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Earnings ReportPilgrim’s Pride Makes Efforts to Save Costs and Expand Margins
Pilgrim’s Pride (PPC) has been making efforts to expand its margins by reducing operational costs. It anticipates an operational improvement of $200 million through this strategy.
Earnings ReportPilgrim’s Pride Stock Reacted to October 29 Earnings Release
Pilgrim’s Pride shares fell 4% following the earnings release, closing at $18.57 on October 29. However, the stock started rising in mid-morning trading on October 30.
Earnings ReportBunge’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.