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ADM to Acquire Nine Grain Elevators in Wisconsin
Wednesday, August 31, 2011 - 2:57pm | 89Archer Daniels Midland Company (NYSE: ADM) today announced it has acquired five grain storage elevators from Olsen Brothers Enterprises and, in a separate transaction, has contracted to acquire four grain storage elevators from Olsen's Mill Acquisition Company/Ag Services of Wisconsin. ADM has also...
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Top 4 NYSE Stocks In The Farm Products Industry With The Highest Operating Margin
Tuesday, August 30, 2011 - 3:05am | 131Below are the top farm products stocks on the NYSE in terms of operating margin. The trailing-twelve-month operating margin at Teavana Holdings Inc (NYSE: TEA) is 19.40%. TEA's revenue for the same period is $133.87 million. The trailing-twelve-month operating margin at Adecoagro SA (NYSE: AGRO)...
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Small Caps: Profiting From The Continued Rally
Monday, August 29, 2011 - 9:30am | 267The markets are sharply higher again today. A mega reversal took place on Friday and solidified choppy upside through the Labor Day holiday weekend. The markets have now had three higher pivot lows since the SPDR S&P 500 ETF (NYSE: SPY) hit the low of $110.27 on August 9th, 2011. These higher...
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Del Monte Fresh Produce N.A., Inc. Files Lawsuit Against FDA in U.S. District Court
Wednesday, August 24, 2011 - 8:01am | 179Del Monte Fresh Produce, N.A., Inc., a subsidiary of Fresh Del Monte Produce Inc. (NYSE: FDP), filed suit on Monday, August 22, 2011 against the Food and Drug Administration (FDA) in U.S. District Court for the District of Maryland to seek an injunction that would lift an FDA rule restricting the...
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Bunge Responds to Syngenta Suit
Tuesday, August 23, 2011 - 9:45am | 290Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), issued the following statement which can be attributed to Soren Schroder, Bunge North America president and CEO. "Bunge North America is aware from press reports of Syngenta's allegations. From what we know and...
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Agria Appoints Wah Kwong Tsang to Board of Directors
Tuesday, August 23, 2011 - 6:58am | 128Agria Corporation (NYSE: GRO) today announced the appointment of Wah Kwong Tsang to Agria's board of directors. Tsang will serve as an independent director and Chairman of the Audit Committee and member of Compensation Committee. Kenneth DeWoskin, who has served as Agria's Audit Committee Chairman...
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UPDATE: Goldman Sachs Lowers PT on Darling International to $20
Monday, August 15, 2011 - 7:22am | 111Goldman Sachs is out with its report today on Darling International (NYSE: DAR), lowering its PT to $20 from $21. In its report, Goldman Sachs writes, "We lower our 12-month EV/EBITDA based target price by $1 to $20 to reflect multiple compression across peers. We remain Buy-rated as we favor DAR'...
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Goldman Sachs Lowers PT on Darling International To $20
Monday, August 15, 2011 - 5:19am | 27Goldman Sachs has lowered the price target on Darling International (NYSE: DAR) from $21 to $20 and maintains its Buy rating.
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Bunge Purchases C.F. Sauer's Margarine Assets
Friday, August 12, 2011 - 3:15pm | 246Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it purchased the margarine assets of The C.F. Sauer Company which includes the margarine plant of its subsidiary, Dean Foods Company, in Sandston, Virginia and the margarine production and packaging...
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ADM Announces Appointment of Chief Risk Officer
Thursday, August 11, 2011 - 10:04am | 62Archer Daniels Midland Company (NYSE: ADM) today announced the appointment of Craig Huss to chief risk officer; Joe Taets to senior vice president and president, Agricultural Services; and Domingo Lastra to vice president, Business Growth. All three individuals will report to ADM Chief Operating...
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Options Brief: Bunge
Thursday, August 11, 2011 - 9:53am | 81Shares of Bunge (NYSE: BG) are higher on the session by 3.35%, trading at $60.86. Overall put volume is now running at 2.91x the daily average, with 33% of all puts traded being purchases on the offer. 4,683 contracts have traded on the session so far. Bunge Limited is a global agribusiness and...
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Earnings Scheduled For August 11
Thursday, August 11, 2011 - 2:43am | 554Brinker International Inc (NYSE: EAT) is estimated to report its Q4 EPS at $0.47 on revenue of $710.57 million. NVIDIA Corporation (NASDAQ: NVDA) is projected to report its Q2 EPS at $0.25 on revenue of $1.01 billion. Kohl's Corporation (NYSE: KSS) is projected to report its Q2 EPS at $1.02 on...
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Where to Invest When the Market Crashes
Monday, August 8, 2011 - 9:37pm | 543Some investors believe that low priced stocks are the best ones to invest in during a market crash because they can have the biggest percentage upside when the market recovers. Other investors think that sticking with the large caps is the way to go in case market bottom is missed by investing too...
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Solazyme and Bunge Sign Framework Agreement for Commercial Renewable Oil Plant in Brazil
Monday, August 8, 2011 - 6:10am | 121Solazyme, Inc. (NASDAQ: SZYM) and Bunge Global Innovation LLC, a wholly-owned subsidiary of Bunge Limited (NYSE: BG) announced today that they have entered into a framework agreement for the formation of a joint venture entity focused on the production of triglyceride oils in Brazil. The JV...
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Fresh Del Monte Produce Increases Quarterly Dividend by $0.05 to $0.10
Wednesday, August 3, 2011 - 3:21pm | 74Fresh Del Monte Produce Inc. (NYSE: FDP) announced today that, as a result of its continued strong operating cash flow and solid performance, its board of directors has voted to raise the Company's regular quarterly cash dividend from five cents ($0.05) per share to ten cents ($0.10) per share,...