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Archer Daniels Midland Co (ADM.N)

ADM.N on New York Stock Exchange

41.98USD
15 Feb 2019
Change (% chg)

$-0.26 (-0.62%)
Prev Close
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$41.83
Volume
1,423,987
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$52.06
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$39.16

Latest Key Developments (Source: Significant Developments)

State Street Reports A 6.2% Passive Stake In Archer-Daniels-Midland As Of Dec 31
Thursday, 14 Feb 2019 

Feb 13 (Reuters) - STATE STREET CORPORATION ::STATE STREET CORPORATION REPORTS A 6.2 PERCENT PASSIVE STAKE IN ARCHER-DANIELS-MIDLAND COMPANY AS OF DEC 31 - SEC FILING.  Full Article

Archer Daniels Midland Projects Capital Spending In The Range Of $900 Mln To $1 Bln for 2019- CFO, Conf Call
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Archer Daniels Midland Co ::FOR 2019, CO PROJECTS CAPITAL SPENDING IN THE RANGE OF $900 MILLION TO $1 BILLION - CFO, CONF CALL.EXPECT Q1 2019 ORIGINATION RESULTS TO BE SIGNIFICANTLY HIGHER THAN Q1 2018 - CFO, CONF CALL.PROJECTING HIGHER 2019 CORPORATE COSTS AS WE CONTINUE TO FOCUS ON AND FUND IMPORTANT PROJECTS - CONF CALL.EXPECT STRONGER Q1 2019 NUTRITION PROFIT, DRIVEN BY SALES, CONTRIBUTIONS FROM PROTEXIN AND RODELLE, NEOVIA - CONF CALL.BY 2019 END, EXPECT PROJECT "READINESS" TO ADD $200 MILLION - $250 MILLION TO BOTTOM LINE - CEO, CONF CALL.CASH MARGINS IMPROVED IN CHINA, BETWEEN $10-$15 PER TON CURRENTLY FOR Q1 - CEO, CONF CALL.  Full Article

Archer Daniels Midland Reports Fourth Quarter Results
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Archer Daniels Midland Co ::ADM REPORTS FOURTH QUARTER EARNINGS OF $0.55 PER SHARE, $0.88 PER SHARE ON AN ADJUSTED BASIS.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.88 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.55.Q4 EARNINGS PER SHARE ESTIMATE $0.92 -- REFINITIV IBES DATA.QTRLY REVENUE $15,947 MILLION VERSUS $16,070 MILLION LAST YEAR.Q4 REVENUE VIEW $16.81 BILLION -- REFINITIV IBES DATA.QTRLY OILSEEDS ADJUSTED OPERATING PROFIT OF $432 MILLION VERSUS $201 MILLION.QTRLY EPS AS REPORTED OF $0.55 INCLUDES A $0.02 PER SHARE LOSS RELATED TO SALE OF BUSINESSES AND ASSETS.QTRLY ORIGINATION ADJUSTED. SEGMENT OPERATING. PROFIT $183 MILLION VERSUS $261 MILLION.ARCHER DANIELS MIDLAND - QTRLY EPS AS REPORTED ALSO INCLUDES A $0.35 PER SHARE CHARGE RELATED TO ASSET IMPAIRMENT, RESTRUCTURING, SETTLEMENT CHARGES.CURRENT-QUARTER RESULTS DRIVEN BY INTRA-CO INSURANCE SETTLEMENT RELATING TO SORGHUM SHIPMENTS IN EARLY 2018.CORPORATE QTRLY RESULTS ALSO INCLUDE ASSET IMPAIRMENT AND RESTRUCTURING CHARGES OF $67 MILLION.CORPORATE QTRLY RESULTS ALSO INCLUDE NON-CASH PENSION SETTLEMENT CHARGE OF $117 MILLION.CORPORATE QTRLY RESULTS ALSO INCLUDE ACQUISITION-RELATED EXPENSES OF $12 MILLION.IN ORIGINATION, QTRLY MERCHANDISING AND HANDLING RESULTS WERE LOWER THAN PRIOR-YEAR PERIOD.ADM MADE CHANGES TO ITS SEGMENT REPORTING IN Q1 OF 2018 TO REFLECT CO'S NEW OPERATING STRUCTURE.QTRLY NORTH AMERICAN EXPORTS OF CORN, AND SOYBEANS TO MARKETS OUTSIDE OF CHINA, WERE HIGHER.  Full Article

Eurazeo & Investor Partners Have Sold All Neovia Shares To Archer Daniels Midland
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Archer Daniels Midland Co ::EURAZEO & SOME OTHER SHAREHOLDERS HAVE SOLD ALL NEOVIA SHARES TO ARCHER DANIELS MIDLAND COMPANY.TRANSACTION SALES PROCEEDS FOR CO, INVESTOR PARTNERS TOTAL EUR 225 MILLION, INCLUDING EUR 170 MILLION FOR EURAZEO.  Full Article

Archer Daniels Midland Co Files For Offering Of $400 mln 3.375% Notes Due 2022, $600 mln 4.500% Notes Due 2049
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Archer Daniels Midland Co ::ARCHER DANIELS MIDLAND CO FILES FOR OFFERING OF $400 MILLION 3.375% NOTES DUE 2022 AND $600 MILLION 4.500% NOTES DUE 2049 - SEC FILING.ARCHER DANIELS MIDLAND CO - 2022 NOTES WILL MATURE ON MARCH 15, 2022 AND THE 2049 NOTES WILL MATURE ON MARCH 15, 2049.  Full Article

Archer Daniels Midland Sets Qtrly Dividend Of $0.335/Shr
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Archer Daniels Midland Co ::SETS QTRLY CASH DIVIDEND OF $0.335 PER SHARE.  Full Article

Archer Daniels Midland, Cargill To Form Tech Joint Venture
Tuesday, 30 Oct 2018 

Oct 29 (Reuters) - Archer Daniels Midland Co ::ARCHER DANIELS MIDLAND CO -CO, CARGILL, INCORPORATED, HAVE AGREED TO FORM A TECHNOLOGY JOINT VENTURE, GRAINBRIDGE LLC.ARCHER DANIELS MIDLAND CO - TERMS OF JOINT VENTURE ARE NOT BEING DISCLOSED.ARCHER DANIELS MIDLAND CO - NEW VENTURE INTENDS TO INTRODUCE A SIMPLE AND EASY WAY FOR FARMERS TO EXECUTE GRAIN TRANSACTIONS ON THEIR OWN SCHEDULE.  Full Article

Atum And ADM Extend Joint Development Agreement
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - ATUM::ATUM AND ADM EXTEND JOINT DEVELOPMENT AGREEMENT.ATUM - EXTENDED 2014 AGREEMENT WITH ADM TO APPLY CO'S BIOENGINEERING TECHNOLOGY & GENE ENGINEERING PLATFORM TO ADM'S PROCESS TECHNOLOGIES.  Full Article

Archer Daniels Midland Sets Cash Dividend Of $0.335Per Share
Thursday, 2 Aug 2018 

Archer Daniels Midland Co ::SETS CASH DIVIDEND OF $0.335PER SHARE.  Full Article

Sirius Minerals Signs Agreement With ADM
Tuesday, 31 Jul 2018 

July 31 (Reuters) - SIRIUS MINERALS PLC ::SIGNING OF AGREEMENT WITH ADM FOR SUPPLY OF BINDER FOR ITS POLY4 PRODUCT AND NAMES ADM AS CO'S NORTH AMERICAN OFF-TAKE PARTNER.  Full Article

UPDATE 3-ADM 4th-qtr profit misses as U.S.-China trade war stings, shares drop

Feb 5 U.S. grains trader Archer Daniels Midland Co on Tuesday reported lower-than-expected fourth-quarter 2018 earnings as the U.S.-China trade war roiled global agriculture, sending its shares down more than 6 percent.