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Bunge quarterly profit misses forecasts on lower agribusiness results

2015-07-30 13:12:10| Agriculture - Topix.net

Bunge Ltd, one of the world's largest agricultural commodities traders, reported a lower quarterly profit on weak year-on-year returns in its agribusiness segment and poor food and ingredients margins. The White Plains, New York-based company reported a net second-quarter profit of $72 million, or 50 cents share, compared with $272 million, or $1.81 a share, a year earlier.

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