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Stock Market & Financial Investment News

News Breaks
January 4, 2013
13:39 EDTSJM, HSY, HRL, SAFM, SFD, TSN, FDP, CQB, DOLE, CPB, HNZ, K, GIS, KFT, MDLZ, UL, UN, ECLFDA proposes new standards for foodborne illness prevention, produce safety
The U.S. Food and Drug Administration announced earlier that it proposed two new food safety rules that will help prevent foodborne illness. The proposed rules implement the Food Safety Modernization Act, or FSMA, and are available for public comment for the next 120 days, the FDA said. These two FSMA rules are part of an integrated reform effort that focuses on prevention and addresses the safety of foods produced domestically and imported, with additional rules to be published shortly. The first rule proposed would require makers of food to be sold in the United States, whether produced at a foreign- or domestic-based facility, to develop a formal plan for preventing their food products from causing foodborne illness. The rule would also require them to have plans for correcting any problems that arise. The FDA is proposing that many food manufacturers be in compliance with the new preventive controls rules one year after the final rules are published in the Federal Register but small and very small businesses would be given additional time. The FDA also seeks public comment on the second proposed rule, which proposes enforceable safety standards for the production and harvesting of produce on farms. This rule proposes science- and risk-based standards for the safe production and harvesting of fruits and vegetables. The FDA is proposing that larger farms be in compliance with most of the produce safety requirements 26 months after the final rule is published in the Federal Register. Small and very small farms would have additional time to comply, and all farms would have additional time to comply with certain requirements related to water quality. The FDA seeks public comment on this proposal, it stated.
News For ECL;UN;UL;MDLZ;KFT;GIS;K;HNZ;CPB;DOLE;CQB;FDP;TSN;SFD;SAFM;HRL;HSY;SJM From The Last 14 Days
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October 24, 2014
12:36 EDTCQBChiquita downgraded to Hold from Buy at BB&T
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10:50 EDTHSYOptions with increasing implied volatility: OCN HSY
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10:15 EDTCQBHigh option volume stocks
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09:31 EDTCQBChiquita shareholders vote down merger with Fyffes
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09:28 EDTCQBChiquita says shareholders reject merger with Fyffes
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07:10 EDTCQBChiquita considered Cutrale/Safra offer, reaffirms Fyffes merger recommendation
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October 23, 2014
12:50 EDTCQBWynnefield affirms support of Chiquita takeover by Cutrale-Safra
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11:23 EDTHSYOptions with increasing implied volatility: OCN HSY
10:13 EDTCQBChiquita says board will 'carefully review' new Cutrale/Safra offer
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09:03 EDTCQBCutrale-Safra raises buyout offer for Chiquita to $14.50 per share
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08:55 EDTCQBCutrale-Safra raises Chiquita acquistion offer to $14.50 per share from $14
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05:34 EDTULUnilever down 1.5% after reporting Q3 results
05:34 EDTULUnilever reports Q3 underlying sales growth of 2.1%
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October 22, 2014
12:44 EDTHSYOptions with increasing implied volatility: OCN MJN HSY
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10:18 EDTGISBoulder Brands tumbles after lowering profit outlook
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07:54 EDTMDLZMondelez added to U.S. Focus List at Credit Suisse
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October 21, 2014
12:29 EDTCQBChiquita retiterates 'value' of combination with Fyffes
Chiquita Brands reiterated the value of Chiquita's combination with Fyffes and set the record straight regarding the inaccurate and misleading statements made by the Cutrale Group and the Safra Group in an attempt to support its inadequate $14.00 per share offer to acquire Chiquita. The company said, "The strategic benefits of the Chiquita/Fyffes merger are clear and allow Chiquita shareholders to participate in the significant upside potential of the combined organization. Chiquita shareholders will share access to $62M of Fyffes EBITDA and share in $60M of identified, third party reviewed synergies in the combined company with clear and actionable steps identified in each synergy area. Chiquita shareholders will also retain the option to sell ChiquitaFyffes at a premium in the future."
07:30 EDTCPBCampbell Soup's Ellan Oran Kaden to retire on May 1, 2015
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October 20, 2014
10:30 EDTCQBISS recommends Chiquita shareholders vote for combination with Fyffes
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08:52 EDTCQBWynnefield rejects Chiquita-Fyffes proposal
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