Global Industry

Camden / NJ. (csc) Campbell Soup Company reported its fiscal 2010 results. Fourth-Quarter Summary: Sales decreased one percent to 1’518 million USD. U.S. beverage sales increased twelve percent. U.S. soup sales decreased five percent.

Miami / FL. (bk) Burger King Holdings Inc. and 3G Capital announced that they have entered into a definitive agreement under which affiliates of 3G Capital will acquire the stock of the Company for 24,00 USD per share including the assumption of the Company´s debt.

Minneapolis / MN. (djn) Fitch Ratings boosted its outlook on General Mills Inc. to positive, citing the packaged-food giant´s continuing «solid operating performance» and debt-reduction efforts. Long-term debt finished the year at 5,27 billion USD.

Minneapolis / MN. (cg) Cargill Inc. reported net earnings of 691 million USD in Q4/2010, compared with 327 million USD in Q4/2009. Excluding earnings from its majority investment in The Mosaic Company, Cargill´s Q4 earnings rose 87 percent to 433 million USD.

Purchase / NY. (pci) PepsiCo Inc., the world´s second largest food and beverage business, announced that it plans to invest 250 million USD in Vietnam over the next three years.

Downers Grove / IL. (slc) Sara Lee Corporation reported strong results for fiscal 2010. Operating income was up significantly for the year, driven by improved operating segment income across all five continuing business segments, said interim CEO Marcel H. M. Smits.

Northfield / IL. (kf) Kraft Foods Inc. reported strong Q2/2010 earnings that reflected increased gross profit margins and significant brand-building investments in every geography. «We are making excellent progress on the Cadbury integration», said CEO Irene Rosenfeld.

Zurich / CH. (aag) Aryzta AG announces that its subsidiary IAWS Group Limited has reached agreement with Tim Hortons Inc., its 50 to 50 partner under the Maidstone Bakeries joint venture, to acquire Tim Hortons 50 percent share for consideration of 475 million CAD.

Diemen / NL. (csm) CSM N.V. delivered an increased Ebita of 55,8 million EUR (plus 37 percent) in the second quarter 2010, excluding one-off acquisition and integration costs (4,4 million EUR). Sales increased by 19 percent. Key Facts:

Battle Creek / MG. (kc) Kellogg Company reported lower Q2/2010 internal net sales, internal operating profit and currency-neutral earnings per share, reflecting weakness in the cereal category, lower Eggo sales, and the impact of a recall of select packages of cereals.