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Stock Market & Financial Investment News

News Breaks
May 1, 2014
06:39 EDTBGBunge reports Q1 adjusted EPS (12c), may not compare to consensus $1.42
Reports Q1 revenue $13.46B, consensus $15.13B. Soren Schroder, Bunge's CEO stated, "Q1 was slower than expected, but our outlook for the remainder of the year is positive. Results in the quarter were primarily impacted by losses in our grain trading & distribution business that are behind us and a temporarily depressed crushing environment in China."
News For BG From The Last 14 Days
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January 12, 2015
12:02 EDTBGUSDA cuts 2014 corn output estmate on lower yields
In its latest World Agricultural Supply and Demand Estimates, or WASDE, report, the U.S. Department of Agriculture said its U.S. feed grain supplies for 2014/15 are now projected lower, with a reduction in corn production more than offsetting an increase in sorghum. Corn production is estimated 191M bushels lower, though yield and production both remain records, USDA noted. Publicly traded companies in the space include Agrium (AGU), Andersons (ANDE), Archer Daniels (ADM), Bunge (BG), CF Industries (CF), Compass Minerals (CMP), DuPont (DD), Intrepid Potash (IPI), Monsanto (MON), Mosaic (MOS), Potash (POT) and Syngenta (SYT). Reference Link

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