Even The Analysts upgraded Bunge (BG) because Bunge raised guidance for FY08 above consensus and recently Bunge also acquires Tate & Lyle PLC. But you should consider fleeing away from the shares. The reason is Bunge has no cash and accordingly, it used its shares as currency to buy Corn Products (CPO). Each share of Corn Products common stock will be exchanged for 0.4207 of a Bunge common share, and if this average closing price is equal to or less than $108.90, each share of Corn Products common stock will be exchanged for 0.5142 of a Bunge common share. Unfortunately, Bunge also absor...
Bunge Limited engages in the agriculture and food business. It operates in three segments: Agribusiness, Fertilizer, and Food Products. The Agribusiness segment engages in the purchase, storage, transport, processing, and sale of agricultural commodities that include grains and oilseeds, such as soybeans, sunflower seeds, rapeseed or canola, wheat, and corn; and commodity products. This segment sells its products to feed manufacturers, wheat and corn millers, and oilseed processors; and livestock, poultry, and aquaculture producers that use its products as animal feed ingredients; and edib
These names are not really my focus in the sector, but Bunge (BG) has a fertilizer component to it, and while I don't really care too much about the acquisition I like the increased guidance. A trend I expect to see across the fertilizer space as we move ahead.
Fertilizer producer and oilseed processor Bunge Ltd (NYSE:BG - News) said on Monday that it would buy Corn Products International Inc (NYSE:CPO - News) for $4.4 billion to gain a leading position in finished corn products such as starches and sweeteners.
Separately, Bunge raised its 2008 earnings forecast to $9.35 to $9.65 per s
Merger of the Day: Bunge (BG) Acquires Corn Products (CPO)
Today, Bunge Limited (NYSE: BG ) and Corn Products International, Inc. (NYSE: CPO ) entered into a definitive agreement in which Bunge will acquire Corn Products in an all-stock transaction. The aggregate transaction value is approximately $4.8 billion, including assumption of approximately $414 million of Corn Products' net debt.
Even The Analysts upgraded Bunge (BG) because Bunge raised guidance for FY08 above consensus and recently Bunge also acquires Tate & Lyle PLC. But you should consider fleeing away from the shares. The reason is Bunge has no cash and accordingly, it used its shares as currency to buy Corn Products (CPO). Each share of Corn Products common stock will be exchanged for 0.4207 of a Bunge common share, and if this average closing price is equal to or less than $108.90, each share of Corn Products common stock will be exchanged for 0.5142 of a Bunge common share. Unfortunately, Bunge also absor...
The stock market is in turmoil today and the reasons can be found elsewhere (including in some peoples' imaginations). But if you are a bottom line investor, then here is where you should be looking. Food and energy exploration are the places to be.
Things can change rapidly, but as of right now food related stocks like Bunge Ltd. (NYSE: BG)
After five months of tracking my 2008 picks, it is rewarding to finally have a breakthrough -- topping the three major stock indices and Berkshire Hathaway (NYSE: BRK.B) too. It has been painful to have to report each month that I was being bested. However, since I have not seen anything contradicting m
TheStreet.com's Jim Cramer says the bull story here has more causes than just a weak greenback.
Better seeds and more fertilizer. That's it. Those are the technology weapons in the war against food shortages caused in the short term by a worldwide obsession with biofuels (we are the worst offender, of course) and in the long term by the increased affluence in China and India, which leads to more nutritious, protein-filled diets.
Bunge Limited (NYSE: BG) is an integrated agribusiness, fertilizer and food products concern. The company is a leading global processor of soybeans and other grains, a leading provider of products and services to the South American farming community and a major U.S. food processor. Some of Bunge's agribusiness products are used for industrial purposes, including renewable fuels like biodiesel. Archer-Daniels-Midland (NYSE: ADM) is a major competitor.
Bunge Limited ( BG ) shares have been on quite a comeback since bottoming out below $84 on Mar 31. Since then, shares have risen above $104 and are currently applying significant pressure to a key level of resistance. Much of the recent price strength has been built upon the unbelievable third quarter results posted by Mosaic on Apr 4. The recent surge in the company's stock price has broken the down trend that had been pressuring shares since Jan 15. With Bunge set to report its second quarter results on Apr 24, there should be a fair amount of volitility in this stock going into the ...
reasons for buying into BG 1.negative news flow and shorts have driven down the stock price.I believe the current crisis in Argentina would blow over soon.The farmer agitation is too strong and the President has managed to stir up a hornet's nest with her comments.
2.South American agriculture market exposure
3.good management
4.world's largest oilseed producer(http://www.reuters.com/article/marketsNews/idLTAN2643652420080326?rpc=44)
In 2000 the Country saw a credit crunch that was instantiated by World Comm, Enron, Global Crossing defrauding banks out of billions with lies about profits and sales in order to borrow cheap money. No matter how many times and how deep Greenspan cut the rates. The banks refused to loan new money to the telecoms. Instead they dumped the cheap money on to the consumer.
The telecoms had no money, and were slamming into their trillions in debt. As PSI NET, World Com, Global Crossing, RCN Communication all went under and Sprint, Verizon, AT&T struggle to survive. The Networking comp
World banks are operating the printing press at full throttle.
INFLATION INFLATION INFLATION
Every shoe shine boy and bartender knows the drill
Buy gold. Buy banks. Buy consumer cyclical.
WRONG WRONG WRONG WRONG
Today's printing presses are at full throttle because countries like the USA have encourage people to borrow against their homes with large tax incentives to keep an over extended economy charging forward. Greenspan, Clinton, Bush, Reagon, and all the world leaders wanted the people to be in debt with the belief the dead beats must wor
We have an inverted yield curve. When the short term rates on the bonds are paying more than the long term there is nothing but scared money in the market. The same people the drove the short term rates higher have plenty more to panic with.
The US dollar is crashing. Oil is surging.
The Federal Reserve claims the world is not seeing inflation. The Federal Reserve predicts slowing growth throughout the world. In other words they see no reason not to cut rates again.
All of this translate to higher commodity prices. Gold is the obvious choice, but when playng with the obvious
Bunge (NYSE:BG) issued a warning early before market open on Tuesday April 3 that they will not be meeting the street's consensus for earnings. The excuse of choice is a convoluted explaination about the difficulties of managing real world committments to farmers and how to offset them with commodities contracts in the real world futures markets. (Most of the future strategy was going short). Management is holding onto hope for the rest of the year.
Bunge is located in one of the most improbable places for an Ag-business: White Plains New York. The warning was issued when the quart...
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About Bunge Ltd.
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The stock market is in turmoil today and the reasons can be found elsewhere (including in some peoples' imaginations). But if you are a bottom line investor, then here is where you should be looking. Food and energy exploration are the places to be.
After five months of tracking my 2008 picks, it is rewarding to finally have a breakthrough -- topping the three major stock indices and 
