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Seeking Alpha 04/15/2019 18:16
Founded in 1886, the company originally produced a premium blend of coffee for the Hotel Del Monte in California, transitioning into both canned foods and selling other types of fresh produce throughout the 20th century.
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Dubai Informer 03/26/2019 17:57
The ideal candidate should have strong experience and knowledge in Supply Chain Management in a food manufacturing company,with a minimum of 5 years in a managerial role. This role will be responsible for Logistics, Warehousing, Procurement & Customs clearance. Job Responsibilities • Ensure the chain of Supply (Demand planning /procurement of Raw Materials /warehouse / Logistics…. link: Supply Chain Manager – Del Monte Foods UAE FZE – Dubai Jobs.
MarketWatch 02/20/2019 14:39
Shares of Fresh Del Monte Produce Inc. dropped 1.7% after resuming trade Wednesday, after the fruit and vegetable producer said it will suspend its quarterly cash dividend, "in light of the terms of the company's credit facility." The stock's selloff comes after it plunged 17% on Tuesday following the release of fourth-quarter results. The stock's previous quarterly dividend was 15 cents a share, with the annual rate of 60 cents a share implying a dividend yield of 2.05% at Tuesday's closing price. "Our current credit facility imposes certain operating and financial restrictions on us," the company stated in its 10-K filing with the SEC. "Our failure to comply with the obligations under this facility, including maintenance of financial rati.
Fresh Del Monte markets its products worldwide under the Del Monte brand, a symbol of product innovation, quality, freshness and reliability for over 125 years.
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