Some of the names on the move ahead of the open.» Read More
CARLINVILLE, Illinois, Nov 12- Buyers of U.S. farmland appear undaunted by falling grain prices, paying top dollar for prime parcels coming up at autumn auctions although showing a more cautious tone than in recent years, farmland auction participants said at a sale last week.
NEW YORK, Nov 11- London- based Armajaro Holdings Ltd will sell its commodity trading arm to Swiss agricultural trader Ecom Agroindustrial Corp Ltd, creating one of the world's biggest physical cocoa and coffee dealers in the latest deal to roil this niche market.
*Saputo in 3- way battle for WCB with Bega, Murray Goulburn. SYDNEY, Nov 12- Australia said on Tuesday it would allow Saputo Inc to bid for Warrnambool Cheese and Butter Factory Holdings Ltd, removing a key obstacle for the deal aimed at consolidating the country's dairy industry as global demand surges.
NEW YORK, Nov 11- Swiss commodity trader Ecom Agroindustrial Corp Ltd has struck a deal to buy London- based Armajaro Holdings Ltd's commodity trading operations, creating one of the world's biggest cocoa and coffee traders.
OTTAWA, Oct 31- Consumers may join class action lawsuits against Microsoft Corp and Infineon Technologies AG over allegations of unfair pricing for computer products, the Supreme Court of Canada ruled on Thursday. The Supreme Court, in linked decisions on Microsoft and Infineon, certified separate class actions against the companies.
OTTAWA, Oct 31- Consumers may join a class action lawsuit against Microsoft Corp over alleged unfair pricing, the Supreme Court of Canada ruled on Thursday. The Supreme Court, in its decision on Microsoft, certified a class action against the company, which the plaintiffs accuse of overcharging for certain operating systems and software.
OTTAWA, Oct 30- Consumers may join a class action lawsuit against Microsoft Corp over alleged unfair pricing, the Supreme Court of Canada ruled on Thursday. The Supreme Court, in its decision on Microsoft, certified a class action suit against the company. Microsoft Corp et al. and Sun-Rype Products Ltd et al. v.
CHICAGO, Oct 29- Archer Daniels Midland Co said on Tuesday its planned A $3.0 billion acquisition of Australian grain handler GrainCorp Ltd will likely be delayed until early next year. The GrainCorp acquisition is part of ADM's strategy to expand globally and lead to increased exports to China and the Middle East.
Some of the names on the move ahead of the open.
CHICAGO, Oct 29- Agribusiness group Archer Daniels Midland Co said on Tuesday that adjusted third-quarter earnings fell as crop supplies remained tight following last year's historic U.S. drought. Net earnings rose to $476 million, or 72 cents per share, from $182 million, or 28 cents per share, a year ago. The others are Bunge Ltd, Cargill Inc and Louis Dreyfus Corp..
As the Fed begins its two-day policy meeting Tuesday, markets will get a look at how consumers behaved just before the government shut down.
CHICAGO, Oct 25- Soren Schroder is shaking up Bunge Ltd five months after taking the helm of the 195- year-old agricultural trading house. On Thursday, Schroder told a quarterly earnings call that the status quo was unacceptable for Bunge's loss-making Brazilian sugar milling business and that he will explore options, including a sale, for the business.
CHICAGO, Oct 24- Bunge Ltd's new chief executive signaled plans to shed its loss-making Brazilian sugar milling business, making Bunge the first major merchant to consider exiting the one-hot sector that has swallowed billions of dollars of investment. Bunge reported a quarterly net loss of $137 million as the sugar unit dragged on earnings.
CHICAGO, Oct 24- Agribusiness company Bunge Ltd reported a quarterly loss on Thursday due to a charge related primarily to its weak sugar business, and said it was exploring a sale of that business.
The "Fast Money" traders share their final trades of the day.
*Cargill, ADM, Barry Callebaut buy more than half the world's cocoa. NEW YORK, Oct 9- This past summer, European authorities took just six weeks to approve Barry Callebaut's $950 million purchase of Petra Foods' cocoa business, a deal that created the world's largest cocoa company with a quarter of the $10 billion market.
CHICAGO, Oct 9- U.S. agribusiness giant Cargill Inc on Wednesday reported a 41 percent drop in quarterly profits as the lingering effects of the 2012 severe drought in the United States reduced grain-handling opportunities.
CHICAGO, Oct 4- Illinois Gov. The company has been the dominating corporate presence in the central Illinois city of Decatur for 44 years. Illinois finished its June 30 fiscal year with a deficit topping $6 billion, $9 billion in unpaid bills, and a worst-in-the-nation pension underfunding of $100 billion.
Some of the names on the move ahead of the open.
*Deal to create rival for industry leader Barry Callebaut. Combining two of the world's top cocoa merchants and bean grinders would create a company big enough to compete with Zurich- based Barry Callebaut, the world's largest maker of industrial chocolate products.