Posted by Dale Buss on April 15, 2013 09:03 AM
Charlie Ergen's Dish Network offers to buy Sprint for $25.5 billion in a bid to one up SoftBank.
ConAgra, Heinz and Nestle lead frozen food battle to reverse negative image.
Nike seeks to regain its edge with fewer ads following Tiger Woods stumble.
Dannon uses Greek-style to leapfrog Yoplait to top of U.S. yogurt business.
Apple clearly enters post-Jobs era.
Justin Bieber sparks controversy with Anne Frank comment.
Boeing sees new inspection order on its 737s.Continue reading...
Posted by Dale Buss on March 5, 2013 09:01 AM
Apple value dips as Google soars.
Facebook sued over bungled IPO.
HSBC, now Europe's biggest bank, sheds personal loan assets.
Carmakers at Geneva Auto Show express fears on European recovery.
AARP ramps up YouTube marketing.
Ally Financial says U.S. is probing its retail-financing practices.
Amazon launches first TV effort, for fashion unit; leads mobile retail sales.
American Suzuki gets OK of bankruptcy plan by U.S. court.
Baileys slims down its bottle.
BBC Worldwide reportedly in talks to sell Lonely Planet stake.
Best Buy and Facebook focus on next-generation mobile marketing.
Boeing expects to move fast to get Dreamliner back into the air after FAA approval of fixes.Continue reading...
Posted by Dale Buss on February 28, 2013 09:07 AM
Carnival Cruise Lines sees brand perceptions drop to all-time low.
J.C. Penney losses snowball as boost in ad spending can't reverse sales declline.
Facebook inks deal to show ads based on shopping habits.
AC/DC rocks their own signature brand of beer.
American Express pushes e-commerce to TV commerce.
Apple preaches patience.
Boeing apologizes for Dreamliner fiasco.
Caesars looks to web gambling for financial help.
Flowers Foods set to buy Wonder, other Hostess brands for $390 million.Continue reading...
Posted by Dale Buss on February 20, 2013 08:55 AM
Apple is hit by hackers who struck Facebook.
BMW issues biggest-ever recall.
Boeing union divided on contracts as company seeks parking spaces for its grounded Dreamliners.
Burger King apologizes for Twitter hack.
Dell sales top estimates as company prepares for buyout.
Grey Poupon revives classic "Pardon Me" spot for Oscars telecast.
Heinz pre-merger-announcement trading draws FBI probe.
Martha Stewart may take stand in lawsuit pitting Macy's versus J.C. Penney. Continue reading...
chew on this
Posted by Mark J. Miller on February 15, 2013 10:25 AM
Babies, toddlers, and kids love ‘em, so why shouldn’t adults? At least that’s what a few manufacturers of packets filled with pureed fruits and vegetables are thinking.
Happy Family, Buddy Fruits, and GoGo squeeZ “are experimenting with larger portion sizes, simpler designs and sophisticated flavors like cranberry or açaí,” the Wall Street Journal reports. Those aren’t flavors that the diaper set would likely be interested in, but for adults who spend a lot of time in their cars and on the go, squeezable food may have found itself a receptive marketplace. They are certainly popular with babies, even though the American Academy of Pediatric Dentistry isn’t a big fan.
Plum Organics reports that “sales of pouch-style baby food more than doubled in the last three months, while baby food in jars and tubs was down 15%,” the Journal notes. Benjamin Punchard, senior global packaging analyst at Mintel, tells the paper that 40 percent of new baby food products or flavors introduced last year came in pouches, up from two percent in 2007.
And why not? Baby foods are a $1.5 billion industry and the pouches help extend the lifespan of the products. “It’s allowing us to age up,” said Maureen Putman, chief marketing officer for the Hain Celestial Group, maker of organic brand Earth’s Best, according to the Tennessean. “Where moms may have stopped baby food at 9 to 12 months, the pouches have really helped extend the shelf life of baby food. We see growth for a long time to come.” Continue reading...
Posted by Dale Buss on February 15, 2013 09:00 AM
BlackBerry shows new signs of life as co-founder sells stake.
Apple challenges iPhone trademark loss in Brazil.
Carnival tries to cruise away from brand disaster as passengers mull legal options.
ABC, NFL and Call of Duty get top marks for consumer engagement.
Airbus drops lithium-ion batteries from latest jet.
Applebee's expands test of Express Lunch service.
Best Western focuses on its people, not perks, in new campaign.Continue reading...
brand take over
Posted by Dale Buss on February 14, 2013 01:01 PM
Warren Buffett may finally have met a deal that satisfies his appetite. In agreeing to buy H.J. Heinz Co. in partnership with 3G Capital for $23 billion (or $28 billion including debt assumption), the CEO of Berkshire Hathaway has acquired a stable of globally popular brands owned by a staunchly resilient company in an economically dependable business.
In fact, the famed Oracle of Omaha told CNBC this morning, he has been ogling Heinz since 1980. "This is my kind of deal and my kind of partner," he said. "Heinz is our kind of company with fantastic brands."
Those brands include not only Heinz ketchup, the "bread and butter" of the portfolio of the Pittsburgh-based CPG giant, but also Ore-Ida, Lea & Perrins sauces, and Classico pasta sauces. Heinz products are sold in more than 200 countries.
Even more important to Buffett, Heinz and its brands have been great performers in a tough industry even during the Great Recession, and over the last 12 months its stock already has risen nearly 17 percent. Berkshire and 3G agreed to pay $72.50 a share, about 20 percent above Heinz's closing price on Wednesday. On Thursday, the stock climbed about to about the acquisition price.Continue reading...
Posted by Shirley Brady on February 14, 2013 08:45 AM
American Airlines and US Airways to create the world's biggest airline with $11 billion union.
AB InBev will sell Corona unit to salvage Modelo takeover, as Pernod Ricard is open to Jose Cuervo talks.
H.J. Heinz Company enters agreement to be acquired by Warren Buffett's Berkshire Hathaway.
Time Warner rumored to eye Time Inc. split and talking to Meredith about buying magazine brands.
Adidas unveils new global brand strategy with Boost product push.
American Express and Yahoo accused of stealing travel service idea.
Angry Birds parent Rovio slings into advertising.
Apple promises to fix iOS Exchange bug, fights activist shareholder Einhorn.
Barclays agrees to stop speculating on food prices.
Barnes & Noble warns of lower 2012 sales and Nook concerns.
Boeing looks at interim 787 fixes.
BT sticks by Olympic athlete Oscar Pistorius (charged with murdering his girlfriend), for now.Continue reading...