Corporate market news for Apr 2005 Dow Opens Fungicide Plant in FranceNEW YORK - Apr 2/05 - SNS -- Dow AgroSciences LLC opened a new Dithane fungicide production unit on an existing industrial site located in Lauterbourg, France. . . . Continue or visitors click here NGFA Elects BoardSAN DIEGO - Apr 4/05 - SNS -- The National Grain and Feed Association (NGFA) elected 17 members to serve on its Board of Directors during the association's 108th annual convention here. . . . Continue or visitors click here Caldwell Leaves CCAOTTAWA - Apr 5/05 - SNS -- Jim Caldwell, Director of Government Affairs for the Canadian Cattlemen's Association, has resigned to pursue other interests. . . . Continue or visitors click here Canadian Grain Liability Insurance DevelopedWINNIPEG - Apr 5/05 - SNS -- The Canadian Grain Commission (CGC) and Agricore United have partnered to introduce a new insurance program aimed at created a more cost effective way to provide security on deliveries to licensed companies by western Canadian grain producers. . . . Continue or visitors click here GM Trait Revenue Boosts Monsanto ProfitsNEW YORK - Apr 6/05 - SNS -- Monsanto Company reported net income of U.S. $373 million on sales of $1,909 million during the second quarter ending February 28, a solid improvement on the $154 million earned on sales of $1,498 million during the same quarter the previous fiscal year. . . . Continue or visitors click here SWP JRI Joint VentureTORONTO - Apr 6/05 - SNS -- The Saskatchewan Wheat Pool (SWP) and James Richardson International Limited (JRI) will jointly operate their Vancouver port terminals, which are adjacent to one another on the North shore of Vancouver's Burrard Inlet. . . . Continue or visitors click here ConAgra Declares DividendNEW YORK - Apr 8/05 - SNS -- ConAgra Foods, Inc. has declared a quarterly common stock dividend of $0.2725 per share. . . . Continue or visitors click here CN Rail Offers Instant Rate QuotesTORONTO - Apr 11/05 - SNS -- CN Rail will offer customers a tool on its website which will let them get carload freight quotes at any time of the day or year. . . . Continue or visitors click here Mosaic Expanding Potash PlantNEW YORK - Apr 11/05 - SNS -- The Mosaic Company will expand its Esterhazy, Saskatchewan potash facility, adding roughly 400,000 tons of annual capacity. . . . Continue or visitors click here Agrium Plans Potash ExpansionTORONTO - Apr 11/05 - SNS -- Agrium Inc. will proceed with the 310,000 metric ton )+(MT) capacity expansion at its Vanscoy, Saskatchewan potash mine, bringing total capacity to 2.1 million MT. . . . Continue or visitors click here SeCan Appoints New GMOTTAWA - Apr 12/05 - SNS -- SeCan named Jeff Reid its new General Manager effective May 1. . . . Continue or visitors click here Cargill Reports $366 Million NetNEW YORK - Apr 12/05 - SNS -- Cargill reported net earnings of U.S. $366 million for the third quarter ending February 28, up 35% from the same period a year ago. . . . Continue or visitors click here Cargill, Diversa to Develop EnzymesNEW YORK - Apr 12/05 - SNS -- Cargill Health and Food Technologies and Diversa Corporation have reached an agreement to discover and develop novel enzymes. . . . Continue or visitors click here CN BLET Agreement in IllinoisTORONTO - Apr 12/05 - SNS -- CN Rail and the Brotherhood of Locomotive Engineers and Trainmen (BLET) have reached a tentative agreement on a contract covering 400 locomotive engineers working on CN's former Illinois Central (IC) properties in the United States. . . . Continue or visitors click here Golden Hope Unit Buys Unilever UnitHONG KONG - Apr 13/05 - SNS -- Malaysia's Golden Hope Plantations Bhd. will buy Unilever South Africa (Proprietary) Ltd.'s 'Crispa' and 'Holsum' frying oils and fats businesses. . . . Continue or visitors click here Kellogg Buys Kraft Snack Foods PlantNEW YORK - Apr 13/05 - SNS -- Kellogg Company will buy Kraft's Nabisco fruit snacks manufacturing facility in Chicago, Illinois. . . . Continue or visitors click here ADM Closes Brazilian Soy PlantNEW YORK - Apr 13/05 - SNS -- ADM will discontinue operations indefinitely at its soybean crushing and refining operation in Tres Passos, Rio Grande do Sul, Brazil. . . . Continue or visitors click here Darcas Joins ABB Pulse DivisionSYDNEY - Apr 13/05 - SNS -- The Australian barley marketing board, ABB Grain Ltd., named Francois Darcas Business Unit Manager of its pulse trading team. . . . Continue or visitors click here Olymel, Supraliment Merger ApprovedTORONTO - Apr 14/05 - SNS -- Canada's Competition Bureau will allow Olymel l.p., a subsidiary of the La Coop fédérée, and Supraliment l.p., a subsidiary of Groupe Brochu, to merge their activities. . . . Continue or visitors click here Rogers Sugar Fund DistributionTORONTO - Apr 15/05 - SNS -- Rogers Sugar Income Fund will make a monthly distribution of $0.0334 per trust unit. . . . Continue or visitors click here Cargill Buys Better BeefTORONTO - Apr 17/05 - SNS -- Cargill Limited will buy the beef processing and related assets operated by Guelph, Ontario's Better Beef Limited. . . . Continue or visitors click here Tate & Lyle Licenses Alleggra ProductsNEW YORK - Apr 19/05 - SNS -- Tate & Lyle entered a licensing agreement with Alleggra Foods Limited giving it the right to manufacture, distribute and market Alleggra's soy-based egg product in the United States, Canada and Mexico. . . . Continue or visitors click here CPI Profits DeclineNEW YORK - Apr 19/05 - SNS -- Corn Products International, Inc. reported net income of U.S. $16.5 million on sales of $613.3 million for the first quarter ending March 31, compared to net earnings of $25.7 million on sales of $592.3 million during the previous fiscal year. . . . Continue or visitors click here Bayer-Cheminova Supply AgreementLONDON - Apr 19/05 - SNS -- Bayer CropScience entered a one year non-exclusive supply agreement with Denmark's Cheminova for its Imidacloprid insecticide. . . . Continue or visitors click here Canada Farm Direct to Sell Beef to KoreaSASKATOON - Apr 19/05 - SNS -- Canada Farm Direct has lined up a preliminary deal for 400 metric tons (MT) of beef per week to South Korea once the country allows imports of Canadian beef to resume. . . . Continue or visitors click here Cargill to Buy Chocolate PlantNEW YORK - Apr 19/05 - SNS -- Cargill will buy an industrial chocolate facility – Schierstedter Schokoladefabrik GmbH & Co. KG (SSF) – from its existing customer, Ludwig Schokolade GmbH & Co. KG. . . . Continue or visitors click here Hershey Changes Name, Declares DividendNEW YORK - Apr 19/05 - SNS -- The Hershey Company's name change was approved by stockholders, as was an increase in the company's authorized stock. . . . Continue or visitors click here Danisco Concludes Genencor Tender OfferLONDON - Apr 20/05 - SNS -- Denmark's Danisco A/S said its subsidiary DH Subsidiary Inc. successful concluded a cash tender offer to buy the common stock of Genencor at US $19.25 per share. . . . Continue or visitors click here Kraft Profits UpNEW YORK - Apr 20/05 - SNS -- Kraft Foods Inc. reported net earnings of U.S. %713 million on sales of $8,059 million for the first quarter ending March 31, compared to net earnings of $560 million on sales of $7,575 million the previous fiscal year. . . . Continue or visitors click here Delta and Pine Land Company Share OfferNEW YORK - Apr 20/05 - SNS -- Delta and Pine Land Company -- a commercial breeder, producer and marketer of cotton planting seed -- will commence a modified "Dutch auction" tender offer for 1,739,130 shares of its common stock at a price per share of between $25.00 to $28.75. . . . Continue or visitors click here CBOT Posts Open Interest RecordCHICAGO - Apr 20/05 - SNS -- Exchange-wide open interest reached its highest level on record on Monday, April 18, according to the Chicago Board of Trade (CBOT). . . . Continue or visitors click here Illinois Reviews Monsanto PricingNEW YORK - Apr 20/05 - SNS -- Illinois Attorney General's office is reviewing pricing and licensing of genetically modified seeds produced by Monsanto Company. . . . Continue or visitors click here CN Declares DividendTORONTO - Apr 20/05 - SNS -- CN Rail will pay a second-quarter 2005 dividend on the company's common shares outstanding. . . . Continue or visitors click here CN Declares DividendTORONTO - Apr 20/05 - SNS -- CN Rail reported net earnings of CDN $299 million on revenue of $1,706 million for the first quarter ending March 31, compared to earnings of $210 on revenue of $1,438 million during the same quarter of the previous fiscal year. . . . Continue or visitors click here Imperial Sugar Sells RefineryNEW YORK - Apr 21/05 - SNS -- Imperial Sugar signed a definitive agreement to sell its Sugar Land, Texas refinery site to Cherokee Sugar Land, LP, a joint venture between W.C. Perry Land Development, LP and Cherokee Investments Partners, LLC. . . . Continue or visitors click here General Mills Completes Notes TenderNEW YORK - Apr 21/05 - SNS -- General Mills, Inc. purchased $500,000,000 aggregate principal amount of its outstanding 6% Notes due 2012. . . . Continue or visitors click here Hershey Reports Record ProfitsNEW YORK - Apr 22/05 - SNS -- The Hershey Company reported net income of U.S. $118,221,000 on sales of $1,126,414,000 during the first quarter ending April 3, compared to net income of $107,147,000 on sales of $1,013,089,000 during the same period the previous fiscal year. . . . Continue or visitors click here Land O'Lakes First Quarter Sales and Earnings Down From YearNEW YORK - Apr 26/05 - SNS -- Land O'Lakes, Inc. reported net earnings of U.S. $24.3 million on sales of $2.05 billion during the first quarter ending March 31, compared to net earnings of $45.1 million on sales of $2.01 billion during the same quarterthe previous fiscal year. . . . Continue or visitors click here Fresh Del Monte Produce Profits UpNEW YORK - Apr 26/05 - SNS -- Fresh Del Monte Produce Inc. reported net income of U.S. $57.9 million on sales of $838.5 million during the first quarter ending April 1, compared to net income of $47 million on sales of $713.8 million during the same quarter the previous fiscal year. . . . Continue or visitors click here Groupe Danone in Indian Joint VentureLONDON - Apr 26/05 - SNS -- Groupe Danone and Japan's Yakult Honsha Co. will create a jointly own company called Yakult Danone India Private Limited to develop products for India's probiotics market. . . . Continue or visitors click here Mid-America Building Biofuel PlantNEW YORK - Apr 26/05 - SNS -- Mid-America Biofuels, LLC, plans to build Missouri's first major biodiesel production plant in Mexico, MO. . . . Continue or visitors click here American Italian Pasta Earnings SinkNEW YORK - Apr 27/05 - SNS -- American Italian Pasta Company reported net income of U.S. $2.377 million on sales of $100.06 million during the second quarter ending April 1, compared to net income of $7.561 million on sales of $113.35 million during the previous fiscal year. . . . Continue or visitors click here American Italian Pasta DividendNEW YORK - Apr 27 - SNS -- American Italian Pasta Company declared a quarterly dividend of 18.75 cents per share. . . . Continue or visitors click here Agricore Donates Seed to Foodgrains BankWINNIPEG - Apr 27/05 - SNS -- Agricore United has again pledged to donate CDN $50,000 worth of planting seed to Canadian Foodgrains Bank (CFGB) growing projects in Manitoba, Saskatchewan and Alberta. . . . Continue or visitors click here Nestle Must Sell Brazilian UnitLONDON - Apr 28/05 - SNS -- The Brazilian government has ordered Nestle SA to sell chocolate maker Garoto, which it bought in 2002 for U.S. $230 million. . . . Continue or visitors click here Kellogg's Net Earnings RiseNEW YORK - Apr 28/05 - SNS -- Kellogg Company reported net earnings of U.S. $254.7 million on sales of $2,572.3 million during the first quarter ending April 2, compared to net earnings of $219.8 million on sales of $2,390.5 million during the same quarter of the previous fiscal year. . . . Continue or visitors click here Bunge Earnings Jump 40%NEW YORK - Apr 28/05 - SNS -- Bunge Limited reported net income of U.S. $98 million on sales of $5,451 million during the first quarter ending March 31, compared to net earnings of $70 million on sales of $5.739 million the previous fiscal year. . . . Continue or visitors click here Smithfield Nets ISO 14001 CertificationNEW YORK - Apr 28/05 - SNS -- Smithfield Foods, Inc. has achieved ISO 14001 certification for all its U.S. hog production and processing facilities, the first company in that industry to do so. . . . Continue or visitors click here Maple Leaf Net Earnings DeclineTORONTO - Apr 28/05 - SNS -- Maple Leaf Foods Inc. reported net earnings of CDN $12.748 million on sales of $1,582.3 million during the first quarter ending March 31, compared to net earnings of $18.115 million on sales of $1,194.7 million during the same quarter of the previous fiscal year. . . . Continue or visitors click here Canada Bread Net SlipsTORONTO - Apr 28/05 - SNS -- Canada Bread Company reported net earnings of CDN $11.885 million on sales of $316.9 million during the first quarter ending March 31, compared to net earnings of $12.549 million on sales of $305.4 million during the same quarter of the previous fiscal year. . . . Continue or visitors click here Tyson Pays SEC FineNEW YORK - Apr 28/05 - SNS -- Tyson Foods, Inc. will pay a U.S. $1.5 million fine to the U.S. Securities and Exchange Commission (SEC) over executive perquisites paid between 1997 and 2003, while former Senior Chairman Don Tyson will pay $700,000. . . . Continue or visitors click here ADM Profits IncreaseNEW YORK - Apr 29/05 - SNS -- Archer Daniels Midland (ADM) reported net earnings of U.S. $269.1 million on sales of $8,484.2 million for the third quarter ending March 31, compared to earnings of $226.8 million on sales of $9,309 million during the same period of the previous fiscal year. . . . Continue or visitors click here Container Terminal Planned for Prince RupertTORONTO - Apr 29/05 - SNS -- A container terminal will be built in Prince Rupert for opening in the first quarter of 2007, now that CDN $60 million in funding has been secured from the Canadian federal and British Columbia. The terminal plan was announced by CN, Maher Terminals of Canada Corporation and the Prince Rupert Port Authority. . . . Continue or visitors click here CN and Conductors Reach ContractTORONTO - Apr 29/05 - SNS -- CN Rail and the United Transportation Union members it employs in Canada have ratified a three-year collective agreement with the company retroactive to Jan. 1, 2004. . . . Continue or visitors click here
Articles are archived for the months: 2008:Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 2007:Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 2006:Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 2005:Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 2004:Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|