Here's Why Shares in Yogurt Giant Danone Are Taking Off
Danone beat first-quarter sales growth expectations on the back of sales in Asia and North America.
Danone milks it in China
Danone has bet on emerging markets as enthusiastically as any rival. Its businesses in Brazil, China and Russia have won the prizes, and endured the pain, to show it.
Danone Sales Boosted by Europe
The French dairy company is making progress after facing a series of problems in recent years.
The Infant Formula's in the Mail as Chinese Purchase Online
As Chinese consumers fret about whether locally produced infant formula is safe, the Dutch postal service has a burgeoning new line of business: exporting milk powder to China.
Danone Forecasts Difficult Market Amid Fresh Dairy Slowdown
Danone, the world’s biggest yogurt maker, joined European consumer-goods peers in forecasting no pickup in sales growth in 2015 after revenue from its fresh-dairy unit increased at the slowest pace in more than a decade last year.
Hospira talks with #Danone on $5 billion tax inversion deal stall
U.S. drugmaker Hospira’s HSP.N talks to buy the medical nutrition unit of Danone DANO.PA and use the deal to move its tax domicile abroad have stalled, according to people familiar with the matter, as attempts by U.S. companies to relocate abroad and cut their tax bills draw growing criticism back home.
#Danone names new CEO as Riboud prepares for succession
Danone said on Tuesday that Chairman and Chief Executive Franck Riboud would split his role after 18 years at the helm of the world’s largest yoghurt maker, which is grappling with a series of setbacks in Asia and in Europe.
#Danone tackles challenges in Europe, China
Danone believes it can return its business to «profitable, superior top line growth» in six months time, as benefits feed through from the French dairy group’s attempts to tackle the still sticky spots of dairy in Europe and infant nutrition in China.
#Danone's Faber Tries a Solo Strategy in China
The French company hasn’t abandoned China, but its chief operating officer wants to avoid another joint-venture debacle.