Chiquita Brands Look Forward to Revenue Growth in 2010
Chiquita Brands

After posting a narrower quarterly loss, Chiquita Brands International Inc., which competes with Fresh Del Monte and Dole Food Co Inc., said that it expects 2010 earnings. It is seeking to produce revenue growth between 3% and 5%.

Chiquita reported a fourth-quarter net loss of $26 million, or 58 cents a share, compared with a loss of $413 million, or $9.30 a share, a year ago.

According to Thomson Reuter’s survey, the company would acquire an annual profit of $2.31 per share and revenue of $3.47 billion. In after trading, shares rose 13 cents to $14.78. During the regular session, shares dropped 4.1% and closed at $14.65 on Tuesday.

Net sales at the company rose 5% to $879 million.

Latest News

Father Shoots Girl’s Laptop, Posts Video on Youtube
Apple Begins Inspection
Researchers Blame Technological Advancements For Kids’ Poor Sleeping Pattern
The Google Motorola Deal Approved By US and EU
Replace Sugary Drinks with Water to Lose Weight
NASA Scientists Develop New Space Testbed
Scientists Expecting Life at Icy Dark and Cold Regions
Mysteries Behind Milky Way Galaxy To Be Unveiled
Scientific Equation behind the Shape of Ponytail Unveiled
Cooma People Encouraged To Donate Blood
Knox Receives Less Dental Care Funding
Massive Fight in Sydney Club