food

The food giant, who has a sturdy presence in the world's yogurt market through its Yoplait brand, is finding new ways to boost calcium absorption, either by adding new ingredients, finding new foundations of calcium or fresh proce

General Mills has a potential upside of 11% based on a current price of $36.81 and an average consensus analyst price target of $40.8

Food Manufacturer General Mills (NYSE:GIS) is looking for innovative ingredients or technologies to "go beyond the known impact of calcium and vitamin D" to increase bone formation process through cultured foods.

The U.S. Census Bureau estimated retail and food services sales for May at $387.1 billion today, down 0.2% from April, but up 7.7% from May of 2010. Economists had expected a drop of 0.7% for May. The increase from March 2011 to A

Ruby Tuesday (NYSE:RT) reported Q3 EPS of $0.25, below the consensus estimate for $0.31 per share.

The chain has suffered since consumers reduced spending in the recession. It was also hurt due to the fact that many restaurant locations are in retail malls, which shoppers avoided during the economic downturn.

Sbarro is also hurt by debt that it took on when private-equity firm MidOcean Partners bought it in January.

It has total assets of about $471 million and about $486.6 million in debt, according to the bankruptcy filing.

Sbarro Inc. said that it is filing for Chapter 11 bankruptcy protection as it looks to restructure.

James H. Morgan, President and Chief Executive Officer, commented: "In fiscal 2011, Krispy Kreme generated operating income, excluding impairment and lease termination costs, of $19.2 million, which was at the high end of our $17

Krispy Kreme Doughnuts (NYSE:KKD) reported a Q4 loss of $0.02 per share. Revenues for the quarter rose 5.7% to $91.7 million, missing consensus estimates of $92.55 million.

The Conference Board's confidence index fell to 63.4 from an upwardly revised 72 in February; lower than the reading of 65 that economists had expected.

Consumers' sentiment could remain suppressed, as fuel and food costs increase, and core inflation begins to creep up as well.

U.S. consumer confidence plummeted in March, as concerns about fuel costs, unrest in the Middle East, and the natural disaster in Japan weighed on sentiments.