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Cargill -- one of the most powerful food companies in the world -- reported strong earnings that illustrate how it puts inside information to use, perfectly legally, in commodity trading.
The head of distribution at Threadneedle Asset Management has left the group as it restructures the division amid a wave of cost-cutting in the industry.
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Cargill's profit for its second quarter rose 25%, as an investment in a fertilizer maker helped to offset a loss in its risk management and financial segment.
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Bunge, one of the world's largest processors of soybeans, said that it is lowering its full-year 2008 earnings estimate.
Restaurateurs are hoping comfort food offerings and combo meals will lure customers to continue to dine out.
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