to the hydrogels to encapsulate bioactive compounds, and offer advantages over other encapsulating materials.
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the formation of the joint venture, to be called bo tian, is subject to government approval, with clearance anticipated by the end of september.hebei tian will contribute its existing beet sugar business to the joint venture and associated british foods will contribute approximately gbp70 million to fund the plans for future development and expansion. george weston, chief executive of associated british foods, said: "this acquisition represents another exciting development for us in china.
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total system-wide sales increased by 2.9%, compared to an increase of 4% for the second quarter of last year. total domestic same-store sales decreased 2.1%, compared to an increase of 2.2% for the second quarter of last year. global same-store sales decreased 1.7%, compared to an increase of 1.7% last year. total revenues were $38.3 million, a $3.9 million increase over the second quarter of 2006, while operating profit reached $12.
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the company anticipates annual net sales of $125 million, and expects the deal to be accretive to its fiscal 2008 earnings. as part of hormel foods's refrigerated foods business segment, burke corporation will continue to be run by bill burke, jr. chairman, president and ceo of hormel foods jeffrey ettinger said: "hormel foods is a leader in pepperoni, and the addition of burke corporation strengthens our position in the pizza-topping industry by expanding our offerings to foodservice customers.
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diluted earnings per share (eps) for the quarter were $0.41, compared to $0.43 per share last year, while sales totaled $1.52 billion, up from $1.41 billion in fiscal 2006. for the nine months ended july 29, 2007, net earnings were $200.7 million, or $1.44 per diluted share, up 2% compared to the $196.1 million, or $1.41 per diluted share, recorded a year ago. sales totaled $4.53 billion, up 8% from $4.
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over the quarter, sales increased to $3.4 billion, compared to $2.8 billion recorded in the same period a year ago, boosted by improved sales of beef and pork. president and ceo larry pope said: "given the challenges of higher grain costs and the continued adverse fresh pork environment, i am generally satisfied with our performance in the first quarter. "generally, the second and third quarters are the best for the pork segment as demand generally improves as we enter the fall holiday period.
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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