U.S. grain trader and processor Bunge Global recently reported a smaller-than-expected drop in second-quarter profit on improved oilseed processing margins.
Tag Archives profits
Bunge surpasses quarterly profit estimates
Better-than-expected results helped by improved oilseed processing margins, grain and oil merchandising
Chicken, pigs offset beef slump for JBS profits
SAO PAULO (Reuters) — Brazil’s JBS SA, the world’s largest meat packer, said its divisions that process chicken and pigs lifted financial results in the last quarter, including poultry unit Pilgrim’s Pride, JBS USA Pork and Seara in Brazil. Performance there compensated for a slump in the Beef USA division, which accounts for about a third of […] Read more
Deere beats expected profits
REUTERS — Deere & Co. breezed past Wall Street estimates for third-quarter profit Aug. 18 and raised its full-year guidance, but investor concerns over slower sales sent shares down as much as five percent. The Moline, Illinois-based company posted a 60 percent rise in quarterly profit, yet investors seemed unimpressed and shares slumped for the […] Read more
