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SINGAPORE (Nov 16): DBS Group Research is maintaining its “hold” recommendation for Olam International, as the stock is expected to trade within its range for the near term.
SINGAPORE (Nov 14): Olam International has posted 3Q earnings down 8.6% to $20.5 million in 3Q16, compared to $22.5 million in the same quarter last year.
SINGAPORE (Oct 25): Home-grown supermarket chain operator Sheng Siong Group is not exactly a fast-growing company. Yet, against a backdrop of soft economic growth and volatile costs, its resilience has made it something of a star performer.
SINGAPORE (Oct 14): Some of the largest farms in the US, with over 100,000 acres of land, run much like corporations, with hundreds of employees and teams of professional managers.
Corporates with money and technology could be on their way to dominating the US agricultural industry. The once-beleaguered Olam International is supplying seeds and machinery, and even doing some planting of its own.
(Sept 14): Olam International, one of the world’s largest food commodities traders, is targeting more acquisitions next year after a US$2 billion ($2.7 billion) spree since late 2014 involving deals in cocoa, peanuts and wheat.