SAO PAULO, Aug 3 (Reuters) - Archer Daniels Midland Co expects profit margin in Brazil's soy production to fall to 122.20 reais ($35.42) per hectare in the upcoming 2015/16 season from 539.03 reais in 2014/15, the company's South America President Valmor Schaffer said at an event in Sao Paulo on Monday.
($1 = 3.45 reais) (Reporting by Gustavo Bonato; Writing by Caroline Stauffer; Editing by Bernadette Baum)
Finance expert Suze Orman has voiced concerns about the impact of climate change on property insurance costs, asserting it could threaten the American dream of homeownership. Orman, 72, faced a $28,000 annual insurance quote for her Florida oceanside condo, leading her to forego coverage entirely. She highlights a troubling trend where soaring insurance costs driven by frequent and severe weather events may deter Americans from buying homes. Don't Miss: For many first-time buyers, a house is abo
Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
Six teams managing nearly $15 billion in total assets quit JPMorgan Chase’s brokerage unit to join competitors last Friday. Here’s what may have triggered their departures.
The energy sector is going through a big transition, but these two industry giants are trying to change along with it.
Data-center coolant systems specialist Vertiv soared Wednesday on strong earnings. It's a good sign for AI stocks like Nvidia and Super Micro.
A Russian court has ordered the seizure of funds in JPMorgan Chase bank accounts in Russia, court filings showed on Wednesday, in a lawsuit filed by state-owned bank VTB as it seeks to regain funds blocked abroad. JP Morgan Chase last week sued VTB in New York to halt its efforts to recover $439.5 million from an account that was blocked after Russia despatched its army to Ukraine in 2022 and VTB was hit with sanctions.
After Congress approved billions of extra funding for tax compliance, the Internal Revenue Service pledged it would get tougher on rich taxpayers and corporations while avoiding extra scrutiny of middle-class households.
This up-and-coming digital bank is ready to start generating outsized profits.
AT&T stock climbed after Q1 earnings fell from a year earlier but topped estimates. Revenue slightly missed.
CEO Larry Ellison said the relocation will help the company better integrate with the healthcare industry.