Bunge Limited (BG) Tops Q3 EPS by 13c
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Bunge Reports Third Quarter 2018 Results
October 31, 2018 6:00 AM EDTWHITE PLAINS, N.Y., Oct. 31, 2018 /PRNewswire/ -- Bunge Limited (NYSE: BG)
Q3 GAAP EPS of $2.39 vs. $0.59 in the prior year; $2.52 vs. $0.75 on an adjusted basis Agribusiness results driven by strong soybean crushing margins; includes ~$155 million of new mark-to-market gains on forward soy crushing contracts In Food & Ingredients, Milling produced a solid quarter; Edible Oils impacted by oil surplus from strong soy crushing environment Global Competitiveness Program expected to deliver full savings a year ahead of schedule; increasing 2018 savings... MoreBunge Announces Appointment of Three Directors to Board, with a Fourth New Director to be Appointed Before End of Year
October 31, 2018 6:00 AM EDTWHITE PLAINS, N.Y., Oct. 31, 2018 /PRNewswire/ -- Bunge Limited (NYSE: BG) announced today that its Board of Directors has appointed the following three new board members: Paul J. Fribourg, Chairman and Chief Executive Officer of Continental Grain Company ("Continental Grain"); Gregory Heckman, founding partner of Flatwater Partners; and Henry W. ("Jay") Winship, President of Pacific Point Capital, LLC. The appointments are effective today. With the addition of the three new directors, the Board has expanded to 14 directors. Bunge, the D. E. Shaw group ("D. E. Shaw") and Continental Grain... More
