Jamba Shares Rise on Nestle Drink Pact and SunOpta Announces Secondary Share Offering

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City of Industry, CA --(www.USEquityNews.com)-- 12/05/2007 - Consumer Goods industry alert provided by U.S. Equity News. Shares of Jamba Inc. (NASDAQ: JMBA), the maker of Jamba Juice drinks, climbed recently after the company said it signed an agreement to develop juices and smoothies with Nestle SA. Jamba said it will launch the ready-to-drink products, Smoothies and Juicies, during the second quarter of 2008, and shares rose 65 cents, or 19.2 percent, to $4.04 in afternoon trading. Merriman Curhan Ford & Co. analyst Robert D. Straus said Nestle will start by making and distributing six Jamba items, but the deal could expand from there.


Smart Balance Inc. (NASDAQ: SMBL) recently issued additional historical financial information to support investors' review of the Company's performance. The Company had indicated in its quarterly earnings releases for the Second and Third Quarters of 2007 that its GAAP financial information includes the results of its recent acquisition of GFA Brands, Inc. (GFA) (the operating company acquired by Smart Balance Inc. on May 21, 2007) from May 21, 2007 and therefore were not necessarily comparable for the prior periods presented in those releases. Accordingly, the Company decided to present historical periods on an "operating basis" which excluded the operating expenses of the parent company prior to the acquisition of GFA and included only the operating results of GFA in periods prior to the date of acquisition.

SunOpta Inc. (NASDAQ:STKL) announced recently a public offering by Stephen R. Bronfman, SRB Belvedere Trust and The Charles R. Bronfman Trust (collectively, the ``Selling Shareholders'') of all of their 5,080,532 common shares of SunOpta. The Company confirmed that it will not receive any proceeds from the offering and that it has entered into an underwriting agreement at the request of the Selling Shareholders. The sole underwriter for this offering is BMO Capital Markets Corp.

NutraCea (OTCBB: NTRZ) a world leader in stabilized rice bran (SRB) nutrient research and technology announced recently financial results for the third quarter and nine months ended September 30, 2007. The Company reported consolidated net revenues of $1.5 million for the third quarter of 2007 compared to net revenues of $4.9 million for third quarter 2006, a decrease of $3.4 million. Gross product sales were reported at $3 million, excluding a product sales return of $1.5 million.

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