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Pilgrim’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.
Pilgrim’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.
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.
