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Economic Concern Halts Bunge, Corn Products Merger

Bunge Ltd, White Plains, NY, has called off its planned $4.4 billion acquisition of Corn Products International Inc, Westchester, IL, five days after Corn Products’ board withdrew support for the deal. Bunge could have forced Corn Products shareholders to vote on the deal, but the company decided to call off the transaction completely, citing poor economic conditions. Since the buyout...

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Corn Products, Bunge terminate $4.8 billion merger agreement

NEW YORK (MarketWatch) -- Corn Products International Inc. and Bunge Ltd. said Monday they have terminated a proposed $4.8 billion merger. "While we continue to believe in the long-term strategic benefits of a merger between Bunge and Corn Products, after careful consideration we have determined that it would not be in the best interests of our company or shareholders to pursue...

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Bunge drops bid to buy Corn Products International

Bunge Ltd and Corn Products International formally scrap a $4.8 billion plan to merge, days after the smaller of the two agribusiness firms signals it will pull out of the deal.

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Bunge Ends Corn Products Deal

Bunge Ltd.'s board decided to end a deal to acquire Corn Products International Inc. days after its board pulled its support for the deal.Corn Products board made its move amid the 60% plunge in the all-stock deal's value since its June unveiling to $1.72 billion as Bunge's shares plunged ...

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Corn Products International Notifies Bunge Ltd. of Intent to Change Recommendation of Merger Agreement With Bunge

WESTCHESTER, Ill. - Corn Products International, Inc. (NYSE:CPO) today announced that it notified Bunge Limited (NYSE:BG) on November 4, 2008 of its Board of Directors’ intent to withdraw its recommendation in favor of adoption of the previously announced merg

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Zacks Sell List Highlights: Sotheby's, Bunge Ltd, Starbucks Coffee Co, Office Depot Inc.

Zacks Sell List Highlights: Sotheby's, Bunge Ltd, Starbucks Coffee Co, Office Depot Inc. CHICAGO--()--Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): Sotheby's (NYSE: BID) and Bunge Ltd (NYSE: BG). Further, Zacks announced #4 Rankings...

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Bunge profit falls on lower feed, fertilizer sales

CHICAGO (Reuters) - Oilseed processor and fertilizer producer Bunge Ltd reported on Thursday that quarterly profit fell 33 percent amid lower demand for livestock feed and reduced fertilizer sales in Brazil.

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Seven Summits Research Releases Alerts on RIMM, JPM, SGP, BG, and MR

CHICAGO, Nov. 11 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks. Seven Summits Strategic Investments' PriceWatch Alerts are available at (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's PriceWatch Alerts cover the following stocks: Research In Motion Ltd. (Nasdaq: ), JPMorgan Chase & Co (NYSE: ), Schering-Plough...

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Corn Products May Shuck Its Deal

The $4.2-billion June agreement with Bunge Ltd. may be yet another victim of plunging values.

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ADM profit soars on higher prices; shares jump

... It was not immediately clear if that figure was comparable with reported net income.Rival Bunge Ltd (BG.N: ), the world's largest oilseed processor that reported earnings last month, missed Wall Street's expectations by about 50 percent due mostly to foreign currency exchange rates. ADM does not have the same international exposure.The company said it benefited from a change in inventory...

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Trade Alerts on Recent Analyst Upgrade Notables: WFMI, BG, CAT, NSC, CRM, AMZN

(EMAILWIRE.COM, October 25, 2008 ) DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering recent analyst upgrades: Whole Foods Market Inc. (Nasdaq: WFMI), Bunge Ltd. (NYSE: BG), Caterpillar Inc. (NYSE: CAT), Norfolk S..

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Beacon Equity Issues Technical Trade Alerts on Recent Analyst Upgrades: WFMI, BG, CAT, NSC, CRM, AMZN

DALLAS, Oct. 24 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today. Investors can view all of the daily trading notes for free by visiting: Today's Trade Alerts include: Whole Foods Market Inc. (Nasdaq: ), Bunge Ltd. (NYSE: ), Caterpillar Inc. (NYSE: ), Norfolk Southern Corp. (NYSE: ), Salesforce.com (NYSE: ) and Amazon.com (Nasdaq:...

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Seven Summits Research Releases Comments on GE, PFE, BHP, DOW, and BG

... cover the following stocks: General Electric Co. (NYSE: ), Pfizer Inc. (NYSE: ), BHP Billiton Ltd. (NYSE: ), Dow Chemical Co. (NYSE: ), and Bunge Ltd. (NYSE: ). These brief stock reports may contain details regarding recent or anticipated stock moves, resistance and support price levels, insider trades, upgrades, downgrades, and other news from our network of information...