NEW YORK, May 31, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please
scroll to bottom.
Today, Wall Street Reports announced new research reports
highlighting Archer Daniels Midland Company (NYSE: ADM), Bunge Ltd.
(NYSE: BG), Chiquita Brands International Inc. (NYSE: CQB), BRF SA
(NYSE: BRFS), and Dole Food Company Inc. (NYSE: DOLE). Today's
readers may access these reports free of charge - including full
price targets, industry analysis and analyst ratings - via the
links below.
Archer Daniels Midland Company
Research Report
On May 23, 2013, Archer Daniels
Midland Company (ADM) donated $50,000
to the American Red Cross to help provide relief to those affected
by the tornado in Oklahoma. ADM is
also matching all employee contributions of $25 or more to the American Red Cross. "Homes,
schools and businesses were destroyed by this devastating tornado,
and there is a lot of work to do to restore the Moore community," said Mark Thrower, Superintendent for ADM's Grain
Terminal in Enid. Thrower added,
"ADM is proud to be an integral part of Oklahoma's agriculture community with more
than 125 employees here, and we want to do our part to help get
everyone back on their feet." The Full Research Report on Archer
Daniels Midland Company - including full detailed breakdown,
analyst ratings and price targets - is available to download free
of charge at:
[http://www.wsreports.com/r/full_research_report/924f_ADM]
Bunge Ltd. Research Report
On May 24, 2013, Bunge Ltd.
(Bunge) announced the results of its Annual Meeting of Shareholders
held on the same day. Shareholders elected Bernard de La Tour,
William Engels, L. Patrick Lupo and Soren Schroder as Directors for a three-year
term. The Board now comprises of 11 directors. Shareholders also
approved the appointment of Deloitte & Touche LLP as the
independent auditors for FY 2013, and the authorization of the
Audit Committee of the Board of Directors to determine the
independent auditors' fees. The Full Research Report on Bunge Ltd.
- including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/09b6_BG]
Chiquita Brands International Inc.
Research Report
On May 7, 2013, Chiquita Brands
International Inc. (Chiquita) released its financial and operating
results for Q1 2013. Chiquita posted GAAP net income of
$2 million, compared with GAAP net
loss of $11 million in Q1 2012. For
Q1 2013, comparable operating income was $23
million, compared with $13
million in Q1 2012. "We continue to execute against our
previously announced restructuring plans and strategy to focus on
our core products," said Ed
Lonergan, Chiquita's President and CEO. Lonergan added, "We
are pleased that our first quarter results reflect the initial
benefits from these strategic decisions and actions. The
improvements overcame euro exchange rates that negatively impacted
this quarter by $12 million after
hedging, and we view these results as a clear sign of the progress
we are making and a good first step toward achieving our long-term
financial targets." The Full Research Report on Chiquita Brands
International Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge
at: [http://www.wsreports.com/r/full_research_report/dc1b_CQB]
BRF SA Research Report
On May 21, 2013, the organizing
committee of the Rio 2016 Olympic and Paralympic Games (Rio 2016)
and BRF SA (BRF) announced that BRF's Sadia and Batavo brands will
be the official supporters of the Rio de Janeiro Olympic Games in
the Packaged Food and Dairy Products categories, respectively.
Carlos Arthur Nuzman, President of
Rio 2016, praised the agreement, "Sadia and Batavo are brands that
enjoy enormous empathy on the part of the Brazilian consumer as
well as having a track record of involvement with sport. The
agreement will serve as an excellent platform for engaging the
population and underscoring our commitment to the athletes and the
sporting community in Brazil.
These are two more brands of great prestige to believe in the
Games, for us, a source of satisfaction and pride." Jose Antonio Fay, CEO of BRF, also added, "This
will be the first time that the Olympic and Paralympic Games have
been held in Brazil. This is a
moment for which all of us are waiting and one where we could not
sit on the sidelines. The Sadia and Batavo brands are perfect
vehicles for disseminating the practice of sport throughout the
country. Both of them have the potential to impact positively the
lives of Brazilians." The Full Research Report on BRF SA -
including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/fec3_BRFS]
Dole Food Company Inc. Research
Report
On May 2, 2013, Dole Food Company
Inc. (Dole) announced its financial and operating results for Q1
2013. Adjusted EBITDA from continuing operations was $34 million, compared to $44 million in Q1 2012. Comparable income from
continuing operations was $11
million, or $0.12 per share,
compared with $22 million, or
$0.24 per share, in Q1 2012; while
Income from continuing operations for Q1 2013 was $4 million, or $0.04 per share, compared with $26 million, or $0.29 per share, in Q1 2012. "Compared with 2012,
excluding this amount, Adjusted EBITDA improved to $68 million from $44
million for Dole's continuing operations. Dole's first
quarter performance is in line with our full-year expectations for
2013, at the low end of the guidance range of $150-$170 million," said C. Michael Carter, Dole's President and Chief
Operating Officer. Carter added, "First quarter Adjusted EBITDA
from both of our remaining lines of business exceeded last year.
Earnings grew in all of our core fresh fruit product lines. Fresh
vegetables performance improved largely due to a turn-around in the
fresh-packed product line." The Full Research Report on Dole Food
Company Inc. - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/5d78_DOLE]
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