Greenwood Capital Associates LLC and
Centennial Wealth Advisory LLC have made new investments in
Bunge Global SA (BG). However,
Advisors Asset Management and
Inspire Investing scaled back their holdings. BG outperformed Nasdaq but was removed from the FTSE All-World Index. BG’s Q2 results beat the EPS by 134% and revenues. UBS maintains its buy rating on BG due to biofuel prospects. BG and Glencore’s Viterra merger received approval from China, marking the creation of a global agribusiness powerhouse, though there were delays due to U.S.-China tensions.
JP Morgan gave an Overweight rating to the BG stock. BG’s
Q2 2025 earnings and conference call are scheduled. BG has completed the pricing of $1.3 billion senior notes offering and is due to pay a dividend of $0.70. However, short sellers view Bunge as a weak option in the farmland and agricultural stocks sector. BG has finalized the Viterra exchange offers and the $1.92 billion exchange offer for Viterra notes. BG showed weak results across its segments. BG sold their North America Corn Milling Business and increased their commercial paper program by $1B. The company's move to offload 7 corn milling facilities was a major divestment.
Bunge has a strong institutional backing with 84% and 89% ownership. Earnings call transcript: Bunge Q1 2025 EPS Surpasses Forecast, Stock Edges Up. China approves Bunge’s $8.2 billion takeover of Viterra. Bunge-Viterra merger stalled by U.S.-China tensions.
Bunge Global Sa BG News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Sat, 04 Oct 2025 09:13:47 GMT -
Rating 3
- Innovation 7
- Rumor -5
