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Corporate market news for Oct 2006


WCE Trading Volumes Continues Rising

WINNIPEG - Oct 2/06 - SNS -- Trading volume at the Winnipeg Commodity Exchange continues to rise, with September managing the board's 16th consecutive monthly increase when compared to the previous year. . . . Continue or visitors click here


Smithfield Buys ConAgra's Branded Meats

NEW YORK - Oct 3/06 - SNS -- Smithfield Foods, Inc. completed its acquisition of the assets of the branded meats business of ConAgra Foods, Inc. for $571 million in cash, subject to certain post-closing adjustments. . . . Continue or visitors click here


Organizational Changes at Chiquita

NEW YORK - Oct 4/06 - SNS -- Chiquita Brands International, Inc. is making several organizational changes as part of its effort to "foster further innovation and growth in its key product segments, bananas and value-added salads, as well as leverage cold-chain management as a core global capability." . . . Continue or visitors click here


ADM Settles With EPA

NEW YORK - Oct 5/06 - SNS -- Archer Daniels Midland Co. will pay an estimated $1.345 million to upgrade its grain processing plant at 4666 Faries Parkway, Decatur, Ill. under a settlement reached with the U.S. Environmental Protection Agency Region 5. . . . Continue or visitors click here


Jeffries U.S. Sales Head for Columbia Seeds

NEW YORK - Oct 10/06 - SNS -- Columbia Seeds, LLC named Ryan Jeffries its National Sales Manager, responsible for nationwide sales and marketing. . . . Continue or visitors click here


Del Monte Produce Dividend

NEW YORK - Oct 11/06 - SNS -- Fresh Del Monte Produce Inc. declared the regular quarterly cash dividend of five cents ($0.05) per share. . . . Continue or visitors click here


Cargill Pursues Glycerin Commercialization

NEW YORK - Oct 11/06 - SNS -- Cargill is creating a new company to commercialize glycerin -- an abundant, low cost co-product of biodiesel production -- as feedstock for a platform of biobased products, beginning with renewable propylene glycol (PG). . . . Continue or visitors click here


Cargill Net Slips

NEW YORK - Oct 12/06 - SNS -- Net Earnings reported by Cargill slipped U.S. $4 million to $500 million for first quarter of the 2007 fiscal year ending August 31. . . . Continue or visitors click here


SWP Reports Small Annual Profit

REGINA - Oct 12/06 - SNS -- The Saskatchewan Wheat Pool (SWP) reported net earnings of CDN $13.5 million gross revenue of $602.1 million during the fourth quarter ending July 31, compared to a net of $29.5 million on revenues of $546.7 million during the same three month period last year. . . . Continue or visitors click here


Noble Buys Chinese Crushers

HONG KONG - Oct 16/06 - SNS -- Noble Group signed an agreement to purchase two soybean processing facilities in mainland China for around U.S. $18 million. The sale is expected to close this year. . . . Continue or visitors click here


SWP Pension Offer Rejected

SASKATOON - Oct 17/06 - SNS -- The Grain Services Union (GSU) executive have rejected the Saskatchewan Pool's (SWP) offer to deal with the company's pension plan deficiency. . . . Continue or visitors click here


Bunge Dividend Declared

NEW YORK - Oct 18/06 - SNS -- Bunge Limited declared a regular quarterly cash dividend of $0.16 per share. . . . Continue or visitors click here


Imperial Sugar Dividend

NEW YORK - Oct 20/06 - SNS -- Imperial Sugar Company declared a regular quarterly cash dividend of $0.06 per share. . . . Continue or visitors click here


CPR Quarterly Net Drops

TORONTO - Oct 24/06 - SNS -- Canadian Pacific Railway (CPR) reported a net income of CDN $161.7 million on revenues of $1,151.3 million for the third quarter ending September 30, compared to a net of $203.6 million on revenue of $1,104.7 million the same three month period last year. . . . Continue or visitors click here


Bunge's 3Q Profit Little Changed

NEW YORK - Oct 26/06 - SNS -- Bunge Limited reported a net income of U.S. $169 million on net sales of $6,965 million for the third quarter ending September 30, compared to a net of $170 million on $6,248 million during the same three-month period lastyear. . . . Continue or visitors click here



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