Corporate News Market News for May 2013

Viterra Transfers Assets

TORONTO - May 1/13 - SNS -- Viterra Inc. completed the transfer of assets to Richardson International Limited and Agrium Inc. The asset transfers were agreed to by Glencore International plc in order to gain government approval for its purchase of Viterra. . . . Continue or visitors click here

ADM Bids For GrainCorp

NEW YORK - May 2/13 - SNS -- Archer Daniels Midland Company is bidding A$12.20 per share for all outstanding common shares of Australia's GrainCorp Limited under the terms of the takeover bid implementation deed signed with GrainCorp last week. . . . Continue or visitors click here

AGT Adjusted Earnings Improve

TORONTO - May 13/13 - SNS -- Alliance Grain Traders Inc. (AGT) reported adjusted net earnings of $5.1 million on sales of $276.4 million for the first quarter ending March 31, compared to an adjusted net loss of $2,6 million on sales of $197.4 million during the same three month period last year. . . . Continue or visitors click here

Legumex Walker Posts Q1 Loss

TORONTO - May 15/13 - SNS -- Legumex Walker reported a net loss of $5.974 million on sales of $87.316 million for the first quarter ending March 31, compared to a net loss of $2.363 million on sales of $65.793 million during the same three-month period last year. . . . Continue or visitors click here

USDA Buys 3,550 MT Pulses

KANSAS CITY - May 15/13 - SNS -- The USDA's Commodity Credit Corporation office here confirmed the purchase of 3,550 metric tons (MT) of pulses for shipment as food aid. . . . Continue or visitors click here

Campbell Soup Gross Margins Slip

NEW YORK - May 20/13 - SNS -- Campbell Soup Company reported net earnings of U.S. $179 million on sales of $2,094 million during the third quarter ending April 28, compared to net earning of $175 million on sales of $1,821 million during the same three month period last year. . . . Continue or visitors click here