Corporate market news for Oct 2005 Chiquita Names Holland To Human ResourcesNEW YORK - Oct 4.05 - SNS -- Chiquita Brands International, Inc. named Kevin R. Holland senior vice president of human resources. . . . Continue or visitors click here Cargill Inks Corn Supply AgreementNEW YORK - Oct 4/05 - SNS -- Illinois River Energy LLC signed an exclusive agreement with Cargill for corn origination, energy and price risk management services for a 50-million-gallon-per-year ethanol plant being built in Rochelle Illinois. . . . Continue or visitors click here Hershey President Named to McCormick BoardNEW YORK - Oct 4/05 - SNS -- John P. Bilbrey, Senior Vice President of The Hershey Company and President of Hershey International, will join the Board of Directors of McCormick & Company, Incorporated, on November 22, 2005. . . . Continue or visitors click here Hershey Declares DividendNEW YORK - Oct 4/05 - SNS -- The Hershey Company declared quarterly dividends of $.245 on the Common Stock and $.22 on the Class B Common Stock. . . . Continue or visitors click here ADM Building Biodiesel PlantsNEW YORK - Oct 4/05 - SNS -- Archer Daniels Midland Company plans to build biodiesel production facilities in Velva, North Dakota and Mainz, Germany. . . . Continue or visitors click here Fresh Del Monte DividendNEW YORK - Oct 5/05 - SNS -- Fresh Del Monte Produce Inc. declared the regular quarterly cash dividend of twenty cents ($0.20) per share. . . . Continue or visitors click here Lakeside Files Against UnionEDMONTON - Oct 5/05 - SNS -- Lakeside Packers will ask the Alberta Labour Board permission to allow workers at its Brooks beef plant to vote on the company's latest contract offer. The move is in reaction to a decision by union officials to reject the company's proposal and instead issue a strike notice. . . . Continue or visitors click here USDA names Peanut Board AlternateWASHINGTON - Oct 6/05 - SNS -- The USDA named one alternate member to serve on the U.S. Department of Agriculture's National Peanut Board. . . . Continue or visitors click here Bunge Diester Biodiesel Joint VentureNEW YORK - Oct 6/05 - SNS -- Bunge Limited's European subsidiary, KBBV, and Diester Industrie received approval from the European Commission to create a joint venture specializing in the production and marketing of biodiesel (vegetable oil methyl ester). The new company will be called Diester Industrie International (DII). . . . Continue or visitors click here Joe White Closes Wendouree Malt PlantSYDNEY - Oct 7/05 - SNS -- ABB Grain Ltd subsidiary Joe White Maltings will close its Wendouree malt production plant at Ballarat on December 1. . . . Continue or visitors click here Hasler Joins Chiquita BoardNEW YORK - Oct 11/05 - SNS -- Chiquita Brands International, Inc. says Dr. Clare M. Hasler, 48, has joined its board of directors. . . . Continue or visitors click here AGP Processing Vistive SoybeansNEW YORK - Oct 11/05 - SNS -- Ag Processing Inc. (AGP) will be a participating processor of Monsanto's Vistive low linolenic soybeans again in 2006 and will market Vistive oil for use by the food industry. . . . Continue or visitors click here Bunge Declares DividendNEW YORK - Oct 11/05 - SNS -- Bunge Limited declared a regular quarterly cash dividend of $0.15 per share. . . . Continue or visitors click here Idrovo is President Dole Worldwide Packaged FoodsNEW YORK - Oct 11/05 - SNS -- Dole Food Company, Inc., named Javier H. Idrovo its new President, Dole Worldwide Packaged Foods, to succeed Peter M. Nolan, who earlier announced his retirement after 13 years with Dole. . . . Continue or visitors click here SWP Q4 Profits Up 2.7%TORONTO - Oct 13/05 - SNS -- Saskatchewan Wheat Pool Inc. reported net earnings of CDN $29.528 million on sales of $546.725 million during the fourth quarter ending July 31, compared to a net of $28.755 million on sales of $542.488 million during the same three month period last year. . . . Continue or visitors click here O'Hara Named Heinz Executive Vice PresidentNEW YORK - Oct 14/05 - SNS -- H. J. Heinz Company named Scott O'Hara to the newly created position of Executive Vice President - Asia Pacific and Rest of the World, effective January 1. . . . Continue or visitors click here Cargill Profits Rise 2%NEW YORK - Oct 14/05 - SNS -- Cargill reported net earnings of $504 million for the 2006 first quarter ended Aug. 31, up 2% from $495 million a year ago. . . . Continue or visitors click here Rogers Sugar Fund DistributionTORONTO - Oct 14/05 - SNS -- Rogers Sugar Income Fund authorized a monthly distribution of $0.0334 per trust unit. . . . Continue or visitors click here Imperial Sugar DividendNEW YORK - Oct 17/05 - SNS -- Imperial Sugar Company declared a special dividend of $2.50 per share of common stock. . . . Continue or visitors click here Danone Enters Egypt, AlgeriaLONDON - Oct 18/05 - SNS -- Groupe Danone is buying Egypt's Olait, a maker of plain and fruit-flavored yogurts and dairy desserts. . . . Continue or visitors click here Alber Named Heinz Vice President and CIONEW YORK - Oct 18/05 - SNS -- H.J. Heinz Company named Karen L. Alber its new Vice President and Chief Information Officer. . . . Continue or visitors click here Danone Sales IncreaseLONDON - Oct 19/05 - SNS -- Groupe Danone reports total sales increased 7.1% in the third quarter of the current fiscal year, lifting year to date sales 6.7% above last year at Euros 9,853 million. . . . Continue or visitors click here CBOT Makes Initial Stock OfferingCHICAGO - Oct 19/05 - SNS -- CBOT Holdings, Inc., holding company for the Chicago Board of Trade, is making the initial public offering of 3,191,489 shares of Class A common stock at a price of $54.00 per share. . . . Continue or visitors click here Balyck Named AUSVEG CEOSYDNEY - Oct 20/05 - SNS -- The Australian Vegetable Growers Federation (AUSVEG) named George Balyck its new Chief Executive Officer. . . . Continue or visitors click here Andersons Locate Indiana Ethanol PlantNEW YORK - Oct 20/05 - SNS -- The Andersons, Inc. selected Clymers, Indiana as the site for its proposed new corn ethanol plant with the support and assistance of the state of Indiana through the Indiana Economic Development Corporation (IEDC) and CassCounty. . . . Continue or visitors click here Nestle Sales RiseNEW YORK - Oct 20/05 - SNS -- Nestle Group reported consolidated sales of CHF 67.7 billion during the first nine months of 2005. . . . Continue or visitors click here Cargill Buys Wisconsin ElevatorNEW YORK - Oct 21/05 - SNS -- Cargill AgHorizons signed a letter of intent with the Wiegel Group to buy the Wiegel grain elevator in Shullsburg, Wis. . . . Continue or visitors click here Land O'Lakes Profits on MendNEW YORK - Oct 24/05 - SNS -- Land O'Lakes, Inc. reported net earnings of U.S. $80.4 million on sales of $1.7 billion during the third quarter, compared to a loss of $29.9 million on sales of $1.8 billion during the same quarter last year. . . . Continue or visitors click here USDA Names Avocado Board MembersWASHINGTON - Oct 24/05 - SNS -- The USDA named three producer members, three alternate producer members, and two importer members to serve on the Hass Avocado Board. . . . Continue or visitors click here CNH Q3 Net Income RisesNEW YORK - Oct 25/05 - SNS -- CNH Global N.V. reported net income of U.S. $27 million on revenue of $2,768 million in the quarter ending September 30, compared to a net of $25 million on revenue of $2,789 million during the third quarter of the previous fiscal year. . . . Continue or visitors click here Imperial Sugar DividendNEW YORK - Oct 25/05 - SNS -- Imperial Sugar Company declared a regular quarterly cash dividend of $0.05 per share. . . . Continue or visitors click here Heinz Purchase of HP Foods Under ReviewLONDON - Oct 26/05 - SNS -- The UK Office of Fair Trading has referred The H.J. Heinz Company's pending acquisition of the HP Foods Group to the Competition Commission for further review. . . . Continue or visitors click here GS Dunn in Creditor ProtectionVANCOUVER - Oct 26/05 - SNS -- G.S. Dunn & Co. Limited has been granted protection under Canada's Companies' Creditors Arrangement Act (CCAA) in an effort to prevent from the company from entering bankruptcy. . . . Continue or visitors click here Bunge Q3 Net Income DropsNEW YORK - Oct 27/05 - SNS -- Bunge Limited reported net income of U.S. $170 million on sales of $6,226 million during the third quarter ending September 30, compared to a net of $182 million on sales of $6,560 million during the same three month period last year. . . . Continue or visitors click here Monsanto-Solae AgreementNEW YORK - Oct 27/05 - SNS -- Monsanto and The Solae Company will work together to create a new line of soy proteins with improved flavor and solubility. . . . Continue or visitors click here ADM Profits Slump 31%NEW YORK - Oct 28/05 - SNS -- Archer Daniels Midland reported pretax earnings of U.S. $273.7 million on sales of $8,626.9 million during the first quarter ending September 30, compared to pretax earnings of $395.9 million on sales of $8,972.1 million during the same three month period last year. . . . Continue or visitors click here
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