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CoolBrands Sues Weight Watchers/Well's Dairy for $360 Million CoolBrands International, Inc. has filed a lawsuit against Weight Watchers International, Inc. and Well's Dairy, seeking $360 million in damages over an alleged breach of a licensing agreement. Coolbrands, the maker of Eskimo Pies, said the deal includes the right to continue to use the trademark to sell out inventory through Sept. 28, 2005. The CoolBrands lawsuit alleges that Weight Watchers unlawfully entered into a licensing agreement with Well's Dairy in July, violating an agreement that it would not enter into future licensing agreements for its Weight Watchers trademark on frozen novelties and ice cream until the CoolBrands deal expired this September. promomagazine.com /news/breakingnews/coolbrands_sues_weight-watchers   (437 words)

Coolbrands 4th-Qtr Profit Flat, C$ Weighs   (Site not responding. Last check: 2007-10-05) Coolbrands International Inc., the maker of Eskimo Pie ice cream bars and other frozen desserts, reported a flat fourth-quarter profit on Tuesday as the stronger Canadian dollar melted the company's earnings. Coolbrands, which is in the middle of a legal dispute with Weight Watchers International Inc. over licensing rights to a dessert line, said it earned C$14.7 million, or 26 Canadian cents a share, for the period ended Aug. 31. For the fiscal year, Coolbrands earned C$48.8 million, or 87 Canadian cents a share, up from C$31.7 million, or 59 Canadian cents a share, in the previous year, which was in line with earlier company estimates. investmentsmagazine.com /ManageArticle.asp?C=120&A=9997   (327 words)

CANOE Money: CoolBrands International swings to Q3 loss of US$6.9M from year-ago profit   (Site not responding. Last check: 2007-10-05) Those two brands were CoolBrands' most profitable product lines last year, accounting for 53.3 per cent of total branded frozen dessert sales during last year's third quarter, compared with 19.5 per cent during the quarter just ended, executives said. CoolBrands has also commenced talks to refinance $50 million of bank debt due Nov. 1, used to fund its acquisition of the Breyer's Yogurt business in March. CoolBrands had filed suit against Weight Watchers and Wells' Dairy last summer in New York, seeking $360 million US in compensatory and punitive damages after losing its exclusive master licensing deal for the brand. money.canoe.ca /News/Other/2005/07/14/1131236-cp.html   (640 words)

Globeinvestor.com: CoolBrands International Inc. - Revised TSX Ticker Symbol CoolBrands International is a leader in the consumer products and franchising segments of the frozen dessert industry, marketing a diverse range of frozen dessert products under nationally and internationally recognized brand names. CoolBrands' subsidiary, Americana Foods, is a leading U.S. manufacturer and supplier of soft serve mixes, packaged ice cream, frozen yogurt and sorbet products and frozen novelties to well known national retailers, food companies and restaurant chains. CoolBrands also manufactures and sells a full line of quality flavours, chocolate coatings, fudge sauces, powders for chocolate milk, egg nog bases and other ingredients and flexible packaging products for use in private label dairy products in addition to the Company's brands. www.globeinvestor.com /servlet/ArticleNews/print/CNW/20041129/1211298731   (534 words)

COOLBRANDS Appoints New Independent Director, Approves Final Breyer's Financing :: Natural and Nutritional Products ... CoolBrands International competes in the consumer products and franchising segments of the frozen dessert industry, marketing a diverse range of frozen dessert products under nationally and internationally recognized brand names. CoolBrands' subsidiary, Americana Foods, is a leading U.S. manufacturer and supplier of soft serve mixes, packaged ice cream, frozen yogurt and sorbet products, frozen snacks and other food products to well known national retailers, food companies and restaurant chains. CoolBrands' Dairy Components Division manufactures and sells a full line of quality flavours, chocolate coatings, fudge sauces, powders for chocolate milk, egg nog bases and other ingredients and flexible packaging products for use in private label dairy products in addition to the Company's brands. www.npicenter.com /anm/anmviewer.asp?a=12035&z=34   (744 words)

Merrill Lynch - Markets - /markets_news_story/0,2263,{438A0FE3-5435-410C-95E9-67DD8E18F6E9},00.html   (Site not responding. Last check: 2007-10-05) CoolBrands International, a leading manufacturer of ice cream, frozen novelties and frozen desserts, launched the new line from Snapple that will actually fit in your freezer. Part of CoolBrands International's "Better for Kids" line of frozen snacks, Snapple on Ice is a good source of Vitamin C. They retail between $3 and $4 per box and are now available in grocery and convenience stores nationwide. CoolBrands International is a leading manufacturer and marketer in the frozen dessert industry, with a wide portfolio of nationally and internationally recognized brand names. askmerrill.ml.com /markets_news_story/1,2263,{438A0FE3-5435-410C-95E9-67DD8E18F6E9},00.html   (1062 words)

Investor's Business Daily: Breaking News CoolBrands adopted the U.S. dollar as its functional and reporting currency effective September 1, 2004, the commencement of fiscal 2005. CoolBrands adopted the U.S. dollar for its financial reporting since the majority of its business is conducted in the United States which will make comparisons between current and prior periods more meaningful to investors. CoolBrands' current ratio declined to 2.2 to 1 at November 30, 2004 from 2.6 to 1 at August 31, 2004. www.investors.com /breakingnews.asp?journalid=24986104   (1658 words)

CoolBrands International - Company Profile - Food Business Review   (Site not responding. Last check: 2007-10-05) Coolbrands' operations consist of four segments: the manufacture, sale, distribution and franchising and licensing of various products under various brand names. CoolBrands International is an ice cream company that markets many ice cream, frozen novelties and frozen desserts brands, and franchises and licenses frozen dessert outlets around the world. Coolbrands' food service division, operating under the name Americana Foods, is a manufacturer and supplier of premium soft serve ice cream and frozen yogurt to the foodservice industry. www.food-business-review.com /companyprofile.asp?guid=0B68A63B-7ABF-4E1E-A493-10BC503C71FA   (1175 words)

Processfood.com: News   (Site not responding. Last check: 2007-10-05) CoolBrands International Inc., a global leader in the frozen dessert industry, today reported its financial results for the year and fourth quarter ended August 31, 2001. In addition, CoolBrands franchises and licenses outlets operated under a Family of Brands including Yogen Fruz®, I Can't Believe It's Yogurt®, Bresler's® Ice Cream and Premium Frozen Yogurt, Swensen's® Ice Cream, Golden Swirl®, Ice Cream Churn® and Java Coast® Fine Coffees, with company-owned, franchised and non-traditional partnership locations in approximately 80 countries around the world. Eskimo Pie® Foodservice is a leading manufacturer and supplier of premium soft serve ice cream, frozen yogurt, custard and smoothies to the foodservice industry. www.foodprocessingmachinery.org /news/111901_c_03.cfm   (695 words)

Weight Watchers' Food Fight By Tim Beyers Aug 12, 2004 - Weight Watchers International Inc., H.J. Heinz Co., Coolbrands ...   (Site not responding. Last check: 2007-10-05) Yesterday, Coolbrands International, a Canadian dessert maker publicly traded on the Toronto stock exchange, sued Weight Watchers (NYSE: WTW) and Iowa-based Wells' Dairy, claiming the diet center unlawfully terminated an exclusive licensing deal. Coolbrands sells a variety of desserts, including Smart Ones ice cream bars and Eskimo Pies. Coolbrands' contract with Weight Watchers was due to expire next month, but a new deal couldn't be reached. articles.fool.com /coms2/summary_0268-mft04081209_ITM   (490 words)

CoolBrands International Inc. will buy Kraft Inc.'s yogurt business @ Vending Market Watch News at AMonline.com   (Site not responding. Last check: 2007-10-05) CoolBrands International Inc. has entered into an agreement to acquire the yogurt business of Kraft Foods, Inc. for approximately $59 million, according to PRNewswire. CoolBrands has begun delivering packaged ice creams and frozen novelties to retailers in certain geographic markets, but the vending initiative is largely undeveloped. CoolBrands could become a bigger resource to such specialists, and to full-line vending operators interested in expanding into ice cream vending. www.amonline.com /article/article.jsp?siteSection=1&id=13269   (429 words)

/C O R R E C T I O N - CoolBrands International Inc./   (Site not responding. Last check: 2007-10-05) For purposes of comparison, assuming the same average exchange rate for the year ended August 31, 2004 as was in effect for the year ended August 31, 2003, CoolBrands would have reported revenues of $715,682,000 for fiscal 2004, or approximately 11% greater than actually reported and net earnings of $54,379,000. If products for which CoolBrands received a drayage fee were accounted for at the equivalent wholesale sales value, CoolBrands' revenues would have been approximately $188,742,000 for the fourth quarter and $717,735,000 for fiscal 2004. CoolBrands is the pre-eminent company in the fast-growing "better-for-you" ice cream category with offerings such as fat free, non-dairy Whole Fruit(TM) Sorbet and new Atkins(R) Endulge(TM) controlled carbohydrate super premium ice cream. www.forrelease.com /D20041130/to057a.P1.11302004105128.16426.html   (1402 words)

Tropicana - Privacy Policy   (Site not responding. Last check: 2007-10-05) Protecting your privacy is important to Coolbrands International. When you supply Coolbrands International with your personal information, we may use it to correspond with you about Coolbrands International products and services, or provide technical assistance for your product. Coolbrands International is committed to preserve individual privacy rights on the Internet and in all aspects of electronic commerce. www.tropsmoothies.com /privacy   (318 words)

Frozen Food Age Magazine Online   (Site not responding. Last check: 2007-10-05) CoolBrands also objects to a press release on the agreement that referred to Wells as the "exclusive" manufacturer and distributor, saying the MLA remains in effect for 12 months after September 28. In a statement accompanying the announcement of the lawsuit, David Stein, president and CEO of CoolBrands, said, "The issue is clear cut: Weight Watchers broke their Agreement with us, and then tried to deceive our retailers into accepting a new product from Wells, in further violation of the terms of the agreement. CoolBrands will not be bullied by Weight Watchers, and we will hold them accountable for their attempt to damage our business. www.frozenfoodage.com /article_archives.asp?action=details&magarticle_id=1182   (2318 words)

GOVERNOR: COOLBRANDS ACQUIRES KRAFT FOODS YOGURT BUSINESS CoolBrands competes in the consumer products and franchising segments of the frozen dessert industry, marketing a diverse range of frozen dessert products under nationally and internationally recognized brand names. CoolBrands’ subsidiary, American Foods, is a leading U.S. manufacturer and supplier of soft serve mixes, packaged ice cream, frozen yogurt and sorbet products, frozen snacks and other food products to well known national retailers, food companies and restaurant chains. In consideration of the company’s commitment to New York State, CoolBrands is eligible for a $700,000 Capital Grant from Empire State Development and a $300,000 capital grant from the Governor’s Office for Small Cities to support its acquisition of the Kraft manufacturing facility. www.state.ny.us /governor/press/year05/may05_05-2.htm   (1023 words)

CoolBrands International Inc. Closes Offering Of Special Warrants   (Site not responding. Last check: 2007-10-05) Gross proceeds raised in the Coolbrands treasury offering are approximately $15,000,000, which proceeds, net of the underwriter's commission and expenses, of $14,120,000, was paid to Coolbrands at closing. In addition, Coolbrands franchises and licenses frozen dessert outlets operated under a Family of Brands including Yogen Fruz(R), I Can't Believe It's Yogurt(R), Bresler's(R), Swensen's(R), Golden Swirl(R), Ice Cream Churn(R), and Java Coast(R) Fine Coffees, with company-owned, franchised and non-traditional partnership locations in approximately 80 countries around the world. Coolbrands' Foodservice Division is a leading manufacturer and supplier of premium soft serve ice cream, frozen yogurt, custard and smoothies to the foodservice industry. www2.ccnmatthews.com /scripts/ccn-release.pl?/enews/2002/03/04/66176.html   (373 words)

CNW Group   (Site not responding. Last check: 2007-10-05) Given the recent events over the last two weeks regarding the master license agreement with Weight Watchers International, the company has not yet finalized its determination of whether to provide earnings guidance but expects to make a public announcement on this subject before the end of the current fourth quarter. About CoolBrands International: CoolBrands International is a leader in the consumer products and franchising segments of the frozen dessert industry, marketing a diverse range of frozen dessert products under nationally and internationally recognized brand names. CoolBrands is the pre-eminent company in the fast-growing "better- for-you" ice cream category with offerings such as fat free, non-dairy Whole Fruit(TM) Sorbet and new Atkins(R) Endulge(TM) controlled carbohydrate super premium ice cream. www.canadanewswire.ca /en/releases/archive/August2004/18/c2437.html   (492 words)

CoolBrands International-Weight Watchers International-Wells’ Dairy-license-dairy CoolBrands International Inc has filed a lawsuit against Weight Watchers International Inc and Wells’ Dairy in response to its alleged violation of Weight Watchers’ master license agreement (MLA) with CoolBrands. After that date, the MLA confers upon CoolBrands a non-exclusive right to continue using that trademark in the manufacture, sale, and distribution of ice cream and frozen novelty products until Sept 28, 2005. According to CoolBrands, the firms filed and publicized a legal action in which Weight Watchers sought in effect to rewrite the MLA and prematurely terminate it. refrigeratedtrans.com /news/CoolBrands-sues-Weight-Watchers   (202 words)

CNW Telbec   (Site not responding. Last check: 2007-10-05) That Agreement confers upon CoolBrands the exclusive right to use the Weight Watchers trademark in connection with the manufacture, sale and distribution of ice cream and frozen novelty products until September 28, 2004. Currently, CoolBrands' line of Smart Ones frozen novelties rank in the top 3 national brands, with sales increasing substantially in each of the past 6 years. CoolBrands is the pre-eminent company in the fast-growing "better- for-you" ice cream category with offerings such as fat free, non-dairy Whole Fruit(TM) Sorbet, Weight Watchers(R) Smart Ones(R) low-fat and fat-free frozen desserts and new Atkins(R) Endulge(TM) controlled carbohydrate super premium ice cream. www.cnw.ca /fr/releases/archive/August2004/11/c0301.html   (1433 words)

CoolBrands International, Inc. to end distribution of Weight Watchers(R) Smart Ones(R) frozen novelty products as of ... CoolBrands International, Inc. to end distribution of Weight Watchers(R) Smart Ones(R) frozen novelty products as of May 1, 2005 The settlement was reached between CoolBrands International, Inc., Weight Watchers International, Inc. (NYSE: WTW), and Wells' Dairy, Inc., thus concluding the pending litigation among the parties. About CoolBrands International: CoolBrands International competes in the consumer products and franchising segments of the frozen dessert industry, marketing a diverse range of frozen dessert products under nationally and internationally recognized brand names. www.prnewswire.com /cgi-bin/stories.pl?ACCT=109&STORY=/www/story/02-18-2005/0003030368&EDATE=   (920 words)

CoolBrands International Inc. reports operating results in U.S. Dollars for first quarter of fiscal 2005   (Site not responding. Last check: 2007-10-05) CoolBrands International Inc. reports operating results in U.S. Dollars for first quarter of fiscal 2005 TORONTO, Jan. 14 /PRNewswire-FirstCall/ -- CoolBrands International Inc. (TSX: COB.SV.A) announced today that revenues for the first quarter of fiscal 2005 declined to $100,484,000 by 3.3% from $103,902,000 for the same quarter last year. Individuals desiring to be in on the call are to contact Carla Aedo at carlaa@yogenfruz.com for the call in number and the required confirmation number prior to 3:00 PM Eastern time on Tuesday January 18, 2005. www.forrelease.com /D20050114/to169.P1.01142005184715.24031.html   (1340 words)

Food & Drink Weekly: CoolBrands International, Inc. (Business Briefs).(acquires Dreamery and Whole Food Sorbet brands ...   (Site not responding. Last check: 2007-10-05) Food & Drink Weekly: CoolBrands International, Inc. (Business Briefs).(acquires Dreamery and Whole Food Sorbet brands from Dreyer's)(Brief Article)@ HighBeam Research CoolBrands International, Inc. (Business Briefs).(acquires Dreamery and Whole Food Sorbet brands from Dreyer's)(Brief Article) The above preview is from Food & Drink Weekly, July 14, 2003. www.highbeam.com /library/doc0.asp?DOCID=1G1:105554814&refid=ip_encyclopedia_hf   (101 words)

CNW Group   (Site not responding. Last check: 2007-10-05) In that transaction CoolBrands also acquired substantially the entire Haagen-Dazs ice cream distribution system in the U.S. from Nestlé, including distribution assets in the States of Washington, Oregon, Florida, California, Pennsylvania, New Jersey, Utah, Minnesota, Georgia, Maryland, and the District of Columbia. In addition, CoolBrands franchises and licenses frozen dessert outlets operated under a Family of Brands including Tropicana(R), Swensen's(R), I Can't Believe It's Yogurt(R), Yogen Fruz(R), Bresler's(R), Golden Swirl(R), Ice Cream Churn(R), and Java Coast(R) Fine Coffees, with company-owned, franchised and non-traditional partnership locations in approximately 80 countries around the world. CoolBrands is speaking to certain institutional investors as a part of the Company's investor relations activities. www.newswire.ca /en/releases/archive/July2003/28/c5741.html   (547 words)

CNW Group CoolBrands announces four new brand licenses for frozen snacks CoolBrands International Inc. reports financial results for fourth quarter of fiscal 2004 CoolBrands schedules fourth quarter and 2004 year end results conference call and webcast www.canadanewswire.ca /en/releases/orgDisplay.cgi?okey=69672&pos=10   (167 words)

Reuters | Reuters.com A textual analysis of CoolBrands International Incorporated's financial statements, including company description and recent stock performance, versus Parkland Income Fund, AMSteel Corporation Berhad and Arden Group, Inc.. Coolbrands International Inc.: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis. Express Pulse -- CoolBrands International Inc.: Struggling with declining volumes and recently acquired fixed asset infrastructure www.investor.reuters.com /StockReports.aspx?ticker=COBSVA.to   (153 words)

Financials.com - Annual Reports, Stock Quotes and more In addition, CoolBrands will develop Crayola branded frozen treats in prepackaged containers ranging from pints to gallons. About CoolBrands: CoolBrands International is a leader in the consumer products and franchising segments of the frozen dessert industry, marketing a diverse range of ice cream, frozen novelties, and frozen desserts under nationally and internationally recognized brand names. CoolBrands is the pre- eminent company in the fast-growing "better-for-you" ice cream category. www.financials.com /info/story.cfm?storynum=1003819   (478 words)

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