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Gruma faces challenges from rising corn prices and competition, but has opportunities for growth in the U.S. market. Click here to read why GPAGF is a Buy.
Tortilla-maker Gruma holds the power to fix higher prices in the corn flour market, Mexico's antitrust watchdog said in a preliminary decision on Monday, concluding that conditions in the top food ...
Gruma reported a 2% decline in revenue (in U.S. dollars) in the Mexican operations this quarter, with volume basically flat. Management blamed weather disruptions for some of the volume weakness ...
If you want to keep buying corn, you're going to be on your own." And by the way, the only producers at this point of masa harina are GRUMA and the Mexican government. So this is really a direct ...
Mexican tortilla maker Gruma's subsidiary Mission Foods Mexico will spend 1.5 billion pesos ($89 million) over the next six to eight years to build a production plant in the coastal state of ...
Barclays analyst Benjamin Theurer upgraded Gruma (GPAGF) to Overweight from Equal Weight. The firm told investors in a research note on Friday that low valuations driven by higher risk premiums ...
Gruma said operating margin at Gruma USA grew 220 basis points during the second quarter to 14.4% from 12.2%. Meanwhile, cost of sales as a percentage of net sales improved 120 basis points to ...
Mission Taco Joint and Gruma Corp. in a joint notice filed Friday in U.S. District Court said they have agreed on terms to resolve their lawsuit. Up-and-coming business leaders celebrated at 40 ...
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Local taco chain to change name after trademark dispute - MSNThe name change comes after Mission Taco in November agreed on terms to resolve a lawsuit with Irving, Texas-based Gruma Corp., which had alleged Mission Taco was infringing on trademarks for ...
Reuters. FILE PHOTO: The logo of holding company Gruma, SAB de CV, engaged in corn and flour tortilla production across the world, is pictured at its headquarters in Monterrey, Mexico July 25, 2018.
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