Corporate News Market News for November 2010

Alliance Buys Poortman

TORONTO - Nov 2/10 - SNS -- Canada's Alliance Grain Traders Inc. has paid £8.3 million (pounds sterling) or about U.S. $13.3 million to purchase the assets of A. Poortman (London) Ltd. Group. . . . Continue or visitors click here

Chiquita Reports $7M Quarterly Loss

NEW YORK - Nov 2/10 - SNS -- Chiquita Brands International, Inc. reported a loss of $8 million on sales of $730 million for the third quarter ending September 30, compared to a profit of $5 million on sales of $797 million during the same three month period last year. . . . Continue or visitors click here

MGP Ingredients Profits Rise

NEW YORK - Nov 10/10 - SNS -- MGP Ingredients, Inc. reported net income of $5,002,000 on sales of $56.978 million for the first quarter ending September 30, compared to a net income of $3,738,000 on sales of $50.249 million during the same three month period last year. . . . Continue or visitors click here

Heinz Dividends Declared

NEW YORK - Nov 10/10 - SNS -- H.J. Heinz Company declared quarterly dividends on both common and preferred stock. . . . Continue or visitors click here

Alliance Grain Profit Jumps

TORONTO - Nov 15/10 - SNS -- Alliance Grain Traders Inc. reported a net profit of CDN $6,198,321 on sales of $137,559,400 for the third quarter ending September 30, compared to a net profit of $4.54 million on sales of $73.32 million during the same three month period last year. . . . Continue or visitors click here