STAT Corporate NewsAgNews that matters for growers processors and tradersGeneral Mills' Fiscal Year Profits Rise- (Found July 2, 2008 ) NEW YORK - Jun 2508 - SNS -- General Mills reported net earnings of U.S. $185.2 million on sales of $3,471.1 million during the fourth quarter ending May 25, compared to a net of $224.1 million on sales of $3,060.9 million during the same three month period last year.http://www.statpub.com/stat/open/323460.phtml Del Monte Fresh Back in Black- (Found July 2, 2008 ) NEW YORK - Feb 2608 - 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.http://www.statpub.com/stat/open/303194.phtml Heinz Profits Soften- (Found July 2, 2008 ) NEW YORK - Feb 2608 - 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.http://www.statpub.com/stat/open/303195.phtml Bunge Overstated Net Sales- (Found July 2, 2008 ) NEW YORK - Mar 308 - SNS -- Bunge Limited said it overstated net sales and cost of goods sold in its 2007 unaudited quarterly financial statements.http://www.statpub.com/stat/open/304243.phtml Viterra Records Q1 Profit- (Found July 2, 2008 ) REGINA - Mar 1208 - 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.http://www.statpub.com/stat/open/305847.phtml General Mills Net Earnings Leap 60%- (Found July 2, 2008 ) NEW YORK - Mar 1908 - 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.http://www.statpub.com/stat/open/306926.phtml ConAgra Selling Trading Operations- (Found July 2, 2008 ) NEW YORK - Mar 2708 - 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.http://www.statpub.com/stat/open/308199.phtml Viterra Securs Credit Line- (Found July 2, 2008 ) REGINA, SASKATCHEWAN -- Viterra Inc. successfully completed a $400 million, five-year term credit facility, underwritten by TD Securities, with GE Corporate Lending Canada and GE Capital Markets acting as co-lead arrangers. The transaction was oversubscribed and includes eleven banks in the syndicate.http://www.statpub.com/stat/open/316611.phtml Alberta's First Meadery- (Found July 2, 2008 ) EDMONTON - Jun 208 - PR -- Chinook Arch Meadery held a ribbon cutting ceremony in celebration of their Grand Opening on May 23, 2008. Alberta's Agriculture and Rural Development Minister George Groeneveld, Assistant Deputy Minister of Tourism Bob Scott and MD of Foothills Reeve Roy McLean were in attendance to recognize the joint benefits of this new enterprise. Also present were the many fans of this unique beverage who have been waiting patiently for its release in Alberta.http://www.statpub.com/stat/open/319471.phtml Viterra Earnings Jump- (Found July 2, 2008 ) REGINA - Jun 1108 - SNS -- Viterra reported net earnings of CDN $33.563 million on sales of $1,525.377 million during the second quarter ending April 30, compared to a net of $9.183 million on sales of $401.46 million during the same three month period last year.http://www.statpub.com/stat/open/321077.phtml |