News & Newsletters: Page 827

Zuke's sponsors dog athletes

In March, Zuke's shared its corporate social responsibility report containing details of the company's environmental stewardship and community involvement, including its initiative to sponsor dog athletes. Zuke's sponsors nearly one dozen dog athletes and teams, from search and rescue dogs like the LaPlata county, Colorado USA search and rescue team to entertainers like the Flying Houndz frisbee team.

PetSmart stock shows bearish price movement

PetSmart (Nasdaq: PETM) closed Wednesday at US$31.30, with indicators the stock could become even more bearish. So far, the stock has hit a 52-week low of US$19.50 and a 52-week high of US$34.93, and technical indicators show the stock may drop further from its current price.

Iams prescription cat food recalled over Salmonella concerns

Procter & Gamble Co. issued a recall of its Iams brand prescription cat food due to possible Salmonella contamination. The affected product is Iams Veterinary Formula Feline Renal, packaged in 5.5-pound bags.

Eukanuba brand awarded 'Superbrand' status in three markets

Proctor & Gamble Pet Care's Eukanuba brand was recognized with “Superbrand” status in the three markets of Croatia, Hungary and South Africa. The award honors a market’s strongest brands for exceptional achievements, excellence in branding and outstanding credibility.

AFIA calls for FDA revision of Reportable Food Registry

The American Feed Industry Association (AFIA) called on the Food and Drug Administration (FDA) to revise its Draft Guidance for Industry on its Reportable Food Registry to ensure the registry legally recognizes standard commercial feed industry practices for ensuring the safety of its ingredients. Further, AFIA said FDA must establish regulations for when actions taken to ensure human food safety should be applied to animal feeds.

Research and Markets offers new report on pet supplies industry

Research and Markets has published a new report, 2010 US Pet & Pet Supplies Stores Industry Report. The report features 2010 statistics and 2011 forecast estimates on industry size, financial ratios, number of firms and payroll estimates.

London rolls out first ice cream van for dogs

The first ice cream van for dogs has made its debut at a Boomerang Pets Party in London, according to an article from the London Evening Standard. The van offered two flavors of ice cream: the Dog Eat Hog World flavor, a gammon and chicken sorbet, and the Canine Cookie Crunch flavor, dog biscuits mixed with ice cream.

Packaged Facts offers report on natural and organic pet products

Packaged Facts has published a new report, Natural, Organic and Eco-Friendly Pet Products in the U.S., 3rd Edition. The report covers both food and non-food products in the natural and organic pet market.

Muscatine Foods forms Kent Nutrition Group Inc

Muscatine Foods Corp. has combined its livestock and pet nutrition subsidiary companies to form the Kent Nutrition Group Inc. The Kent Nutrition Group is made up of a feed division and a pet division.

Del Monte CEO predicts growth in its petfood business

Richard Wolford, chief executive of Del Monte Foods, predicted growth in the company's petfood business, according to a report by The Washington Post. Del Monte recently lowered its sales outlook to 2% - 4%, from 3% - 4%.

AFIA commends CFTC on new derivatives trading regulations

The American Feed Industry Association (AFIA) commended the Commodity Futures Trading Commission (CFTC) and the Senate on a recent vote to approve an overhaul of the country's financial regulations regarding derivative trading. This new law affects trading of agricultural commodities, including many petfood ingredients, which fall under CFTC regulation.

Nestle Purina brand ranks among top cat foods

Nestle Purina topped the list of cat treats sold this year thanks to its Fancy Feast Appetizers line, according to the market research firm ACNielson. The company earned US$25 million in domestic sales of its Fancy Feast product just one year after it was launched.

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