Kraft Heinz stock falls amid industry concerns

Kraft Heinz shares fell 3% amid concerns over industry challenges following General Mills' profit forecast cut, leading investors to fear similar issues affecting Kraft Heinz.

General Mills lower in premarket; Birkenstock, Target and Best Buy higher

ChargePoint and Birkenstock saw significant stock gains, while General Mills and Heico experienced declines amid varied earnings reports and analyst ratings.

General Mills cuts profit outlook as promotions rise to win back consumers

General Mills reduced its profit forecast due to increased promotional spending and declining sales of its branded products, affecting share prices and profit margins.

Morning Bid: Markets edgy as Fed awaited

Wall Street remains cautious ahead of the Fed's interest rate decision, amidst mixed market performances, high Treasury yields, and central bank tightening signals worldwide.

Lawsuit accuses major food companies of marketing 'addictive' food to kids

A lawsuit has been filed against major food companies for marketing addictive ultra-processed foods to children, linking consumption to chronic diseases like diabetes and liver disease.

What's the impact of RFK Jr as new head of HHS on the U.S. Food sector?

Drugmaker stocks slide as Trump taps vaccine skeptic RFK Jr for US health job

U.S. drugmaker shares fell after Trump appointed Robert F. Kennedy Jr. to lead health, raising investor concerns over vaccine policies and agency oversight.

General Mills to acquire Whitebridge Pet Brands for $1.45 billion

General Mills is acquiring Whitebridge Pet Brands' North American business for $1.45 billion to enhance its pet food portfolio and focus on core brands amid growing industry competition.

Stifel downgrades food stocks Kraft Heinz and J.M. Smucker

Stifel downgraded Kraft Heinz and J.M. Smucker due to weak recovery and increased costs, while upgrading Lamb Weston; they see opportunities amid rising competition and inflation concerns.