Corporate market news for Jun 2006 Heinz Profits DeclineNEW YORK - Jun 1/06 - SNS -- H.J. Heinz Company reported net income of U.S., $167.9 million on sales of $2,399.7 million for the fourth quarter ending May 3, compared to a net of $20-6.5 million on sales of $2,230.5 million during the same three month period of the previous fiscal year. . . . Continue or visitors click here WCE Sets Daily RecordWINNIPEG - Jun 1/06 - SNS -- The Winnipeg Commodity Exchange (WCE) saw a record number of futures contracts trade on May 31. A total of 50,520 futures and options contracts exchanged hands, besting the previous record of 44,503 futures and options contracts set on March 31. . . . Continue or visitors click here Cargill Building Ghanaian Cocoa PlantNEW YORK - Jun 3/06 - SNS -- Cargill will build a 60,000 metric ton (MT) capacity plant in Ghana to produce cocoa liquor, butter and powder. The facility will be located in the port of Tema and can be expanded to 120,000 MT. . . . Continue or visitors click here Wiseman Buys Milk Link BusinessesLONDON - Jun 6/06 - SNS -- Robert Wiseman Dairies PLC paid around GBP 5.5 million for the fresh liquid milk business of Milk Link Limited, comprising Peninsula Milk Processors Limited and Newlands Farm (Milk Link) Limited. . . . Continue or visitors click here ADM's Camp Named to Agricore's BoardWINNIPEG - Jun 8/06 - SNS -- Agricore United's Board of Directors appointed William H. Camp to fill a vacancy created by the resignation of G. Allan Andreas. . . . Continue or visitors click here Agricore Declares DividendWINNIPEG - Jun 8/06 - SNS -- Agricore United declared a quarterly dividend of $0.03 per share on the Limited Voting Common Shares. . . . Continue or visitors click here Agricore Reports $8 Million LossWINNIPEG - Jun 8/06 - SNS -- Agricore United reports a CDN $8 million loss of sales and revenue from services of $568.9 million during the second quarter ending April 30, compared to a loss of $4.4 million on sales of $640 million during the same threemonth period last year. . . . Continue or visitors click here SWP Reports $8.3 Million LossREGINA - Jun 9/06 - SNS -- The Saskatchewan Wheat SWP Inc. (SWP) reported a net loss of CDN $8.252 million on sales and revenues of $336.498 million during the third quarter ending April 30, compared to a net loss of $916,000 on sales of $288.016 million during the same three month period of the previous fiscal year. . . . Continue or visitors click here ADM Marketing Millennium EthanolNEW YORK - Jun 13/06 - SNS -- Archer Daniels Midland Company (ADM) will market all ethanol produced by Millennium Ethanol at its forthcoming 100 million gallon Marion, South Dakota facility. . . . Continue or visitors click here Wolseley Slaughter Plant OpensSASKATOON - Jun 20/06 - SNS -- The Natural Valley Farms (NVF) slaughter plant northeast of Wolseley, Saskatchewan is officially opening today. . . . Continue or visitors click here Cargill to Manage Terminal 22WINNIPEG - Jun 20/06 - SNS -- Cargill Limited will take over full managerial responsibility for Terminal 22 in Balcarres, Saskatchewan. . . . Continue or visitors click here Can-Oat Buys Barrhead PlantSASKATOON - Jun 22/06 - SNS -- Can-Oat Milling Inc., a wholly owned subsidiary of Saskatchewan Wheat Pool Inc., closed on its purchase of the ConAgra Oat Milling facility located in Barrhead, Alberta. . . . Continue or visitors click here Rosenfeld Named Kraft CEONEW YORK - Jun 26/06 - SNS -- Kraft Foods Inc. named Irene B. Rosenfeld as Chief Executive Officer, effective immediately, replacing Roger K. Deromedi, who has mutually agreed with the Board to leave the Company to pursue other interests. . . . Continue or visitors click here Smithfield Buys Sara Lee Meat BusinessNEW YORK - Jun 27/06 - SNS -- Sara Lee Corporation agreed to sell its European meats business to Smithfield Foods, Inc. for U.S. $575 million in cash and around $39 million for the assumption of pension and other liabilities. . . . Continue or visitors click here Campbell Soup DividendNEW YORK - Jun 27/06 - SNS -- Campbell Soup Company declared a regular quarterly dividend on its capital stock of $.18 per share. . . . Continue or visitors click here ConAgra Q4 Profits Back on TrackNEW YORK - Jun 28/06 - SNS -- ConAgra Foods Inc. reported net income of U.S. $108.5 million on sales of $2,974.6 million during the fourth quarter ending May 28, compared to a net of $101.8 million on sales of $2,998.6 million during the same 13-week period of the prior fiscal year. . . . Continue or visitors click here Rancher's Choice Gets Environmental LicenseWINNIPEG - Jun 28/06 - SNS -- A proposed beef processing plant by Rancher's Choice has been granted an environment licence, Manitoba's Conservation Minister Stan Struthers announced today. . . . Continue or visitors click here Manitoba Ethanol Project UnderwayTORONTO - Jun 29/06 - SNS -- Outlook Resources Inc. and Parkland Ethanol Cooperative (PEC) signed a memorandum of understanding for the development, construction and operation of a 150 million liter or 40 million gallon ethanol plant at the Grandview Bio-Economy Park in Manitoba. . . . Continue or visitors click here General Mills Profits DropNEW YORK - Jun 29/06 - SNS -- General Mills reported net earnings of U.S. $222 million on sales of $2,845 million for the fourth quarter ending May 28, compared to a net of $460 million on sales of $2,719 million during the same 13-week period of the prior fiscal year. . . . Continue or visitors click here
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