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Chiquita Brands International to make bananas core focus
date:Sep 03, 2013
8 conference call to discuss second-quarter results with analysts and investors. Chiquita entered those businesses to offset volatility in the price of bananas, which make up 64.5 percent of the companys $3.1 billion in sales, Kim Noland, an analyst at Gimme Credit, said in an email. Chiquita lacked the know-how to compete in those areas and instead increased costs, she said.

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