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Corporate market news for May 2007


ADM Profits Soar

NEW YORK - May 1/07 - SNS -- Archer Daniels Midland reported net earnings of U.S. $362.891 million on sales $11,381.2 million for the third quarter ending March 31, compared to a net of $347.796 on sales of $9,122.8 million during the same three month period last year. . . . Continue or visitors click here


Fresh Del Monte Profits Rise

NEW YORK - May 1/07 - SNS -- Fresh Del Monte Produce Inc. reported a net income of U.S. $51.6 million on sales of $836 million for the first quarter ending March 30, compared to a net of $16.5 million on sales of $840 million during the same three-month period last year. . . . Continue or visitors click here


Chiquita Reports Quarterly Loss

NEW YORK - May 1/07 - SNS -- Chiquita Brands International, Inc. reported a net loss of U.S. $3.4 million on sales of $1,192.4 million for the first quarter ending March 31, compared to a net profit of $19.5 million on sales of $1,153.7 million in the same three month period last year. . . . Continue or visitors click here


Agricore Mails JRI Bid to Shareholders

WINNIPEG - May 4/07 - SNS -- Agricore United is now mailing shareholders copies of the formal bid from James Richardson International (JRI) to take over the company, along with the board's recommendation the bid be accepted. . . . Continue or visitors click here


Dean Joins AgFusion

WINNIPEG - May 7/07 - SNS -- John Dean is joining the AgFusion division of Fusion Communications Group as its Strategic Director. . . . Continue or visitors click here


SWP Wins Agricore Bidding War?

WINNIPEG - May 9/07 - SNS -- Agricore United's board of directors threw their support today behind a revised bid for the company by the Saskatchewan Wheat Pool (SWP). . . . Continue or visitors click here


Noble Plays Where Puck Is

HONG KONG - May 10/07 - SNS -- Noble Group reported a net income of U.S. $43.817 million on revenues of $4,094.1 million for the three months ending March 31, compared to a net of $35.112 million on revenues of $2,791.2 million during the same three-month period last year. . . . Continue or visitors click here


Deere Profits Decline

NEW YORK - May 16/07 - SNS -- Deere and Company reported net income of U.S. $624 million on sales of $3,498 million for the second quarter ending April 30, compared to a net of $745 million on sales of $3,068 million during the same three-month period last year. . . . Continue or visitors click here


Higher Campbell Soup Profits

NEW YORK - May 21/07 - SNS -- Campbell Soup Company reported net earnings of U.S. $217 million on sales of $1,868 million for the third quarter ending April 29, compared to an after-tax net of $166 million on sales of $1.728 million during the same three-month period last year. . . . Continue or visitors click here


Bunge Declares Dividend

NEW YORK - May 25/07 - SNS -- Bunge Limited declared at 17 cent per share dividend, up from the previous dividend of 16 cents. . . . Continue or visitors click here


ADM Sells Agricore Interest

NEW YORK - May 25/07 - SNS -- Archer Daniels Midland Company has tendered all of the limited voting common shares of United Grain Growers Limited, doing business as Agricore United, that it beneficially owns or controls to the Saskatchewan Wheat Pool (SWP). . . . Continue or visitors click here


ABB Profits Decline

SYDNEY - May 28/07 - SNS -- ABB Grain Ltd reported an after tax profit of AUD$18.8 million on revenue of $625.1 for the six months ending March 31, compared to a net of $44.8 million on revenues of $580 million during the first half of the previous fiscal year. . . . Continue or visitors click here


SWP Buys Most Agricore Shares

WINNIPEG - May 29/07 - SNS -- The Saskatchewan Wheat Pool (SWP) has validly bought approximately 49.1 million limited voting common shares and approximately 545,193 Series A convertible preferred shares of Agricore United. . . . Continue or visitors click here


Robinson Heads Noble's Ethanol Business

NEW YORK - May 31/07 - SNS -- Noble Group appointed Theodore (Ted) Robinson as Executive Vice President and Head of its Clean Fuels and Petroleum Products Division, based in Stamford, CT, USA. . . . Continue or visitors click here


Heinz Dividends Declared

NEW YORK - May 31/07 - SNS -- The H. J. Heinz Company declared quarterly dividends on both common and preferred stock. . . . Continue or visitors click here


Heinz Net Income Rises

NEW YORK - May 31/07 - SNS -- The H. J. Heinz Company reported net income of U.S. $181 million on sales of $2,414.3 million for the three months ending May 2, compared to a net of $168 million on sales of $2,399.7 million during the fourth quarter of the previous fiscal year. . . . Continue or visitors click here



Articles are archived for the months:
2008:Jan | Feb | Mar | Apr | May | Jun | Jul |
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:Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |


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