Latest Bunge Ltd News and Updates
What Do Analysts Recommend for Archer Daniels Midland?
Now, ~8% gave Archer Daniels Midland a “buy” rating. No analysts rated it a “sell.” The average target price for the company fell to $36.60 as of April 26.
Archer Daniels Midland Announces New Expansion Plan
Archer Daniels Midland fell 0.65% to close at $44.46 per share on January 10. Its weekly, monthly, and YTD price movements were -3.8%, -3.3%, and -2.6%.
Market Conditions Continued to Impact ADM’s Revenue in 2Q16
Archer Daniels Midland’s (ADM) revenue fell 9% YoY (year-over-year) to $15.63 billion in 2Q16—compared to $17.19 billion in the same quarter last year.
Strong Resistance Pushed Corn Prices Lower
March corn futures prices were trading near the crucial resistance level of 370 cents per bushel on January 21, 2016.
Bunge Limited Rose on Positive News of Avoiding Labor Strikes
Bunge Limited (BG) has a market cap of $7.3 billion. BG rose by 5.2% to close at $51.33 per share as of February 22, 2016.
Argus Downgraded Archer-Daniels Midland to ‘Hold’
Archer-Daniels Midland (ADM) has a market cap of $19.3 billion. ADM rose by 2.6% to close at $32.45 per share as of February 12, 2016.
Will Bunge’s Acquisitions Help Revive Its Segment Margins?
Bunge North America, the North American operating segment of Bunge Limited (BG), announced that it had acquired Whole Harvest Foods.
How Bunge Is Creating Value from Segment Synergies
Bunge’s (BG) Agribusiness segment processes oilseeds into vegetable oils.
Archer Daniels Midland Stock Gained since Its 1Q16 Earnings
Archer Daniels Midland (ADM) is slated to report its 2Q16 results on August 2 before the market opens. The stock has gained 12% since its last quarter results.
Why Bunge Might Report a Drop in Revenue in 1Q16
Analysts are expecting revenue to be $10.1 billion for fiscal 1Q16. This represents a fall of 6% compared to 1Q15 revenue of $10.8 billion.
Wall Street Analysts’ Take on Bunge before Its 2Q16 Earnings
Around 61% of analysts now rate Bunge as a “buy” and 39% rate it as a “hold.” No analysts rate it as a “sell.”
Bunge Expects Resurgence of Commodities to Drive 2016 Growth
Bunge’s (BG) 1Q16 earnings were consistent with its guidance and beat earnings estimates by 78%.
Sorghum: Prices Fall and Production Is Expected to Rise
The total sorghum production in the world is expected to be about 54.1 million metric tons in the 2014–2015 season. The US is the top producer.
Bunge’s Performance in 1Q16: A Strong Start to 2016
Bunge started 2016 by beating earnings estimates by 78%. The adjusted EPS was ~1.41 for the first quarter—much higher than analysts’ estimates.
Why Did Bunge Sell Its Stake in Its Vietnam Operations?
In a press release on July 5, 2016, Bunge announced that it would be selling 45% of its stake in its Vietnam crush operations to Wilmar International.
How Is Bunge Expanding Oilseed Segment’s Global Presence?
In the Oilseeds segment, Bunge’s focus has been to enhance its footprint in the major growth regions.
Why Ingredion Acquired Sun Flour’s Rice Starch and Rice Flour Business
Ingredion (INGR) has a market cap of $9.7 billion. It rose by 0.87% to close at $134.02 per share on August 17, 2016.
What Caused Bunge’s Legal Action against Egypt’s Grain Buyer?
Bunge (BG) has a market capitalization of $8.1 billion. BG fell by 2.8% to close at $56.75 per share as of February 9, 2016.
B&G Foods Had a Strong Performance in 3Q15
B&G Foods reported strong GAAP net income of $19.8 million, or $0.34 per diluted share, for 3Q15—compared to a reported net loss of $4.4 million in 3Q14.
BP Goes Big on Ethanol Biofuels: What’s the Story?
BP (BP) has agreed to form a joint venture with Bunge (BG) in a bid to strengthen its ethanol biofuels business.
Construction & Forestry Segment’s Revenue, Margins Improved
In the fiscal second quarter, Deere & Company’s (DE) Construction & Forestry segment reported revenue of $2.7 billion.
Dividend Yield of Archer-Daniels Midland
Archer-Daniels Midland’s (ADM) PE ratio of 19.1x compares to a sector average of 23.8x. The dividend yield of 3.1% compares to a sector average of 2.4%.
How Soybean Prices Moved in January 2017
In its January report, the USDA (United States Department of Agriculture) said that the world’s ending stock for soybeans fell slightly to 82.3 million metric tons from 82.9 million metric tons in December.
What’s the Latest News on Ingredion?
Ingredion (INGR) reported 3Q16 net sales of $1.5 billion, which represents a rise of 3.6%, compared to $1.4 billion in 3Q15.
Ingredion Incorporated Acquired TIC Gums
Ingredion rose 0.06% to close at $125.37 per share on December 20. The stock’s weekly, monthly, and YTD price movements were 0.06%, 3.7%, and 32.4%.
Ingredion Has Declared a Dividend
Ingredion (INGR) has a market cap of $8.9 billion. It rose 0.77% to close at $124.42 per share on December 9, 2016.
Hasbro Declares Dividend of $0.51 per Share
Price movement Hasbro (HAS) has a market cap of $10.8 billion. It rose 0.24% to close at $86.73 per share on December 8, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 3.1%, 4.1%, and 32.0%, respectively, on the same day. HAS is trading 1.6% above its 20-day moving average, 5.1% above […]
Bunge Limited Has Declared Dividends
Price movement Bunge Limited (BG) has a market cap of $10.4 billion. It rose 0.55% to close at $73.40 per share on December 8, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 4.9%, 5.4%, and 10.4%, respectively, on the same day. BG is trading 7.8% above its 20-day moving average, 14.4% […]
A Look at Michael Kors Holdings’s Fiscal 2Q17 Performance
Michael Kors Holdings (KORS) has a market cap of $9.0 billion. It rose 3.2% to close at $51.76 per share on November 10, 2016.
Why Did Bunge Limited Issue Senior Notes?
Bunge Limited (BG) has declared a regular quarterly cash dividend of $0.42 per share on its common stock. The dividend will be paid on December 2, 2016, to shareholders of record on November 18, 2016.
How Did Estée Lauder’s 1Q17 Earnings Turn Out?
Estée Lauder Companies (EL) has a market cap of $30.0 billion. It fell 5.5% to close at $81.60 per share on November 2, 2016.
How Did Bunge Perform in 3Q16?
Bunge (BG) has a market cap of $9.6 billion. It rose 10.0% to close at $68.81 per share on November 2, 2016.
Bunge to Partner with Oleo-Fats
Bunge (BG) has a market cap of $8.3 billion. It rose 0.80% to close at $59.23 per share on September 30, 2016.
Ingredion Has Declared a Quarterly Dividend
Ingredion (INGR) rose 0.32% to close at $129.28 per share during the third week of September 2016.
Société Générale Rated Ingredion as a ‘Hold’
Ingredion (INGR) has a market cap of $10.1 billion. It rose by 0.51% to close at $139.64 per share on September 7, 2016.
Bunge’s New Investment to Increase the Value of Its Business
Bunge (BG) has a market cap of $8.8 billion. It fell by 0.45% to close at $62.52 per share on August 30, 2016.
Archer Daniels Midland Offers $1 Billion in Notes
Archer Daniels Midland Company (ADM) has a market cap of $26.0 billion. Its stock rose by 0.16% to close at $44.52 per share on August 8, 2016.
ADM’s Stock Fell 2% Due to Weaker Performance in 2Q16
Archer Daniels Midland (ADM) reported its 2Q16 results on August 2. The stock didn’t react well to the results. It fell 2% on the same day.
Analyzing Archer Daniels Midland’s 339th Dividend Payment
One day after its 2Q16 results, Archer Daniels Midland declared a cash dividend of $0.30 per share on the company’s common stock on August 3.
Archer Daniels Midland Declares Dividend of $0.30 Per Share
Archer Daniels Midland (ADM) has a market cap of $25.7 billion. It rose by 1.1% to close at $43.93 per share on August 3, 2016.
Bank of America/Merrill Lynch Upgraded Bunge Limited to a ‘Buy’
Bunge Limited (BG) has a market cap of $8.8 billion. It rose by 0.48% to close at $63.33 per share on August 2, 2016.
Ingredion’s Top and Bottom Lines Rose in 2Q16
Ingredion’s (INGR) stock price rose by 0.35% to close at $133.24 per share during the fourth week of July 2016.
Why Bunge’s Limited Bottom Line Rose in 2Q16
Bunge Limited (BG) has a market cap of $9.1 billion. It rose by 6.7% to close at $65.35 per share on July 28, 2016.
Archer Daniels Midland’s Valuation before Its 2Q16 Earnings
Archer Daniels Midland is trading at a higher PE multiple of 15.3x over its forward 12-month EPS—compared to Bunge as of July 25, 2016.
What’s Archer Daniels’ Balanced Capital Allocation Framework?
For 2016, Archer Daniels Midland plans to balance its capital allocation framework. It advanced the strategy by selling a 50% interest in its Brazilian port in 2015.
Bunge Consistently Returns Value to Shareholders
On May 24, Bunge announced that its board of directors approved a 10.5% increase in the company’s regular quarterly common share cash dividend.
What Could Cause Bunge’s Revenue to Drop in 2Q16?
Analysts are expecting Bunge’s revenue to be ~$10.05 billion for fiscal 1Q16. This represents a fall of 7%—compared to 2Q15 revenue of $10.78 billion.
Ingredion’s Valuation Multiple ahead of 2Q16 Earnings
A forward PE valuation multiple indicates how much an investor is willing to pay over the company’s EPS for the next four quarters. Ingredion’s valuation rose 13% since fiscal 1Q16.
How Has Ingredion Maximized Shareholder Value?
Ingredion has a dividend yield of 1.3% as of July 15, 2016. Management has raised the dividend at a CAGR of 29.3% over the last five years.
Why Horse Owners Are Suing Archer-Daniels Midland
Archer-Daniels Midland (ADM) has a market cap of $25.2 billion. It fell by 0.21% to close at $43.39 per share on July 20, 2016.
How Has Bunge’s Stock Performed Since Its 1Q16 Earnings?
Bunge will report the results for 2Q16 ending June 30 before the Market opens on July 28. Its stock has fallen 2% since its last quarter earnings release.
What’s behind Ingredion’s Impressive 2016 Stock Prices?
Ingredion (INGR) is set to report its fiscal 2Q16 results before the Market opens on July 28, 2016. So far in 2016, Ingredion stock has risen 43%.
BB&T Capital Rated Bunge a ‘Buy’
Bunge reported 1Q16 net sales of $8.9 billion, a decline of 17.5% compared to net sales of $10.8 billion in 1Q15.
How Has Bunge’s Stock Fared in the Last 4 Months?
Bunge’s (BG) joint venture news with Wilmar on July 5, 2016, wasn’t too positive for its shares. It fell by 1.3% to close at $57.16 on the day.
Bunge and Wilmar Form Joint Venture to Increase Market Share
Bunge Limited (BG) has a market cap of $8.2 billion. Its stock fell by 1.4% to close at $57.76 per share on July 5, 2016.
What Does Wall Street See ahead for Bunge?
The average target price for Bunge has risen slightly to $71.60. This represents a rise of 23% from the stock’s closing price of $58.12 on July 6, 2016.
How Bunge Is Expanding Its Oilseed Segment’s Global Presence
Bunge maintains a balanced footprint, with ~29% of its capacity in North America, 37% of its capacity in South America, and 19% of its capacity in Europe.
Argus Downgrades Hershey to “Hold”
The Hershey Company (HSY) has a market cap of $23.9 billion. Its stock fell by 1.3% to close at $110.55 per share on July 5, 2016.
Why Has HLMNX Done Well in YTD 2016?
Compared to its peers, the relatively high exposure to energy stocks has benefited HLMNX in 2016 so far.
How Is Bunge’s Environmental, Social, and Governance Score?
Bunge (BG) has had the highest ESG score among its peers for the last five years.
How Bunge Returns Value to Shareholders
Bunge (BG) paid $549 million to shareholders through dividends and share repurchases in 2015.
What Is Bunge’s Sustainable Expansion Strategy?
To maximize its returns, Bunge (BG) expands its operations through mergers and acquisitions, reinvests in its business, and returns value to shareholders.
Why 2015 Was a Milestone Year for Bunge
Bunge (BG), a leading agribusiness and food company, believes that 2015 was a year of many milestones despite the challenging environment.
How Did Bunge’s Segments Contribute to Its 1Q16 Performance?
The Agribusiness segment accounted for 70% of Bunge’s revenue in the first quarter with $6.2 billion in sales. However, it fell 20% year-over-year.
How’s Archer Daniels Midland Meeting Global Consumer Demand?
Archer Daniels Midland opened its new flavor creation, application, and customer service facility in Cranbury, New Jersey, to meet customers’ unique demands.
Analyzing Archer Daniels Midland’s Initiatives for Food Innovation
Archer Daniels Midland partly funded NFS’s (National Foodworks Services) new headquarters. It’s a local food innovation center in Decatur, Illinois.
What Made ADM Decide to Sell Its Brazilian Operation?
To maximize shareholder value, Archer Daniels Midland (ADM) recently entered into an agreement to sell its sugarcane ethanol operations in Brazil.
General Mills’ Fiscal 3Q16: Green Giant Divestiture Caused Sales Dip
The Green Giant divestiture, along with continued foreign exchange headwinds, impacted the net sales of General Mills (GIS), as anticipated by the company.
Bank of America Merrill Lynch Downgrades Archer-Daniels Midland
Bank of America Merrill Lynch has downgraded Archer-Daniels Midland’s (ADM) rating to “neutral” from “buy.” Revenues in 4Q15 were $16,445.0 million, a fall of 21.3%.
Corn Prices Could Continue to Test Crucial Support
March 2016 corn futures prices were trading near the support level of 355 cents per bushel on March 3, 2016. Prices declined after two days of rising by 0.28%.
Bunge Will Deliver Cargo of French Wheat to Spain
Bunge rose 3.0% to close at $51.50 per share on March 2. The stock’s weekly, monthly, and YTD price movements were 3.9%, -15.2%, and -24.0%, respectively.
Bunge Has Declared a Quarterly Dividend of $0.38 per Share
Bunge (BG) has a market capitalization of $7.7 billion. BG rose by 0.56% to close at $50.0 per share as of March 1, 2016.
JPMorgan Chase Upgraded Bunge Rating to ‘Overweight’
JPMorgan Chase has upgraded Bunge from “neutral” to “overweight.” It reduced the price target to $57 from $61 per share.
ADM Declared Quarterly Dividend of $0.30 per Share
Archer-Daniels-Midland (ADM) fell by 3.6% to close at $34.07 per share at the end of the first week of February 2016.
ADM’s Revenue and EPS Estimated to Fall in Fiscal 4Q15
ADM will report its fiscal 4Q15 and 2015 earnings on February 2. It’s expected to report revenue of $19.4 billion, falling by 6.8% compared to fiscal 4Q14.
Corn Prices Shift to Downward Trend
Corn futures prices for March delivery were trading below the crucial support level of 350 cents per bushel on January 4, 2016.
General Mills’ Restructuring Initiatives for Its International Segment
During fiscal 1Q16, General Mills (GIS) paid $34 million in cash related to restructuring projects. In fiscal 1Q16, the company approved “Project Compass.”
What Impacted General Mills’ Sales in Fiscal 1Q16?
General Mills’ net sales for fiscal 1Q16 fell by 1% to $4.2 billion. The foreign currency exchange effect caused the growth to fall by five percentage points.
What Affected Diamond Foods’ Declining Sales?
Diamond Foods reported a fall in sales in fiscal 4Q15 of 7.9% compared to the same quarter in the prior fiscal year. It also reported net sales of $201.8 million.
Bunge Missed Consensus Earnings Estimates by 21%
Bunge Limited (BG) reported earnings of $239 million and $1.24 per share in 2Q15.
Bunge’s Agribusiness Segment Contributed 71% to Net Sales in 3Q15
Soybean processing in the US, Brazil, Argentina, and Europe were the largest contributors to Bunge’s oilseeds segment during the quarter.
How Can Corn Prices Rally Above $4 Per Bushel?
December contracts for corn futures trading on the Chicago Board of Trade (or CBOT) rose on October 26, 2015, and progressed on the upward price pattern.
Bunge’s Earnings Missed Consensus Estimates in 2Q15
Bunge Limited (BG) reported earnings of $86 million and $0.51 per share in 2Q15. The results fell badly as per analyst’s estimates of $1.43.
Bunge Limited’s Disappointing Performance in 2Q15
Bunge’s performance in the last quarter was disappointing. It reported an operating margin of $152 million in 2Q15, down by ~63% compared to 2Q14.
Bunge Limited Management’s Expectations for the Second Half of 2015
Bunge’s management mentioned that the company continues to make strides in driving greater efficiency through performance improvement initiatives.
Bunge Limited to Report 3Q15 Earnings Results
Bunge’s shares fell by 5% on the day of last quarter earnings release. The shares have been falling since then, trading in the range of $68–$77.
How B&G Foods Performed in the Second Quarter of 2015
B&G Foods’s (BGS) 2Q15 net sales fell by 4.6% to $193.6 million from $202.9 million in 2Q14.
The October 9 WASDE Report and Its Impact on Corn Prices
Producers’ expectations—that the price of corn will rise after the October supply report—might come to fruition, confirming consensus market sentiments.
General Mills’ Restructuring Plans for Its International Segment
In 1Q16, General Mills paid $34 million related to restructuring initiatives. The company expects to incur ~$71 million in other project-related costs.
Government Infrastructure Spending is Key to Commodities Demand
Muted economic growth subdued the demand for energy, industrial metals, and agricultural commodities. OPEC oversupply and falling demand from China and the US led to crude oil’s downward correction of ~60% in just one year.