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Corporate market news for Aug 2007


Record WCE Trading Volume

WINNIPEG - Aug 1/07 - SNS -- Trading volumes on the Winnipeg Commodity Exchange (WCE) jumped past its previous record during the past marketing year, with 3,183,573 futures and options contracts exchanging hands, up 22.7% from 2005-06 and 2.7% above the 3,098,918 contracts traded in the 2000-01 crop year. . . . Continue or visitors click here


Chiquita Manages 2Q Profit

NEW YORK - Aug 2/07 - SNS -- Chiquita Brands International, Inc. reported net income of U.S. $8.6 million on sales of $1,255.4 million for fir the second quarter ending June 30, compared to a net of $22.9 million on sales of $1,228.6 million during thesame three-month period last year. . . . Continue or visitors click here


Greg Stewart Heads FCC

OTTAWA - Aug 3/07 - SNS --Greg Stewart has been named the new president and chief executive officer of Farm Credit Canada (FCC) for a five-year term starting November 23. . . . Continue or visitors click here


New CGC Chief

WINNIPEG - Aug 8/07 - SNS -- Agriculture Canada named Cameron Dahl the new Commissioner of the Canadian Grain Comission (CGC). The appointment is effective immediately for a term of three years. . . . Continue or visitors click here


SWP Secures New Credit Agreement

REGINA - Aug 10/07 - SNS -- The Saskatchewan Wheat Pool (SWP) entered into a credit agreement for a $600 million senior secured revolving credit facility through a syndicate of financial institutions led by GE Capital. The three-year operating line will provide the necessary funding to support the new company’s working capital requirements. . . . Continue or visitors click here


Noble Profits Soar

NEW YORK - Aug 14/07 - SNS -- Noble Group reported a net profit of U.S. $99.529 million on sales of $10,060.485 million for the six months ending June 30, compared to a net of $60.048 million mon sales of $6,144.969 million the first half of the previous fiscal year. . . . Continue or visitors click here


Heinz Declares Dividend

NEW YORK - Aug 15/07 - SNS -- The H. J. Heinz Company declared quarterly dividends on both common and preferred stock. . . . Continue or visitors click here


ABB and Soufflet Open Ukraine Venture

NEW YORK - Aug 21/07 - SNS -- Australia's ABB Grain and Europe's Soufflet Negoce have established a joint venture grain company in the Ukraine. . . . Continue or visitors click here


Heinz Net Income Up On Quarter

NEW YORK - Aug 24/07 - SNS -- H. J. Heinz Company reported net income of U.S. $205.3 million on sales of $2,248.3 million for the first quarter ending August 1, compared to a net of $194.1 million on sales of $2,059.9 million during the same three month period last year. . . . Continue or visitors click here


Cargill Doubling Canola Capacity

WINNIPEG - Aug 30/07 - SNS -- Cargill Canada is building a second canola processing plant adjacent to its existing operation in Clavet, Saskatchewan, doubling oilseed processing capacity to 1.5 million metric tons (MT) annually. . . . Continue or visitors click here


SWP Becomes Viterra

SASKATOON - Aug 30/07 - SNS -- The Saskatchewan Wheat Pool (SWP) has changed its name to Viterra and is seeking to change its stock exchange ticker symbol to reflect the new business name. . . . Continue or visitors click here



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