Edition:
United Kingdom

Archer Daniels Midland Co (ADM.N)

ADM.N on New York Stock Exchange

39.42USD
17 Nov 2017
Change (% chg)

$0.23 (+0.59%)
Prev Close
$39.19
Open
$39.05
Day's High
$39.49
Day's Low
$39.05
Volume
825,414
Avg. Vol
886,837
52-wk High
$47.44
52-wk Low
$38.59

Latest Key Developments (Source: Significant Developments)

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

Archer Daniels expects capital expenditures of $1 bln during 2016
Tuesday, 2 Aug 2016 

Archer Daniels Midland Co : Says expects capital expenditures of $1.0 billion during 2016 - SEC Filing Source - http://bit.ly/2asEVrh Further company coverage: [ADM.N] (Bengaluru Newsroom; +1 646 223 8780).  Full Article

ADM Q2 earnings per share $0.48
Tuesday, 2 Aug 2016 

Archer Daniels Midland Co : ADM reports second quarter earnings of $0.48 per share, $0.41 per share on an adjusted basis . Q2 earnings per share $0.48 . Q2 adjusted earnings per share $0.41 excluding items . Q2 earnings per share view $0.45 -- Thomson Reuters I/B/E/S . "market conditions began to turn in quarter, presenting improved opportunities for second half" . "continue to make progress in strategic review of our ethanol dry mills" . Remain on track to meet $275 million run-rate savings target by end of calendar year . Qtrly oilseeds processing operating profit $ 234 million versus $ 344 million . Qtrly revenues $15,629 million versus $17,186 million . "with improved fundamentals, we anticipate a more favorable second half of year" .Qtrly agricultural services operating profit $97 million versus $152 million.  Full Article

ADM, GLG Life Tech announce deal to manufacture, market Stevia and Monk Fruit sweeteners
Monday, 6 Jun 2016 

ADM : ADM And GLG Life Tech announce new partnership to manufacture, market, sell and distribute low-calorie stevia and monk fruit sweeteners . GLG will produce an extensive array of low-calorie sweeteners made from Stevia and monk fruit .ADM will be exclusive global marketer and distributor of ingredients to food and beverage companies worldwide.  Full Article

Photo

Glencore says grain M&A hunt goes on after it passes on several targets

GENEVA Commodities giant Glencore has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said.