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Retail, consumer CEOs see shorter tenures as boards act more quickly

FOCUS-Retail, consumer CEOs see shorter tenures as boards act more quickly By Svea Herbst-Bayliss and Richa Naidu NEW YORK/LONDON, Sept 10 (Reuters) - When two of the most powerful brands in retail and packaged foods last month ousted their CEOs, it signaled corporate boards are more ready to toss top executives before activist investors tell them to act.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Marvell Technology Inc MRVL.OQ +9.2% Super Micro Computer Inc SMCI.OQ +8.6% ON Semiconductor Corp ON.OQ +7.3% Micron Technology Inc MU.OQ +7.3% Lululemon Athletica Inc LULU.OQ +7.0% Bottom Performers Percent Change O'Reilly Automotive Inc ORLY.OQ -1.2% Mondelez International Inc MDLZ.OQ -1.1% T-Mobile US Inc TMUS.OQ -0.8% Verisk Analytics Inc VRSK.OQ -0.8% Kraft Heinz Co KHC.OQ -0
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US FDA seeks fresh curbs on sodium levels in packaged, processed foods

US FDA seeks fresh curbs on sodium levels in packaged, processed foods Aug 15 (Reuters) - The U.S. Food and Drug Administration on Thursday laid out fresh goals to cut sodium levels in packaged and processed foods by about 20%, after its prior efforts to address a growing epidemic of diet-related chronic diseases showed early signs of success. The FDA in October 2021 had set guidelines to trim sodium levels in foods ranging from potato chips to hamburgers in a bid to prevent excessive intake of
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Big-ticket mergers in the packaged food space over the years

FACTBOX-Big-ticket mergers in the packaged food space over the years Aug 14 (Reuters) - Snickers-maker Mars inked one of the biggest deals in the packaged food industry when it said it would buy Cheez-It owner Kellanova K.N in a $35.9 billion deal on Wednesday. Dealmaking in the packaged food sector has been robust as companies seek scale to weather the impact of price inflation and weight-loss drugs weighing on demand.
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Mars to buy Pringles maker Kellanova for $36 billion in 2024's biggest deal

UPDATE 8-Mars to buy Pringles maker Kellanova for $36 billion in 2024's biggest deal All-cash deal for $83.50 per Kellanova share Acquisition expands Mars' snacking platform Shares up nearly 8% in early trade Adds more background on Mars and Kellanova from paragraphs 17-25 By Anirban Sen, Savyata Mishra, Jessica DiNapoli and Abigail Summerville NEW YORK, Aug 14 (Reuters) - Family-owned candy giant Mars is buying Cheez-It maker Kellanova K.N in a nearly $36 billion deal, bringing together brands
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