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Stock Market & Financial Investment News

News Breaks
January 25, 2013
06:13 EDTCQB, DANOYDanone to sell stake in Danone Chiquita Fruits, DJ reports
Danone (DANOY) will sell its stake in Danone Chiquita Fruits, a fruit juice joint venture with Chiquita Brands (CQB), Dow Jones reports, citing a report from financial newsletter Capital Finance and published on the website of French business daily Les Echos. The report suggests that the assets will be sold to Gebruder Bagusat, a German fruit product company. Reference Link
News For DANOY;CQB From The Last 14 Days
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December 12, 2014
06:44 EDTDANOYDanone backs 2014 organic growth target of 4.5%
Backs 2014 trading operating margin down less than 20 basis points like-for-like. Backs 2014 free cash flow to be between EUR1.3B-EUR1.4B. Danone said it will continue to expand capacity rapidly and build development platforms in fast-growing regions, particularly Asia and Africa. Investments made for this purpose over the past two years have resulted in a higher use of debt than in the past, at a level that could imply a credit rating one notch lower, and that is appropriate for this current period of development given the company’s sound cash-flow outlook and debt structure.
06:42 EDTDANOYDanone to keep Medical Nutrition business, Reuters reports
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December 11, 2014
07:13 EDTDANOYDanone to discuss whether to keep or sell medical nutrition unit, Reuters says
According to a source, Danone (DANOY) will hold a board meeting today to discuss whether to keep or sell its medical nutrition business, Reuters reports. Previous reports said Danone's board would decide whether to sell the unit to Hospira (HSP) or Fresenius (FMS), with Fresenius as the possible front-runner to enter exclusive talks. Reference Link
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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