InvestSource, Inc.: NutriPure Beverages, Inc. Discusses Funding Plans and Acquisitions

Aug 05, 2008 (M2 PRESSWIRE via COMTEX) -- RAH | Quote | Chart | News | PowerRating -- Stocks in the News: NutriPure Beverages, Inc. (Pink Sheets: NUBV), Ralcorp Holdings, Inc. (NYSE: RAH), Hormel Foods Corporation (NYSE: HRL), Campbell Soup Company (NYSE: CPB)

Aug 04, 2008 -- Kenyatto Jones, CEO of NutriPure Beverages, Inc. (Pink Sheets: NUBV), reported today that to date NutriPure has provided more than $700,000 to fund the final product completion and launch of its XND's Nu2O nutrient-enhanced bottled water products, and within the next two to three weeks expects to deliver all remaining funding necessary for the initial marketing release. Initial distribution of the Nu2O product line is on track to begin in October 2008 in the Southwest U.S., with nationwide expansion to occur over the following six to eight months and worldwide expansion beginning within the next one to two years, depending on continuation of funding and ongoing ramp-up requirements. The company also confirmed that it has been engaged in intensive and fruitful discussions this weekend with another company that it intends to acquire, whose business would be complementary to XND's, and that it expects to release further information about that later this week.

Aug 04, 2008 -- Today Ralcorp Holdings, Inc. (NYSE: RAH | Quote | Chart | News | PowerRating) announces the completion of its previously disclosed purchase of the Post cereals business from Kraft Foods Inc. The merger is valued at approximately $2.6 billion, including the issuance of Ralcorp common shares and the assumption of debt. Post is the third largest branded ready-to-eat cereal manufacturer in the United States with over 100 years of history in the industry. Post includes iconic brands such as Honey Bunches of Oats, Pebbles, Post Selects, Spoon Size Shredded Wheat, Grape-Nuts and Post Raisin Bran. The expanded Ralcorp includes a strong team of approximately 9,000 employees in North America, including Post's existing marketing and sales support team, which continues to be headquartered in New Jersey, and its existing R&D team, which continues to be located in Battle Creek, Michigan. Ralcorp acquired the Post cereal manufacturing plants in Battle Creek, Michigan; Jonesboro, Arkansas; Modesto, California; and Niagara Falls, Ontario, and retained the employees at these facilities. David P. Skarie, co-chief executive officer and president of Ralcorp, said, "We welcome the Post management team and employees to the Ralcorp family. Post cereals will become a key part of the Ralcorp businesses and will enhance Ralcorp's existing cereal offerings."

Aug 04, 2008 -- Jennie-O Turkey Store, Inc., one of the largest turkey processors and marketers in the world and a wholly-owned subsidiary of Hormel Foods Corporation (NYSE: HRL), today announced the launch of its redesigned Web site-www.jennieo.com. The site features several new sections as well as product nutrition information. "The site was redesigned to provide consumers a better way to interact with our products and learn more about the benefits of eating turkey," said Michael D. Tolbert, president, Jennie-O Turkey Store. "The new site features a contemporary design and a new healthy living section, which more closely align with the interests of our consumers." A feature designed to help Jennie-O Turkey Store consumers shop faster is the addition of icons identifying products that are gluten free as well as if the product is frozen, refrigerated or a deli item. There is also an icon identifying convenient products.

The site also features an improved search function and a more robust recipe section, which allows users to rate recipes, and e-mail and share recipes. A how-to' section also brings users cooking and technique videos, stress-free meal tips and meal planning tips.

Aug 04, 2008 -- Campbell Soup Company (NYSE: CPB | Quote | Chart | News | PowerRating) today announced the availability of its fiscal 2008 corporate social responsibility report, at www.campbellsoup.com. The report, "Nourishing People's Lives," describes Campbell's strategies, policies, programs and initiatives to bolster its commitment to corporate social responsibility, including environmental sustainability. "Earlier this year we affirmed our commitment to corporate social responsibility and environmental sustainability by developing a strategy specifically addressing this critical area," said Carl Johnson, Campbell's Chief Strategy Officer. "This report is an important first step that articulates where we are today and outlines our journey for the future." The 40-page report focuses on four areas of primary importance to Campbell's stakeholders. The first includes improving the nutritional value of products; delivering safe, high-quality, affordable and convenient foods; using consumer feedback to better serve their needs; and marketing products responsibly. The second discusses building on the heritage of minimizing the environmental impacts of operations through sustainable business practices that meet today's needs, while supporting the needs of future generations. The third talks about advancing policies and practices that attract a diverse group of talented employees and provide development opportunities and a culture in which every Campbell associate can flourish and make a difference. The last is based upon engaging communities where we live, work and market our products to help nourish the minds, bodies and spirits of neighbors and consumers. The structure and content of the report was informed by the Global Reporting Initiative (GRI)'s G3 Sustainability Reporting Guidelines. The report was printed with inks containing soy on Forest Stewardship Council (FSC) certified paper stock containing 20 percent post consumer waste content.

Market Wrap for August 4th, 2008

The stock market posted a steep decline on Monday as plunging crude oil and commodity prices caused a steep sell off in energy and material names, but did not translate into large gains in the broader market. Selling interest was also fueled by continued concerns regarding financials and a June personal income and spending report that showed higher-than-expected inflation. Crude prices plunged 3.0% to $121.30 per barrel and commodities as a whole tumbled 3.4%. There was no specific news item to account for the retreat, although there was speculation that a large hedge fund had to liquidate its positions. The energy sector (4.9%) fell on the retreat in crude prices. Likewise, material stocks slipped 4.2%. Lately, the stock market as a whole has rallied when the price of crude oil declined. This session, however, only saw modest buying interest on the drop in crude -- the transportation sector (-0.8%) was not even able to muster a gain. As a result, weakness in the materials and energy sectors offset the benefit that the rest of the stock market saw due to the drop in crude and commodity prices. Only three sectors posted a gain -- consumer discretionary (+0.5%), consumer staples (+1.2%) and health care (+1.3%). The drop in crude prices helped the financial sector recover from its session low when it was down 2.9%, although the sector still underperformed with a loss of 1.3%. In terms of economic news, the June personal income and spending report was mixed, with investors showing disappointment regarding the report's inflation component. Month-over-month, personal income rose 0.1% (-0.2% consensus), personal spending increased 0.6% (+0.4% consensus) and core PCE, the Fed's preferred inflation measure, rose 0.3% (+0.2% consensus). Total PCE is up 0.8% month-over-month. As a result, real spending and income actually fell in June. Separately, the latest factory orders report showed that the manufacturing sector is much healthier than is widely recognized. June total factory orders were up 1.7%, which is much stronger than the expected gain of 0.7%. Excluding transportation, orders rose 2.3%. Tuesday brings the widely anticipated FOMC announcement. The fed funds rate is expected to remain unchanged at 2.00%, so the wording of the Fed's directive will be the main trading catalyst.

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