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UPDATE 1-ADM says Brazil soy profit margin to fall sharply in 2015/16

2015-08-04 05:33:04| Food - Topix.net

Archer Daniels Midland Co expects average profit margins in Brazil's 2015/16 soy production to fall 77 percent from the previous season after two years of falling soybean prices, the company's South America president said on Monday. Valmor Schaffer projected profit margins of 122.20 reais per hectare, down from 539.03 reais in 2014/15, and said average margins would only remain positive because of a weakening Brazilian currency, which raises payment in dollars.

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UPDATE 1-ADM says Brazil soy profit margin to fall sharply in 2015/16

2015-08-04 02:02:59| Agriculture - Topix.net

Archer Daniels Midland Co expects average profit margins in Brazil's 2015/16 soy production to fall 77 percent from the previous season after two years of falling soybean prices, the company's South America president said on Monday. Valmor Schaffer projected profit margins of 122.20 reais per hectare, down from 539.03 reais in 2014/15, and said average margins would only remain positive because of a weakening Brazilian currency, which raises payment in dollars.

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Mid-Day Market Update: Monday's Movers, Greece's Stock...

2015-08-03 21:17:30| Appliances - Topix.net

After minutes of Greece's stock market reopening after a five-week shut down, the Athens benchmark composite dwindled nearly 20 percent in just a few minutes after the open. The declined illustrates that investors are still worried about Greece even after the bailout negotiations.

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Southwest Ventilation Project Update: July 31, 2015

2015-08-03 17:28:50| PortlandOnline

Construction has progressed to SW Virginia Avenue from SW Taylors Ferry Road in an Environmental Services project to reduce sewer odors and increase the capacity of the Southwest Parallel Interceptor sewer system. The project is designed to accommodate current needs and potential growth. Since February, the contractor has installed about 1,000 feet of 24-inch concrete pipe and 6 manholes along SW Taylors Ferry Road.

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Finance News Update, what you need to know

2015-08-03 09:33:08| Oil & Gas - Topix.net

At 0630 AEST on Monday, the currency was trading at 73.11 US cents, up from 72.84 cents on Friday. And the Australian share market looks set to open lower after falls on Wall Street where weakness in petroleum-linked equities weighed on stocks following poor earnings from ExxonMobil and Chevron and a drop in oil prices ATHENS - Attention will be focused on Greece's embattled banks on Monday when the Athens stock exchange reopens after an absence of nearly a month because of the country's debt crisis.

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