Nutrition

ARCHER-DANIELS-MIDLAND 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Archer-Daniels-Midland Company - ADM

Retrieved on: 
Friday, March 22, 2024

This action is pending in the United States District Court for the Northern District of Illinois.

Key Points: 
  • This action is pending in the United States District Court for the Northern District of Illinois.
  • ADM and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.
  • KSF has offices in New York, Delaware, California, Louisiana and New Jersey.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Archer-Daniels-Midland Company (ADM)

Retrieved on: 
Thursday, March 21, 2024

The Law Offices of Frank R. Cruz reminds investors of the upcoming March 25, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Archer-Daniels-Midland Company (“ADM” or the “Company”) (NYSE: ADM ) common stock between April 30, 2020 and January 22, 2024, inclusive (the “Class Period”).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming March 25, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Archer-Daniels-Midland Company (“ADM” or the “Company”) (NYSE: ADM ) common stock between April 30, 2020 and January 22, 2024, inclusive (the “Class Period”).
  • On January 21, 2024, the Company disclosed that the ADM Board of Directors decided to place the Company’s Chief Financial Officer and Senior Vice President, Vikram Luthar, on administrative leave effective immediately.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

DoorDash Expands Food Access for SNAP Customers With New Grocery Partners

Retrieved on: 
Wednesday, March 13, 2024

Since launching support for SNAP/EBT payments in 2023, over 1.1 million consumers have added their SNAP/EBT cards to DoorDash.

Key Points: 
  • Since launching support for SNAP/EBT payments in 2023, over 1.1 million consumers have added their SNAP/EBT cards to DoorDash.
  • With the addition of these new partners, over 6,000 locations nationwide will support SNAP/EBT payment capabilities on DoorDash for on-demand delivery of eligible grocery items.
  • DoorDash is one of the largest online marketplaces to offer SNAP/EBT recipients access to grocery delivery across the country.
  • Whether it's delivering SNAP-eligible groceries or charitable food to people experiencing food insecurity, we’re excited to continue to provide new ways for everyone to access food through DoorDash.

ADM Provides Update on Audit Committee Led Investigation

Retrieved on: 
Tuesday, March 12, 2024

ADM (NYSE: ADM) today provided an update with respect to the internal investigation led by the Audit Committee of its Board of Directors regarding certain accounting practices and procedures with respect to ADM’s Nutrition reporting segment, including as related to certain intersegment sales.

Key Points: 
  • ADM (NYSE: ADM) today provided an update with respect to the internal investigation led by the Audit Committee of its Board of Directors regarding certain accounting practices and procedures with respect to ADM’s Nutrition reporting segment, including as related to certain intersegment sales.
  • “Our strong commitment to compliance and integrity in our financial reporting is evidenced by the diligence and breadth with which the Audit Committee has conducted its internal investigation.
  • The adjustments related to the Company’s reporting segments do not impact our consolidated statement of earnings.
  • In a separate release issued today, ADM reported financial results for the quarter and full year ended December 31, 2023.

The Beachbody Company, Inc. Announces Q4 and FY 2023 Financial Results; Expects Positive Cash Flow from Operating Activities and Free Cash Flow in Q1 2024

Retrieved on: 
Monday, March 11, 2024

We expect to have positive cash flow from operating activities and free cash flow in the first quarter.”

Key Points: 
  • We expect to have positive cash flow from operating activities and free cash flow in the first quarter.”
    Total revenue was $119.0 million compared to $148.2 million in the prior year period and exceeded the high end of the guidance range.
  • Operating loss increased by $12.2 million to $60.4 million compared to an operating loss of $48.1 million in the prior year period.
  • Operating loss decreased by $62.2 million to $141.0 million compared to an operating loss of $203.2 million in the prior year.
  • Total cash used in operating activities minus the purchase of property and equipment, which we call free cash flow, was $29.1 million compared to $73.7 million in the prior year.

PRESS PASSES AVAILABLE NOW FOR NUTRITION 2024 TO BE HELD JUNE 29-JULY 2

Retrieved on: 
Thursday, April 4, 2024

BETHESDA, Md., April 4, 2024 /PRNewswire/ -- Complimentary press passes are now available for NUTRITION 2024, the annual flagship meeting of the American Society for Nutrition. Join us June 29-July 2 in Chicago for the latest developments in nutrition research, practice and policy.

Key Points: 
  • BETHESDA, Md., April 4, 2024 /PRNewswire/ -- Complimentary press passes are now available for NUTRITION 2024 , the annual flagship meeting of the American Society for Nutrition .
  • As the pre-eminent meeting in nutrition science, NUTRITION attracts thousands of scientists, practitioners, policymakers, advocacy leaders and industry professionals each year.
  • To apply for a press pass to attend NUTRITION 2024 in Chicago, check our Media Policies and submit a Press Registration Form .
  • With a press pass , you can still be part of the action with access to embargoed press materials before the meeting.

Uber Eats Partners with The Vitamin Shoppe

Retrieved on: 
Thursday, April 4, 2024

SAN FRANCISCO, April 4, 2024 /PRNewswire/ -- Today, Uber Technologies announced a new nationwide partnership with The Vitamin Shoppe, bringing the New Jersey-based health and wellness retailer's selection to the Uber Eats app, furthering its mission to help consumers get anything* they need, delivered on-demand. Approximately 700 locations of The Vitamin Shoppe and Super Supplements are now available for ordering on Uber Eats across the United States.

Key Points: 
  • Approximately 700 locations of The Vitamin Shoppe and Super Supplements are now available for ordering on Uber Eats across the United States.
  • The Vitamin Shoppe and Super Supplements stores offer the largest assortment of vitamin, supplement, and sports nutrition products at retail in the U.S., including national brands and an expanding portfolio of proprietary brands that include The Vitamin Shoppe®, Vthrive The Vitamin Shoppe™, BodyTech®, BodyTech® Elite, fitfactor™, fitfactor KETO™, plnt®, ProBioCare®, True Athlete® and TrueYou™.
  • As Uber's first US national nutritional supplement retailer, The Vitamin Shoppe joins a variety of retailers including Party City, Big Lots, STAPLES and more on the Uber Eats app—furthering the Uber Eats mission to help consumers get (almost!)
  • Valid only at The Vitamin Shoppe stores in the US where Uber Eats is available.

Value innovations address health concerns amid rising costs

Retrieved on: 
Wednesday, April 3, 2024

Despite feeling the pinch, health and wellbeing still take centre stage with consumers as 67% cite health and wellbeing as a top priority.

Key Points: 
  • Despite feeling the pinch, health and wellbeing still take centre stage with consumers as 67% cite health and wellbeing as a top priority.
  • Taken from Nutiani's latest report, Health, Nutrition and Rising Costs, which was launched today, these insights were derived from a refreshed Consumer Health and Nutrition Index that was conducted in collaboration with Ipsos.
  • More consumers are taking proactive steps to manage health and wellbeing despite inflationary pressures.
  • Yet, due to their sensitivity to rising costs, they recognise the need to adjust their approach to nutrition.

Danone North America Disrupts Snacking Behavior In The Yogurt Aisle With NEW REMIX Line - a Collection of Mix-Ins With Incredible Taste, Epic Toppings, and Stand Out Nutrition

Retrieved on: 
Wednesday, April 3, 2024

WHITE PLAINS, N.Y. and BROOMFIELD, Colo., April 3, 2024 /PRNewswire/ -- Americans are snacking more than ever, with a whopping 90 percent reporting they snack one to three times a day.1 At the same time, nearly half say they're actively trying to eat healthy.2 Danone North America is responding to these growing consumer trends and disrupting the yogurt aisle with REMIX – a wide variety of yogurts and dairy snacks with bold mix-ins to satisfy snacking cravings earlier or later in the day. Consumers can feel great about choosing a REMIX snack with knockout taste, epic mix-in toppings and – depending on the brand -- high protein, less fat, or lower sugar options.

Key Points: 
  • Consumers can feel great about choosing a REMIX snack with knockout taste, epic mix-in toppings and – depending on the brand -- high protein, less fat, or lower sugar options.
  • The company's REMIX line delivers in a way that is fun and exciting for consumers, especially as snacking habits evolve.
  • The Oikos REMIX™, Light + Fit REMIX™, and Too Good & Co. REMIX™ products give consumers portable snacking solutions that are delicious and convenient.
  • "It's no secret that snacking is increasing for busy Americans, and we've taken notice," said Rafael Acevedo, President/GM at Danone North America.

Value innovations address health concerns amid rising costs

Retrieved on: 
Wednesday, April 3, 2024

Despite feeling the pinch, health and wellbeing still take centre stage with consumers as 67% cite health and wellbeing as a top priority.

Key Points: 
  • Despite feeling the pinch, health and wellbeing still take centre stage with consumers as 67% cite health and wellbeing as a top priority.
  • Taken from Nutiani's latest report, Health, Nutrition and Rising Costs, which was launched today, these insights were derived from a refreshed Consumer Health and Nutrition Index that was conducted in collaboration with Ipsos.
  • More consumers are taking proactive steps to manage health and wellbeing despite inflationary pressures.
  • Yet, due to their sensitivity to rising costs, they recognise the need to adjust their approach to nutrition.