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Corporate market news for Dec 2005


ConAgra Declares Dividend

NEW YORK - Dec 2/05 - SNS -- ConAgra Foods Inc. declared a dividend of $0.2725 per common share. . . . Continue or visitors click here


CN to Spend $1.5 Billion in 2006

TORONTO - Dec 2/05 - SNS -- Capital spending projects planned by CN Rail for 2006 total CDN $1.5 billion, up 9% from this year, says Hunter Harrison, president and chief executive officer of CN. . . . Continue or visitors click here


Leslie Named ABC GM

EDMONTON - Dec 6/05 - SNS -- The Alberta Barley Commission named R. Michael (Mike) Leslie as general manager of the Calgary-based organization effective immediately. . . . Continue or visitors click here


Chiquita Closes U.S. Plants

NEW YORK - Dec 6/05 - SNS -- Chiquita Brands International, Inc. will close processing facilities in Manteno, Ill., and Kansas City, Mo., by February 2006 as part of a supply chain optimization plan. . . . Continue or visitors click here


WCE Expands Delivery Points

WINNIPEG - Dec 6/05 - SNS -- The Winnipeg Commodity Exchange (WCE) added three companies as deliverable locations against futures contracts in western Canada. . . . Continue or visitors click here


Chiquita Declares Dividend

NEW YORK - Dec 7/05 - SNS -- Chiquita Brands International, Inc. declared a quarterly cash dividend of $0.10 per share on the company's outstanding shares of common stock. . . . Continue or visitors click here


New President for Cargill Canada

TORONTO - Dec 7/05 - SNS -- Cargill Limited named Len Penner its new president, succeeding Kerry Hawkins as head of the Canadian operations, based in Winnipeg, Manitoba. . . . Continue or visitors click here


CWB, China Opening Training Center

WINNIPEG - Dec 9/05 - SNS -- The Canadian Wheat Board (CWB) and China Cereals Oilseeds and Foodstuffs Corporation (COFCO) will open a training and technical center in Beijing. . . . Continue or visitors click here


Kellogg To Use Low Lin Soyoil

NEW YORK - Dec 10/05 - SNS -- Kellogg's decision to start using low linolenic soybeans for use in their food products in 2006 is welcome news to the Bunge DuPont Biotech Alliance. . . . Continue or visitors click here


SWP Reports Smaller Q1 Loss

VANCOUVER - Dec 13/05 - SNS -- The Saskatchewan Wheat Pool (SWP) reported a net loss of CDN $7,654,000 on gross revenue of $273.957 million during the first quarter ending October 1, an improvement on last year's opening quarter loss of $15.63 million on sales of $228.706 million. . . . Continue or visitors click here


Can-Oat Milling Expanding

VANCOUVER - Dec 13/05 - SNS -- Can-Oat Milling Inc. plans to add 50,000 metric tons (MT) of processing capacity to its oat plant in Portage la Prairie, Manitoba, bringing its total milling capacity to over 340,000 MT per year or 1.4 million pounds of finished oat ingredients per day. . . . Continue or visitors click here


Imperial Sugar Records Fiscal 2005 Loss

NEW YORK - Dec 14/05 - SNS -- Imperial Sugar Company reported a net loss of U.S. $20.282 million on sales of $226.551 million during the fourth quarter ending September 30, compared to a profit of $5.491 million during the same three-month period last year. . . . Continue or visitors click here


EU Probes Cargill, Degussa Deal

BRUSSELS - Dec 14/05 - SNS -- The proposed sale of Germany's Degussa AG's food ingredients business to U.S.-based Cargill will be the subject of an in-depth investigation by the European Commission. . . . Continue or visitors click here


BioFuels Builds Ethanol Plant

NEW YORK - Dec 14/05 - SNS -- BioFuels Solutions plans to build a 110 million-gallon-per-year ethanol plant in Wood River, Nebraska, about 100 miles west of Lincoln. . . . Continue or visitors click here


Bunge Declares Dividend

NEW YORK - Dec 14/05 - SNS -- Bunge Limited declared a regular quarterly cash dividend of $0.15 per share. . . . Continue or visitors click here


Agricore United Posts Q4 Loss

TORONTO - Dec 15/05 - SNS -- Agricore United reported a net loss of CDN $12.995 million on revenues of $565.894 million during the fourth quarter ending October 31, compared to a loss of $23.14 million on sales of $612.408 million during the same threemonth period last year. . . . Continue or visitors click here


WCE Names 2006 Board

WINNIPEG - Dec 15/05 - SNS -- WCE Holdings Inc. elected the Board of Directors for 2006 at yesterday's annual meeting. . . . Continue or visitors click here


Agricore Declares Dividend

TORONTO - Dec 15/05 - SNS -- Agricore United declared a quarterly dividend of $0.03 per share on the Limited Voting . . . Continue or visitors click here


WCE Reports Daily Record

WINNIPEG - Dec 15/05 - SNS -- The Winnipeg Commodity Exchange (WCE) recorded its highest daily volume today since converting to an electronic trading platform on December 20, 2004. . . . Continue or visitors click here


Chiquita Banana Volumes, Prices Up

NEW YORK - Dec 15/05 - SNS -- Chiquita Brands International, Inc. said the average price it earned for bananas sold during the first two months of the fourth quarter of its 2005 fiscal year were up, as was the volume of bananas sold. . . . Continue or visitors click here


Farm Bureau Mutual to Buy Crop1

NEW YORK - Dec 15/05 - SNS -- Farm Bureau Mutual Insurance Company signed a letter of intent to purchase Des Moines-based Crop1 Insurance in early 2006. . . . Continue or visitors click here


Smit President of Chiquita Fresh Group

NEW YORK - Dec 16/05 - SNS -- Chiquita Brands International, Inc. named Peter F. Smit, as president, Chiquita Fresh Group - Asia-Pacific and Middle East. . . . Continue or visitors click here


Agricore United Buys Mattinson

WINNIPEG - Dec 16/05 - SNS -- Agricore United bought the key assets of Mattinson Farm Services Ltd. (MFS), a full service crop production business in Viking, Alberta with an expected closing date of December 23, 2005. . . . Continue or visitors click here


Moran Named Heinz VP

NEW YORK - Dec 20/05 - SNS -- H.J. Heinz Company promoted David C. Moran, to Executive Vice President of the worldwide food marketer. Moran also serves as CEO and President, U.S. Consumer Products. . . . Continue or visitors click here



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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:Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |


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