Coca-Cola said it already has taken a number of steps, including product and packaging innovations such as smaller portion sizes through the expansion of mini-cans in the U.S., Australia, Canada, Korea and Thailand.

Corn Products International Inc. announced it intends to change its name to Ingredion, pending shareholder approval at its annual meeting in May.

Corn Products International Inc. posted a better-than-expected quarterly profit for the second time in a row as it hiked prices to protect margins, and the company forecast full-year 2012 revenue above Wall Street expectations.

PepsiCo Inc. plans to cut 8,700 jobs to offset high commodity costs and boost investment in advertising and marketing in North America.

ConAgra Foods Inc. agreed to acquire Del Monte Canada Inc. from an affiliate of private equity firm Sun Capital Partners Inc.

General Mills is reporting net income slipped 28% in the second quarter, pressured by rising costs and some charges, but revenue jumped by double digits.

Z Trim Holdings Inc, announced the formation of a board of advisors to “assist management and its board of directors in strategic planning and business development initiatives.”

Hormel Foods Corp.’s fiscal fourth-quarter profit slipped 3% as weak sales and higher ingredient costs hurt the maker of Spam, Dinty Moore stew and other packaged food brands.

Unilever booked a 7.8% increase in sales in the third quarter of this year, but that was not enough to boost profits, the company said in a statement.

Sara Lee Corp stood by its full-year forecast despite the loss of a business and a smaller boost from foreign exchange.