Agricultural Products

Fresh Del Monte Produce, Inc. (NYSE: FDP) posted 2Q EPS of $0.85, above BB&T Capital Market's estimate of $0.70 and consensus of $0.73. The upside was attributed to a sizable tax credit and asset sales. Excluding the asset sales gains, EBIT equaled $48.5M vs. BB&T's $55.5M estimate....

Earnings Preview 7/30/10 Earnings season will be still going strong next week. There will be 1,161 firms reporting, including 106 S&P 500 firms. The firms reporting are some of the biggest and most important bellwethers of the economy, and slice across a wide spectrum of industries. Included in...

For Immediate Release Chicago, IL – August 04, 2010 – Zacks.com Analyst Blog features: The Dow Chemical Company (DOW), Baker Hughes Inc. (BHI), Archer Daniels Midland Co. (ADM), Parker Hannifin Corp. (PH) and Tenet Healthcare Corporation (THC ). Here are highlights from Tuesday’s Analyst Blog: Dow...

Corn Products International Inc. (CPO) continues to see a turnaround in business as volumes recovered in all regions in the second quarter. The company trades at just 12.3x forward earnings, well under the industry average of 14.5. Corn Products is the largest producer of dextrose in the world and...

Analysts at Global Hunter Securities initiate coverage of Origin Agritech Ltd (NASDAQ: SEED) with a "neutral" rating. SEED’s shares gained 0.96% to close at $8.41 on Friday. More Analyst Ratings here

The market has turned very choppy as we encounter many multiple cross winds on the charts - you have 1100 as a line in the sand, with S&P 1093/1094 being the exponential 50/200 day moving averages below... but 1113, the 200 day simple moving average above... and then a Fibonacci level up there...

Elecsys Corporation (NASDAQ: ESYS) jumped 16.37% to $3.98 by 11:37 am. ESYS has acquired a technology license. Agria Corporation (NYSE: GRO) shares surged 11.94% to $1.50. Avon will buy HEW in a cash and stock deal worth $4.9 billion. GRO has signed a definitive agreement to divest Taiyuan...

Cusick’s Corner The market is holding key levels of 111 in the SPY. However, we cannot forget that this current trend is happening in July & August, months that have been notoriously slow and have never really been months that signaled a major trend change. At this stage these are trading...

Bunge Limited (BG), an integrated global agribusiness and food company, will announce its results for the quarter ended June 30, 2010, on Thursday, July 29, 2010, prior to the market opening. Bunge Limited's management will host a conference call at 10:00 a.m. EDT on July 29, 2010 to discuss the...

Below are the top farm product stocks on the NYSE in terms of market capitalization. Archer-Daniels-Midland Company (NYSE: ADM) has a market capitalization of $17.42 billion. Analysts at Deutsche Bank upgraded ADM from “hold” to “buy.” Bunge Limited (NYSE: BG) has a market capitalization of $7.73...

AgFeed Industries, Inc. (Nasdaq: FEED) announced today that it has reached an agreement in principle to acquire the operations of M2P2 LLC based in Ames, Iowa. AgFeed and M2P2 have entered into a non-binding term sheet summarizing the principle terms of the acquisition and expect to complete the...

Below are the top farm product stocks on the NYSE and the NASDAQ in terms of cash. Archer-Daniels-Midland Company (NYSE: ADM) had $2.07 billion in total cash for the latest quarter. ADM’s total debt for the same period amounted to $7.42 billion. Bunge Limited (NYSE: BG) had $492.00 million in total...

By 2:29 pm, the Dow Jones Industrial Average was up 0.09%, to 10,145.35, while the broader Standard & Poor's 500 index had gained 0.24%. The NASDAQ composite index had climbed 0.33%. Some of the narrow based indexes driving the markets are Canadian Mining Stocks, which have gained 3.2%,...

Shares of Bunge Limited (NYSE: BG) are higher on the session by 0.88%, currently trading at $53.65. The stock has been trading largely lower over the past six months, but appears to be in a bottoming pattern. Options traders were buying calls today. The July $55.00 call was purchased 1,900 times,...

Below are the top farm products stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next quarter. The earnings estimate for Bunge Limited (NYSE: BG) for the September quarter is $1.84 per share. BG has a PEG ratio of 0.92. Chiquita Brands International Inc (NYSE: CQB) is...