Archives for January 11, 2012

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US juice trade association fights Brazilian fungicide fallout

By Ben Bouckley

The US Juice Products Association (JPA) has moved to allay consumer concerns that orange juice produced in the country is unsafe, after the Food and Drug Administration (FDA) said it was blocking some Brazilian imports found to contain the substance.

Recession-induced comfort eating produces weight loss market boom

By Caroline Scott-Thomas

The US weight loss products industry is expected to grow 4.5% in 2012 to $65bn, as an increasingly overweight population looks to shift some of the extra pounds gained through recession comfort eating, according to market research organization Marketdata...

Imperial Sugar loss widens, shares fall to year-low

By Caroline Scott-Thomas

Imperial Sugar’s share price slumped to a 52-week low on Wednesday, after it reported a wider net loss in the fourth quarter and missed analyst expectations by $1.84.

Twinkies maker Hostess Brands files for bankruptcy

By Caroline Scott-Thomas

Wonder bread and Twinkies maker Hostess Brands has filed for Chapter 11 bankruptcy to allow it to restructure, but does not expect to stop producing or delivering any of its products during the process, the company said on Wednesday.