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October 13, 2010

Cargill, the world’s largest agricultural commodities trader, notched up a 68% year-on-year rise in net profits in the first quarter ended August 31st on the back of strong demand for grain.

Cargill, the world's largest agricultural commodities trader, notched up a 68% year-on-year rise in net profits in the first quarter ended August 31st on the back of strong demand for grain.
 
The Minnesota-based company said buoyant growth in its trading and processing segments bolstered profits. Revenues in the quarter were $27.8 billion.
 

November 6, 2008

Despite reporting a 14% year-on-year drop in third quarter profits and the postponement of its capital increase, drinks giant InBev has announced that its $52 billion deal acquisition of AnheuserBusch will go ahead.

Despite reporting a 14% year-on-year drop in third quarter profits and the postponement of its capital increase, drinks giant InBev has announced that its $52 billion deal acquisition of AnheuserBusch will go ahead.

The Belgian brewer saw its profits fall to €447 million from €519 million over the same period last year but remains optimistic for the future.

July 10, 2008

Levi Strauss & Co, the family-owned jeans retailer, has recorded second-quarter profits of $1 million – down 98% from 2007. Net income dropped to $936 million from $1 billion a year earlier.

Levi Strauss & Co, the family-owned jeans retailer, has recorded second-quarter profits of $1 million – down 98% from 2007. Net income dropped to $936 million from $1 billion a year earlier.

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