Bunge Global (BG) came out with quarterly earnings of $1.73 per share, missing the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $3.72 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -3.35%. A quarter ago, it was expected that this agribusiness and food company would post earnings of $2.55 per share when it actually produced earnings of $3.04, delivering a surprise of 19.22%. Over the last four quar ...

• Q2 GAAP diluted EPS of $0.48 vs. $4.09 in the prior year; $1.73 vs. $3.72 on an adjusted basis excluding certain gains/charges and mark-to-market timing differences • Lower Agribusiness results reflect a more balanced global supply environment • Refined and Specialty Oils performed well, but results were down from a strong prior year • Excellent progress on Viterra integration planning and other strategic priorities including the announced sale of our interest in the sugar & bioenergy joint venture • Upda ...

If you're looking for vegan stocks to buy now, these picks are solid bets. More folks are paying more attention to climate change and the benefits of plant-based diets. This has led to more investors jumping on the bandwagon of food companies prioritizing sustainability, cruelty-free practices and innovative plant-based products. And the data bears it out. In 2021, the global vegan food market was worth $35.6 billion and was projected to rise from $40.1 billion in 2022 to $91.9 billion by 2027. That's an an ...

The Magnificent 7 have lost $1.11 trillion in market capitalization over the past five trading days as investors rotate away from them. Some of the capital moving away has likely gone into other, less overvalued S&P 500 stocks. "From the perspective of the Mag 7 names, we do see the potential for further declines over the near term without disrupting the uptrend that has been in place since early 2024," MarketWatch reported Janney strategist Dan Wantrobski's comments to clients on July 17. Let's examine one ...

For instance, GPS and GIS mapping assist in conducting analysis of the field and proper planning of resources. IoT sensors enable the collection of information on weather and soil status and help in making the right decisions that increase production and reduce the negative impact on the environment. Precision agriculture stocks are involved in the manufacturing and supplying of technologies used to improve farming practices. Such technologies include big data and analytics, GPS and GIS mapping, sensors and ...

Group 1: Company Announcement - Bunge Global SA announced the sale of its 50% share in BP Bunge Bioenergia to its joint venture partner BP plc, exiting the bioenergy and sugarcane ethanol businesses in Brazil to focus on core operations [1][2][3] - The deal is expected to close by the end of the fourth quarter of 2024, with estimated net proceeds of $800 million from the transaction [3] Group 2: Financial Performance - Bunge reported first-quarter 2024 adjusted earnings of $3.04 per share, exceeding the Zacks Consensus Estimate of $2.55, although this represents a 7% decline year over year [4] - Net sales for the quarter were $13.4 billion, down 12.5% from the previous year, and missed the Zacks Consensus Estimate of $13.78 billion [4] Group 3: Stock Performance - Shares of Bunge Global have increased by 17% over the past year, outperforming the industry growth of 9.9% [5]

Plus, multiple organizations have started to call attention to the top performers in the ESG circuit. Earning these awards can lead to additional eyeballs. With that in mind, below are potentially the best ESG stocks to buy. Tech giant Microsoft (NASDAQ:MSFT) is no stranger to innovation and overall business prowess. However, it would be remiss to have a discussion of the best ESG stocks to buy and not include MSFT. According to Investor's Business Daily, the software (and hardware) juggernaut took the top ...

11 GeorgePeters Introduction The other day, I read a very interesting article in The Wall Street Journal about a very small pension fund that outperformed the "big guys" over the past three years by making just a few minor changes. How an Ex-Teacher Turned a Tiny The Wall Street Journal When I read the title, I had to dig deeper. After all, who doesn't like a good David versus Goliath story? Essentially, a $1.4 billion pension fund managed by Peter Manning, a 65-year-old former schoolteacher, has achieved c ...

USA News Group Commentary Issued on behalf of Bee Vectoring Technologies International Inc. VANCOUVER, BC, May 17, 2024 /PRNewswire/ -- USA News Group – Food production is rapidly evolving. The International Monetary Fund (IMF) underscores the urgent need to "grow more with less," emphasizing efficiency in agriculture. Artificial intelligence (AI) is revolutionizing the sector by developing new crop varieties, providing vital soil data, and utilizing precision drones for fertilizers and pesticides. To meet ...

jetcityimage Bunge Global SA (NYSE:BG) is a worldwide agribusiness and food company. BG is one of the ABCD companies that feed and increasingly power the world. Archer- Daniels-Midland (ADM) and Bunge (BG) are publicly traded agricultural giants, while Cargill and Louis Dreyfus are privately held. BG's company profile states: | Sector | Consumer Staples | | Address | 1391 Timberlake Manor Parkway | | --- | --- | --- | --- | --- | | | | | | Chesterfield, MO. 63017 | | Industry | Agricultural Products & Servi ...