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Stock Market & Financial Investment News

News Breaks
November 14, 2012
16:12 EDTBG, SZYMSolazyme announces Joint Venture Expansion Framework with Bunge unit
Solazyme (SZYM) announced that it has entered into a Joint Venture Expansion Framework Agreement with Bunge Global Innovation, a wholly-owned subsidiary of Bunge Limited (BG). The agreement sets forth the intent of the partners to expand joint venture-owned oil production capacity at Solazyme Bunge Renewable Oils from the current 100,000 metric tons under construction in Brazil to 300,000 metric tons by 2016 at select Bunge owned and operated processing facilities worldwide. Also, the companies intend to expand the portfolio of oils to be produced out of their joint venture facility in Brazil. The expanded field and portfolio of oils would include certain tailored food oils for sale in Brazil, where Bunge is the largest supplier of edible oils through several of its retail brands. The parties intend to work together through joint market development to bring new healthy and nutritious edible oils to the Brazilian market. The parties anticipate negotiation of definitive agreements in the coming months.
News For SZYM;BG From The Last 14 Days
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May 29, 2015
10:57 EDTBGEPA to lower corn ethanol mandate, Bloomberg reports
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May 28, 2015
07:29 EDTBGCitigroup to hold a conference
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May 26, 2015
20:51 EDTBGCitigroup to hold a conference
Global Consumer Conference is being held in New York on May 27-28.
May 21, 2015
07:14 EDTBGBMO Capital to hold a conference
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May 20, 2015
10:03 EDTBGBunge repeats 2017 EPS target of about $8.50
Expects to maintain dividend increases in line with historical average. Sees about $200M EBIT run rate improvement by 2017 in Agribusiness, $125M EBIT run rate improvement in Food & Ingredients by 2017. Comments from slides that will be presented at the annual general meeting.
May 19, 2015
16:44 EDTBGBunge announces new $500M share repurchase plan, raises quarterly dividend
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16:42 EDTBGBunge announces new $500M share repurchase plan, raises dividend

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