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Here's The Richest Person In Each State With A Forbes 400 Member: Elon Musk, Jeff Bezos Make List; Bill Gates, Mark Zuckerberg Beaten By Others
Thursday, October 5, 2023 - 6:58pm | 1456The Forbes 400 list of the richest people in America is out and has several people leaving the list and newcomers such as Michael Jordan making their first appearance. This year’s list includes 400 people from 40 states with 240 living in four states. California leads the way with 87 of...
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5 Largest Private Companies By Revenue: Will They Ever Go Public?
Tuesday, May 24, 2022 - 3:01pm | 518Some of the largest companies in the U.S., which employ hundreds of thousands of people and brought in billions in revenue in 2021, are private. For example, Publix Super Markets is an employee-owned supermarket chain that employs 230,000 people across seven Southern states and...
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A SPAC Deal Sprouts For AgTech Company Local Bounti: What Investors Should Know
Friday, June 18, 2021 - 11:16am | 633Agriculture technology continues to be a hot segment for companies seeking to go public with another SPAC deal in the sector announced Friday morning. The SPAC Deal: Local Bounti announced a SPAC deal with Leo Holdings III Corp (NYSE: LIII) valuing the company at $1.1 billion. One of the company...
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Mondelez International Inc, Lindt Among 2014's 4 Big Cocoa Consolidations
Monday, September 8, 2014 - 2:52pm | 651Consolidations in the cocoa business have been in the news for most of 2014. It’s all about leverage and scale, according to participants. Here are four of 2014’s most newsworthy cocoa consolidations, to date. Cargill - ADM Most recently, on September 2, 2014, privately held...
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Take A Look At This Small Cap Biodiesel Producer For 2014
Friday, December 27, 2013 - 3:22pm | 616Renewable Energy Group (NASDAQ: REGI) has been the largest producer of biodiesel energy in the country since 2011. The company’s operations range from acquiring feedstock to distribution of the final product. Renewable Energy regards itself as a “low cost” biodiesel producer: typically corn oil...
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Chocolate Crisis: Cocoa Demand Will Be Unsustainable By 2020
Thursday, October 10, 2013 - 1:23pm | 429Last week, the industry experts on cocoa gathered in London and came to a conclusion that the growing demand for cocoa will be unsustainable by 2020. Independent statements by chocolate giants such as Hershey (NYSE: HSY) and Mars also agree that by 2020, the “situation will be unsustainable.”...
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Government Shutdown Takes A Bite Out of U.S. Food Production, Safety and Pricing Data
Thursday, October 10, 2013 - 10:16am | 600Is the nation's food supply chain facing a “perfect storm” of damaging events when it comes to food production and safety? The U.S. government shutdown has disrupted livestock pricing across the nation. It has also meant darkened offices and laboratories at the Centers for Disease Control and...
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Mosaic Soaring on Takeover Rumors
Tuesday, October 11, 2011 - 10:47am | 94The Mosaic Company (NYSE: MOS) shares are soaring today, up more than 5%, far outpacing the gains of the broader indices on rumors the company might be a takeover target. Cargill, the largest private company in the U.S., has a significant stake in Mosaic, so a straight takeover by another company...
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Cargill Recalls 36M lbs of Ground Turkey with a Simple Press Release, Vague Website Announcement
Thursday, August 4, 2011 - 9:17am | 368At a time of crisis, Cargill believes that it's better to focus on positive things like palm oil and Egyptian soy. While most of the world is focused on Cargill's massive nationwide recall – which includes 36 million pounds of ground turkey – Cargill.com is touting the company's commitment to RSPO...
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Mosaic Falls 2% After-Hours (MOS)
Tuesday, January 18, 2011 - 5:33pm | 133Shares of The Mosaic Company (NYSE: MOS) are falling in the after-hours trade, currently off by 2.20%. Shares are currently trading at $83.20; they closed the regular session at $85.07. The companies jointly announced a transaction that would result in the distribution of Cargill's 64% stake in...