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A federal judge on Thursday awarded Fresh Del Monte Produce Inc a permanent injunction in its long-running licensing dispute with Del Monte Foods Co, the canned produce and pet food company that spun it off in 1989.U.S. District Judge Sidney Stein in Manhattan awarded Fresh Del Monte much of the relief it requested, after a federal jury last April 6 ordered Del Monte Foods to pay the fresh fruit and vegetable company $13.15 million of damages.A growing number of consumers have in recent years been seeking out fresh fruit products, amid increasing awareness of the importance of maintaining a healthy diet.In a 2008 lawsuit, Fresh Del Monte claimed it had an exclusive right to sell fresh fruits and vegetables under the Del Monte name.The Coral Gables, Florida-based company also accused Del Monte Foods of infringing its trademark by selling preserved fruit in plastic cups, and misleading consumers into believing that the fruit was fresh.In awarding damages, the jury found that San Francisc...
FBN's Connell McShane on the auto maker's expansion of its dealer network in China.
FBN's Connell McShane on the outlook for shopping this Black Friday.
By Megan Davies and Jessica HallNEW YORK/PHILADELPHIA (Reuters) - A group led by Kohlberg Kravis Roberts & Co <KKR.N> plans to acquire Del Monte Foods Co <DLM.N> for...
FOX Business: The Power to ProsperAfter a week of ups and downs, Wall Street eked out mini gains on Friday as the markets managed to mostly shrug off the latest effo...
Private equity firm Kohlberg Kravis Roberts & Co is in advanced talks to buy Del Monte Foods, two sources familiar with the situation said Thursday.Del Monte offered...
FOX Business: The Power to ProsperThe clouds that had been hovering over the markets finally broke on Thursday as strong demand for GM’s IPO and signs of a bailout f...
There's No Business Like FOX BusinessWall Street displayed virtually no jobs jitters on Thursday as the bulls used a string of decent economic indicators and improve...
Del Monte Foods CEO Richard Wolford on the company's consumer and pet products.
Del Monte Foods Chairman and CEO Rick Wolford says cost cutting is a key element of the company's culture.
Del Monte Corp. said on Friday its third-quarter earnings eased 1%, as the privately-held food maker increased advertising spending and saw higher ingredient costs.D...
Michael Dell's offer to take Dell Inc private for $24.4 billion should be blocked because the leveraged buyout is unfair to the struggling computer company's stockho...
Michael Dell's offer to take Dell Inc <DELL.O> private for $24.4 billion should be blocked because the leveraged buyout is unfair to the struggling computer company'...
By Jennifer Ablan and Al YoonNEW YORK (Reuters) - "Just one word ... plastics."That well-known line from the classic 1967 movie "The Graduate" may sum up the recent ...
Lawyers are pushing for a $4.5 million fee for their work for investors challenging a corporate merger. The recovery for shareholders? Probably zero.The requested fe...
SAN FRANCISCO -- Standard & Poor's Ratings Services lowered Del Monte Foods Co.'s to B+ from BB ahead of its acquisition by Kohlberg Kravis Roberts & Co., Vestar Cap...
FOX Business: The Power to ProsperApparently the bulls didn’t get the memo that Wall Street was open for business on Black Friday. Spooked by reports that Portugal c...
