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Corporate market news for Aug 2004


Imperial Sugar Profit Improves

NEW YORK - Aug 3/04 - SNS -- Imperial Sugar Company reported net income of $4.3 million or $0.40 per diluted share for the third quarter ended June 30, 2004, compared to $3.6 million or $0.34 per diluted share during the same period last year. . . . Continue or visitors click here


ADM, Johnson Create Skyland Grain

NEW YORK - Aug 3/04 - SNS -- Archer Daniels Midland Company (ADM) and Johnson Cooperative Grain Company, Inc. have formed a new joint venture company called Skyland Grain, LLC, to operate the local grain, agronomy and petroleum divisions of the two companies. . . . Continue or visitors click here


CBOT Trading Volume Up 32.3%

CHICAGO - Aug 3/04 - SNS -- Trading volumes on the Chicago Board of Trade (CBOT) maintained their strong pace through July, lifting calendar year-to-date volume 32.3% above last year to 338,417,477 contracts. . . . Continue or visitors click here


Danone Sells Irish Biscuit Business

LONDON - Aug 4/04 - SNS -- Groupe Danone has finalized the sale of its biscuit operations in the Republic of Ireland (W&R Jacob Ltd) to Fruitfield Foods Ltd. . . . Continue or visitors click here


ADM Issues Dividend

NEW YORK - Aug 6/04 - SNS -- Archer Daniels Midland Company declared a cash dividend of seven and one-half cents a share on the Company’s stock payable September 10, 2004 to Shareholders of record August 20, 2004. . . . Continue or visitors click here


Chiquita Reports $30 Million Q2 Net

NEW YORK - Aug 6/04 - SNS -- Chiquita Brands International, Inc. reported second quarter 2004 net income of $30 million, or $0.73 per diluted share, including an after-tax loss of $4 million on the sale of its Colombian banana production division. . . . Continue or visitors click here


Chiquita CFO Riley Leaving

NEW YORK - Aug 6/04 - SNS -- James B. Riley, senior vice president and chief financial officer for Chiquita Brands International, Inc., will leave the company at the end of August. . . . Continue or visitors click here


SWP EXplores Capital Alternatives

REGINA - Aug 6/04 - SNS -- The Saskatchewan Wheat Pool is reviewing its capital market alternatives in hopes this will allow the company to "strengthen its balance sheet and lower its interest costs." . . . Continue or visitors click here


NDDPLA Opens Staffed Office

FARGO - Aug 9/04 - SNS -- The North Dakota Dry Pea & Lentil Association (NDDPLA) has opened a permanent office and hired Eric Bartsch as the Executive Director, who will oversee administration and direct all activities of the Association. . . . Continue or visitors click here


Noble Gross Sales Double

HONG KONG - Aug 10/04 - SNS -- Noble Group Limited reported a net profit of U.S. $126 million on gross sales of $4,312 million during he first six months of 2004. . . . Continue or visitors click here


Cargill Reports $195 Million Q4 Net

NEW YORK - Aug 10/04 - SNS -- Cargill Inc. reported net earnings of $195 million for the fourth quarter ended May 31, up 38% from $141 million in the same period a year ago. . . . Continue or visitors click here


Cargill Builds Russian Facilities

NEW YORK - Aug 12/04 - SNS -- Cargill is building two additional malt and sweetener plants at its Efremov facility in the Tula oblast. . . . Continue or visitors click here


EU Approves Advanta Sale

BRUSSELS - Aug 18/04 - SNS -- The European Commission approved the proposed acquisition of Dutch-based seed producer Advanta B.V. by Swiss-based Syngenta Crop Protection AG. . . . Continue or visitors click here


Imperial Ginseng Deregisters OTC Stock

VANCOUVER - Aug 23/04 - SNS -- Imperial Ginseng Products Ltd. has filed with the United States Securities and Exchange Commission (SEC) to deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934. The Form 15 filing should become effective within 90 days. . . . Continue or visitors click here


Heinz Reports $194.8 Million Net Income

NEW YORK - Aug 24/04 - SNS -- H.J. Heinz Company reported net income of $194.8 million for its fiscal 2005 first quarter ended July 28, 2004, down from $214.0 million during the same period last year. . . . Continue or visitors click here


India's SEA Gets ISO 9001 Certification

NEW DELHI - Aug 25/04 - SNS -- The Solvent Extractors' Association of India (SEA) has received Quality Standard ISO 9001:2000 certification. . . . Continue or visitors click here


Smithfield Profits Jump

NEW YORK - Aug 26/04 - SNS -- Smithfield Foods, Inc. reports net income for the first quarter of its 2005 fiscal year jumped from $17. million last year to $54.9 million, or $.49 per diluted share. Sales were $2.7 billion, compared with $2 billion a year ago. . . . Continue or visitors click here


Louis Dreyfus Builds in Rosario

NEW YORK - Aug 27/04 - SNS -- Louis Dreyfus intends to build a soybean processing plant and port on the Parana River near Rosario, Argentina. . . . Continue or visitors click here


GROWMARK Names Directors

NEW YORK - Aug 30/04 - SNS -- GROWMARK, a regional agricultural cooperative based in Bloomington, Ill., elected 16 directors to its board at its annual meeting in Chicago, Illinois. . . . Continue or visitors click here


DANONE Pursues Serbian Investment

NEW YORK - Aug 30/04 - SNS -- Groupe DANONE has submitted a public offer to acquire part of Serbia's Knjaz Milos. . . . Continue or visitors click here


Competition Clears ABB, AusBulk, UGH Merger

SYDNEY - Aug 31/04 - The Australian Competition and Consumer Commission has approved the merger between The Australian barley marketing board, ABB Grain Ltd, AusBulk Ltd and United Grower Holdings based on an agreement by ABB to provide access to SouthAustralia’s port grain terminals. . . . Continue or visitors click here


Hot House Suspends Grower Distribution

TORONTO - Aug 31/04 - SNS -- The Hot House Growers Income (HHGI) Fund has suspended cash distributions to its greenhouse growers in response to an "unprecedented drop in tomato prices". . . . Continue or visitors click here


Cargill Marketing ARA in China Joint Venture

NEW YORK - Aug 31/04 - SNS -- Cargill Health & Food Technologies and China's Wuhan Alking Bioengineering Co. Ltd. have entered a joint venture agreement to market arachidonic acid (ARA) in China to the country's infant formula business. . . . Continue or visitors click here



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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 |


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