|Bid||0.00 x 0|
|Ask||248.05 x 0|
|Day's Range||248.05 - 248.05|
|52 Week Range||160.00 - 273.15|
|PE Ratio (TTM)||70.91|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
U.S. agricultural trader Bunge Ltd said on Friday its North American operating unit has agreed to terminate a share subscription agreement with Mexico's Grupo Minsa SAB de CV. The share subscription agreement would have given Bunge North America a controlling financial interest in Minsa. Discussions had been previously suspended due to delays in obtaining authorizations during which, a change in Minsa's business model in Mexico led the two companies canceling the transaction.
ST. LOUIS , Nov. 17, 2017 /PRNewswire/ -- Bunge North America ("Bunge"), the North American operating arm of Bunge Limited (NYSE: BG), announced today that Bunge and Grupo Minsa S.A.B. de ...
LONDON, UK / ACCESSWIRE / November 16, 2017 / Pro-Trader Daily takes a closer look at Bunge Ltd (NYSE: BG ) as the Company's stock will begin trading ex-dividend on November 17, 2017. In order to capture ...
U.S. agricultural giant Bunge Ltd said on Wednesday it would reshuffle its business structure from five operating units to three regions - North America, South America, and Europe and Asia. Todd Bastean ...
- Simplifying organization from five operating companies to three regions - New structure will streamline organization, further leverage global scale and increase focus on customers and growth WHITE PLAINS, ...
WHITE PLAINS, N.Y. , Nov. 8, 2017 /PRNewswire/ -- Bunge Limited (NYSE: BG) today announced that Soren Schroder , CEO, will address the Morgan Stanley Global Chemicals and Agriculture Conference in Boston ...
Big U.S. grain processors are slashing costs and restructuring after five years of back-to-back bumper crops, low domestic prices and crowded export markets.
U.S. grain handlers are making further cuts to operating costs even as they point to signs that a bruising slump driven by a global food commodities glut may be nearing a bottom. Bunge Ltd, Archer Daniels Midland Co and Andersons Inc have all said conditions appear to be getting better for grains processing and handling, after four years of massive harvests reduced price volatility and clipped margins. "I'm optimistic that we are, if not at the bottom, very close to it," Bunge Chief Executive Soren Schroder said on a conference call on Wednesday, after the company posted a 28 percent decline in quarterly income on flat revenue.
Bunge Ltd may be able to get the best value for its Brazilian sugarcane milling business by launching an initial public offering of the unit, Chief Executive Soren Schroder said on Wednesday, four years after he began exploring a sale. Schroder is weighing an IPO as a global oversupply of crops has hammered profits in the core grain trading and processing units of Bunge and its chief rivals, forcing rounds of cost-cutting that look to spill into 2018. "It appears to be a way in which we can best get a fair value for the assets," Schroder said about an IPO, speaking in an interview after the company posted lower year-on-year profits for the third quarter in a row.
U.S. agricultural giant Bunge Ltd on Wednesday forecast lower full-year earnings in its core agribusiness unit after posting a third-quarter profit that fell 28 percent on flat revenue. A global crops oversupply has hammered profits for grain trading and processing. "The third quarter was better than the second and the fourth quarter will be better than the third," Chief Executive Soren Schroder said in an interview.
Bunge Ltd has hedged about half of its sugar sales next year and about 75-80 percent this year, the agribusiness company's chief financial officer told investors on Wednesday. "(F)or this year, we have hedged about 75-80 percent of our sugar sales and looking into next year, we are getting to the 50-percent-range plus," CFO Thomas Michael Boehlert said on a conference call to discuss third-quarter earnings.
On a per-share basis, the White Plains, New York-based company said it had net income of 59 cents. Earnings, adjusted for one-time gains and costs, were 75 cents per share. The results did not meet Wall ...
U.S. agricultural commodities trader Bunge Ltd said on Wednesday third-quarter profit fell 27.5 percent on higher costs. Net income available to shareholders fell to $84 million, or 59 cents per share, ...
WHITE PLAINS, N.Y. , Nov. 1, 2017 /PRNewswire/ -- Bunge Limited (NYSE: BG) Q3 GAAP EPS of $0.59 vs. $0.79 last year, $0.75 vs $0.73 on an adjusted basis Agribusiness improved sequentially and year-over-year, ...
NEW YORK, Oct. 31, 2017-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Invesco ...
A protein shortfall in this year's U.S. soybean crop has forced processors like Bunge Ltd to cut the amount of the nutrient they can guarantee in soymeal, prompting concerns that animal feed costs and meat prices could rise. Adverse crop weather this summer likely dragged down the protein content of soybeans, prompting concern that the soymeal produced at crushing facilities will be light on protein and other key nutrients, traders and agriculture experts said. "The pig doesn't care if it's a low-protein crop or not," said Charles Hurburgh, professor of agricultural engineering at Iowa State University.
Glencore has a standstill agreement that temporarily prevents it from making a hostile bid for Bunge, according to people familiar with the matter, raising the possibility Glencore will renew its effort ...
Shares of U.S. commodities trader Bunge Ltd surged on Friday after the Wall Street Journal reported that Glencore PLC had a standstill agreement that temporarily prevents the Swiss company from making a hostile bid for Bunge. Bunge had rebuffed a takeover approach by Glencore in May. Speculation has swirled for months that Glencore would make another takeover approach. The standstill agreement suggests it is still interested in a deal and may be only biding its time, the newspaper said.
WHITE PLAINS, N.Y., Oct. 4, 2017 /PRNewswire/ -- Bunge Limited (BG) will announce its results for the quarter ended September 30, 2017, on Wednesday, November 1, 2017, prior to the market opening. Bunge Limited's management will host a conference call at 8:00 a.m. EDT on Wednesday, November 1, 2017 to discuss the company's results. Additionally, a slide presentation to accompany the discussion of results will be posted on www.bunge.com.
Global commodities trader Cargill Inc reported a 14 percent rise in quarterly profit on Wednesday as strong beef demand and ample supplies of cattle lifted earnings for its animal nutrition and protein segment for a fifth straight quarter. The gains in protein offset a weaker year-on-year result for Cargill's origination and processing unit as huge global grain stocks weighed down commodity prices and minimized market volatility, limiting trading opportunities.
Another key factor: China - the world's second-biggest corn grower - adopted stockpiling policies a decade ago when crop supplies ran thin, resulting in greater production than the world needs. "I think the norm is where we are now," said Bryan Agbabian, director of agriculture equities at Allianz Global Investors. Allianz investors seem to agree: The value of two agriculture equity funds that Agbabian manages fell to $300 million (224.03 million pounds) this year from $800 million in 2011 as crop prices slid, he said.
U.S. grains trader Bunge Ltd issued $1 billion of debt to replace a credit line financing a $946 million investment in a Malaysian palm oil company on Monday. It is paying $946 million for a 70 percent stake in IOI Loders Croklaan and had said, when it announced that deal on Sept. 12, that it would use a $900 million credit facility to help pay for it. On Monday, Bunge said the credit facility would be terminated once the debt issue was finalized.
WHITE PLAINS, N.Y. , Sep. 18, 2017 /PRNewswire/ -- Bunge Limited (NYSE: BG) today announced that Bunge Limited Finance Corp., its wholly owned finance subsidiary, has priced a public offering of $400 million ...