Agro - industrial

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New Strong Sell Stocks for July 3rd
ZACKS· 2025-07-03 10:11
Group 1 - Adecoagro S.A. (AGRO) is an agro-industrial company with a current year earnings estimate revised downward by 12.5% over the last 60 days [1] - Barings BDC, Inc. (BBDC) is an investment company with a current year earnings estimate revised downward by 4.6% over the last 60 days [1] - Core Natural Resources, Inc. (CNR) is a metallurgical and thermal coal company with a current year earnings estimate revised downward by 44.4% over the last 60 days [2]
EnWave Signs License Amendment with Procescir S.A. de C.V. to Expand Product Portfolio; Sells Auxiliary REV-related Equipment
Globenewswire· 2025-06-11 13:00
Core Insights - EnWave Corporation has signed an amendment to its royalty-bearing license agreement with Procescir S.A. de C.V., expanding the range of fruit and vegetable products covered under the license [1] - The amendment allows Procescir to capitalize on current commercial opportunities and explore new projects, with the delivery of a 120kW Radiant Energy Vacuum (REV™) machine scheduled for July 2025 [1] - Procescir will commence commercial production of fruit snack products for a prominent American snack brand immediately after the machine's delivery [1] Group 1: Company Developments - The Equipment Purchase Agreement (EPA) signed by Procescir involves the acquisition of auxiliary support equipment for the 120kW REV™ machine, with a transaction amount of approximately CA$170k [2] - Procescir has been operating in Northwest Mexico since 1960 and began commercializing frozen vegetables in 2022 at its processing plant in Hermosillo, Sonora [3] - EnWave is recognized as a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a focus on providing efficient drying solutions across various industries [4][6] Group 2: Market Position and Strategy - EnWave's strategy includes signing royalty-bearing commercial licenses with food producers to enhance drying efficiency compared to traditional methods, enabling faster production and improved product quality [6] - The company has established partnerships with over fifty partners across twenty-four countries, facilitating the creation of innovative snacks and ingredients [5] - EnWave's technology allows producers to achieve optimal moisture levels up to seven times faster, enhancing taste, texture, color, and nutritional value of the products [6]