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CORAL GABLES, FLA. — Fresh Del Monte Produce Inc. overcame higher banana product and procurement costs, foreign currency headwinds and the lingering effects of a weak Chilean season to deliver strong results for the third quarter.
Net income attributable to Fresh Del Monte for the quarter ended Sept. 25 was $28.5 million, equal to 54c per share on the common stock, which was up 44% from $19.9 million, or 36c per share, for the year-ago period. Net sales advanced 5.8% to $936.1 million from prior-year sales of $884.6 million. Higher net sales in all of the company’s business segments and higher selling prices for other fresh produce contributed to the growth, which was partially offset by a $27 million exchange rate variance over the comparable quarter.

Source: www.foodbusinessnews.net

LOS ANGELES — As a resident of parched California, Angela Bassett is used to playing water warden at home.
“I’m a mom with (twin) kids, 9-year-olds, trying to teach them how to wash dishes, how to wash clothes” in a time of drought, the actress said. “And to turn out the lights. I feel like the father figure in ‘Long Day’s Journey into Night,’ saying, ‘Turn that light off!’”
As the director of “Water Apocalypse,” she’s talking to a bigger audience about water crises here and around the world and the technological advances that may help resolve them.
The hour-long program is part of “Breakthrough,” a six-part series on scientific innovation from filmmaking partners Ron Howard and Brian Grazer.

Source: www.washingtonpost.com