Corporate Governance

The U.S. District Court for the Eastern District of California in Fresno found that the USDA acted arbitrarily and capriciously and exceeded its statutory authority when it decided in June 2000 to allow Argentine citrus into the United States, according to Pierre Tada, co-chair of the U.S. Citrus Science Council (USCSC).

Unilever announced that the sale of its North American seafood business to Nippon Suisan (USA) Inc., a subsidiary of Nippon Suisan Kaisha Limited for $175 million in cash has been completed.

Procter & Gamble announced on Tuesday its intent to sell the Comet global trademark and retail business in North America to Prestige Brands International Inc.

In Store Media Systems Inc. announced on Monday that John Watkins, executive vice president of new business development for Acosta Sales and Marketing Inc., has been nominated by the ISMS Board of Directors to become a director.

Wal-Mart Stores Inc. announced on Monday that Ronald Chomiuk has joined the company as vice president, pharmacy operations. Chomiuk most recently served as senior vice president of pharmacy for Kmart Corp

Peapod, Stop & Shop work toward a profitable online shopping model in Norwalk, Conn.

Catalina Marketing Corporation and Pathmark Stores Inc. have announced the launch of the ValuLink program to expand the benefits of Pathmark's Advantage Club Card.

Safeway Inc. on Friday reported net income of $309.2 million ($0.60 per share) for the third quarter ended September 8, 2001.