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Bunge Ltd (BG.N)

BG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Bunge Increases Quarterly Dividend On Common Shares
Wednesday, 23 May 2018 04:05pm EDT 

May 23 (Reuters) - Bunge Ltd ::SETS QTRLY CASH DIVIDEND OF $1.21875 PER 4.875 PERCENT CUMULATIVE CONVERTIBLE PERPETUAL PREFERENCE SHARE .INCREASES QUARTERLY DIVIDEND ON COMMON SHARES AND DECLARES DIVIDENDS ON PREFERENCE SHARES.APPROVED AN INCREASE IN COMPANY'S REGULAR QUARTERLY COMMON SHARE CASH DIVIDEND, FROM $0.46 TO $0.50 PER SHARE.  Full Article

Corbion, Bunge Sign Interim-Agreement On Acquisition Of Bunge's Stake In SB Renewable Oils JV
Thursday, 29 Mar 2018 01:00am EDT 

March 29 (Reuters) - Corbion NV ::CORBION AND BUNGE SIGN INTERIM-AGREEMENT REGARDING THE ACQUISITION OF BUNGE'S STAKE IN SB RENEWABLE OILS JOINT VENTURE.CORBION AND BUNGE ARE 50.1%/49.9% PARTNERS IN SB RENEWABLE OILS.  Full Article

Bunge Limited Declares Dividends On Common And Preference Shares
Wednesday, 14 Mar 2018 04:21pm EDT 

March 14 (Reuters) - Bunge Ltd ::BUNGE LIMITED DECLARES DIVIDENDS ON COMMON AND PREFERENCE SHARES.BUNGE LTD - ‍DECLARED A REGULAR QUARTERLY CASH DIVIDEND OF $0.46 PER COMMON SHARE​.  Full Article

Investor Continental Grain Is Set To Pressure Bunge To Sell Itself - WSJ
Monday, 5 Mar 2018 11:21am EST 

March 5 (Reuters) - :INVESTOR CONTINENTAL GRAIN, WHICH OWNS MORE THAN 1 PERCENT OF BUNGE, IS SET TO PRESSURE CO TO SELL ITSELF - WSJ.CONTINENTAL GRAIN IS EXPECTED ON MONDAY TO SECURE APPROVAL FROM U.S. ANTITRUST REGULATORS TO PURCHASE MORE STOCK - WSJ, CITING SOURCES.  Full Article

Bunge Q4 Loss Per Share $0.48
Wednesday, 14 Feb 2018 06:00am EST 

Feb 14 (Reuters) - Bunge Ltd ::BUNGE REPORTS FOURTH QUARTER 2017 RESULTS.Q4 GAAP LOSS PER SHARE $0.48.QTRLY ADJUSTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS $0.67.EXPECT LODERS CROKLAAN ACQUISITION TO CLOSE IN Q1.BUNGE - AGRIBUSINESS IMPACTED BY WEAK MARGINS; SUGAR & BIOENERGY IMPACTED BY ADVERSE WEATHER IN QUARTER.Q4 OILSEED MARGINS DID NOT RECOVER "AS QUICKLY AS EXPECTED".BUNGE - SUGARCANE MILLING RESULTS WERE NEGATIVELY IMPACTED BY SUSTAINED PERIOD OF RAIN LATE IN QUARTER.QTRLY NET SALES $11,605 MILLION VERSUS $11,799 MLN‍​.Q4 EARNINGS PER SHARE VIEW $1.37, REVENUE VIEW $12.55 BILLION -- THOMSON REUTERS I/B/E/S.BUNGE - "WE EXPECT A SOFT Q1 WITH IMPROVING CONDITIONS THROUGHOUT REMAINDER OF YEAR"."GLOBAL COMPETITIVENESS PROGRAM IS OFF TO A STRONG START, PUTTING US ON A GOOD TRAJECTORY TO ACHIEVE $250 MILLION TARGET BY END OF 2019".EXPECT FOR 2018 (EXCLUDING THE LODERS CROKLAAN ACQUISITION) CAPITAL EXPENDITURES OF ABOUT $650 MILLION‍​.SAYS CONTINUE TO WORK TOWARD SEPARATION OF SUGARCANE MILLING BUSINESS.SAYS CO IS IN THE PROCESS OF EXITING FROM ITS GLOBAL SUGAR TRADING ACTIVITIES AND RENEWABLE OILS JOINT VENTURE.AS A RESULT OF TAX LAW CHANGES IN THE U.S. AND ARGENTINA DURING THE FOURTH QUARTER, CO RECOGNIZED A NON-CASH CHARGE OF $66 MILLION.  Full Article

ADM Is Said In Advanced Talks To Acquire Bunge - Bloomberg, Citing Sources
Monday, 5 Feb 2018 08:28am EST 

Feb 5 (Reuters) - :ARCHER DANIELS MIDLAND IS SAID IN ADVANCED TALKS TO ACQUIRE COMMODITY TRADER BUNGE - BLOOMBERG, CITING SOURCES.ADM AND BUNGE COULD REACH AN AGREEMENT AS EARLY AS THIS WEEK - BLOOMBERG, CITING SOURCES.  Full Article

Archer Daniels Midland Has Made Takeover Approach To Bunge- WSJ
Friday, 19 Jan 2018 04:03pm EST 

Jan 19 (Reuters) - :ARCHER DANIELS MIDLAND CO HAS MADE A TAKEOVER APPROACH TO BUNGE LTD - WSJ, CITING SOURCES‍​.  Full Article

Bunge and Grupo Minsa agree to terminate agreement
Friday, 17 Nov 2017 04:15pm EST 

Nov 17 (Reuters) - Bunge Ltd :Bunge and Grupo Minsa agree to terminate agreement.‍bunge North America - Bunge, Minsa decided to terminate share subscription deal which would have given bunge controlling financial interest in minsa​.  Full Article

Bunge announces organizational and leadership team changes
Wednesday, 15 Nov 2017 04:01pm EST 

Nov 15 (Reuters) - Bunge Ltd :Bunge announces organizational and leadership team changes.Bunge Ltd says is ‍simplifying its structure from five operating companies to three regions - North America, South America and Europe/Asia​.  Full Article

Bunge reports Q3 GAAP earnings per share $0.59
Wednesday, 1 Nov 2017 06:00am EDT 

Nov 1 (Reuters) - Bunge Ltd :Bunge reports third quarter 2017 results.Q3 GAAP earnings per share $0.59.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.Bunge Ltd qtrly adjusted earnings per share from continuing operations ‍$0.75​.Qtrly net sales $‍11,423​ million versus $11,423 million.Bunge Ltd - ‍Expect to meet or exceed $15 million 2017 target set out in co's competitiveness program​.Bunge Ltd - E‍arnings improved sequentially and year-over-year, although they continued to be impacted by market and industry headwinds.Bunge Ltd - ‍Reducing earnings guidance for year in agribusiness and sugar & bioenergy​.Bunge Ltd - ‍In grains, higher origination results were driven by improvements in Brazil and Argentina in the quarter​.Q3 revenue view $11.98 billion -- Thomson Reuters I/B/E/S.Bunge - ‍In oilseeds, overall global structural crush margins were compressed during quarter , reflecting farmer retention and excess meal supply.Bunge - ‍Savings from competitiveness program expected to total $100 million with additional $80 million of savings from industrial initiatives in 2018​.Bunge Ltd - ‍Overall, expect sequential earnings improvement in Q4.Bunge Ltd says ‍global oilseed crush and distribution margins continue to track below expectations.  Full Article

Bunge in talks with traders to sell 300,000 tonnes of raw sugar

SAO PAULO, June 18 U.S.-based food processor Bunge Ltd is in talks with major sugar traders looking for the best terms to sell around 300,000 tonnes of raw sugar to be produced by its Brazilian unit as part of the 2018-19 crop, a Bunge executive told Reuters on Monday.