American Italian Pasta RSS feed

US: American Italian Pasta boss Kelly to leave company

2 August 2010

The chief executive of US pasta supplier American Italian Pasta Co. has decided to leave the business following the company's US$1.2bn sale to Ralcorp Holdings.

US: Ralcorp note offering to fund AIPC pasta buy

22 July 2010

US private-label food group Ralcorp Holdings is to offer US$450m in notes to help fund its planned acquisition of pasta maker American Italian Pasta Co.

US: Acquisition costs, lower sales hit Ralcorp profits

20 July 2010

US food group Ralcorp Holdings has booked falling third-quarter profits after acquisition costs and a drop in sales ate into earnings.

Best bits: G20 fails to deliver clear path forward

28 June 2010

Are we or are we not headed for a double-dip recession? This is the question that has dominated talks at the G20 summit over the last few days.

US/CANADA: Ralcorp buys Sepp's Gourmet Foods

28 June 2010

US food group Ralcorp Holdings has bought Canadian frozen breakfast food manufacturer Sepp's Gourmet Foods for an undisclosed sum.

Top stories on just-food this week

25 June 2010

The UK's austerity budget was always likely to dominate headlines and the food sector was no different. Outside of the economic sphere there was plenty of news from the UK's retail trade, particularly overseas. Further afield there was trouble for the US's Ralcorp.

US: Ralcorp commences cash tender offer for AIPC

24 June 2010

US food group Ralcorp Holdings has commenced a tender offer to acquire all of the outstanding shares of American Italian Pasta Co. (AIPC) for US$53 per share.

In the spotlight - Ralcorp Holdings

22 June 2010

What kind of acquisition has Ralcorp Holdings, the US food group behind cereal brand Post, delivered to its shareholders with its deal to buy American Italian Pasta Co.?

UPDATE: US: American Italian Pasta silent on Ralcorp investigations

22 June 2010

American Italian Pasta Co. (AIPC) has declined to comment on investigations by a number of law firms over the fairness of its deal with Ralcorp on shareholders.

US: American Italian Pasta faces legal probes over Ralcorp deal

22 June 2010

A number of law firms have started investigations into concerns over the financial impact of Ralcorp Holdings’ plan to buy American Italian Pasta Co. (AIPC) on the pasta supplier’s shareholders.

UPDATE: US: Ralcorp defends American Italian Pasta takeover

21 June 2010

Ralcorp Holdings' senior directors today (21 June) defended the US food group's plan to buy pasta supplier American Italian Pasta Co. amid questions over how it could grow the business.

UPDATE: US: Ralcorp seeks more effective cereal promos

21 June 2010

US food group Ralcorp Holdings today (21 June) admitted some of its cereal promotions had failed to hit the mark as the Post maker deals with a fiercely competitive category.

US/CANADA: Ralcorp snaps up two Canadian cracker firms

21 June 2010

US food group Ralcorp Holdings has bought Canadian cracker makers North American Baking and J.T. Bakeries on a day of major expansion for the company.

US: Ralcorp to buy American Italian Pasta Co. for US$1.2bn

21 June 2010

US food group Ralcorp Holdings is to buy pasta supplier American Italian Pasta Co. in a deal worth US$1.2bn.

US: Ralcorp profit warning hits shares

21 June 2010

Shares in US food group Ralcorp Holdings tumbled today (21 June) after the owner of Post cereals said its third-quarter profits would be lower than a year earlier.

Best bits: Cuts central to recipe for earnings growth

10 May 2010

As quarterly results from the world's listed food makers rained down upon us last week, industry watchers waited for any signs of confidence about the economic outlook, writes Dean Best.

US: American Italian Pasta Co. bullish despite H1 profit drop

6 May 2010

American Italian Pasta Co. (AIPC) today (6 May) insisted it was "outperforming" its rivals in the US pasta category even after sales and earnings fell in the first half of its fiscal year.

US: AIPC “proud” of FY profit surge

24 November 2009

American Italian Pasta Co. (AIPC) today (24 November) said it was “proud” of its results as it posted a surge in full-year profits.

US: AIPC profits rise on lower sales

6 August 2009

American Italian Pasta Co. (AIPC) today (6 August) posed a surge in third-quarter profits, despite a drop in revenue.

US: Increased volume boosts American Italian profits

12 May 2009

American Italian Pasta Co. booked strong year-to-date profits today (12 May), helped by helped by higher selling prices and increased volume.

US: American Italian Pasta profits up for Q1

12 February 2009

American Italian Pasta Co. reported a strong quarter of earnings yesterday (11 February) helped by higher selling prices and overall volumes.

US: Price hikes boost American Italian Pasta profits

11 December 2008

Success in pushing through price increases has buoyed revenue and earnings at American Italian Pasta Co. (AIPC).

US: Imperial Sugar makes board appointments

28 October 2008

US sugar refiner Imperial Sugar Co. has appointed Ron Kesselman and John Stokely to its board of directors.

US: American Italian Pasta settles finance probe

16 September 2008

American Italian Pasta Co. (AIPC) has agreed to pay the US government US$7.5m to settle a three-year investigation into financial malpractice at the company.

US: American Italian Pasta posts revenue gain

7 August 2008

US-based pasta maker American Italian Pasta (AIPC) posted an increase in revenues of 41.3% for the first nine months of it fiscal year.

US: American Italian adds to Heartland pasta range

4 June 2008

US-based pasta maker American Italian Pasta has launched Heartland Perfect Balance, the latest in its range of “better-for-you” pastas.

US: American Italian Pasta sees sales jump

16 May 2008

American Italian Pasta Co. has seen a 44.2% jump in revenues for in its second quarter, with sales climbing to US$139.6m.

US: American Italian Pasta Co. names CEO

23 January 2008

American Italian Pasta Co., one of the largest makers of pasta in the US, has appointed Jack Kelly as president and chief executive officer.

US: American Italian Pasta posts rising sales

3 December 2007

Embattled US-based pasta maker American Italian Pasta Co. has seen annual sales rise over 8%.

US: American Italian Pasta appoints new boss

6 November 2007

American Italian Pasta Company has named Jack Kelly as its chief operating officer.

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