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Archer Daniels Midland Co (ADM.N)

ADM.N on New York Stock Exchange

37.84USD
16 Aug 2019
Change (% chg)

$1.08 (+2.94%)
Prev Close
$36.76
Open
$36.97
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$37.97
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Volume
1,128,364
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1,091,060
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$52.06
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Thu, Aug 1 2019

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ADM profit plunges as floods, U.S.-China trade war batter grain handler

CHICAGO Global grain trader and food processor Archer Daniels Midland Co on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall Street expectations, after being battered by the U.S.-China trade war and severe U.S. weather this spring that disrupted production and transportation.

UPDATE 3-ADM profit plunges as floods, U.S.-China trade war batter grain handler

CHICAGO, Aug 1 Global grain trader and food processor Archer Daniels Midland Co on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall Street expectations, after being battered by the U.S.-China trade war and severe U.S. weather this spring that disrupted production and transportation.

ADM adjusted profit falls 41.3%

Aug 1 U.S. grains merchant Archer Daniels Midland Co reported a 41.3% drop in second-quarter adjusted profit, hit by severe weather in the country earlier this year and as U.S.-China trade tensions weighed on trading in agri commodities.

UPDATE 2-ADM marries grain trading, oilseed units; second revamp in 14 months

CHICAGO, May 29 Global grains trader Archer Daniels Midland Co said on Wednesday it will consolidate five business units into four in the company's second reorganization in just over a year as adverse weather and a U.S.-China trade dispute threaten profits.

ADM to combine origination and oilseed business

May 29 Archer Daniels Midland Co said on Wednesday it would create a new business unit called Ag Services & Oilseeds, which will combine the U.S. grain merchant's origination and oilseed business operations, effective July 1.

ADM considers ethanol spinoff as first-quarter profit falls on severe weather

CHICAGO/BENGALURU Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant's profit, which tumbled 41% in the first quarter.

UPDATE 5-ADM considers ethanol spinoff as Q1 profit falls on severe weather

CHICAGO/BENGALURU, April 26 Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant's profit, which tumbled 41% in the first quarter.

ADM's move to spin off ethanol assets speaks to industry's woes

NEW YORK/CHICAGO Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry's struggles with U.S. President Donald Trump's trade wars, thin margins, and overproduction.

ADM's move to spin off ethanol assets speaks to industry's woes

NEW YORK/CHICAGO, April 26 Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry's struggles with U.S. President Donald Trump's trade wars, thin margins, and overproduction.

Archer Daniels Midland 1st-qtr profit falls 41 pct

April 26 U.S. grains merchant Archer Daniels Midland Co reported a 41 percent drop in first-quarter profit on Friday, following floods and severe weather conditions that hit the U.S. Midwest earlier this year.

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