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Stock Market & Financial Investment News

News Breaks
January 28, 2013
08:16 EDTCQBChiquita Brands reports Q4 preliminary revenue $738M, consensus $688.75M
The company expects Q4 comparable operating loss in the range of $10M-$20M and adjusted EBITDA in the range of $(3M)-$7M. The company expects Q4 operating loss on a U.S. GAAP basis to be in the range of $188M-$233M, including estimated non-cash goodwill and trademark impairment charges in the range of $170M-$205M along with restructuring, relocation and other exit charges. The company recognized $2M of restructuring expenses in the fourth quarter, $2M in costs related to relocation in the fourth quarter and $2M of estimated lease exit expense, net of estimated future sublease income, is excluded from comparable operating income in Q4. Consensus for EPS is (28c).
News For CQB From The Last 14 Days
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December 9, 2014
15:45 EDTCQBGabelli raises stake in Chiquita to 8.16% from 6.52%
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December 4, 2014
08:56 EDTCQBCutrale and Safra extends tender offer for Chiquita to December 23
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