Tofutti Brands Inc
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Consumer Staples : Food Products | Company profile

Tofutti Brands Inc. is engaged in the development, production and marketing of TOFUTTI brand non-dairy frozen desserts and other food products. TOFUTTI products are soy-based, non-dairy products, which contain no butterfat, cholesterol or lactose. The Company operates through the segment of development, production and marketing of soy-based, non-dairy frozen desserts, frozen food products and soy-based cheese products. Its non-dairy products include frozen desserts, soy-based cheeses and spreads, and other frozen food products. The Company's products include TOFUTTI, TOFUTTI CUTIES, TOTALLY VANILLA TOFUTTI CUTIE, YOURS TRULY, TOTALLY FUDGE POPS, CHOCOLATE FUDGE TREATS, COFFEE BREAK TREATS, MOJITO BAR, MARRY ME BARSa, BETTER THAN CREAM CHEESE, TOFUTTI SOY-CHEESE SLICES, BETTER THAN RICOTTA CHEESE, BETTER THAN RICOTTA, TOFUTTI PIZZA PIZZAZ, TOFUTTI BLINTZES, TOFUTTI BETTER THAN CREAM CHEESE and TOFUTTI RAVIOLI.

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UPDATE: Activision Blizzard wants to fire its CFO, who may be going to Netflix

9:48 pm ET December 31, 2018 (MarketWatch)

Activision Blizzard Inc. (ATVI) expects to fire its chief financial officer for undisclosed reasons, the company disclosed Monday, and a separate report said he would be hired by Netflix Inc. (NFLX) . In a filing with the Securities and Exchange Commission, the videogame publisher said that it notified Spencer Neumann that it intends to terminate him for cause. Activision did not say what the cause was, besides noting it was "unrelated to the company's financial reporting or disclosure controls and procedures." Neumann was placed on paid leave while he determines whether to fight the termination. Separately, Reuters reported Monday night ( that Netflix is expected to name Neumann its new CFO in the coming days, and he will start his new job in early 2019. Neumann was hired away from The Walt Disney Co. (DIS) in May 2017. Dennis Durkin, Activision's former CFO and current chief corporate officer, will assume the CFO's duties, and will take the role of a more permanent basis if Neumann accepts his termination, according to the filing. An Activision Blizzard spokeswoman declined to comment beyond the filing. Activision shares ended 2018 down 26.5% on the year, while the S&P 500 index fell 7%.

-Jeremy C. Owens; 415-439-6400;

(END) Dow Jones Newswires

December 31, 2018 21:48 ET (02:48 GMT)

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