Corporate market news for Nov 2006 ADM Declares DividendNEW YORK - Nov 3/06 - SNS -- Archer Daniels Midland Company declared a cash dividend of ten cents a share on the Company's stock. . . . Continue or visitors click here SunOpta Completes Hess Food Group BuyTORONTO - Nov 7/06 - SNS -- SunOpta Inc. completed the acquisition of all of the outstanding shares of Hess Food Group LLC of Chicago, Illinois. . . . Continue or visitors click here SWP Seeks Agricore MergerVANCOUVER - Nov 7/06 - SNS -- The Saskatchewan Wheat Pool (SWP) intends to make a formal offer for Agricore United's outstanding Limited Voting Common Shares, Series A Convertible Preferred Shares, and its Unsecured Subordinated Convertible Debentures. . . . Continue or visitors click here Agricore Urges Shareholders to Ignore SWPVANCOUVER - Nov 7/06 - SNS -- Until its board meets, Agricore United wants shareholders to ignore the Saskatchewan Wheat Pool's (SWP) unsolicited bid for all its outstanding Limited Voting Common Shares, Convertible Unsecured Subordinated Debentures (excluding debentures held by U.S. residents) and Series A Convertible Preferred Shares. . . . Continue or visitors click here Heinz Dividend DeclaredNEW YORK - Nov 8/06 - SNS -- The H. J. Heinz Company declared quarterly dividends on both common and preferred stock. . . . Continue or visitors click here Agricore Evaluates Hostile SWP BidWINNIPEG - Nov 10/06 - SNS -- Agricore United's directors appointed a special committee of independent directors to evaluate the hostile offer announced by Saskatchewan Wheat Pool Inc. (SWP) to acquire Agricore United in exchange for SWP shares. . . . Continue or visitors click here Tyson Reports Fourth Quarter LossNEW YORK - Nov 13/06 - SNS -- Tyson Foods, Inc. ended the fiscal year on a sour note, reporting a fourth quarter loss of U.S. $56 million on sales of $6,471 million for the period ending September 30, compared to a profit of $117 on sales of $6,495 million during the same three month period last year. . . . Continue or visitors click here Bunge Share OfferNEW YORK - Nov 13/06 - SNS -- Bunge Limited intends to make a public offering of cumulative convertible perpetual preference shares pursuant to a registration statement filed with the Securities and Exchange Commission. . . . Continue or visitors click here Campbell Soup DividendNEW YORK - Nov 16/06 - SNS -- Campbell Soup Company declared a regular quarterly dividend on its capital stock of $.20 per share. . . . Continue or visitors click here Heat Rises in Hostile Bid for AgricoreWINNIPEG - Nov 17/06 - SNS -- Agricore United turned up the heat in the public relations arena in its fight against an unsolicited or hostile bid for its outstanding shares by the Saskatchewan Wheat Pool (SWP). . . . Continue or visitors click here Campbell Profits Slip 3.8%NEW YORK - Nov 20-/06 - SNS -- Campbell Soup Company reported net earnings of U.S. $291 million on sales of 2,153 million during the first quarter ending October 20, compared to a net of $302 million on sales of 2,002 million during the same three-month period last year. . . . Continue or visitors click here ADM Expanding Oilseed CrushingNEW YORK - Nov 28/06 - SNS -- Archer Daniels Midland Company will increase its North American oilseed crushing capacity through expansions at oilseed crushing plants in the U.S. and Canada. . . . Continue or visitors click here AWB Seeks to Split CompanySYDNEY - Nov 28/06 - SNS -- The Australian wheat marketing board, AWB Limited, is seeking shareholder approval to split the company into separate companies -– a wholly grower owned Single Desk manager, and a purely commercial agri-business company. . . . Continue or visitors click here SWP Makes Offer to Agricore ShareholdersVANCOUVER - Nov 28/06 - SNS -- The Saskatchewan Wheat Pool is forging ahead with its hostile take-over bid of Agricore United. . . . Continue or visitors click here Agricore Says: Ignore SWP OfferWINNIPEG - Nov 29/06 - SNS -- Directors of Agricore United have told shareholders and debentureholders to ignore the Saskatchewan Wheat Pool's (SWP) offer to buy all its Outstanding Limited Voting Common Shares, Series A Convertible Preferred Shares, and Convertible Unsecured Subordinated Debentures. . . . Continue or visitors click here CN To Expand Capital SpendingTORONTO - Nov 29/06 - SNS -- CN Rail plans to boost capital spending 4% to CDN $1.6 billion next year. . . . Continue or visitors click here Agricore Narrows Fourth Quarter LossTORONTO - Nov 30/06 - SNS -- Agricore United reported a net loss of CDN $6.834 million on sales of $706.802 million during the fourth quarter ending October 31, compared to a loss of $12.995 million on sales of $565.894 million during the same three-month period last year. . . . Continue or visitors click here Agricore Redeeming DebenturesTORONTO - Nov 30/06 - SNS -- Agricore United will fully redeem its outstanding 9% convertible unsecured . . . Continue or visitors click here Heinz Net Income DropsNEW YORK - Nov 30/06 - SNS -- H.J. Heinz Company reported net income of U.S. $191.6 million on sales of $2,232.2 million during the second quarter ending November 1, compared to a net of $203.8 million on sales of $2,157 million during the same three-month period last year. . . . Continue or visitors click here
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