BG Stock Recent News
BG LATEST HEADLINES
The Agriculture - Products industry is set to gain from solid demand. Stocks like Bunge (BG), Andersons (ANDE) and Arcadia Biosciences (RKDA) are poised to ride on this positive trend.
Agricultural commodities have outperformed other commodities in 2023, benefiting firms that process and sell agricultural commodities. Bunge is recommended as a buy due to its low valuation, strong profile, and diversification through a key acquisition. Bunge is expected to benefit from rising global demand for renewable energy and materials used in polymer production.
Here is how Bunge (BG) and Carpenter Technology (CRS) have performed compared to their sector so far this year.
The headline numbers for Bunge (BG) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Bunge (BG) came out with quarterly earnings of $3.72 per share, beating the Zacks Consensus Estimate of $2.61 per share. This compares to earnings of $2.97 per share a year ago.
While the post-pandemic market cycle inspired much speculation into the mix, forward-thinking investors may want to use this time to strategize the best retirement stocks in July. Fundamentally, the future arrives sooner than you expect.
Bunge (BG) and Chevron team up to acquire Chacraservicios to meet the growing demand for lower-carbon renewable feedstocks.
Grains merchant Bunge and oil major Chevron said on Wednesday they have acquired Argentina-based agricultural product company Chacraservicios, as the companies look to expand their renewable energy footprint.
Although the idea of acquiring the highest-yielding enterprises seems lucrative, investors right now should arguably focus on safe dividend stocks to buy. These securities often undergird consistently profitable companies that enjoy revenue predictability.
Bunge's (BG) deal to buy Viterra will create an agribusiness giant, which is expected to result in $250 million of annual gross pre-tax operational synergies in the first three years.