Chiquita Brands Narrows 3rd-Quarter Loss and Fresh Del Monte Announces Pricing of Ordinary Shares in Primary/Secondary Offering
City of Industry, CA --(www.USEquityNews.com)-- 11/09/2007 - Farm Products industry alert provided by U.S. Equity News. Fruit and salad distributor Chiquita Brands International Inc. (NYSE: CQB) said recently its third-quarter loss narrowed due to a lower one-time charges and higher pricing. The company reported a loss of $28.2 million, or 66 cents per share, compared with a loss of $96.4 million, or $2.29 per share, in the 2006 period. Results include a charge of $4 million, or 9 cents per share, related to previously announced downsizing of its Chile operations.
Bunge Limited (NYSE: BG) recently announced that Chairman and CEO Alberto Weisser and CFO Jacqualyn Fouse will address the Morgan Stanley Global Consumer & Retail Conference in New York City on Tuesday, November 13, 2007, at 11:35 a.m. Bunge Limited (www.Bunge.com) is a leading global agribusiness and food company founded in 1818 and headquartered in White Plains, New York. Bunge's over 22,000 employees in over 30 countries enhance lives by improving the global agribusiness and food production chain.
Fresh Del Monte Produce Inc. (NYSE: FDP), announced recently the pricing of the public offering of 10,000,000 ordinary shares (resized from an initially offered 12,000,000 ordinary shares). The offering price was set at the ordinary share’s closing price on the New York Stock Exchange recently, $28.97 per share. The offering is expected to close on November 13, 2007.
Yan K. Skwara, Chief Executive Officer of US Farms, Inc. (OTCBB: USFI) (www.usfarmsinc.com), will be featured in an exclusive interview with www.wallst.net scheduled for Nov 5, 2007 at 1:00 p.m. PT. The interview will be posted on www.wallst.net shortly after the interview is concluded. The interview will cover topics including US Farms' market potential, growth initiatives, competitive edge, recent news, and milestones for which investors should watch.
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