Ticker	Volume	Price	Price Delta
DJIA	15,307.20	-80.41	-0.52%
S&P 500	1,655.35	-13.81	-0.83%
Nasdaq	3,463.30	-38.82	-1.11%

Ticker

Volume

Price

Price Delta

DJIA

15,307.20

-80.41

-0.52%

S&P 500

1,655.35

-13.81

-0.83%

Nasdaq

3,463.30

-38.82

-1.11%

Ticker	Volume	Price	Price Delta
STOXX 50	2,835.01	+13.36	0.47%
FTSE 100	6,840.27	+36.40	0.53%
DAX	8,530.89	+58.69	0.69%

Ticker

Volume

Price

Price Delta

STOXX 50

2,835.01

+13.36

0.47%

FTSE 100

6,840.27

+36.40

0.53%

DAX

8,530.89

+58.69

0.69%

Ticker	Volume	Price	Price Delta
Nikkei	15,627.30	+246.24	1.60%
Hang Seng	23,261.10	-105.29	-0.45%
S&P/ASX 200	5,165.37	-14.69	-0.28%

Ticker

Volume

Price

Price Delta

Nikkei

15,627.30

+246.24

1.60%

Hang Seng

23,261.10

-105.29

-0.45%

S&P/ASX 200

5,165.37

-14.69

-0.28%

Foodcorp Reach Settlement With South African Antitrust Body

By Jaco Visser - 2012-12-12T10:06:34Z

New Foodcorp Holdings (Pty.) Ltd., a South African food producer, reached a settlement with the nation’s antitrust authorities for fixing grain product prices between 1999 and 2007.

The closely held Johannesburg-based company was fined 88.5 million rand ($10 million) by the Competition Commission for fixing the prices of milled white corn and milled wheat, it said in an e-mailed statement today. The fine will be paid in equal tranches over the next three years, Foodcorp said.

“This matter relates to behavior which ended in 2007 and which has caused great embarrassment to Foodcorp,” Chief Executive Officer Justin Williamson said in the statement. “We have learnt a very unpleasant lesson.”

Pioneer Foods Group Ltd. (PFG), a competitor, was fined 1.05 billion rand in 2010 in the same case.

To contact the reporter on this story: Jaco Visser in Johannesburg at avisser3@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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