Olam Drops Profit Target as It Cuts Spending

April 26 (Bloomberg) -- Olam International said it will cut spending and sell assets to boost cash while warning it will miss a target to grow profit to $1 billion by 2016. Haslinda Amin reports on Bloomberg Television's "First Up." (Source: Bloomberg)

Full Show: Bloomberg Markets Middle East (05/22)
22:36 - Bloomberg Markets Middle East hosted by Yousef Gamal El-Din, Tracy Alloway, and David Ingles. Guests include Neil Beveridge, senior oil and gas analyst at Sanford C. Bernstein, and Jaap Meijer, head of equity research at Arqaam Capital Limited. (Source: Bloomberg)
  • Carson Block Expresses His Concerns About Snap
  • Where SoftBank's $100 Billion Tech Fund Is Investing
  • LGIM's Roe Confident U.S. Can Generate Inflation