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Bunge Posts Loss; Potash Profit Smaller
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Bunge(BG Quote) reported a first-quarter loss while Potash(POT Quote) saw a sharp drop in profit as the demand for fertilizer products fell.
Bunge said Thursday that it lost $195 million, or $1.76 per share, compared with a profit of $289 million, or $2.10 per share, in the year-ago quarter.
Sales fell 26% to $9.2 billion, from $12.47 billion. ...
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