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Agria Singapore's Partial Takeover Offer of PGG Wrightson Limited Has Become Unconditional
Monday, April 25, 2011 - 6:42am | 117Agria Pte Ltd advises that all of the conditions to its takeover offer dated 24 January 2011 for 38.3% of the issued ordinary shares in PGG Wrightson Limited not already held by it have been satisfied. Accordingly, the Offer is now unconditional. Agria Singapore will be jointly owned, directly or...
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Top 4 Stocks In The Cleaning Products Industry With The Highest ROE (ECL, SCL, CHD, DAR)
Tuesday, April 19, 2011 - 11:17pm | 137Below are the top cleaning products stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Ecolab Inc (NYSE: ECL) is 25.64%. ECL's operating margin for the same period is 13.37%. The trailing-twelve-month return on equity at Stepan Company (...
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Five Stocks that May Do Well with Rising Food Prices
Tuesday, April 19, 2011 - 9:30am | 463Grocery shoppers across America are acutely aware of the rising cost of feeding one's family. Food prices rose 5% last quarter, and show no sign of turning around any time soon. Add in high fuel costs, bizarre weather patterns that have halted or postponed certain growing seasons, and disasters...
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Agria Announces CFO Transition
Friday, April 15, 2011 - 3:21pm | 64Agria Corporation (NYSE: GRO) announced today that Christopher Boddington, Chief Financial Officer, has resigned effective April 18, 2011. Mr. Boddington stepped down from his position to pursue other opportunities and not as a result of any disagreement with the Company regarding financial or...
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Citi Raises PT On ADM to $43
Friday, April 15, 2011 - 7:26am | 125Citi has raised its price target on Archer-Daniels-Midland Company (NYSE: ADM) from $41 to $43 based upon a visit with ADM management. In the report, Citi writes, “We are increasing our EPS estimates and lifting our price target to $43 (up $2) on ADM shares following our visit with ADM management...
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Global X Waste Management ETF (WSTE) Launches
Thursday, April 14, 2011 - 1:00am | 560Global X Funds introduced a new ETF yesterday (4/13/11) targeting the Waste Management industry. Global X Waste Management ETF (WSTE) will seek to track an index with one-third allocations to Hazardous Waste, Non-Hazardous Waste, and Recycling stocks. The fund has an expense ratio of 0.65% and...
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Deutsche Bank Gives Earnings Preview On Archer-Daniels-Midland
Wednesday, April 13, 2011 - 7:48am | 201Archer-Daniels-Midland (NYSE: ADM) should continue to benefit from current dislocation, though the pace has decelerated. Strong sweetener/starch pricing relative to corn prices and biodiesel mandate clarity bode well for the future. However, a "tight" U.S. corn balance sheet toward the end of the...
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Bunge Creates Joint Venture To Build River Grain Terminal In Illinois (BG, CKH)
Monday, April 11, 2011 - 3:16pm | 101Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG), announced that it has created a joint venture with SCF Marine Inc., a subsidiary of SEACOR Holdings Inc. (NYSE: CKH), to build a river grain terminal in Fairmont City located in St. Clair County, Illinois. The joint...
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ADM to Acquire Soybean Crushing Facility and Form Partnership for Biodiesel Business in Missouri
Monday, April 4, 2011 - 10:00am | 48Archer Daniels Midland Company (NYSE: ADM) today announces plans to acquire a soybean crushing and biodiesel facility in Deerfield, Mo., from Prairie Pride, Inc. ADM will also form a partnership with Prairie Pride for the biodiesel portion of the business.
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Citi Comments On Corn Products Management Meeting
Friday, March 25, 2011 - 7:15am | 129According to Citi, Corn Products' (NYSE: CPO) management reinforces bullish thesis. Citi reported that it has added Corn Products to Top Picks Live as its favorite small cap name following its recent meeting with company management, which reinforced its belief that CPO is in store for a robust...
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Mad Money Lightning Round: Cramer Likes Home Depot (NAT, HD, AAPL, SGI, OAS, APA, EOG, ALU, ADM)
Thursday, March 24, 2011 - 12:15am | 285On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Nordic American Tanker (NYSE: NAT) is “one of my favorite stocks in the chart book and on the fundamentals." Cramer believes that Home Depot (NYSE: HD) is “excellent.” He added, “People are fixing up their homes. I think Home...
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Benzinga's Top Upgrades (JEF, OC, CSX, BG)
Wednesday, March 23, 2011 - 7:17am | 131Jefferies Group Inc (NYSE: JEF) was upgraded by Ticonderoga from "neutral" to "buy." JEF's shares closed at $24.48 yesterday. Jefferies' PEG ratio is 0.96. BofA/Merrill upgraded Owens Corning Inc (NYSE: OC) from “neutral” to “buy.” OC's shares closed at $33.92 yesterday. Owens Corning's PEG ratio...
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Deutsche Bank Upgrades BG To Buy
Wednesday, March 23, 2011 - 5:27am | 50Analysts at Deutsche Bank upgrade Bunge Limited (NYSE: BG) from “hold” to “buy.” The target price for BG has been raised from $74 to $80. BG shares gained 0.77% to close at $69.32 yesterday. More Analyst Ratings here
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Brian Stutland's Archer Daniels Midland Company (ADM) Trade
Tuesday, March 22, 2011 - 8:19pm | 172CNBC Options Action's Brian Stutland thinks that Japan will have to import food from the United States, because of concerns that local supplies might be polluted. He believes that Archer Daniels Midland Company (NYSE: ADM) is in a good position to profit from these events. Brian Stutland added...
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AgFeed Industries, Inc. Announces Appointment of Raymond M. Cesca as President
Tuesday, March 22, 2011 - 2:00pm | 39AgFeed Industries, Inc. (Nasdaq: FEED) announced the addition of Raymond M. Cesca to its leadership team. Mr. Cesca will serve as President of the Company and assume his responsibilities on April 1, 2011.