Corporate Market News ConAgra Selling Trading OperationsNEW YORK - Mar 27/08 - SNS -- ConAgra Inc. will sell its ConAgra Trade Group trading and merchandising operations to the Ospraie Special Opportunities fund and other investors for U.S. $2.1 billion, subject to certain adjustments. ConAgra Trade Group will be renamed Gavilon LLC upon completion of the sale. . . . Continue or visitors click here General Mills Net Earnings Leap 60%NEW YORK - Mar 19/08 - SNS -- General Mills reported net earnings of U.S. $430.1 million on sales of $3,405.6 million for the third quarter ending February 24, compared to a net of $267.5 million on sales of $3,053.6 million during the same three monthperiod last year. . . . Continue or visitors click here Viterra Records Q1 ProfitREGINA - Mar 12/08 - SNS -- Viterra reported net earnings of CDN $41.217 million on sales of $1,317.142 million for the first quarter ending January 31, compared to a net of $7.935 million on sales of $447.623 million during the same three month periodlast year. . . . Continue or visitors click here Bunge Overstated Net SalesNEW YORK - Mar 3/08 - SNS -- Bunge Limited said it overstated net sales and cost of goods sold in its 2007 unaudited quarterly financial statements. . . . Continue or visitors click here Heinz Profits SoftenNEW YORK - Feb 26/08 - SNS -- H. J. Heinz Company reported net income of U.S. $218.5 million on sales of $2,610.9 million during the third quarter ending January 30, compared to a net of $219 million on sales of $2,295.2 million during the same three month period last year. . . . Continue or visitors click here Del Monte Fresh Back in BlackNEW YORK - Feb 26/08 - SNS -- Fresh Del Monte Produce Inc. reported net income of U.S. $34.4 million on sales of $848.2 million during the fourth quarter ending December 28, compared to a loss of $58.8 million on sales of $737.5 million during the samethree month period the previous year. . . . Continue or visitors click here Noble Reports Record ProfitsNEW YORK - Feb 26/08 - SNS -- Noble Group reported a net profit of U.S. $258.1 million on revenues of $23,497 million for the 2007 fiscal year ending December 31, compared to a net of $134.5 million on sales of $13,765 million the previous fiscal year. . . . Continue or visitors click here Campbell Reports Q2 ProfitNEW YORK - Feb 15/08 - SNS -- Campbell Soup Company reported net earnings of $274 million on sales of $2,218 million for the second quarter ending for the quarter ended January 27, compared to a net of $285 million last year. . . . Continue or visitors click here Viterra Buys Sunrise FeedsREGINA - Feb 14/08 - SNS -- Viterra's wholly owned Unifeed Hi-Pro Inc. subsidiary is buying Sunrise Feed, LLC of Cheyenne and Elk City, Oklahoma. . . . Continue or visitors click here Daetwyler Head's Noble's Asia DivisionHONG KONG - Feb 11/08 - SNS -- Noble Group Limited named Thomas Daetwyler Regional Director Grain Asia Pacific. . . . Continue or visitors click here Imperial Sugar Profits DropNEW YORK - Jan 29/08 - SNS -- Imperial Sugar Company reported a net income of U.,S. $12.3 million on sales of $215.5 million for the first quarter ending December 31, compared to a net of $15.7 million on sales of $227 million during the same three-month period last year. . . . Continue or visitors click here Viterra Appoints New CFOREGINA - Jan 24/08 - SNS -- Viterra appointed Rex J. McLennan its new Chief Financial Officer effective February 4. . . . Continue or visitors click here Cadbury Sells UK Popcorn BusinessNEW YORK - Jan 21/08 - SNS -- Cadbury Schweppes has agreed to sell its Monkhill popcorn and confectionary business in the United Kingdom to Tangerine Confectionery. . . . Continue or visitors click here Viterra ReportsREGINA - Jan 18/08 - SNS -- Viterra reported net earnings of $111.2 million on sales of $3,535 million for the fiscal year ending October 31, compared to a net of $3.1 million on sales of $1,643 million the previous fiscal year. The jump in sales reflects the combined results for the former Saskatchewan Wheat Pool and Agricore United. . . . Continue or visitors click here Cargill Profits SurgeNEW YORK - Jan 15/08 - SNS -- Cargill reported net earnings of U.S. $954 million in the second quarter ending November 30, compared to $662 million during the same three month period last year. . . . Continue or visitors click here Historic WCE Name DroppedWINNIPEG - Jan 2/08 - SNS -- The Winnipeg Commodity Exchange (WCE) no longer exists now that Intercontinental Exchange has changed the subsidiary's name to ICE Futures Canada. . . . Continue or visitors click here Cargill Closing Cut Knife ElevatorSASKATOON - Dec 20/07 - SNS -- Cargill Limited will discontinue operations at its Cut Knife, Saskatchewan, farm service centre, effective Dec. 31, 2007. . . . Continue or visitors click here General Mills Net Inches UpNEW YORK - Dec 19/07 - SNS -- General Mills reported net earnings of U,.S. $390.5 million on sales of $3,703.4 million for the second quarter ending November 30, compared to a net of $385.4 million on sales of $3,446.6 million during the same three month period last year. . . . Continue or visitors click here Bunge Dividends DeclaredNEW YORK - Dec 14/07 - SNS -- Bunge Limited declared a regular quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on February 29, 2008 to shareholders of record on February 15, 2008. . . . Continue or visitors click here Viterra Names Agri-Products VPREGINA - Dec 12/07 - SNS -- Viterra named Doug Wonnacott its Senior Vice President, Agri-products, based in Regina, Saskatchewan, effective December 17. He replaces Doug Weinbender, who retired earlier this year. . . . Continue or visitors click here Imperial Sugar Profits DeclineNEW YORK - Dec 10/07 - SNS -- Imperial Sugar Company reported a net income of U,S. $8.234 million on sales of $219.563 million for the fourth quarter ending September 30, compared to a net of $15.731 million on sales of $240.279 million during the samethree month period last year. . . . Continue or visitors click here Can Pro Adds Canola to Dehy PlantREGINA - Dec 5/07 - SaskAg -- Can Pro Ingredients Ltd. Of Arborfield is currently taking the necessary steps to establish the first commercial implementation of a new canola processing technology. The technology was made possible through acquisitions deemed a natural fit for the company. . . . Continue or visitors click here WCE Sets November Volume RecordWINNIPEG - Dec 4/07 - SNS -- Trading volume on the Winnipeg Commodity Exchange (WCE) set a new record for the month of November with 281,961 contracts exchanging hands. The previous record for November volume was set in 2000 when a total of 231,224 futures and options contracts were traded. . . . Continue or visitors click here Campbell Soup DividendNEW YORK - Nov 16/07 - SNS -- Campbell Soup Company declared a regular quarterly dividend on its capital stock. . . . Continue or visitors click here Heinz Declares DividendNEW YORK - Nov 14/07 - SNS -- H. J. Heinz Company declared quarterly dividends on both common and preferred stock. . . . Continue or visitors click here
Articles are archived for the months: 2008:Jan | Feb | Mar | Apr | May | 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:Oct | Nov | Dec |
|