Consumer Goods industry news provided by Financial News USA (OTC: FNWU). NutraCea (OTC BB: NTRZ), a world leader in stabilized rice bran research and technology, announced today it has signed Med-Chem as a distributor of its nutrient-rich, proprietary portfolio of stabilized rice bran functional food ingredients in Australia and New Zealand. "Med-Chem is excited about this new partnership with NutraCea and the synergy of its products with our existing portfolio of products," noted Med-Chem's Business Development Manager, Neshar Mohammed.
Beginning in February, Pepsi-Cola (NYSE:PEP) will reach out to consumers in a different way than ever before. Pepsi will connect with consumers via a global brand restyle -- a 360-degree marketing campaign that will be reflected all over the world on TV, radio, in print, packaging and online. Not only will the packages look different, but they'll be different. Pepsi bottles, cans and cups will give consumers access to exclusive online content, games, contests and sweepstakes through unique web addresses on each of the designs. A Wachovia Capital Markets LLC analyst expects an upbeat outlook from General Mills Inc. (NYSE:GIS), maker of Cheerios, Betty Crocker baking mixes and Yoplait yogurts, on Thursday. The company hosts its 2007 outlook meeting at 9 a.m. Analyst Jonathan P. Feeney said he hopes to hear about new product launches, discussion of potential management changes, and cereal pricing strategies at the meeting. Feeney has an "Outperform" rating on shares. Packaged food maker ConAgra Foods Inc. (NYSE:CAG) said Thursday David Batchelder resigned from the company's board of directors, effective Feb. 8. Batchelder resigned to pursue different responsibilities with Relational Investors LLC, the San Diego-based investment firm where he is a principal, ConAgra said in a Securities and Exchange Commission filing. Shares of the Omaha, Neb., packaged food company rose 4 cents to $27.39 in morning trading on the New York Stock Exchange.
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