CQB News Alert Chiquita Brands International (CQB) 14.49 02/14/2015

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Chiquita Brands International (CQB) 14.49 $CQB

Hagens Berman Files Lawsuit Against Chiquita Bananas Alleging Environmentally Disastrous Production Methods
Business Wire - Mon Feb 09, 2:27PM CST
A U.S. consumer today sued Chiquita Brands International, Inc. (NYSE: CQB), one of the world's largest producers and marketers of fruits and vegetables, claiming the company misleads consumers in stating it is an environmentally friendly and socially responsible company in terms of how its bananas are grown, when in fact Chiquita's bananas are manufactured in ways that poison local residents, destroy ecosystems and contaminate drinking water, according to attorneys at Hagens Berman.
CQB: 14.49 (unch)

Chiquita Announces Change of Control Tender Offer for its 7.875% Senior Secured Notes due 2021
PR Newswire - Tue Feb 03, 4:30PM CST
Chiquita Brands International, Inc. ("Chiquita" and Chiquita Brands L.L.C. ("Chiquita Brands" and together with Chiquita, the "Issuers" today announced that they have commenced a tender offer (the "Tender Offer" to purchase for cash any and all of their outstanding $233,750,000 aggregate principal amount of 7.875% Senior Secured Notes due 2021 (the "Notes" , at a purchase price (the "Purchase Price" equal to 101% of the principal amount thereof. The Tender Offer is being made to satisfy the requirements of the indenture governing the Notes as a result of a change of control transaction.
CQB: 14.49 (unch)

The Cutrale-Safra Groups Complete Acquisition of Chiquita
PR Newswire - Tue Jan 06, 2:42PM CST
Chiquita Brands International, Inc. ("Chiquita" and the Cutrale and Safra Groups ("Cutrale-Safra" today announced the completion of the transactions under which Cutrale-Safra has acquired Chiquita via its affiliate, Cavendish Acquisition Corporation.
CQB: 14.49 (unch)

The Cutrale and Safra Groups Successfully Complete Tender Offer for Chiquita Brands International, Inc.
PR Newswire - Tue Jan 06, 6:34AM CST
The Cutrale and Safra Groups ("Cutrale-Safra" today announced the completion of the tender offer by its affiliate, Cavendish Acquisition Corporation, to purchase all of the outstanding shares of common stock of Chiquita Brands International, Inc. ("Chiquita" (NYSE: CQB) at a price of $14.50 per share, net to the seller in cash, without interest and subject to any required withholding taxes. The tender offer expired at 12:00 midnight, New York City time, at the end of the day on Monday, January 5, 2015.
CQB: 14.49 (unch)

Merger Arbitrage Mondays - January 5, 2015
Asif Suria - at Seeking Alpha - Mon Jan 05, 5:34AM CST
Merger activity decreased last week with two new mergers announced and three deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: ...
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Ukraine antitrust authorities approve Cutrale-Safra's proposed acquisition for joint control of Chiquita
M2 - Fri Jan 02, 11:04AM CST
Agribusiness's the Cutrale and Safra Groups (together Cutrale-Safra) announced on Friday that on 31 December 2014 the Ukraine antitrust authorities notified the parties of its approval of Cutrale-Safra's proposed acquisition for joint control of Chiquita Brands International Inc (NYSE: CQB), an international marketer and distributor of nutritious, high-quality fresh and value-added food products.
CQB: 14.49 (unch)

The Cutrale and Safra Groups Announce Satisfaction of the Regulatory Condition For its Acquisition of Chiquita Brands International, Inc.
PR Newswire - Fri Jan 02, 8:42AM CST
The Cutrale and Safra Groups ("Cutrale-Safra" today announced that the antitrust authorities of the Ukraine have notified the parties of its approval of Cutrale-Safra's proposed acquisition for joint control of Chiquita Brands International, Inc. ("Chiquita" (NYSE: CQB) on December 31, 2014. Cutrale-Safra has also made a notification filing with the antitrust authorities in Honduras as required under applicable law and has entered into arrangements to address the exercise of control over Chiquita's Ecuadorian operations pending receipt of approval by the applicable authorities in Ecuador. On that basis, Cutrale-Safra has determined that the condition relating to receipt of certain antitrust and regulatory approvals has been satisfied. The consummation of the tender offer remains subject to other conditions, all of which the parties expect to be satisfied.
CQB: 14.49 (unch)

NYSE stocks posting largest volume decreases
AP - Wed Dec 31, 6:59PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:
SXCP: 24.85 (+0.06), IRS: 16.37 (+0.05), CQB: 14.49 (unch), STZ: 113.03 (-0.48), UBA: 22.84 (-0.21), UBS: 17.19 (+0.21), UBP: 18.72 (-0.18), STZ.B: 112.58 (-0.82)

Calendar of Events: Research Reports on Borun, Xiniya, Chiquita Brands, Coach and Coca Cola Femsa
PR Newswire - Wed Dec 24, 6:40AM CST
Moments ago, Analysts Review released new research updates concerning several important developing situations including Borun (NYSE: BORN), Xiniya (NYSE: XNY), Chiquita Brands (NYSE: CQB), Coach (NYSE: COH), and Coca Cola Femsa (NYSE: KOF). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
KOF: 84.71 (+0.59), COH: 39.85 (+0.64), BORN: 1.22 (+0.04), CQB: 14.49 (unch), XNY: 1.99 (+0.12)

The Cutrale and Safra Groups Extend Tender Offer for Chiquita Brands International, Inc.
PR Newswire - Tue Dec 23, 11:23PM CST
The Cutrale and Safra Groups ("Cutrale-Safra" today announced that the previously announced tender offer by its affiliate, Cavendish Acquisition Corporation, for all outstanding shares of common stock of Chiquita Brands International, Inc. ("Chiquita" (NYSE: CQB) at a price of $14.50 per share, net to the seller in cash, without interest and subject to any required withholding taxes, will be extended until 12:00 midnight, New York City time, at the end of the day on Monday, January 5, 2015, unless further extended or terminated. All other terms and conditions of the tender offer, as amended, including the condition requiring certain antitrust approvals to be obtained, remain unchanged.
CQB: 14.49 (unch)

Rainforest Alliance Sued By Seattle Non-Profit, Citing Unfair And Deceptive Marketing Practices
PR Newswire - Thu Dec 18, 9:51AM CST
Water and Sanitation Health (WASH), a non-profit organization based in Seattle, Washington, has filed a civil lawsuit against the Rainforest Alliance and their Sustainable Agriculture Network (SAN), citing unfair and deceptive marketing practices.
CQB: 14.49 (unch)

NChiquita Brands International opens two echocardiography laboratories in regional hospitals in Guatemala in partnership with IMO
M2 - Fri Nov 28, 5:21AM CST
Nutritious value-added food company Chiquita Brands International (NYSE:CQB) and the International Medical Outreach (IMO) programme on Thursday jointly reported the inauguration of two echocardiography laboratories in regional hospitals in Zacapa and Quiche, both located in Guatemala.
CQB: 14.49 (unch)

Chiquita Brands, the Heineman Foundation and Carolinas HealthCare System Enhance Cardiac Services in Guatemala
GlobeNewswire - Wed Nov 26, 3:50PM CST
Chiquita Brands International(NYSE:CQB) and the International Medical Outreach (IMO) program, a partnership between Carolinas HealthCare System and the Heineman Foundation of Charlotte, celebrated the opening of two echocardiography laboratories in regional hospitals in Zacapa and Quiche, in Guatemala. In attendance was the First Lady of Guatemala, Rosa Maria Leal de Perez, who over the past year has worked with the Charlotte-based organizations to equip hospitals and clinics in need with medical services and supplies.
CQB: 14.49 (unch)

Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago Chiquita Brands International Is Up 0.3% (CQB)
Comtex SmarTrend(R) - Mon Nov 24, 7:15AM CST
When Chiquita Brands International (NYSE:CQB) reported earnings two weeks ago on November 6th, 2014, analysts, on average, expected the company to report a loss of $0.15 on sales of $732.0 million. The company actually reported a loss of $0.20 per share on sales of $738.6 million, missing EPS estimates by $0.05 and beating revenue estimates by $6.6 million. Since the company's report, shares of Chiquita Brands International have risen from $14.42 to $14.47, representing a gain of 0.3% in the past 18 days.
CQB: 14.49 (unch)

Food Products Stocks Technical Analysis - Archer-Daniels-Midland, Bunge, BRF S.A., Chiquita Brands Intl., and Rite Aid
PR Newswire - Tue Nov 18, 8:30AM CST
Investor-Edge has initiated coverage on the following equities: Archer-Daniels-Midland Company (NYSE: ADM), Bunge Ltd (NYSE: BG), BRF S.A. (NYSE: BRFS), Chiquita Brands International Inc. (NYSE: CQB), and Rite Aid Corporation (NYSE: RAD). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Monday, November 17, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,647.75, up 0.07% and the NASDAQ Composite closed at 4,671.00, down 0.37%. The S&P 500 finished the session 0.07% higher at 2,041.32. During the trading session, four out of ten sectors finished on a higher note. The S&P 500 Consumer Staples Sector Index ended the day at 494.65, up 0.62%, with the index advancing 8.11% in the previous three months. Register for your complimentary reports on these five stocks at:
BG: 82.22 (+1.78), ADM: 48.10 (+0.66), CQB: 14.49 (unch), BRFS: 22.59 (-0.17), RAD: 8.34 (+0.25)

Chiquita Brands International Earnings Review: 11 Days after Announcement Shares Up 0.1% (CQB)
Comtex SmarTrend(R) - Mon Nov 17, 8:24AM CST
11 days ago, on November 6th, 2014, Chiquita Brands International (NYSE:CQB) reported its earnings. Analysts, on average, expected a loss of $0.15 per share on sales of $732.0 million. Chiquita Brands International actually reported a loss of $0.20 per share on sales of $738.6 million, missing EPS estimates by $0.05 and beating revenue estimates by $6.6 million. Shares of Chiquita Brands International have climbed from $14.42 to $14.44, representing a gain of 0.1% since the company reported earnings 11 days ago.
CQB: 14.49 (unch)

Chiquita posts 3Q loss
Automated Insights - Thu Nov 06, 9:03AM CST
CHALOTTE, N.C. (AP) _ Chiquita Brands International Inc. (CQB) on Thursday reported a loss of $18 million in its third quarter.
CQB: 14.49 (unch)




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