--(www.USEquityNews.com)-- 04/10/2008 - Consumer Goods industry alert provided by U.S. Equity News. With more to do than ever and less time to do it in, people are always on the look-out for wholesome grab-and-go breakfast ideas. Now, with new Kraft (NYSE: KFT) Bagel-fuls -- a warm, golden bagel and creamy Philadelphia(R) cream cheese deliciously and conveniently rolled into one -- those in a morning rush can have their bagel and eat it, too! Bagel-fuls offer a fresh-baked taste at home or on-the-go that will satisfy even the most discriminating bagel lovers. Kraft launches the new breakfast option recently in the bagel capital of the world, New York City, with the help of popular comic and "The View" co-host Joy Behar. With a busy TV and touring schedule, Joy is all too familiar with morning mayhem.
The executive vice president, general counsel and secretary of Omega Protein Corp. (NYSE: OME), a fish meal and fish oil producer, exercised options for 44,732 common shares and then sold the stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Tuesday. In a Form 4 filed with the SEC, John D. Held reported he exercised options to buy the shares Friday for $10.58 apiece, and then sold the shares the same day for $14.13 apiece. The stock sale was conducted under a prearranged 10b5-1 trading plan which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material non-public information.
NutraCea (OTCBB: NTRZ), a world leader in stabilized rice bran (SRB), nutrient research and technology, announced recenlty that they have accelerated their plans to expand the recently acquired Irgovel plant located in Pelotas, Brazil to meet the demand for rice bran oil and deoiled bran. When purchased earlier this year the plant was operating at less than one third of its total capacity of 70,000 tons of rice bran annually. The Company anticipates that by the end of this quarter, the facility will be operating at over 70% of capacity, and close to full capacity by the middle of the fourth quarter of this year, a timeline that is ahead of the original schedule.
American Dairy, Inc. (NYSE: ADY), one of the leading producers and distributors of premium infant formula, milk powder and soybean, rice and walnut products in China, recently announced that it received a notice from NYSE Regulation Inc. as a result of the Company being unable to timely file its annual report on Form 10-K for the year ended December 31, 2007. As previously announced, American Dairy engaged Grant Thornton, the Hong Kong member firm of Grant Thornton International, as its independent registered public accountants in January of 2008. Grant Thornton is currently conducting an audit of the Company's financial statements for the 2007 fiscal year and historical re-audits of the fiscal years 2004 through 2006.
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