Archives for February 23, 2011

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Dannon probiotic yogurt sales up 16% despite claims crackdown

By Shane Starling

US probiotics leader Dannon appears to have weathered recent class action and Federal Trade Commission (FTC)-led storms that forced it to alter gut health claims for its spoonable and drinkable yogurt, Activia, with sales rising 16 percent in 2010.

Potato producers could face price fixing lawsuit

By Caroline Scott-Thomas

The United Potato Growers of America, which represents about 80 percent of the United States’ producers of fresh and process potatoes, could face a massive lawsuit accusing it of price fixing.

Campbell’s lowers guidance as Q2 profits fall

By Caroline Scott-Thomas

The Campbell Soup Company has seen its second-quarter profits fall 8 percent on lower soup revenues and increased promotional spending, the company has said.