This tropical fruit is portable, affordable and easy to eat, which are just some of the reasons that consumers picked it as the most popular item in the produce department. More than eight in 10 consumers (84%) put bananas in their cart this year.
In 1977 Elvis died, Microsoft was born and Craig Mitchell began what would turn into a 37-year career with Chiquita Brands International Inc.
Chiquita Brands International Inc. posted an $18 million net loss for the third quarter, matching its net loss for the same period in 2013 and earning the description of “strongest” third-quarter performance in five years from its chief executive officer.
Coral Gable, Fla.-based Fresh Del Monte Produce Inc. is starting a modified “Dutch auction” tender offer to purchase its outstanding ordinary shares from its shareholders.
After their shareholders rejected a merger with Fyffes Plc. by a margin of more than two to one, the Chiquita board of directors unanimously approved a buyout offer of $1.3 billion from two Brazilian companies.
(UPDATED CONTENT 11:53 a.m.) Fresh Del Monte Produce Inc. posted a net sales increase of 3% and a gross profit increase of almost 40% for the third quarter this year compared to its performance in 2013.More Packer Stories for Bananas
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