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New Name for IFPG

May 14, 2008



May 15, 2008
Kerry's 7.5% Revenue Growth
Kerry Group reported "a healthy" like-for-like growth in revenues of 7.5 per cent for the year to date and said it was sticking to its earlier predictions in growth in earnings for 2008.

U.N. Wants Tea Consumption Up
Boosting demand for tea is crucial to ensure price stability and returns to developing country producers, according to new report by the United Nations.

New Name for IFPG
International Food Products Group Inc. announced that the corporate name will be changed to Advanced Technologies and Products.

FDA Defining 'Gluten-free'
The FDA could make a decision in August, but it is more likely the ruling with the definition will come out in September or October.

Tea May Help Cancer Treatment
Green tea consumption may promote cancer-preventive effects in people at risk for cancer in addition to supporting the medical treatment of some kinds of cancer

May 8, 2008
Canadians Turn Cold on Tea
Cold tea growth of 10% yearly outpaces the negative growth of hot tea.

Sara Lee's 3Q Sales Up 10.5%
Net sales for 3Q 08 were $3.2 billion, an increase of 10.5% compared to $2.9 billion in the prior year period.

Grapefruit Compound and Hepatitis C
The grapefruit flavonoid naringenin inhibits the secretion of Hepatitis C virus.

Molson Coors 1Q
After-tax income from continuing operations was $46.1 million, up 140.1%.

Effects of Too Many Fats, Sugars
Diets high in fast food can be highly toxic to the liver, but that damage can be reversed, says a leading expert who offers four steps to undo the effects of a "supersize me" diet.

May 6, 2008
High-fat Diet May Help Epileptics
A unique high-fat diet, called the "ketogenic" diet may help limit the fits experienced by children with epilepsy.

Push for Coloring Ban in U.K.
The U.K.'s Food Standards Agency is calling for the voluntary withdrawal of certain food colorings after their consumption was found to be linked to hyperactivity in children.

Coke Remakes Nestea
Coca-Cola Co. is giving its Nestea line a makeover, adding flavors and new packaging in hopes of grabbing a bigger piece of a growing U.S. tea segment.

Apples May Deter Early Atherosclerosis
Eating an apple a day or drinking a glass of apple juice can help keep early atherosclerosis at bay, says a new study.

Crash Dieting's Negative Impact on Life Expectancy
Researchers from Glasgow University observed that fish given a "binge then diet" food regime had a reduced lifespan of up to 25%.

May 1, 2008
Alcohol Linked to Breast Cancer
Alcohol is to blame for rising rates of breast cancer, experts warn.

PepsiCo Takes U.K. Vitamin Water
PepsiCo announced the acquisition of V Water.

Tasty's 1Q Results
Tasty Baking Company reported net sales of $42.8 million for its first quarter.

WhiteWave Helps Dean
"On the heels of the most challenging year in our history, I am pleased with the progress we've made in the first quarter of this new year across our business," commented Gregg Engles, chairman and chief executive officer.

Energy Drinks Bad for Teeth
The high-caffeine, high-sugar beverages that some teens gulp like water are three to 10 times worse for your teeth than colas, according to a study.

April 30, 2008
Tea Can Cut Ovarian Cancer Risk
Those who drank two or more cups of tea (black, not green) a day had a 30% lower risk of developing the disease.

ADM's 3Q Results
Net earnings for the quarter ended March 31, 2008, increased 42% to $517 million.

New Celestial Course
With its 40th birthday approaching, tea giant Celestial Seasonings' logo and packages recently received a bit of a makeover, and the company bulked up its offering.

Wrigley's 2Q
Sales for the quarter totalled $1.45 billion, a 16% increase over the first quarter of the prior year.

Rice Cuts Cholesterol
Red yeast rice extract may help lower cholesterol, studies have shown.

April 29, 2008
Mars Buying Wrigley
The Wm. Wrigley Jr. Company reached an agreement to merge with Mars Incorporated.

Tyson's 2Q
Tyson Foods Inc. reported a loss of $0.02 per diluted share for the second fiscal quarter ended March 29, 2008.

Aspartame May Harm
A new review by researchers from the University of Pretoria and the University of Limpopo has revealed that high doses of the sweetener may lead to neurodegeneration.

Oscar Mayer Goes Flat
Oscar Mayer is introducing a hot and melty flatbread sandwich.

New VPs at Old Orchard
Old Orchard Brands promoted Craig Lampright from regional business manager to vice president of sales and former regional business manager, Jim Leonardelli, to regional vice president.

April 28, 2008
Higher Prices Coming for Organic Milk
Milk consumers have seen prices for conventional milk post double-digit increases, but barely budge for the organic stuff.

Lance 1Q Revenue Up 8.5%
Lance Inc. reported net revenue for the first quarter of $198.0 million, an increase of 8.5% over its prior year net revenue of $182.4 million.

Studies: No Longer Life for Antioxidant Users
A new review of studies found no evidence that the nutrition supplements extend life.

Food Prices Lead to Attacks on Biofuels
The recent rise in world food prices has intensified the debate over food versus fuel.

FDA Guidance on Yellow Corn
The Food and Drug Administration (FDA) is announcing the withdrawal of a guidance document entitled "FDA Recommendations for Sampling and Testing Yellow Corn and Dry-Milled Yellow Corn Shipments Intended for Human Food Use for Cry9C Protein Residues."

 




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