When a company reports earnings it normally leads with revenues and profits (or losses) for that period, but that was not the case for MFC Industrial's (NYSE: MIL) third quarter report. This burgeoning global supply chain management company led with what was an astounding increase in assets and book value.
Digging deeper into the report, the company completed a previously announced takeover of Compton Petroleum Corporation. The total cost more »
Financial reports for 2011 have shown, as expected, an exceptional year for cereal traders in Romania, and have consolidated the podium with three of the top global companies.
It is well known by now that if you look up the words “cereal trade” in an encyclopedia, the first explanation it will return will be “Cargill Inc.” No wonder, then, that America’s largest private company has had its eyes on more »
Agrium (NYSE: AGU) is one of the largest agricultural product retailers in both North and South America. The company produces the major three fertilizers the industry requires; nitrogen, phosphate, and potash. The company with a market cap in excess of $15 billion is located in Canada and provides crop nutrients, seeds, and seed protection nutrients directly to farmers. The company invested more than $5 billion since 2005, for acquisitions of more »
Few characterize Bolivia as politically or economically stable, but the past three months have seen an unusual upswing in nationalizations and other political moves against established projects, especially foreign mineral extraction projects. Bolivia currently boasts a historically rare bill of macroeconomic health – decent, steady growth of about 4% annually, large foreign reserves, little debt, low inflation – largely due to revenue from the last decade’s commodity boom, according to Dr more »