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Going decidedly against the tide of company statements on pricing, Grupo Bimbo (GRBMF.PK) - soon...

Going decidedly against the tide of company statements on pricing, Grupo Bimbo (GRBMF.PK) - soon to be the world's biggest bread maker - says raw material costs will ease: "We are expecting to leave behind cost pressures by the second part of the year." It expects one more quarter of high costs tied to an aggressive expansion in hot Brazil.
Comments (3)
  • spald_fr
    , contributor
    Comments (2686) | Send Message
     
    Bimbo kneads dough.
    27 Apr 2011, 01:19 PM Reply Like
  • anarchist
    , contributor
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    Anyone know why Bimbo Bread's stock price crashed 75% a few days ago?
    27 Apr 2011, 01:30 PM Reply Like
  • iambertpertel
    , contributor
    Comment (1) | Send Message
     
    I want to know too.
    High debt buying Sara Lee, and high cost of wheat? But it crashed it one day so I don't know what's up.
    29 Apr 2011, 01:57 PM Reply Like
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