Corporate News Market News for February 2013
Schroder Appointed Bunge CEO
NEW YORK - Feb 7/13 - SNS -- Bunge's board of directors have appointed Soren Schroder, currently chief executive officer (CEO) of Bunge North America, to replace Alberto Weisser, who will retire as CEO effective June 1, 2013. The board also appointed Weisser as executive chairman, serving until December 31, 2013.
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Bunge Reports Q4 Loss
NEW YORK - Feb 7/13 - SNS -- Bunge Limited reported a net loss of U.S. $610 million on sales of $17,040 million for the fourth quarter ending December 31, compared to a profit of $245 million on sales of $15,692 million during the same three month period the previous year.
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Campbell Gross Margins Decline
NEW YORK - Feb 15/13 - SNS -- Campbell Soup Company reported $190 million in net earnings on sales of $2,333 million for the second quarter ending January 27, compared with $205 million on sales of $2,112 million during the same three-month period last year.
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