Chiquita Brands International, Inc.

  • What Will Happen With a Better Offer on the Table?

    By Mike Thiessen - August 15, 2013 | Tickers: CQB, DOLE, FDP

    According to recent reports, produce distributor Dole Foods's (NYSE: DOLE) long-running bidding war may finally be nearing an end. After trying unsuccessfully to take the firm private with a rather low offer for the bulk of its outstanding shares, CEO David Murdock upped his bid significantly and won the unanimous approval of Dole's board. Although this deal is still subject to customary closing conditions like a shareholder approval more »

  • How Some of my Recent Stock Purchases Have Performed in the Early Going

    By Damon Churchwell - August 8, 2013 | Tickers: CQB, XONE, SKM, SPR, XOOM

    Spurred by an interest in determining the relative performances of several of my personal stock purchases over the past year, I decided to explore the topic in blog format. The group includes five portfolio holdings, two being IPOs that debuted in February, 2012. I'd like to weigh the increase in the broader market indices, particularly the S&P 500 against my selections. An overview of each company and the more »

  • Is This Food Company a Buy Right Now?

    By ANUP SINGH - August 1, 2013 | Tickers: CQB, DOLE, FDP

    Shares of Dole Food (NYSE: DOLE) have gone up as much as 15% this year, but most of that jump came in early June after the company's CEO offered to buy out the company for $12 per share. However, its recently released second- quarter results were not outstanding. The company saw a rise in its revenue, but a fall in its earnings. It has been adopting various strategic expansion more »

  • Monkey Business in the Banana Fields

    By Mike Thiessen - July 2, 2013 | Tickers: CQB, DOLE, FDP

    Dole Food Company (NYSE: DOLE) has been producing, marketing and distributing fresh vegetables and fruits to Americans for over a century. With a core focus on bananas and pineapples, it also markets packaged fruit, salads and freshly packed vegetables. Shareholders of the company went bananas when they came to learn that its own CEO David Murdock had made an offer to purchase the entire company. A point to note is more »

  • 1 Company to Go Bananas For

    By Erin McBride - June 17, 2013 | Tickers: CQB, DOLE, FDP

    A few years ago I heard a fascinating story on NPR regarding the future of bananas. Fascinating? Yes, in fact, it was. In short, there is a disease killing Cavendish banana plants, the preferred mass market banana that most individuals in the modern world eat on a regular basis. A decade ago it was predicted that Cavendish bananas would be extinct by now. I’ve watched the largest banana retailers more »

  • Is Dole Food's Offer Cheap?

    By Anh HOANG - June 13, 2013 | Tickers: CQB, DOLE, FDP

    Dole Food (NYSE: DOLE) has recently received a buyout offer from its 90-year-old chairman and CEO, billionaire David Murdock. He would like to acquire around 60% of the company at around $12 per share in cash, valuing Dole Food at around $1.5 billion in enterprise value. The offer came in at around 18% premium to its pre-offer trading price. Interestingly, Dole Food’s share price has moved above Murdock more »

  • Why Fruits and Vegetables Should Not Be Part of a Balanced Portfolio

    By Leo Sun - June 13, 2013 | Tickers: CQB, DOLE, FDP | Editor's Choice

    Shares of Dole Food Company (NYSE: DOLE), the world’s largest producer and seller of fruit and vegetables, surged 22% on June 11, after CEO David Murdock made an offer to take the company private for $12 per share. What does this sudden move mean for the rest of the fruit and vegetables industry, which includes Fresh Del Monte Produce (NYSE: FDP) and Chiquita Brands (NYSE: CQB)?

    Is being taken more »

  • This Share Buyback Plan Suspension Is Not Attractive

    By Anh HOANG - June 3, 2013 | Tickers: CQB, DOLE, FDP

    The market does not seem to be happy with Dole Food’s (NYSE: DOLE) recent decision of suspending its buyback. Its share price dropped nearly 6% right after the company announced that it would cease the recently announced $200 million share repurchase program to upgrade its own vessel fleet and acquire three new refrigerated container ships. Should investors buy Dole Food after this announcement? Let’s find out.

    Business snapshot more »

  • Is Now the Time to Get Into This Stock?

    By Nicholas Kitonyi - June 3, 2013 | Tickers: CQB, DOLE, FDP

    Dole Food Company (NYSE: DOLE) presents an interesting opportunity for investors following its most recent announcements. The company delivered a news on May 28, the impact of which could be compared to that of a double-edged sword. It was both good and bad for investors. However, I tend to lean on the good side more, considering the company’s current position. Dole made two consecutive announcements sending its shares down more »

  • Restructuring Plan Has Been Good for This Stock, But Will It Last?

    By Mike Thiessen - May 28, 2013 | Tickers: CQB, DOLE, FDP

    Chiquita Brands International (NYSE: CQB) finds itself in the throes of a major restructuring plan that has sent its stock price soaring by more than 40 percent. The plan was announced in response to years of sagging profitability, cost pressures, and internal turmoil. Although the produce business is relatively uncomplicated, it is a notoriously low-margin affair that can be greatly affected by weather, transportation problems, fuel costs, labor unrest, and more »

  • Betting on This Turnaround With Nearly 40% Upside Potential

    By Anh HOANG - April 27, 2013 | Tickers: CQB, DOLE, FDP

    Since the beginning of the year, Chiquita Brands International (NYSE: CQB) has experienced some volatility. Its stock price dropped from $8.25 per share to only $6.10 per share in March 4, then it bounced back to more than $7.20 at the time of writing.

    Interestingly, in the middle of March, Chiquita’s president and CEO purchased 50,800 shares of the company at an average price of more »

  • "Bunge" Jumping to Diversify a Stock Portfolio?

    By Michael Ugulini - April 1, 2013 | Tickers: ADM, BG, CQB

    Trying something new is what makes life - and investing - interesting, and hopefully worthwhile. While I'm not into jumping off bridges and whatnot with a huge elastic band tied to my leg, I'm more apt to try new adventures (of the conservative sort) on the markets.

    With that in mind, my focus today is Bunge (NYSE: BG), a foremost international, integrated agribusiness and food enterprise. As part of the more »

  • A Cheap Commodity Stock with Upside Potential

    By Ishfaque Faruk - January 10, 2013 | Tickers: CQB, CORE, DOLE, FDP, SYY

    A great long term investment requires a look at a company's business prospects from various angles. In my previous post on Fresh Del Monte (NYSE: FDP), I highlighted why Fresh Del Monte will benefit from struggling competitors, primarily based on its much stronger relative position in the fresh produce space. It operates in a generic agricultural commodity marketplace, however, Fresh Del Monte has separated itself from the pack with more »

  • New Rules Could Be Worse, but They Still Aren't Good

    By Reuben Brewer - January 8, 2013 | Tickers: CVGW, CQB, DOLE, FDP

    The U.S. Food and Drug Administration's rules can throw a ratchet into a company's operations if the agency requires big, expensive-to-make changes. The recent round of deadly food based outbreaks left a big question mark about FDA action. With two proposed rules out for comment, the impact of a shift from a reactionary to a proactive stance may be less serious than feared for some companies, though others are likely to feel a bigger pinch.

  • A Juicy Food Company With Room to Run

    By Ishfaque Faruk - December 3, 2012 | Tickers: CQB, CORE, DOLE, FDP, SYY

    Most food producing companies are usually fairly valued, because of their stable demand/supply characteristics especially during economic downturns. Screening the large universe of food companies, it is often hard to find a good bargain.  Fresh Del Monte Produce (NYSE: FDP) happens to have a lot of bang for the buck.

    Fresh Del Monte is a leading global producer, marketer and distributor of fruits, vegetables and prepared foods including fresh more »

  • Should You Be Greedy When Others Are Fearful?

    By Palwasha Saaim - November 26, 2012 | Tickers: CQB, CORE, DOLE, FDP, SYY

    Dole (NYSE: DOLE) reported its third quarter earnings last week. The fresh and packaged foods manufacturer missed both earnings and revenue forecasts. The company reported a loss per share of -$0.06, which is a huge miss compared to the EPS of $0.14 that analysts were expecting. Revenues of $1.96 billion also fell short of expected $2.07 billion. Directly after the earnings announcement, the stock plummeted almost more »

  • Logistics not GMOs the Future of Agriculture

    By Nick Slepko - November 16, 2012 | Tickers: AMZN, CQB, MON, RJA, SYT

     

    “Whether it’s the restaurant or the supermarket or the kitchen supply shop, it’s hard to think of sector that is more commercialized and more replete with entrepreneurship and innovation.  It is all monetized. … Quality customers are often more important to a restaurant than a quality chef.”

    Professor Tyler Cowen’s recent book, An Economist Gets Lunch, is his latest success at illustrating “markets in everything” – and like his more »

  • Investing in Cuba: Another Vietnam!?

    By Nick Slepko - October 8, 2012 | Tickers: CQB, FCX, JPM, S, MOS

    As a leading expert on international compliance and trade, attorney Dr. Timothy Ashby has been involved in assisting governments and companies with post-communist transitions since the fall of the Berlin Wall.  Currently the CEO of Federal Regulatory Compliance Services, an international risk mitigation consultancy, and a Counsel for the global law firm SNR Denton, Dr. Ashby’s distinguished career has involved everyone from Ernst & Young to the US Department of more »

  • Transition From a Value Trap to a Value Stock

    By Palwasha Saaim - September 25, 2012 | Tickers: CQB, DOLE, FDP

    The speculation that surrounded Dole's Chairman Board David Murdoch’s hefty insider buying is finally news. We’ve been hearing about the likely spin-off of Dole Foods (NYSE: DOLE) for quite some time. The confirmation of a sell-off came earlier this week when Dole finally officially announced its plans for restructuring. Up until last week, my stance was different. For me, Dole has been a value trap until this more »

  • Is Dole Foods a Value Trap?

    By Palwasha Saaim - September 10, 2012 | Tickers: CQB, CORE, DOLE, FDP, SYY

    He buys it. He buys more of it. And he can't get enough of it. David Murdock, 89 year old CEO and Chairman of Dole Foods (NYSE: DOLE) has recently been seen on a buying spree. Over the last two months, he's amassed millions worth of Dole shares. His latest stock purchase, for which he paid a price of $12.5 apiece (which also happens to be the more »

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