A group of Woolworths shareholders may soon launch class action against the supermarket and retail giant for its 13.7 per cent share dive on the back of its 2015 profit downgrade. The class action is being...

Regular readers of Australian Food News are well aware of Woolworths’ recent travails. From its failed venture into hardware through Masters to other failed management strategies, Woolworths over the...

Fonterra has increased its forecast earnings for the 2015 financial year.   The co-operative is now expecting to pay farmers $4.95-5.00 per kg of milk solids.   Chairman John Wilson said performance...

Beston Global Foods Company (BGFC) has completed its initial public offering (IPO) capital raising and is expecting to list on the Australian Securities Exchange with an initial market capitalisation of...

Tassal has posted its 2015 end of financial year results reporting a 21.8 per cent net profit increase.   The 21.8 per cent increase brings Tassal’s net profit to AUD $49.99 million for the year.   Tassal’s...

Australian publicly listed almond producer Select Harvests has indicated that it is looking forward to a profitable almond crop and that a strong demand in key global markets of China and India had grown...

Manufacturing activity continued to contract in June although the rate of contraction eased according to the latest Australian Industry Group – PwC Australian Performance of Manufacturing Index (Australian...