Corporate News Market News for May 2012
Legumex Walker Sells Blue Hills Stake
TORONTO - May 1/12 - SNS -- Legumex Walker Inc. sold its 20% stake in Blue Hills Processors (2003) Ltd. (BHPL) to BHPL's majority owner for total gross proceeds of $1.8 million.
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AGT's Q1 Earnings Decline
TORONTO - May 10/12 - SNS -- Alliance Grain Traders Inc. (AGT) reported net earnings of CDN $2.8 million on sales of $197.4 million for the first quarter ending March 31, compared to a net of $7.2 million on sales of $168.1 million during the same three month period last year.
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Legumex Walker Reports Q1 Loss
TORONTO - May 14/12 - SNS -- Legumex Walker Inc. (LWI) reported a loss of CDN $1.3 million on sales of $65.8 million for the first quarter ending March 31. The company did not exists during the same period last year.
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Legumex Walker Reports Q1 Loss
TORONTO - May 14/12 - SNS -- Legumex Walker Inc. (LWI) has appointed Bruce A. Scherr as an independent Chairman of the Board of Directors.
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General Mills Buys Yoki
NEW YORK - May 24/12 - SNS -- General Mills signed a definitive agreement to acquire Yoki Alimentos S.A., a privately-held food company headquartered in Sao Bernardo do Campo, Brazil.
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Sevita Seeds Gets $1.7 Million Subsidy
OTTAWA - May 25/12 - SNS -- Sevita International Corporation of Inkerman, Ontario has been given $1.7 million by Canada's federal government to buy new soybean processing equipment.
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Agrocorp Building Pulse Plant in Moose Jaw
VANCOUVER - May 30/12 - SNS -- Agrocorp International Pte Ltd. has founded Agrocorp Processing Ltd. to build a grain, oilseed and special crop cleaning and handling facility in Moose Jaw, Saskatchewan.
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