Corporate Governance

Altria Group Inc. announces the distribution ratio for its previously announced spin off of Kraft Foods Inc. Altria shareholders received approximately 0.69 of a share of Kraft for each share of Altria common stock held.

Coty Inc. signs an agreement with actress Katherine Heigl to be the face of the first new women's fragrance from Nautica, following the signing of a global licensing agreement to create new fragrances and beauty products.

The Scotts Miracle-Gro Company announces that Jan Valentic has joined the company as senior vice president, Marketing.

Wal-Mart Stores Inc. released the initial results of its Packaging Scorecard, which evaluates Wal-Mart and Sam's Club suppliers on the sustainability of their packaging and offers suggestions for improvement.

Welch's determined that its internal IT staff was needed to implement and support a new Oracle ERP solution, leaving insufficient resources to maintain and support its existing Electronic Data Interchange (EDI) system. Rather than hire additional staff to manage the EDI system, Welch's elected to outsource this capability to SPS Commerce, a trading partner integration center offering fully outsourced EDI and Catalog functions.

Bare Escentuals, one of the fastest growing premium cosmetic companies in the United States, is using the Oracle E-Business Suite to establish a platform for long-term growth while also addressing immediate business needs around improved inventory visibility and operational efficiency.

Kmart, a wholly owned subsidiary of Sears Holdings Corporation, adds 32 new products to its assortment of private label beverages under the American Fare brand name.

Ce De Candy Inc., manufacturer and distributor of Smarties, implements an enterprise mobility solution from Motorola Inc. and PartnerSelect Solution Provider Portable Technology Solutions (PTS) to meet the FDA's new Food Bioterrorism regulation while also increasing the efficiency and accuracy of manufacturing processes throughout its supply chain and warehouse.