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Corporate market news for Apr 2006


Hot House Growers Profit In 2005

TORONTO - Apr 3/06 - SNS -- Hot House Growers Income Fund reported net earnings of CDN $1.431 million on revenue of $8.866 million during the fourth quarter ending December 31, 2005, compared to a loss of $24.69 million on revenue of $9.907 million during the same three month period of the previous fiscal year. . . . Continue or visitors click here


Smithfield Completes Cook's Buy

NEW YORK - Apr 4/06 - SNS -- ConAgra Foods Inc. completed the sale of its Cook's ham business to Smithfield Foods, Inc. . . . Continue or visitors click here


Cargill Forges Beef Packers Inc.

NEW YORK - Apr 4/06 - SNS -- Cargill Meat Solutions has completed its acquisition of Beef Packers, Inc., Fresno Meat Co., RPM Beef, Inc. and King-O-Meat, Inc. Beef Packers, Fresno Meat, RPM Beef and King-O-Meat. The companies will be combined under onename: Beef Packers, Inc. . . . Continue or visitors click here


Cargill Opens Wheat Gluten Plant

NEW YORK - Apr 5/06 - SNS -- Cargill will open first vital wheat gluten production facility in Russia at the company’s industrial complex in Efremov, Tula region. The facility will be part of a previously announced US$60 million investment in wheat processing. . . . Continue or visitors click here


ADM Buys Groupe Lysac

NEW YORK - Apr 5/06 - SNS -- Archer Daniels Midland Company has bought all the assets of Groupe Lysac, Inc., including a intellectual property and technological assets to create biodegradable products from natural and renewable resources. . . . Continue or visitors click here


SWP Closes Canadian Share Offering

REGINA - Apr 5/06 - SNS -- The Saskatchewan Wheat Pool Inc. closed its CDN $50.25 million common share offering, realizing net proceeds of $48.24 million. . . . Continue or visitors click here


Cargill Buying Afgri Ltd's Cotton Gins

NEW YORK - Apr 7/06 - SNS -- Cargill Inc. has agreed to buy Afgri Ltd's southern African cotton ginning business. . . . Continue or visitors click here


Mitchell Names Dole VP-CFO

NEW YORK - Apr 7/06 - SNS -- Dole Food Company, Inc. promoted Keith Mitchell to Vice President, Chief Financial Officer for Dole Fresh Fruit North America. . . . Continue or visitors click here


Heinz Sells New Zealand Poultry Processor

SYDNEY - Apr 10/06 - SNS -- H.J. Heinz Company completed the sale of its Auckland, New Zealand-based poultry business, Tegel Foods, to Pacific Equity Partners for around NZ$250 million or U.S. $165 million. . . . Continue or visitors click here


Noble Initiates New Ethanol Project

SYDNEY - Apr 10/06 - SNS -- Noble Group announced the financial closing of the first ethanol plant being built by Gateway Ethanol LLC, an ethanol project development company based in Kansas. . . . Continue or visitors click here


Chiquita Names Thompson SVP

NEW YORK - Apr 11/06 - SNS -- Chiquita Brands International, Inc. says Robert W. Olson, senior vice president, general counsel and secretary, has decided to retire from the company at year end after more than 10 years of service. . . . Continue or visitors click here


Cargill's Vietnamese Mills Get HAACP

NEW YORK - Apr 11/06 - SNS -- Cargill Vietnam Ltd.'s feed mills in Bien Hoa and Hung Yen have received HACCP certification. Cargill Animal Nutrition is the first Vietnamese animal feed producer to have any of its plants HACCP certified. . . . Continue or visitors click here


Cargill Reports Third Quarter Profit

NEW YORK - Apr 12/06 - SNS -- Cargill reported net earnings of U.S. $370 million for the 2006 third quarter ended February 28, up from $366 million in the same period a year ago. . . . Continue or visitors click here


Finard is Kraft's Global Category Development EVP

NEW YORK - Apr 13/06 - SNS -- Kraft Foods Inc. named Jeri Finard Executive Vice President, Global Category Development. . . . Continue or visitors click here


Rogers Sugar Fund Distribution

TORONTO - Apr 13/06 - SNS -- Rogers Sugar Income Fund authorized a monthly distribution of $0.0334 per trust unit to be paid to Unitholders of record on April 30, 2006. . . . Continue or visitors click here


CGC Covers Cloutier Agra Seed Growers

WINNIPEG - Apr 13/06 - SNS -- The Canadian Grain Commission (CGC) said all eligible growers received full payment on grain deliveries made to Cloutier Agra Seeds Inc. . . . Continue or visitors click here


Noble Buys Chinese Soy Plant

SYDNEY - Apr 18/06 - SNS -- Noble Group Limited completed its purchase of an integrated soybean crushing and refining plant in the port of Qinzhou, Guangxi Autonomous Region, China, from Siping Hongzui Grease Limited. The plant will supply soybean mealand oil to customers in southern and central China. . . . Continue or visitors click here


Hershey Company Dividend

NEW YORK - Apr 19/06 - SNS -- The Hershey Company declared quarterly dividends of $.245 on the Common Stock and $.22 on the Class B Common Stock. . . . Continue or visitors click here


Pulse Canada to Manage CSCA

WINNIPEG - Apr 19/06 - SNS -- Operation of the Canadian Special Crops Association (CSCA) has been taken over by Pulse Canada in an effort to reduce operating costs. . . . Continue or visitors click here


ADM Building Cocoa Plant

NEW YORK - Apr 20/06 - SNS -- Archer Daniels Midland Company will build a new cocoa processing facility at Hazleton, Pennsylvania. . . . Continue or visitors click here


Kellogg Declares Dividends

NEW YORK - Apr 21/06 - SNS -- Kellogg Company declared a regular quarterly dividend of $.2910 per share, up 5% from the previous regular dividend level. . . . Continue or visitors click here


Mars Buys Doane Pet Care U.S.

NEW YORK - Apr 26/06 - SNS -- Mars, Incorporated will buy Doane Pet Care Enterprises, Inc. from Teachers' Private Capital, the private equity arm of Ontario Teachers' Pension Plan. . . . Continue or visitors click here


ADM Buys Poland Elevator

NEW YORK - Apr 28/06 - SNS -- Archer-Daniels-Midland Co. bought a grain elevator in Poland. . . . Continue or visitors click here


Woertz Heads ADM

NEW YORK - Apr 28/06 - SNS -- Patricia A. Woertz has been named president and Chief Executive Officer of Archer Daniels Midland Company. She succeeds G. Allen Andreas, who remains as Chairman of the Board. . . . Continue or visitors click here


Bunge Profits Slide

NEW YORK - Apr 28/06 - SNS -- Bunge Limited reported net earnings of U.S. $58 million on sales of $5,601 million during the first quarter ending March 31, compared to a net of $98 million on sales of $5,451 million during the same three month period last year. . . . Continue or visitors click here



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