NEW YORK, May 31, 2013 /PRNewswire/ --
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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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