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Archer Daniels Midland Co (ADM.N)

ADM.N on New York Stock Exchange

42.61USD
23 Jan 2018
Change (% chg)

$-0.14 (-0.33%)
Prev Close
$42.75
Open
$42.35
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Volume
929,558
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$47.44
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Latest Key Developments (Source: Significant Developments)

ADM And Vland Enter Joint Development Agreement For Feed Enzyme Technology
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Archer Daniels Midland Co ::ADM AND VLAND ENTER JOINT DEVELOPMENT AGREEMENT FOR FEED ENZYME TECHNOLOGY.ADM TO OPEN NEW LAB TO CONDUCT ENZYME RESEARCH AND DEVELOPMENT.VLAND TO CONDUCT RESEARCH & DEVELOPMENT IN ITS QINGDAO RESEARCH LABORATORY.PRODUCTS DEVELOPED UNDER AGREEMENT WILL BE COMMERCIALIZED BY BOTH COMPANIES.UNDER TERMS OF AGREEMENT, COMPANIES WILL SHARE ENZYME-PRODUCING STRAINS AS A BASIS FOR DEVELOPMENT OF FEED ENZYMES.JOINT DEVELOPMENT AGREEMENT FOR DEVELOPMENT AND COMMERCIALIZATION OF ENZYMES FOR ANIMAL FEED APPLICATIONS.  Full Article

Aimmune Extends Supply Agreement With Golden Peanut And Tree Nuts For Experimental Allergy Treatment
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Aimmune Therapeutics Inc ::AIMMUNE THERAPEUTICS BROADENS AND EXTENDS SUPPLY AGREEMENT WITH GOLDEN PEANUT AND TREE NUTS FOR AR101 FOR PEANUT ALLERGY.AIMMUNE THERAPEUTICS INC - ‍NEWLY EXPANDED GLOBAL AGREEMENT SECURES EXCLUSIVE SUPPLY RELATIONSHIP THROUGH 2033​.AIMMUNE THERAPEUTICS INC - AR101 IS CURRENTLY IN PHASE 3 CLINICAL TRIALS, WITH PIVOTAL TOPLINE DATA EXPECTED IN FEBRUARY.AIMMUNE THERAPEUTICS INC - ‍AS PART OF AGREEMENT, AIMMUNE HAS GRANTED ADM A 300,000-SHARE EQUITY STAKE IN AIMMUNE​.AIMMUNE THERAPEUTICS BROADENS AND EXTENDS SUPPLY AGREEMENT WITH GOLDEN PEANUT AND TREE NUTS FOR AR101 FOR PEANUT ALLERGY.AIMMUNE THERAPEUTICS - ‍ AGREEMENT GIVES CO EXCLUSIVE ACCESS TO ADDITIONAL GOLDEN PRODUCTS THAT COULD BE DEVELOPED INTO PEANUT ORAL IMMUNOTHERAPIES​.  Full Article

Archer Daniels Midland Reaches Agreement To Sell Bolivian Oilseeds Operations
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Archer Daniels Midland Co ::ADM REACHES AGREEMENT TO SELL BOLIVIAN OILSEEDS OPERATIONS.SAYS ‍UNTIL CLOSE OF DEAL, ADM WILL CONTINUE TO OPERATE ITS OILSEEDS BUSINESS IN BOLIVIA​.SAYS REACHED AN AGREEMENT TO SELL ITS OILSEEDS OPERATIONS IN BOLIVIA TO INVERSIONES PIURANAS S.A..SAYS SALE ENCOMPASSES CO'S PROCESSING FACILITY IN SANTA CRUZ DE LA SIERRA, 9 GRAIN SILOS & BOLIVIAN DISTRIBUTION BUSINESS.  Full Article

Archer Daniels Midland Co ‍declares cash dividend of 32 cents per share on common stock​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Archer Daniels Midland Co :Archer Daniels Midland Co - ‍declared a cash dividend of 32 cents per share on company's common stock​.  Full Article

ADM reports third quarter earnings of $0.34 per share, $0.45 per share on an adjusted basis
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Archer Daniels Midland Co :ADM reports third quarter earnings of $0.34 per share, $0.45 per share on an adjusted basis.Q3 adjusted earnings per share $0.45.Q3 earnings per share $0.34.Q3 earnings per share view $0.55 -- Thomson Reuters I/B/E/S.Archer Daniels Midland Co - qtrly revenues $‍​14,827 million versus $15,832 million last year.Archer Daniels Midland Co qtrly oilseeds processing segment adjusted operating profit of $119 million versus $145 million last year.Archer Daniels Midland Co - qtrly agricultural services segment adjusted operating profit of $‍87​ million versus $195 million last year.Q3 revenue view $16.00 billion -- Thomson Reuters I/B/E/S.Archer Daniels Midland-in oilseeds processing,crushing and origination results in quarter impacted by compressed global crush margins.Archer Daniels Midland-in oilseeds processing,crushing and origination results in quarter also impacted by weak south america origination margins​.Archer Daniels Midland Co - qtrly ‍EPS as reported of $0.34 includes a $0.12 per share charge related to asset impairments and restructuring activities​.Archer Daniels Midland-qtrly segment operating profit includes $63 million charges ($0.07 per share) related to asset impairment, restructuring charges.Archer Daniels - "‍Q3 results were below expectations, as operating environment in AG services, oilseeds businesses was more challenging than anticipated​".  Full Article

Archer Daniels Midland files for potential mixed shelf, size undisclosed - SEC filing
Friday, 4 Aug 2017 

Aug 4 (Reuters) - Archer Daniels Midland Co :Archer Daniels Midland Co files for potential mixed shelf, size undisclosed - SEC filing.  Full Article

Wilmar International Ltd and ADM receive approvals for Olenex joint venture
Friday, 23 Sep 2016 

Wilmar International Ltd : Archer Daniels Midland Company and Wilmar International announced that they received all required competition approvals for their agreement . Companies anticipate formally launching new venture in coming weeks .Agreement stipulates that refined oils and fats from ADM's other plants in Czech Republic, Germany, Netherlands, Poland and U.K. Be marketed by Olenex.  Full Article

Glg Life Tech reported Q2 loss per share of $0.11
Friday, 12 Aug 2016 

Glg Life Tech Corp : Glg Life Tech Corporation reports 2016 second quarter financial results . Qtrly loss per share $0.11 . Qtrly revenue $4.32 million .Total revenue for quarter was down 46% relative to Q2 2015.  Full Article

Archer Daniels Midland announces pricing of $1 bln of 2.50 pct notes due 2026
Monday, 8 Aug 2016 

Archer Daniels Midland Co : Archer daniels midland company announces pricing of $1 billion of 2.50% notes due 2026 .Notes will be issued at a public offering price of 2.533%.  Full Article

Archer Daniels Midland sets cash dividend of $0.30 per share
Wednesday, 3 Aug 2016 

Archer Daniels Midland Co :Sets cash dividend of $0.30 per share.  Full Article

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ADM approach to Bunge marks potential U-turn on oilseed strategy

CHICAGO Archer Daniels Midland Co's proposed takeover of Bunge Ltd could signal a change in the company's strategy on oilseeds, giving the top U.S. grain merchant a much bigger capacity to crush soy just months after ADM's chief executive said the firm would cut spending on the sector.