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If You Can Only Buy One S&P 500 Stock in July, It Better Be One of These 3 Names
Investor Place· 2024-07-19 10:30
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 ...
3 Precision Agriculture Stocks Harvesting Big Data
Investor Place· 2024-07-18 19:01
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 ...
Bunge Global (BG) to Sell Its 50% Stake in BP Bunge Bioenergia
ZACKS· 2024-06-24 15:05
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]
Jolly Green Giants: The 7 Best ESG Stocks to Buy Now
Investor Place· 2024-06-13 16:18
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 ...
Deep Discounts And Powerful Tailwinds: 3 Deeply Undervalued Dividend Stocks To Buy Now
seekingalpha.com· 2024-05-29 11:30
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 ...
Growing More with Less: IMF Highlights Efficiency in Agriculture with Agritech Advances
Prnewswire· 2024-05-17 16:37
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 ...
Bunge: Consolidation Could Be A Buying Opportunity
seekingalpha.com· 2024-05-16 18:05
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 ...
Bunge SA(BG) - 2024 Q1 - Quarterly Report
2024-04-24 20:35
The following table summarizes Bunge's short and long-term debt: Updates to Revolving Credit Facilities On March 1, 2024, Bunge exercised the accordion provision set forth in its existing unsecured $1.75 billion 3-year revolving facility agreement (as amended, the "$3.5 Billion Revolving Facility Agreement") in an aggregate amount of additional committed capacity of $1.75 billion which is available to be drawn on and after the date Bunge completes its acquisition of Viterra. Upon completion of the acquisiti ...
Bunge SA(BG) - 2024 Q1 - Earnings Call Presentation
2024-04-24 12:01
_ .. | --- | --- | --- | --- | |------------------|-------|-------|-------| | | | | | | Q1 2024 Earnings | | | | | Results Review | | | | | April 24, 2024 | | | | 2 • Today's presentation includes forward-looking statements that reflect Bunge's current views with respect to future events, financial performance and industry conditions. 2 Forward-Looking Statements • These forward-looking statements are subject to various risks and uncertainties. Bunge has provided additional information in its reports on fil ...
Bunge SA(BG) - 2024 Q1 - Quarterly Results
2024-04-24 10:39
| --- | --- | --- | --- | |---------------------------------------|-------|-------------------------------------|--------------------| | (US$ in millions) | Mar | Three Months \n31, 2024 Mar | Ended \n31, 2023 | | Merchandising EBIT | $ | 98 $ | 68 | | Mark-to-market timing differences | | (22) | 40 | | Certain (gains) & charges | | — | — | | Adjusted Merchandising EBIT | $ | 76 $ | 108 | Refined & Specialty Oils Summary | --- | --- | --- | --- | --- | |------------------------------------------------------ ...