52.05 0.00 (0.00%)
After hours: 6:50PM EDT
|Bid||52.07 x 900|
|Ask||52.05 x 800|
|Day's Range||51.94 - 52.96|
|52 Week Range||48.89 - 76.95|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||31.72|
|Earnings Date||Apr 30, 2019 - May 6, 2019|
|Forward Dividend & Yield||2.00 (3.78%)|
|1y Target Est||67.00|
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%.
Bunge Ltd NYSE:BGView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for BG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding BG are favorable, with net inflows of $6.20 billion. Additionally, the rate of inflows is increasing. 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 | NegativeThe current level displays a negative indicator. BG credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.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.
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 ...
WHITE PLAINS, N.Y. , Feb. 21, 2019 /PRNewswire/ -- Bunge Limited (NYSE: BG) today reported Q4 2018 and full-year 2018 results. Full-year 2018 GAAP EPS of $1.57 vs. $0.89 in the prior year; $2.72 vs. $1.94 ...
U.S. President Donald Trump's trade war with China has roiled agricultural markets and given the world's top grain merchants the one thing they have long claimed was essential to turn a trading profit: volatility. If anyone should have been a winner in the Trump administration's sweeping trade war, it should have been the ABCDs, said industry analysts.
Some of the world's major palm oil users, including Nestle, Unilever, and Mondelez, are trying out new satellite technology to track deforestation, as pressure grows on them to source the ingredient responsibly. Palm oil buyers have toyed with satellite imagery for years, but have now ramped up their use as they rush to meet a pledge of zero net deforestation by 2020, set by global umbrella body the Consumer Goods Forum.
Farmers have halted sales of Brazil's soybeans as port premiums swooned, the real currency strengthened and a pause in a trade war prompted top importer China to purchase soy from the United States, growers and trading companies said. Poor market conditions are also affecting planting decisions for Brazil's 2019/2020 crop that will be sown starting from September.
BRUSSELS/BUENOS AIRES (Reuters) - Argentina and the European Union (EU) reached an agreement to end a dispute over exports of biodiesel from the South American country to the bloc, the Argentine Ministry of Foreign Affairs said on Wednesday. The deal marks the end of a long trade dispute and could help bolster Argentina's critical soybean sector. Argentina is the world's top producer of soyoil, the main ingredient used to make biodiesel.