|Bid||48.00 x 1400|
|Ask||52.95 x 1100|
|Day's Range||50.90 - 51.86|
|52 Week Range||48.89 - 74.69|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||31.16|
|Earnings Date||May 8, 2019|
|Forward Dividend & Yield||2.00 (3.77%)|
|1y Target Est||67.00|
During the fourth quarter the Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 7 percentage points as investors worried over the possible ramifications of rising interest rates. The hedge funds and institutional investors we track typically invest more in smaller-cap stocks than an average investor (i.e. only 298 S&P 500 […]
WHITE PLAINS, N.Y., April 10, 2019 /PRNewswire/ -- Bunge Limited (BG) will announce its results for the quarter ended March 31, 2019, on Wednesday, May 8, 2019, prior to the market opening. If you are located outside the United States or Canada, dial (412) 902-6506. Please dial in five to 10 minutes before the scheduled start time and enter confirmation code 6317202. The call will also be webcast live at www.bunge.com.
Commodities house Louis Dreyfus Company (LDC) announced a new chairman on Tuesday for its loss-making Brazilian sugar subsidiary Biosev, which has triggered other management changes at the group. Adrian Isman will take over as Chairman of Biosev with immediate effect, replacing Patrick Treuer who will remain on Biosev's board as vice-chairman while focusing on his role as LDC's Chief Strategy Officer, the group said.
Bunge Ltd NYSE:BGView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for BG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BG. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.24 billion over the last one-month into ETFs that hold BG are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. BG credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Isman will replace Patrick Treuer, who has stepped down as Biosev's Chairman to focus on his role as LDC's Chief Strategy Officer, the group said in a statement. Isman will retain his roles as Head of North America at LDC and Chairman of Calyx Agro Ltd. At the same time, Anthony Tancredi will replace Isman as head of LDC's Grains Platform, while Enrico Biancheri will take over Tancredi's previous role as head of the Sugar Platform.
LDC, one of the world's largest agricultural commodity traders, announced last September the surprise departure of Gonzalo Ramirez Martiarena, along with that of its finance chief, the latest in a series of management reshuffles under controlling shareholder Margarita Louis-Dreyfus. Citing people familiar with the matter, the FT said Ramirez's departure was the result of an attempt to start discussions with Glencore Agri, a joint venture between the Switzerland-based commodity trader and two Canadian pension funds. LDC and Glencore were not immediately available for comment.
NEW YORK, March 26, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
WHITE PLAINS, N.Y., March 13, 2019 /PRNewswire/ -- Bunge Limited (BG) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per common share. The dividend is payable on June 3, 2019 to shareholders of record on May 20, 2019. The company also declared a quarterly cash dividend of $1.21875 per share on its 4.875% cumulative convertible perpetual preference shares, payable on June 1, 2019 to shareholders of record on May 15, 2019.
The world's big four agriculture traders and Brazilian rival Amaggi could make a joint bid to operate a road connecting the country's grain belt to northern ports, while also considering an investment in a parallel railway, the firm that conducted a study on the potential venture said on Monday. Archer Daniels Midland Co (ADM), Bunge Ltd, Cargill Inc, Louis Dreyfus Co (LDC) and Amaggi have commissioned a study on operating a 968-kilometer stretch of the BR-163 highway for 10 years, according to infrastructure and logistics business development firm EDLP. Cargill referred questions to EDLP.
According to the GuruFocus All-in-One Screener, the following stocks have high dividend yields but performed poorly over the last 12 months. AllianceBernstein Holding LP's (AB) dividend yield is 9.07% with a payout ratio of 115%. Over the last 52 weeks, the share price has risen 10%.
With earnings season done, another government shutdown averted and the Federal Reserve signaling they plan on keeping interest rates steady for the time being, there’s only one lingering macroeconomic uncertainty hanging over the market heading into March, and that’s the U.S.-China Trade War. Using AI computational linguistics to extract meaning and interpret sentiment on headlines, articles and other relevant publications, the Yewno|Edge stock research platform allows traders to see which companies hold the highest degree of exposure to these latest trade developments. The market received a boost in the most recent development in the trade spat from President Donald Trump’s Twitter, Inc. (NYSE: TWTR) profile when he tweeted he plans on delaying a March 1 deadline on additional tariffs.
Bunge Ltd (NYSE:BG) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Bunge Ltd is an agribusiness and food company with integrated operations.
To receive further updates on this Lennar Corporation (NYSE:LEN) trade as well as an alert when it's time to take profits, sign up for a risk-free trial of Power Options Weekly today.This morning I'm recommending a bearish trade on Bunge Limited (NYSE:BG), a global agribusiness and food company.The major indices pulled back slightly yesterday, though my indicators continue to give strong bullish readings. As of this week, the S&P 500 has now retraced roughly 75% of the losses it incurred in the fourth quarter of 2018. I've mentioned before that bear-market rallies typically retrace about 50%-75% of the prior downside move.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWith that in mind, this still looks like a potential "bull trap" to me, so I am recommending a bearish put option as protection in case yesterday's pullback turns into a more meaningful decline. A Global Slowdown is Bad for BGThe European Central Bank (ECB) is all out of options when it comes to stimulating that region's economy. Interest rates are at or below zero in many countries around the world, leaving them with no additional tools to fight an economic slowdown.I also don't see a positive resolution to the U.S.-China trade situation. Even if a deal gets done, I don't think it's going to change much in terms of the outlook for the global economy. In my view, China is not going to be willing to give up any meaningful concessions to the United States on trade.BG has offices, packaging facilities and refineries all over the world, with heavy concentrations in Europe and Asia. BG has so much international exposure that a global slowdown will affect its performance. And right now, the technical picture looks just as bad. Making Lower Highs Since October 2018If we look at a daily chart for BG, we see that it is trading below its 50- and 200-day moving averages (MAs). Since it crossed below its 50-day MA in November of 2018, BG has been consistently making lower highs, and it hasn't tapped its 50-day MA in all that time. Daily Chart of Bunge Limited (BG) -- Chart Source: TradingViewBG is starting to find some support at just below the $52.50 level, but it also has a lot of overhead resistance. If it does tap its 50-day MA, it could be sent back down below support, and we would have a chance to collect profits. Therefore, I'm recommending a put option on BG.Buy to open the Bunge Limited (BG) April 18th $52.50 Puts (BG190418P00052500) at $1.45 or lower. Follow our Facebook page to receive each Trade of the Day direct to your News Feed -- and join the conversation.InvestorPlace advisor Ken Trester brings you Power Options Weekly, which delivers 5 new options trades and his latest trading advice to you each Friday. Trester has been trading options since the first exchanges opened in 1973 with a winning streak that goes back to 1984 with money-doubling average annual profits since 1990.Compare Brokers The post BG is Trading Below its 50- and 200-Day Moving Averages appeared first on InvestorPlace.
Bunge Ltd. said it is reviewing its businesses and may sell assets to improve profits at a volatile time for agricultural markets. The company, the world’s biggest soybean processor, is examining its global network of crop-loading terminals, food brands and processing plants after a weak performance in 2018 and pressure from investors. “Everything’s on the table to improve our returns,” acting Chief Executive Greg Heckman said Thursday on the company’s quarterly conference call.
Global grains merchant Bunge Ltd reported a fourth-quarter loss on Thursday after a truce in the U.S.-China trade war ruined the company's bets on Brazilian soy, sending shares down to a three-year low.
posted weaker-than-expected fourth quarter earnings Thursday and said it would drop guidance for individual business segments as the agriculture commodity trader continues both a strategic review and a search for a new CEO. "Although 2018 was a substantially better year than 2017, we are not satisfied with these results, and we know that Bunge has the global assets and people to perform better in the future," said chairwoman Kathleen Hyle.
Agribusiness and grains trader Bunge Ltd. shares fell 5.3% in premarket trade Thursday, after the company's quarterly profit and sales fell short of estimates. The company said it had a net loss of $65 million, or 51 cents a share, in the fourth quarter, after a loss of $60 million, or 48 cents a share, in the year-earlier period. Adjusted per-share earnings came to 8 cents, missing the FactSet consensus of 20 cents. Sales fell to $11.543 billion from $11.605 billion, also below the $11.659 billion FactSet consensus. "Although 2018 was a substantially better year than 2017, we are not satisfied with these results, and we know that Bunge has the global assets and people to perform better in the future," Non-executive Chair Kathleen Hyle said in a statement. The company is continuing a review of all its businesses with the aim of addressing underperforming assets and improving profitability and shareholder value, she said. The company's agribusiness, milling products and sugar and bioenergy divisions all posted losses. Agribusiness was hit by the reduced value of the company's Brazilian soybean onwership, due to China trade issues and demand issues that caused Brazilian soybean prices to converge with U.S. and Brazilian new crop prices. For sugar and bioenergy, results were "significantly below the Company's expectations, primarily due to the combination of sustained rain during the quarter, which negatively impacted sales and unit costs, and lower than expected ethanol prices," the company said. Bunge will no longer provide numerical guidance but instead offer directional guidance for the whole company. It is expecting its agribusiness results to be lower in 2019 than in 2018, based on the soy crush environment. Shares have fallen 29.8% in the last 12 months, while the S&P 500 has gained 3.1%.
On a per-share basis, the White Plains, New York-based company said it had a loss of 52 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 8 cents per share. ...
Global grains merchant Bunge Ltd on Thursday reported a wider quarterly loss, as it lost $125 million due to lower prices of its Brazilian soybean. The company's net loss available to shareholders widened ...