Corporate News Market News for October 2012

Glencore Buys Into Russian Grain Terminal

HONG KONG - Oct 2/12 - SNS -- Glencore International plc entered into a 50-50 joint venture agreement with Kernel Holding S.A. through which it has acquired an interest in a deep sea grain export terminal in Taman port in Russia from the EFKO Group. . . . Continue or visitors click here

Legumex-Walker Completes Keystone Purchase

TORONTO - Oct 2/12 - SNS -- Legumex Walker Inc. completed its purchase of Keystone Grain Ltd.for $1.28 million in cash and 587,437 in its common shares. . . . Continue or visitors click here

Cargill Building Camrose Crushing Plant

TORONTO - Oct 3/12 - SNS -- Cargill plans to build a 850,000 metric ton (MT) per year capacity canola crushing plant near Camrose, Alberta. . . . Continue or visitors click here

ADM Targets Australia's GrainCorp

NEW YORK - Oct 22/12 - SNS -- Archer Daniels Midland Company increased the number of GrainCorp Limited shares it owns to now total 14.9% of the Australian company's outstanding shares. . . . Continue or visitors click here

Bunge Reports Improved Profit

NEW YORK - Oct 25/12 - SNS -- Bunge Limited reported net earnings of U.S. $297 million on sales of $17,293 million for the third queater ending September 30, up from net income of $140 million on sales of $15,616 million during the same three-month period last year. . . . Continue or visitors click here