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Latest Chiquita Brands International Stories

2009-06-24 18:06:00

CINCINNATI, June 24 /PRNewswire-FirstCall/ -- Chiquita Brands International, Inc. (NYSE: CQB) today announced that it does not expect the bankruptcy filing by Eastwind Maritime Inc. and certain of its affiliates to adversely affect service to Chiquita's customers and the delivery of its bananas and other fresh fruit products. All of the 12 oceangoing ships that the company sold in 2007 remain under long-term charter to Chiquita, including the four ships sold to Eastwind. "We are taking...

2009-06-02 15:00:00

CINCINNATI, June 2 /PRNewswire-FirstCall/ -- The Distribution Business Management Association (DBMA), represented by 50 of the top global supply chain companies, granted Chiquita Brands International the 2009 Circle of Excellence Award, the Association's highest recognition for environmental protection and Corporate Social Responsibility (CSR) initiatives. The award was announced to the entire DBMA membership during the association's annual meeting on May 13, 2009. (Photo:...

2009-05-28 13:35:00

BIRMINGHAM, Ala., May 28 /PRNewswire/ -- A federal lawsuit alleges the Drummond Company paid millions of dollars to a Colombian paramilitary terrorist group that while acting as paid "security" was responsible for the deaths of 67 people in a plot to disrupt union activities at the company's South American coal mining and railway operations. The civil lawsuit accuses Drummond of paying the right-wing United Self Defense Forces of Colombia (AUC) to protect their business interests in the...

2009-04-28 15:37:00

LOS ANGELES, April 28 /PRNewswire/ -- A wrongful death complaint charges that 73 people were murdered by United Defense Forces of Colombia (AUC) paramilitaries working as a "local police force" under hire by Dole Food Company in and around the American company's Colombian banana plantations. The lawsuit, brought on behalf of the heirs of the victims, was filed in Superior Court of the State of California for the County of Los Angeles by Florida-based law firm, Conrad and Scherer LLP. The...

2008-12-08 19:43:30

A Florida woman says she is locked in a battle of wits against a tame macaw that has decided to stay in nearby trees after escaping from its owner. Tania Regidor of Tampa said the bird, Chiquita, escaped from its owner, who has cancer and recently completed chemotherapy, during feeding time, The Tampa Tribune reported Monday. Regidor said the bird spent the weekend flying from tree to tree in the neighborhood, each time going a little higher into the branches. She said Chiquita and the bird's...

2008-10-30 18:00:20

CINCINNATI, Oct. 30 /PRNewswire-FirstCall/ -- Chiquita Brands International, Inc. today released financial and operating results for the third quarter 2008. For continuing operations, the company reported net sales of $840 million, up 7 percent year-over-year, and a net loss of $6 million, or $(0.13) per diluted share, compared to a net loss of $26 million, or $(0.61) per diluted share, in the year-ago period. The 2008 quarter included a gain of $10 million, or $0.22 per diluted share,...

2008-09-30 18:01:04

Landec Corporation (Nasdaq:LNDC), today reported results for the fiscal year 2009 first quarter ended August 31, 2008. Revenues for the first quarter increased 15% to $71.8 million compared to revenues of $62.7 million for the same period a year ago. Operating income increased 26% to $4.6 million compared to $3.6 million in the prior year first quarter. The Company reported net income for the quarter of $2.8 million or $0.11 per diluted share compared to net income of $3.1 million or $0.11...

2008-09-16 18:00:24

CINCINNATI, Sept. 16 /PRNewswire-FirstCall/ -- Chiquita Brands International, Inc. today reported significant year-over-year increases in banana prices in all markets for July-August 2008 on volumes that were flat overall. In its Fresh Express value-added salads business, the company reported a year-over-year improvement in both net revenue per case and volume during the two-month period. "We are pleased that banana pricing remains favorable as we continue our pricing discipline to help...

2008-08-26 09:00:58

SHANGHAI, China and CINCINNATI, Aug. 26 /PRNewswire-FirstCall/ -- Chiquita Brands International, Inc. today announced it has entered into a joint venture with Haitong Food Group Co., Ltd. for the processing, sale and marketing of value-added fresh produce in China, marking the company's initial entry into an important emerging market. "Introducing the Chiquita brand to the emerging Chinese value-added produce market is an important strategic step in becoming a global leader in branded,...

2008-08-20 09:01:08

Chiquita Brands International, a marketer and distributor of fresh and value-added food products, has sold its wholly owned German distribution business, Atlanta, to Univeg Fruit and Vegetables for net proceeds of approximately E65 million, including working capital and net debt adjustments. The parties have also entered into a long-term strategic agreement in which Atlanta will continue to serve as Chiquita's preferred supplier of banana ripening and distribution services in Germany,...


Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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