Chiquita

Local News
1:47 pm
Tue November 18, 2014

Headline Roundup: Cannon Goes To Prison And More

Cannon Enters Prison

Former Charlotte Mayor Patrick Cannon is in federal prison in Morgantown, West Virginia. He reported to prison shortly before noon to start a 44-month sentence for public corruption. Cannon was on house arrest for more than a week leading up to his sentence for violating his bond when he voted in this month’s election, something his felony conviction prohibits him from doing.  His vote was later canceled. 

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Local News
3:52 pm
Mon October 27, 2014

What Chiquita Deal Means For Charlotte

What will the buyout mean for Chiquita's uptown headquarters?
Credit Julie Rose

For months, Chiquita’s board has been spurning an offer to merge with financial company Safra and juice maker Cutrale. Monday, Chiquita announced it will take the buyout by the two Brazilian companies.

So what does this mean for Charlotte? 

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Local News
2:14 pm
Fri October 24, 2014

Headline Roundup: I-485 Delays, CMPD Surveillance, Chiquita And More

I-485 To Open Spring 2015

It’ll be next spring before the last stretch of Interstate 485 opens. The North Carolina Department of Transportation announced today the project wouldn’t be finished in December, as it had previously estimated. Engineers say the coming colder weather will slow down paving on the 5.7 mile stretch of Charlotte’s outer loop. 

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Local News
12:05 pm
Tue October 21, 2014

Headline Roundup: NC Unemployment Down, Chiquita Merger, More

North Carolina’s unemployment rate fell a tenth of a point in September to 6.7 percent. That’s according to the state Division of Employment Security. The dip follows two months of slight increases in the state’s jobless rate.

In South Carolina, the unemployment rate rose three tenths of a percent to 6.6 percent. The national average jobless rate for September was  5.9 percent.

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Local News
6:08 pm
Wed September 10, 2014

Slew Of Mergers Not Unique To Charlotte

Credit Jeremy Brooks https://creativecommons.org/licenses/by-nc/2.0/

The discount chain Dollar General officially launched a hostile takeover bid for Matthews-based rival Family Dollar today. Ten miles up the road, banana giant Chiquita signed an agreement to open its books to Cutrale-Safra—a collaboration of Brazilian companies—which threatened a hostile takeover. The merger battles are part of a larger, post-recession economic trend.


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Local News
5:43 pm
Mon August 11, 2014

Brazilian Companies Bid For Chiquita

Credit Jeremy Brooks https://creativecommons.org/licenses/by-nc/2.0/

Since March, Banana giant Chiquita has been preparing to merge with Fyffes, an Irish fruit company, to become the world’s largest banana seller. Today, Chiquita received an unsolicited, enticing offer from two Brazilian companies, which could potentially derail the deal.


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Local News
11:40 am
Thu August 7, 2014

Headline Roundup: McCrory Appoints SBI Acting Director

Governor Pat McCrory has appointed an acting director of the State Bureau of Investigation. B.W. Collier is a 26-year veteran of the bureau, during which time he has served in a variety of roles, including drug investigator, pilot, and bomb squad commander. He was appointed director of Alcohol Law Enforcement last year.

The state budget signed by Gov. McCrory today transfers the SBI from the Department of Justice to the Department of Public Safety, where it will operate as an independent agency. 

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Local News
5:29 pm
Fri May 9, 2014

Chiquita Blames Higher Costs, Weather For $25 Million First-Quarter Loss

Credit Jeremy Brooks https://creativecommons.org/licenses/by-nc/2.0/

Chiquita Brands International Friday reported a loss of $25 million in the first quarter, blaming increasing costs and extreme weather. But, the Charlotte-based company says it’s still on track to meet its 2014 goals.


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Local News
3:59 pm
Mon March 10, 2014

Merger Means Charlotte Will Share Chiquita With Dublin

Credit Julie Rose

Chiquita's merger with an Irish produce company will have a minimal impact on the number of jobs the banana giant keeps in Charlotte. The company currently employs about 300 people at its headquarters in uptown.


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DavidsonNews.net
9:47 am
Wed September 4, 2013

River Run In The Spotlight As The Chiquita Classic Comes To Town

Golfers practiced at Run Run Country Club Monday midday. The club is ready for its closeup.
Credit David Boraks / DavidsonNews.net

Groundskeepers were hard at work through the weekend and hundreds of local volunteers took up their posts Monday morning as River Run Country Club prepared to host the largest professional golf 

  tournament ever staged in Lake Norman – the Chiquita Classic. Club officials said more 25,000 tickets have been sold for the event, which kicked off with a pro-am tournament and practice rounds Monday and continues through Sunday, Sept. 8.

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