Vita Food Products, Inc. (VSF) - 500 Beiträge pro Seite

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Profile:Vita Food Products, Inc. and its subsidiaries, engage in the production and sale of specialty food products in the United States, Canada, and Mexico. It offers herring products, cured and smoked salmon products, honey products, salad dressing products, and various ready to eat specialty food products. The company also produces and markets marinades, steak sauce, hot sauces, pasta sauce, and other gourmet cooking sauces, as well as molasses, baking mixes, syrups, condiments, cider, mustard, jams, jellies, preserves, beverages, and gift basket products. It also distributes various complementary products, including spreads and condiments, such as cream cheese with smoked salmon, shrimp cocktail, horseradish products, and cocktail and tartar sauces. The company offers its products through a national distribution network of retail and institutional/food service brokers to supermarket chains and wholesale clubs, as well as for institutional/food service operations, such as restaurant chains, hotels, country clubs, cruise lines, and other bulk purchasers. Vita Food Products was incorporated in 1928 and is based in Chicago, Illinois.

http://www.vitafoodproducts.com/

[Buddah]

gestern erst auf diese Firma "gestossen"...in die Watchlist aufgenommen und nun?


gruss b.

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Vita Releases Fiscal 2006 Guidance
Thursday January 12, 9:57 am ET


CHICAGO, Jan. 12 /PRNewswire-FirstCall/ -- On Thursday, January 12, 2006, Vita Food Products, Inc. (Amex: VSF - News) released its fiscal 2006 outlook, with earnings expected to range from $0.20 to $0.24 per share based on increased sales as a result of new customers and new product introductions, as well as greater efficiencies at both of its facilities. This compares to an anticipated loss for fiscal 2005, which includes a $301,000 charge, net of an income tax benefit, to account for the costs associated with the material reduction in the duties of a senior executive officer.
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On December 29, 2005, the Board of Directors exercised its right to terminate the employment agreement of Clark L. Feldman, the Company`s Executive Vice President, effective December 31, 2006 in accordance with the terms of that agreement. The Board has also decided to substantially reduce the duties to be provided by Mr. Feldman in 2006.

Steve Rubin, the Company`s chairman and chief executive officer, stated, "Buddy Feldman and I have worked as partners in operating this company for the last 24 years. We recognize Buddy`s very significant contributions to the Company`s growth and success during that time and intend to continue to rely on his counsel and wisdom in 2006." Mr. Rubin also said that, "Vita is very pleased with the results of its 2005 efforts to reduce costs and add customers and is looking forward to a successful 2006 with the help of new key personnel."

The Vita Seafood division is a U.S. leader in the herring and retail packaged salmon markets, and is engaged in several other food segments, including cream cheese, cocktail sauce, tartar sauce and horseradish. The Company markets and sells these items under the Vita®, Elf® and Grand Isle® brands. More than 95% of Vita Seafood`s sales are in kosher foods.

Vita Specialty Foods, Inc., the Company`s wholly owned subsidiary, combines the products of former entities The Virginia Honey Company and The Halifax Group, Inc. Virginia Honey was a manufacturer and distributor of honey, salad dressings, including its` award-winning Virginia Brand Vidalia® Onion Vinegarette salad dressing, cooking sauces, jams & jellies, and gift baskets. Halifax was a manufacturer and distributor of licensed brand-named products including the world-renowned Jim Beam® brand of steak sauce, barbeque sauce, marinades, salsas and Kahlua®, and Courvoisier® Gourmet Collections. Halifax also marketed, manufactured and distributed the award- winning Scorned Woman® gourmet food line, the Oak Hill Farms® line of salad dressings and various gourmet products and branded gift items.

The common stock of Vita Food Products, Inc. is currently traded on the American Stock Exchange and Chicago Stock Exchange under the ticker symbol VSF.

This release contains forward-looking statements about the Company`s future growth, profitability, customers and competitive position. Any such statements are subject to risks and uncertainties, including but not limited to:


-- changes in economic and market conditions;
-- industry competition;
-- raw material availability and prices;
-- the success of new product introductions;
-- the potential loss of large customers or accounts;
-- downward product price movements;
-- changes in energy costs;
-- integration and management of acquired businesses;
-- the seasonality of Vita`s business;
-- the Company`s ability to attract and retain key personnel;
-- the potential impact of claims and litigation; and
-- the dietary habits and trends of the general public.

In light of these and other risks and uncertainties, the Company makes no representation that any future results, performance or achievements expressed or implied in this release will be attained. The Company`s actual results may differ materially from any results expressed or implied by the forward-looking statements.




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Source: Vita Food Products, Inc.

[scopus]

saubillig!

nach den zahlen!

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[scopus]

weiter einsammeln

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02/07/2006 (15:09 ET) VSF: Price Target Raised from $3.00 to $3.15; Speculative Buy Rating Reiterated (Dutton)


http://www.knobias.com/research.pdf?id=3537

[scopus]

weiter kaufen


zu billig

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Vita Food Products Announces Equity Investment
Friday February 17, 9:27 am ET


CHICAGO, Feb. 17 /PRNewswire-FirstCall/ -- Vita Food Products, Inc. (Amex: VSF - News) today announced that it has entered into agreements pursuant to which five individuals or their affiliated entities will invest a total of $2,500,000 in the Company. The investors will receive units consisting of an aggregate of 1,000,000 shares of common stock; three-year warrants to purchase 500,000 shares of common stock at an exercise price of $5.00 per share; and five-year warrants to purchase an additional 500,000 shares of common stock at an exercise price of $7.50 per share. The investors include the following: (i) Stephen D. Rubin, the President and a director of the Company, (ii) Clifford K. Bolen, the Chief Operating Officer and Chief Financial Officer of the Company, together with certain of his affiliates, (iii) Delphi Casualty Co., of which Glenn S. Morris, a director of the Company, owns a 44% equity interest, (iv) a trust of which John C. Seramur, a director of the Company, serves as trustee, as well as (v) one unrelated third-party investor.
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The transactions are subject to the Board of Directors` receipt of a fairness opinion from an investment banker or other acceptable party, and to approval by the American Stock Exchange.

Upon the closing of the transactions, Messrs. Rubin and Bolen as well as Terry W. Hess, the President of the Company`s wholly owned subsidiary and a director of the Company, will be appointed to a newly established Office of the Chief Executive in lieu of their current positions. Mr. Rubin will also serve as the non-executive Chairman of the Board. His employment agreement will be amended to reflect a reduction in salary and duties, and an extension of the term to 2009. In addition, Mr. Bolen will enter into an employment agreement with the Company.

Commenting on the investments, Mr. Rubin stated, "We are very pleased that several of our officers and directors have elected to invest in the Company. This indicates our strong belief in Vita Food Products and its future. We intend to use the funds to reduce debt, increase working capital and allow the Company to consider potential expansion, including through acquisitions."

The Vita Seafood division is a U.S. leader in the herring and retail packaged salmon markets, and is engaged in several other food segments, including cream cheese, cocktail sauce, tartar sauce and horseradish. The Company markets and sells these items under the Vita®, Elf® and Grand Isle® brands. More than 95% of Vita Seafood`s sales are in kosher foods.

Vita Specialty Foods, Inc., the Company`s wholly owned subsidiary, combines the products of former entities The Virginia Honey Company and The Halifax Group, Inc. Virginia Honey was a manufacturer and distributor of honey, salad dressings, including its award-winning Virginia Brand Vidalia® Onion Vinegarette salad dressing, cooking sauces, jams & jellies, and gift baskets. Halifax was a manufacturer and distributor of licensed brand-named products including the world-renowned Jim Beam® brand of steak sauce, barbeque sauce, marinades, salsas and Kahlua®, and Courvoisier® Gourmet Collections. Halifax also marketed, manufactured and distributed the award- winning Scorned Woman® gourmet food line, the Oak Hill Farms® line of salad dressings and various gourmet products and branded gift items.

The common stock of Vita Food Products, Inc. is currently traded on the American Stock Exchange and Chicago Stock Exchange under the ticker symbol VSF.

This release contains forward-looking statements about the Company`s future growth, profitability, customers and competitive position. Any such statements are subject to risks and uncertainties, including but not limited to:


-- changes in economic and market conditions;
-- industry competition;
-- raw material availability and prices;
-- the success of new product introductions;
-- the potential loss of large customers or accounts;
-- downward product price movements;
-- changes in energy costs;
-- integration and management of acquired businesses;
-- the seasonality of Vita`s business;
-- the Company`s ability to attract and retain key personnel;
-- the potential impact of claims and litigation; and
-- the dietary habits and trends of the general public.

In light of these and other risks and uncertainties, the Company makes no representation that any future results, performance or achievements expressed or implied in this release will be attained. The Company`s actual results may differ materially from any results expressed or implied by the forward-looking statements.




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Source: Vita Food Products, Inc.

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VSF VITA FOOD PRODUCTS SERAMUR JOHN C (Director) B 100,000 2.50 250,000 11:34:55 2006-01-25

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fetter Insiderkauf!!!!
100.000 zu 2,50$!

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[tereesa]

könnte was werden

[Chipdesign]

chart sieht gut aus

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A-B extends Bud brand to barbecue sauce
Monday May 8, 12:06 pm ET


Anheuser-Busch Inc. has licensed its Budweiser brand to Vita Food Products Inc. for use in a line of sauces.
The Budweiser line of sauces include a basting sauce, two barbecue sauces and a wing sauce, A-B said in a release Monday.

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Financial terms were not disclosed. Vita Food Products will distribute the new line in time for the Fourth of July sales period.

Randall Blackford, director of Budweiser marketing for Anheuser-Busch Inc., said in a statement, "There are few things as distinctly American as Budweiser and barbecuing, and our line of Budweiser-branded sauces provides another way for home cooks and grillers to add flavor to their dishes."

Budweiser is a key ingredient in the creation of the sauces, according to the release. Vita Food Products has confirmed the alcohol content after production meets all government requirements to be classified as a nonbeverage food product, A-B said.

The sauce recipes were created by a team of chefs led by Certified Executive Chef Brent Wertz at Anheuser-Busch's Kingsmill Resort in Williamsburg, Va., in conjunction with A-B brewmasters.

The Budweiser sauces will be marketed through grocery, gourmet and convenience stores, and in casual dining chains.

Chicago-based Vita Food Products Inc., through its Vita Specialty Foods subsidiary, makes and distributes food products, including honey, salad dressings and cooking sauces.

Anheuser-Busch Inc., the largest domestic brewer, is the brewing subsidiary of St. Louis-based Anheuser-Busch Cos. Inc. (NYSE: BUD - News), which manufactures and recycles aluminum cans and operates theme parks.

Published May 8, 2006 by the St. Louis Business Journal