US Farms, Inc. Provides Facilities Update in Regards to Recent Southern California Firestorm and Bunge Reports Third Quarter Net Income of $351 Million
City of Industry, CA --(www.USEquityNews.com)-- 10/26/2007 - Farm Products industry alert provided by U.S. Equity News. US Farms, Inc. (OTC BB:USFI), a diversified commercial Farming and Nursery Company, recently commented on the impact the recent firestorms in Southern California has had on current operations: Yan Skwara, President and Chief Executive Officer, US Farms, Inc. stated, "Management has been monitoring the Southern California Firestorm and has determined that the assets of US Farms, Inc., including inventory, warehouse and greenhouse facilities, and offices as listed below are safe from the fire and out of its path of destruction at this time."
Monsanto Company (NYSE: MON) recently announced that its Board of Directors has designated Wednesday, Jan. 16, 2008 as the date of the next annual meeting of shareowners. Monsanto's annual meeting will be held at the company's headquarters facility in suburban St. Louis. Additional meeting details will be included in the company's proxy statement, which will be mailed in early December. The record date for Monsanto's 2008 annual meeting of shareowners is Monday, Nov. 19, 2007.
Alberto Weisser, Chairman and Chief Executive Officer stated, "Bunge's (NYSE: BG) third-quarter results were exceptional. Agribusiness operations improved across the board, and fertilizer continued to perform strongly. "In the third quarter, our oilseed processing, grain origination and distribution businesses performed well across a variety of regions and commodities."
A director of egg producer Cal-Maine Foods Inc. (Nasdaq:CALM) sold 5,000 shares of common stock, according to a Securities and Exchange Commission filing. In a recent Form 4 filed with the SEC, Richard K. Looper reported he sold the shares Monday for $23.23 to $23.42 apiece. Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
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