International Business News - CQB http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The World Trade Organization has ruled that the European Union's import taxes for bananas break global commerce rules, putting some Latin American countries at an unfair disadvantage against former French and British colonies. http://www.ibtimes.com/articles/20081126/wto-rules-against-eu-in-bananas-row-with-ecuador.htm Wed, 26 Nov 2008 14:44:35 EST Food makers General Mills Inc. and Chiquita Brands International Inc. will present at an investor conference on Wednesday. Both companies are schedule to speak at the Morgan Stanley Global Consumer & Retail Conference, later Wednesday morning and in the afternoon. http://www.ibtimes.com/articles/20081119/ahead-of-the-bell-chiquita-general-mills-to-talk.htm Wed, 19 Nov 2008 06:17:57 EST Among the stock activity stories for Tuesday, Nov. 18, from AP Financial News: CHICAGO (AP)--Shares of Pier 1 Imports Inc. tumbled for the third-straight day Tuesday, after the home decor chain cautioned it would likely post steep declines in same-store sales during the third quarter. http://www.ibtimes.com/articles/20081118/movers-roundup-pier-1-garmin.htm Tue, 18 Nov 2008 18:12:37 EST Shares of Chiquita Brands International Inc. soared on Tuesday after an analyst upgraded the company's shares on its recent stock weakness. BB&T Capital Markets analyst Heather Jones wrote in a note to clients that she upgraded Chiquita to "Buy" from "Hold" since the company is well positioned even as economies worldwide slump. She said banana demand has been strong and "remains the best value in the produce aisle." http://www.ibtimes.com/articles/20081118/chiquita-shares-up-analyst-upgrades-stock.htm Tue, 18 Nov 2008 19:58:20 EST Among the stock activity stories for Friday, Oct. 31, from AP Financial News: RALEIGH, N.C. (AP)--Shares of Highwoods Properties Inc. rose Friday after an analyst upgraded the company's stock, citing a strong third-quarter performance by the Southeast-focused real estate investment trust. http://www.ibtimes.com/articles/20081031/movers-roundup-highwoods-cigna.htm Fri, 31 Oct 2008 14:41:10 EDT Shares of Chiquita Brands International Inc. soared on Friday, one day after the company said its third-quarter loss narrowed, beating expectations, on gains from higher prices and strong banana sales. http://www.ibtimes.com/articles/20081031/chiquita-shares-soar-after-3rd-qtr-beats-estimates.htm Fri, 31 Oct 2008 10:59:38 EDT Among the earnings projection stories for Thursday, Oct. 30, from AP Financial News: CINCINNATI (AP)--Chiquita Brands International Inc. said Thursday that it expects industry costs will fall for the year because of recent fuel price declines, but its supply costs will rise because of lower productivity due to weather. http://www.ibtimes.com/articles/20081030/outlook-roundup-chiquita-express-scripts.htm Thu, 30 Oct 2008 19:43:56 EDT Chiquita Brands International Inc. said Thursday that it expects industry costs will fall for the year because of recent fuel price declines, but its supply costs will rise because of lower productivity due to weather. http://www.ibtimes.com/articles/20081030/chiquita-brands-says-fuel-price-drops-to-help.htm Thu, 30 Oct 2008 17:29:36 EDT Chiquita Brands International Inc. said Thursday its third-quarter loss narrowed from last year as higher prices and strong banana sales helped offset weakness in its salad operations. http://www.ibtimes.com/articles/20081030/chiquita-brands-3q-loss-narrows-pricing-helps.htm Thu, 30 Oct 2008 17:13:12 EDT Chiquita Brands International Inc. is expected to report a loss in its third quarter when it reports results after the market closes on Thursday. The Cincinnati-based producer of bananas, packaged salads and fresh-cut fruit has predicted its third quarter loss will be similar to the same period last year, when it lost $28.2 million as the cost of fuel and fertilizer rose. http://www.ibtimes.com/articles/20081030/ahead-of-the-bell-chiquita-to-release-3q-earns.htm Thu, 30 Oct 2008 06:28:08 EDT The European Union slapped a 60.3 million euros ($82.9 million) fine on the importers of Dole and Del Monte bananas Wednesday, claiming they operated an illegal cartel. http://www.ibtimes.com/articles/20081015/eu-fines-banana-importers-for-running-cartel.htm Wed, 15 Oct 2008 07:47:46 EDT Shares of the nation's food makers fell slightly Monday in a market-wide drop as investors reacted to the failure of the financial bailout package in the House. http://www.ibtimes.com/articles/20080929/food-makers-fall-slightly-on-bailout-news.htm Mon, 29 Sep 2008 15:35:11 EDT Chiquita Brands International Inc. wants to move beyond its image as a banana grower and into one as a consumer products company. The Cincinnati-based company has started a rewards program with online auctions for customers called Fresh Funds, offering customer rewards through a point system. http://www.ibtimes.com/articles/20080903/chiquita-stepping-up-consumer-products-image.htm Wed, 03 Sep 2008 10:55:20 EDT Chiquita Brands International Inc. said Tuesday it formed a joint venture with Haitong Food Group Co. Ltd for the processing, sale and marketing of fresh produce in China. The move marks the company's first entry into the Chinese market. http://www.ibtimes.com/articles/20080826/chiquita-to-sell-produce-in-china-under-new-pact.htm Tue, 26 Aug 2008 09:24:14 EDT Chiquita Brands International Inc. said Tuesday it has completed the sale of its German distribution business Atlanta AG for $92 million. It was sold to UNIVEG Fruit and Vegetables BV, a Belgian-based group of companies that does business in 23 countries. The deal was first announced in May. http://www.ibtimes.com/articles/20080819/chiquita-completes-sale-of-german-distributor.htm Tue, 19 Aug 2008 11:38:14 EDT Among the stock activity stories for Friday, Aug. 1, from AP Financial News: NEW YORK (AP)--U.S.-traded shares of Nissan Motor Co. declined on Friday after the Japanese automaker said its profit for the April-June quarter fell 43 percent, stung by a rising yen and provisions for lost value to its leased vehicles. http://www.ibtimes.com/articles/20080801/movers-roundup-nissan-massey-energy.htm Fri, 01 Aug 2008 15:12:56 EDT Shares of Chiquita Brands International Inc. rose nearly 11 percent Friday, a day after the company marked its best quarter in several years. The Cincinnati-based producer of bananas and packaged salads said Thursday after the market closed that sales rose 6 percent in the three-month period ending in June, reaching $1 billion. The company saw a 17 percent rise in banana sales even as prices on all its products were up 35 percent to help recoup soaring input costs like fuel. http://www.ibtimes.com/articles/20080801/chiquita-shares-surge-on-strong-2q-performance.htm Fri, 01 Aug 2008 19:57:17 EDT Chiquita Brands International Inc. said sales rose 6 percent, including a 17 percent rise in banana sales, as its second quarter marked its best performance in years. http://www.ibtimes.com/articles/20080731/chiquita-brands-2q-earnings-jumps-on-sales-rise.htm Thu, 31 Jul 2008 18:16:56 EDT Chiquita Brands International Inc. reports earnings for the second quarter on Thursday, after the market closes. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080729/chiquita-2q-profit-expected-to-rise-weak-3q-view.htm Tue, 29 Jul 2008 15:56:57 EDT Global trade talks present a crucial test for how a new world order can handle future world challenges such as climate change and food supply, the EU's trade chief said Thursday. http://www.ibtimes.com/data/articleimgs/92996-belgium-eu-wto.jpg http://www.ibtimes.com/articles/20080717/eu-trade-pact-would-raise-economy.htm http://www.ibtimes.com/articles/20080717/eu-trade-pact-would-raise-economy.htm Thu, 17 Jul 2008 12:09:25 EDT