| December 12, 2007 | News for professionals in the dairy foods industry |
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- American Dairy lets go of its public accounting firm
American Dairy, a maker of powdered milk and soy products in China, has fired its accounting firm Murrell, Hall, McIntosh & Co. The move comes after the U.S. Securities and Exchange Commission began an accounting probe, sparking American Dairy to withdraw its revenue and income outlook for 2007, although the company says full year results will be very strong regardless. Reuters
(12/11)      
| The Market | | |
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- Krispy Kreme tries ice cream in Washington store
Krispy Kreme's Seattle-based partner Icon LLC is testing a new line of ice cream products called Kool Kreme at its Tacoma, Wash., store. Icon CEO Gerard Centioli touts Kool Kreme products, which includes soft-serve cones, sundaes, shakes and floats, as a separate brand, unlike the corporate-owned Ice Kreme line. The new ice cream line will be tried in other Icon's Krispy Kreme outlets once design is finalized. The News Tribune (Tacoma, Wash.)
(12/11)
- 7-Eleven to carry Weight Watchers' new snack line
7-Eleven has agreed to sell Weight Watchers International's line of snack cakes and muffins in its stores across the U.S. This will be the first distribution deal for Weight Watchers with a national convenience store. Reuters
(12/11)
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- Acquisitions, new brands to drive 2008 beverage growth
Rising commodity costs, a declining number of retailer outlets and more-demanding customers will drive the beverage industry to craft new drinks and acquire existing brands to stimulate growth in 2008, industry executives said Monday. PepsiCo will launch a calorie- and caffeine-free carbonated drink called Tava next year, while Coca-Cola Co. is expected to expand its bottled tea range as well as mull over plans to bid for Cadbury Schweppes' Snapple brand. Reuters
(12/10)
- Yumberry joins nutritious product bandwagon
Yumberry, known as yang-mei in China, is being marketed in the U.S. as a bottled fruit juice under the name Frutzzo in a bid to capitalize on the growing demand for antioxidant-rich products. Several retailers, including Costco and Meijer, are selling the product, while Whole Foods Market plans to market the brand in the coming months. NYTimes.com
(12/12)
| Health & Nutrition | | |
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- Bug in milk linked to Crohn's disease, study finds
British scientists have linked a bug called Mycobacterium paratuberculosis found in some fresh milk to Crohn's disease -- a finding that could lead to a change in milk production methods. "While the findings of the study are interesting, it is important to stress that not all Crohn's patients have MAP in their intestines," U.K. Dairy Council director Judith Bryans said. "There is no need for anyone to alter their consumption of milk based on current scientific knowledge." The Daily Mail (London)
(12/11)
- Study: Feasting then fasting offers some health benefits
A number of scientific trials indicate that there might be some benefit to a feast-then-fast schedule of eating for humans. A 2005 study by scientists at the Pennington Biomedical Research Center showed varying benefits, differing by gender, when subjects followed a schedule of alternate feasting and fasting days. Los Angeles Times
(12/10)
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| The Buzz(CORPORATE ANNOUNCEMENTS)
G-M-I, Inc. manufactures quality gaskets and gasket materials including materials that are Metal Detectable, X-Ray Detectable, compliant with FDA 21CFR177.2600, 3-A Sanitary Standards 18-03 (Auth 1294), and AH/TSE FreeTM (Animal/Human Derived Ingredient Free). Call us at 440-953-8811 or visit our web site: www.gmiincusa.com.
Interested in learning more about advertising in IDFA SmartBrief? Contact Chris Warne at (212) 450-7970 or cwarne@smartbrief.com.
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- California advisory board calls for caffeine review
The Science Advisory Board Developmental and Reproductive Toxicant Identification Committee of California on Monday called for a study to determine whether sodas and energy drinks containing caffeine pose health risks to pregnant women. The advisory panel also called for an urgent review of bisphenol A, which has been shown to have effects on hormone levels. Yahoo!/Associated Press
(12/10)
| IDFA News | | |
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What's working, what's not, what's next for generic programs
At Dairy Forum, Jan. 20 to 23 in La Quinta, Calif., you'll gain the latest insight on industry promotion and learn what it's doing for your company. The industry collects hundreds of millions of dollars from producers and processors each year to invest in a range of research, promotion and advertising activities. Tom Gallagher, CEO of Dairy Management Inc., and Kurt Graetzer, CEO of the Milk Processor Education Program (MilkPEP), will share their insight and discuss how these promotional investments are performing. You'll also hear from Kevin Bellamy, executive director of Global Dairy Platform, to learn how this new organization is coordinating activities around the world to maximize dairy sales. For more information and to register, click here.
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