Brambles Limited

Brambles Limited to Lose ConAgra Business in US


Brambles Limited (BXB), one of the leading support service provider which is running operations in more than 45 countries has declared that it is going to lose its US based business of ConAgra. However, the company also added that the loss is not going to have any effect on its 2010 accounts as the food company does represent a significant portion (less than 1 percent) of the annual sales of Brambles.

Week 13 Worst Performers


Incitec Pivot (IPL), an Australian global chemical company that mainly focuses on the production, trading and supply of fertilizers and chemicals was the worst performer of the ASX100 list for the 13th week of 2010. The company had a market capitalisation of $5378.5 million and lost 4.6 percent or 16 cents to its stock price closing for the week at $3.31.

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