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Corporate market news for Jan 2006


Columbia Grain Plans Elevator

NEW YORK - Jan 6/06 - SNS -- Columbia Grain Inc. plans to build a 110-car grain elevator along the Great Falls-to-Fort Benton branch railroad line this year. . . . Continue or visitors click here


WCE Sets December Volume Record

WINNIPEG - Jan 6/06 - SNS -- The Winnipeg Commodity Exchange (WCE) set a monthly volume record for December, with 273,277 contracts exchanging hands, up 65.8% from November and 30.1% above the previous year. . . . Continue or visitors click here


Bunge Expands at Nipawin

NEW YORK - Jan 10/06 - SNS -- Bunge North America will expand its oilseed crushing and refining plant in Nipawin, Saskatchewan. . . . Continue or visitors click here


Noble Argentina ISO Certified

NEW YORK - Jan 11/06 - SNS -- Noble Argentina S.A. has been awarded ISO 9001:2000 certification by BVQI, the worldwide leader in certification services, for its high standards in reception, storage and loading of grains and oil seeds in bulk through it's Lima Port. . . . Continue or visitors click here


McCormick Consolidates Manufacturing

NEW YORK - Jan 11/06 - SNS -- McCormick & Company, Incorporated will close its manufacturing facility in Salinas, California and move production to other North American facilities by the end of 2006 in hopes of simplifying the business and improving margins. . . . Continue or visitors click here


Tulbek Joins NCI

FARGO - Jan 11/06 - SNS -- Mehmet Tulbek has joined the Northern Crops Institute (NCI) in Fargo, North Dakota, where he will provide technical assistance to processors and end-users of non-cereal crops, such as soybeans, corn, lentils, dry peas, flax, chickpeas, and dry edible beans. . . . Continue or visitors click here


ADM Processing Monsanto Soybeans

NEW YORK - Jan 13/06 - SNS -- Archer Daniels Midland Company (ADM) will process low-linolenic soybeans developed by Monsanto this year at its facility in Frankfort, Indiana, and will market the low-linolenic soybean oil for use by the food industry. . . . Continue or visitors click here


Bunge Buys Second Chinese Soy Plant

NEW YORK - Jan 13/06 - SNS -- Bunge Limited is buying an integrated soybean crushing and refining plant in the port city of Nanjing, Jiangsu Province, China, from Dalian Huanong Group Ltd. . . . Continue or visitors click here


Danone Sells Amoy

NEW YORK - Jan 13/06 - SNS -- Danone Asia Pte Ltd, a subsidiary of Groupe Danone S.A. agreed to sell its Amoy businesses to Ajinomoto Co., Inc. for Euros 190 million. . . . Continue or visitors click here


HotHouse Fund Distribution

VANCOUVER - Jan 13/06 - SNS -- Hot House Growers Income Fund declared a cash distribution of $0.03 per unit for the month ending January 31, 2006. . . . Continue or visitors click here


Calavo Growers Ends Year With Loss

NEW YORK - Jan 17/06 - SNS -- Calavo Growers, Inc. posted a net loss of U.S. $517,000 on sales of $62.25 million during the fourth quarter ending October 31, compared to a profit of $1.11 million on sales of $59.4 million during the same three-month period one year earlier. . . . Continue or visitors click here


Heinz Sells Ethnic Business

NEW YORK - Jan 17/06 - SNS -- H.J. Heinz Company's HP Foods business will sell its Ethnic Foods business to Associated British Foods plc group for undisclosed terms. . . . Continue or visitors click here


Queensland Cotton Buys Twynam Gins

SYDNEY - Jan 18/06 - SNS -- Queensland Cotton Holdings Ltd. paid A$25 million for a majority interest in the ginning assets of the Twynam Group. . . . Continue or visitors click here


Twenty Cent Monsanto Dividend

NEW YORK - Jan 18/06 - SNS -- Monsanto Company declared a quarterly dividend on its common stock of 20 cents per share. . . . Continue or visitors click here


ADM Management Appointments

NEW YORK - Jan 19/06 - SNS -- ADM named Bruno Ejankowski Vice President-Manufacturing Operations for the North American Oilseed division. . . . Continue or visitors click here


Nestle Owns 100% of Dreyer's

NEW YORK - Jan 19/06 - SNS -- Nestlé S.A. now owns all outstanding shares of Dreyer's Grand Ice Cream Holdings. . . . Continue or visitors click here


BNSF Track Improvement Program

NEW YORK - Jan 24/06 - SNS -- BNSF Railway Company (BNSF) plans to spend $2.4 billion on capital improvements this year, up 10% from 2005. . . . Continue or visitors click here


Farm Bureau Mutual Buys Crop1

NEW YORK - Jan 24/06 - SNS -- Farm Bureau Mutual Insurance Company has acquired the Des Moines-based Crop1 Insurance Direct, Inc. . . . Continue or visitors click here


CN Issues Dividend, Splits Stock

MONTREAL - Jan 24/06 - SNS -- CN Rail approved a two-for-one stock split of the company's outstanding common shares outstanding, along with a 30% increase in CN's quarterly cash dividend. . . . Continue or visitors click here


CN Profits Jump

MONTREAL - Jan 24/06 - SNS -- CN today reported net income of CDN $430 million on revenues of $1,866 million for the fourth quarter ending December 31, compared to a net of $376 million on revenue of $1,736 million during the same three month period the previous year. . . . Continue or visitors click here


Tyson Net Income Down

NEW YORK - Jan 30/06 - SNS -- Tyson Foods, Inc. reported net income of U.S. $38 million on sales of $6,454 million during the first quarter ending December 31, compared to a net of $48 million on sales of $6,452 million during the same three month period of the previous fiscal year. . . . Continue or visitors click here


Yorkton's TA Foods Focuses on Flax

REGINA - Jan 30/06 - SNS -- Yorkton's TA Foods, which sold a rolled oats venture to Minnesota-based Grain Millers, Inc. in 2001, is back with a line of flax based products. . . . Continue or visitors click here


WCE Names Breakwater Liquidity Partner

WINNIPEG - Jan 30/06 - SNS -- The Winnipeg Commodity Exchange Inc. (WCE) said Breakwater Trading, LLC was added as a direct access trading participant in the category of liquidity provider. It is the fourth liquidity provider registered on WCE. . . . Continue or visitors click here


Imperial Sugar Profits Double

NEW YORK - Jan 31/06 - SNS -- Imperial Sugar Company declared a net income of U.S. $11.986 million on sales of $253.968 million during the first quarter ending December 31, 2005, compared to a net of just $6.543 million on sales of $214.707 million during the same three month period of the previous fiscal year. . . . Continue or visitors click here


ADM Reports Improved Quarter

NEW YORK - Jan 31/06 - SNS -- Archer Daniels Midland reported pretax earnings of U.S. $506.704 million on sales of $9,298.985 million during the second quarter ending December 31, compared to a net of $454.362 on sales of $9,063.526 million during the same three month period of the previous fiscal year. . . . Continue or visitors click here


Kellogg Finishes 2005 on Strong Note

NEW YORK - Jan 31/06 - SNS -- Kellogg Company reported net earnings of U.S. $192.4 million on sales of $2,493.3 million during the fourth quarter ending December 31, compared to a net of $186.94 million on sales of $2,390.8 million during the same three month period of the previous fiscal year. . . . Continue or visitors click here


Delta King Seed Names SoyDiesel Ambassador

NEW YORK - Jan 31/06 - SNS -- Delta King Seed Company has hired David Fraser of The Fraser Group to act as its "SoyDiesel Ambassador" to in the U.S. mid-south. . . . Continue or visitors click here


Imperial Sugar Dividend

NEW YORK - Jan 31/06 - SNS -- Imperial Sugar Company declared a quarterly cash dividend of $0.06 per share payable on February 24, 2006 to shareholders of record on February 14, 2006. . . . Continue or visitors click here



Articles are archived for the months:
2008:Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
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 |


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