Latest News Updates From Gerson Freitas Jr.

Business, Private, Top 100

Tyson, JBS Set for Earnings Spike From Poultry Rebound

Companies including Tyson Foods and JBS SA, which control a sizable chunk of global meat supplies, are set to report a spike in earnings for the quarter ended in June as a rebound in poultry profits counterbalances a downturn in their U.S. beef operations.

July 31, 2024
Business, Private

ADM Taps 3M CFO as Troubled Trader Seeks Return to Normalcy

Archer-Daniels-Midland Co. 鈥 working to put an accounting scandal behind it 鈥 has hired a 3M Co. executive to oversee its finances and help restore its credibility with shareholders.

July 10, 2024
Business, Private

ADM Shares Fall as CEO Cites Transition From Boom Years

Archer-Daniels-Midland Co.鈥檚 shares slumped as the agribusiness giant warned of pressured margins for the remainder of the year, even as quarterly earnings beat estimates.

April 30, 2024
Business, Fuel, Logistics, Private

ADM Strikes Supply Deal for US Plant-Based Chemical Factory

Archer Daniels Midland Co. has agreed to supply biochemical maker Solugen Inc. with raw materials needed to make plant-based acids at a plant to be built in southwest Minnesota.

October 30, 2023
Business, Logistics, Private

Tyson Foods Reorganizes, Appoints New Supply Chain Chief

Tyson Foods will centralize areas such as transportation and warehousing under fresh meats head Brady Stewart in the food giant鈥檚 latest effort to restore profits.

August 30, 2023
Business, Fuel

Chevron Aims to Lower Emissions at Five US Well Sites

Chevron Corp. is looking to show it can lower methane emissions at five oil well sites in Texas and Colorado as part of an industry push into 鈥渞esponsibly sourced鈥 gas.

February 23, 2022
Business, Fuel

Natural Gas Plunges 12% on Demand-Killing US Weather Outlook

Natural gas futures plummeted as much as 12% in the U.S. as forecasts shifted warmer through the middle of next month, allaying concern about tight domestic supplies amid a global shortage of the heating fuel.

November 29, 2021