Natfoods &#39;worth more&#39;
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NATIONAL Foods hauled up the auction flag yesterday signalling that the Australian dairy giant could change hands for $1.81 billion.
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Australia&#39;s biggest supplier of fresh milk, National Foods, has posted a net profit of $68.7 million, an increase of 14 per cent on last financial year.
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The valuation on this company's shares has risen to mythical proportions.
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Nestle SA, the world's largest foodmaker, may buy baby-food company Gerber Products from Swiss drugmaker Novartis AG for as much as $5 billion, according to a published report.
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MELBOURNE - Australian dairy group National Foods says it is in talks to take over food processing company SPC Ardmona, which has a market value of A$380 million ($408 million).
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Whole Foods Markets Inc.&#39;s earnings surged in the latest quarter from a year earlier, due to new stores, higher margins and healthy sales growth.
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"There is nothing to answer because there is nothing on the table"  French food group Danone offered 12.3 billion euros for Dutch rival Numico to forge what it said would be the world's largest health and nutrition company. via Sympatico Finance
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Science & environment: Some organic foods may be more nutritious than non-organic produce, according to British scientists.
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NEW YORK, Aug 17  - Shares of data storage equipment maker Network Appliance Inc. (NTAP.O: Quote, Profile, Research) rose after the bell on Tuesday after the company posted a quarterly profit that rose 73 percent on strong sales in Asia and ...
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No, that&#39;s not a typo. After the bell yesterday, Electronics Boutique (Nasdaq: ELBO) reported that earnings had increased fivefold to $7.3 million, or $0.30 per share, beating analysts&#39; estimates by a penny.
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Australia&#39;s S&amp;P/ASX 200 Index advanced for a third day and was heading for a record close. Foodland Associated Ltd. rose after full-year earnings climbed 19 percent, helped by one-time gains.
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The PeopleSoft Board concluded that PeopleSoft is worth much more than the $24 per share price offered by Oracle. They reiterated that they will not sell the company for less than it is worth.
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National Foods Ltd., Australia&#39;s biggest fresh milk supplier, increased second-half profit by 12 percent after selling more specialty cheeses and gourmet foods.
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DAIRY company National Foods expects continuing growth after today reporting a 14 per cent rise in net profit to $68.66 million for 2003/04.
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Food purveyor Hormel Foods (NYSE: HRL) -- owner of the SPAM canned meat bonanza -- had good news this morning, or so you would think. Sales were up 15%, unit volume was up 6%, and earnings, excluding a positive impact from the ...
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Kellogg Co., the world's largest cereal maker, has agreed to raise the nutritional value of cereals and snacks it markets to children. The Battle Creek, Mich., company avoided a lawsuit threatened by parents and nutrition advocacy groups worried about increasing child obesity. Kellogg intends to formally announce its decision Thursday.
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CHICAGO An insider&#39;s well-timed trades on the Chicago Mercantile Exchange have given dairy farmers more money for their milk. The Chicago Tribune today reports that the head of the Dairy Farmers of America