Managed Asset Portfolios LLC,
Universal Beteiligungs und Servicegesellschaft mbH, and many other firms are increasing their investments in
Bunge Global SA. However, some entities like
PNC Financial Services Group Inc. and
Mitsubishi UFJ Trust & Banking Corp are reducing their stakes. In the recent quarterly results,
Bunge Global SA reported reduced profits but a surge in sales, hinting at aggressive expansion. A notable development surrounding the company has been a potential merger with
Glencore-backed Viterra, which received conditional approval from China. Many Wall Street analysts predict the stock's maximization, backed by
Barclay's upgrade of
Bunge Global. The company is set to pay a $0.70/share dividend. An upcoming business update has also been scheduled for October 15th and is expected to reveal the shifting focus to post-merger performance. The earnings report brought mixed reactions due to
Bunge Global's performance beating estimates but raising questions on earnings quality.
Bunge Global Sa BG News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Fri, 21 Nov 2025 11:13:37 GMT -
Innovation 4
- Information 5
- Rumor -2
