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Corporate market news for Nov 2005


Louisiana Sugar Plant Planned

NEW YORK - Nov 1/05 - SNS -- Cargill Sugar North America and Louisiana Sugar Cane Products, Inc., (LSCPI) plan to form a joint venture to construct and operate a million-ton-per-year sugar refinery at Cargill’s Terre Haute Marine Facility in Reserve, La. . . . Continue or visitors click here


SWP Creates FLC

TORONTO - Nov 3/05 - SNS -- The Saskatchewan Wheat Pool Inc. (SWP) announced the incorporation of the Western Farm Leadership Co-operative (FLC) to provide educational and training opportunities to producers. . . . Continue or visitors click here


ADM Dividend Declared

NEW YORK - Nov 4/05 - SNS -- Archer Daniels Midland Company declared a cash dividend of eight and one-half cents a share. . . . Continue or visitors click here


Bunge Expansion Targets Biofuel

NEW YORK - Nov 7/05 - SNS -- Bunge Europe will adapt its plant in Mannheim, Germany to be able to crush both soybeans and rapeseed, and increase overall capacity to around 1.3 million metric tons (MT). . . . Continue or visitors click here


Rentech Buys Royster-Clark Fertilizer Plant

NEW YORK - Nov 7/05 - SNS -- Rentech Development Corporation has agreed to buy all issued and outstanding shares of Royster-Clark Nitrogen, Inc., the owner of a 830-ton per day natural gas-fed nitrogen fertilizer plant in East Dubuque, Illinois. . . . Continue or visitors click here


Ford Joins Tyson Board

NEW YORK - Nov 7/05 - SNS -- Scott Ford, president and chief executive officer of ALLTEL, has been named to the board of directors of Tyson Foods, Inc. . . . Continue or visitors click here


Panayiotou Named Hershey VP

NEW YORK - Nov 7/05 - SNS -- The Hershey Company named Andrew J. Panayiotou Vice President, Innovation and Strategy, Snacks, effective November 7. . . . Continue or visitors click here


Brown Named AGP Ops Director

NEW YORK - Nov 8/05 - SNS -- Ag Processing Inc. named Doug Brown the cooperative's Director of Operations, overseeing grain facilities from North Dakota to Texas. . . . Continue or visitors click here


Agrium Bids for Royster-Clark

TORONTO - Nov 8/05 - SNS -- Agrium Inc. is making a $325-million all-cash take-over bid to purchase all of the outstanding Income Deposit Securities (Units) of Royster-Clark ULC and Royster-Clark Ltd. at a price of $10 per Unit. Royster-Clark is a major U.S. agricultural retail chain, with annual sales of over U.S.$1-billion. . . . Continue or visitors click here


Fresh Del Monte Produce Net Drops

NEW YORK - Nov 8/05 - SNS -- Fresh Del Monte Produce Inc. reported net income of U.S. $5.7 million on sales of $740.5 million for the quarter ending September 30, compared to a net of $13.7 million on sales of $610.4 million during last year's third quarter. . . . Continue or visitors click here


Cargill Building Ethanol Plant

NEW YORK - Nov 9/05 - SNS -- Cargill plans to more than double ethanol production capacity at its Blair, Nebraska corn-processing complex with the addition of a new 110-million-gallon-per-year plant. . . . Continue or visitors click here


Hot House Growers Profits Rise

TORONTO - Nov 9/05 - SNS -- Hot House Growers Income Fund reported net income of CDN $3,429,00 on sales of $25,075,000 during the third quarter ending September 30, compared to a net of $360,000 on sales of $18,000,000 during the same three-month period last year. . . . Continue or visitors click here


Kellogg Share Repurchase

NEW YORK - Nov 9/05 - SNS -- Kellogg Company has agreed to repurchase 9,371,567 of its shares from the W.K. Kellogg Foundation Trust for $400 million in a privately negotiated transaction. . . . Continue or visitors click here


Heinz Declares Dividends

NEW YORK - Nov 9/05 - SNS -- H.J. Heinz Company declared quarterly dividends on both common and preferred stock. . . . Continue or visitors click here


Heinz Elects Board Members

NEW YORK - Nov 11/05 - SNS -- The Board of H. J. Heinz Company has elected as directors John G. Drosdick and Dennis H. Reilley, effective December 1. . . . Continue or visitors click here


Idrovo Named President, Dole Worldwide Packaged Foods

NEW YORK - Nov 11/05 - SNS -- Dole Food Company, Inc. promoted Javier H. Idrovo to President, Dole Worldwide Packaged Foods, to succeed Peter M. Nolan, who earlier announced his retirement. . . . Continue or visitors click here


Queensland Cotton Reports Profit

SYDNEY - Nov 11/05 - SNS -- Queensland Cotton reported an after tax profit of AUD$3.7 million for the six months ending August 31 on $306 million in revenue. . . . Continue or visitors click here


JRI SWP Battle Separation Order

TORONTO - Nov 14/05 - SNS -- The Saskatchewan Wheat Pool Inc. (SWP) and James Richardson International Limited (JRI) will fight a Commissioner of Competition application to force them to end their joint venture in the port of Vancouver. . . . Continue or visitors click here


USDA Approves DuPont Bacteria Detection Technology

NEW YORK - Nov 15/05 - SNS -- The USDA's Food Safety and Inspection Service (FSIS) has started using a new E. coli O157:H7 detection test for raw beef inspections that was developed by DuPont Qualicon for the BAX system. . . . Continue or visitors click here


Rogers Interest Income Distribution

TORONTO - Nov 15/05 - SNS -- Rogers Sugar Income Fund announces that its Trustees have authorized a monthly distribution of $0.0334 per trust unit. . . . Continue or visitors click here


Danone Sells DS Waters to Kelso

LONDON - Nov 16/05 - SNS -- Groupe Danone has finalized the sale of DS Waters to investment fund Kelso. . . . Continue or visitors click here


Hay Barn Offers Free Listings

VANCOUVER - Nov 17/05 - SNS -- The Hay Barn web site (http://www.haybarn.com) is allowing ranchers in the southern United States and the Gulf coast region to place hay-wanted classified advertisements on their website free of charge. . . . Continue or visitors click here


Campbell Declares Dividend

NEW YORK - Nov 17/05 - SNS -- Campbell Soup Company declared a regular quarterly dividend on its capital stock of $.18 per share. . . . Continue or visitors click here


ADM Plans Cocoa Plant

NEW YORK - Nov 18/05 - SNS -- Archer Daniels Midland Company will build a new cocoa processing facility in the mid-Atlantic region of the United States. . . . Continue or visitors click here


Diouf Re-Elected FAO Director-General

ROME - Nov 19/05 - SNS -- Dr Jacques Diouf of Senegal was re-elected to a third six-year term as Director-General of the UN Food and Agriculture Organization (FAO). . . . Continue or visitors click here


PesiCo Buying Nuts Business

NEW YORK - Nov 22/05 - SNS -- PepsiCo plans to buy Sara Lee Corporation's European nuts business in the Netherlands, Belgium and France for Euro 130 million. . . . Continue or visitors click here


Heinz Q2 Profits Improve

NEW YORK - Nov 22/05 - SNS -- H.J. Heinz Company reported net income of U.S. $203.8 million on sales of $2,338.8 million during the second quarter ending October 26, compared to a net of $199 million on sales of $2,199.6 million during the same three month period last year. . . . Continue or visitors click here


John Deere Net Improves in Fiscal 2005

NEW YORK - Nov 22/05 - SNS -- Deere & Company reported net income of U.S. $233 million on sales of $5.177 million during the fourth quarter ending October 31, compared to a net of $357 million on sales of $5,207 million during the same three month period last year. . . . Continue or visitors click here


AWB Reports $157 M Profit

SYDNEY - Nov 22/05 - SNS -- The Australian wheat marketing board, AWB Limited, reported a net profit after tax of A$157.1 million for the year ending 30 September 2005. . . . Continue or visitors click here


AM Plans Polyols Plant

NEW YORK - Nov 23/05 - SNS -- Archer Daniels Midland Company plans to build a polyols facility that will utilize renewable carbohydrate-based and/or glycerol-based feedstocks. . . . Continue or visitors click here


CWB Exercises Car Purchase Option

WINNIPEG - Nov 25/05 - SNS -- The Canadian Wheat Board plans to exercise an option to purchase 1,660 rail grain hopper cars it is now leasing, says CWB Chief Operating Officer Ward Weisensel. . . . Continue or visitors click here


FAO Sets 2005-07 Budget Totals

ROME - Nov 26/05 - SNS -- The UN Food and Agriculture Organization's (FAO) governing conference voted in favor of a two-year budget appropriation of $765.7 million for its work in 2006-2007. . . . Continue or visitors click here


Egypt's GASC Has New President

NEW YORK - Nov 28/05 - SNS -- Egypt's Ministry of Supply and Home Trade appointed Said Mahmoud Youssef El Hefni as the new president of the General Authority for Supply Commodities (GASC) effective January. . . . Continue or visitors click here


ADM Names Millar to VP Position

NEW YORK - Nov 28/05 - SNS -- Archer Daniels Midland Company (ADM) named Doug Millar its Vice President-Product and Market Development for the Corn Processing, Natural Health and Nutrition, and Specialty Food Ingredients divisions. . . . Continue or visitors click here


ABB Records $36.2M Profit

SYDNEY - Nov 28/05 - SNS -- Australia's barley marketing board, recorded an A$36.2 million after tax profit for the year ending September 30, 2005. . . . Continue or visitors click here


Smithfield Profits Decline

NEW YORK - Nov 30/05 - SNS -- Smithfield Foods, Inc. reported net income of U.S. $51.6 million on sales of $2,901 million for the second quarter ending October 30, compared to a net of $58.4 million on sales of $2,719 million a year ago. . . . Continue or visitors click here


CN Completes Labor Negotiation Season

TORONTO - Nov 30/05 - SNS -- CN Rail said employees represented by the Algoma Central Association of Railway Unions have ratified a five-year labor contract covering 115 active employees in north-central Ontario. . . . 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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