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Archer Daniels Midland Co (ADM.N)

ADM.N on New York Stock Exchange

39.21USD
23 May 2019
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Latest Key Developments (Source: Significant Developments)

Soros Fund Management Dissolves Stake In Philip Morris, Phillips 66
Thursday, 16 May 2019 

May 15 (Reuters) - SOROS FUND MANAGEMENT: :SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN PHILIP MORRIS INTERNATIONAL - SEC FILING.SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN PHILLIPS 66 - SEC FILING.SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN COLGATE PALMOLIVE - SEC FILING.SOROS FUND MANAGEMENT TAKES SHARE STAKE OF 125,000 CLASS A SHARES IN TWILIO INC - SEC FILING.SOROS FUND MANAGEMENT UPS SHARE STAKE IN ARCHER DANIELS MIDLAND TO 700,000 SHARES FROM 325,000 SHARES - SEC FILING.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN UNITEDHEALTH GROUP BY 58.8% TO 35,000 SHARES - SEC FILING.SOROS FUND MANAGEMENT: CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

Archer Daniels Midland To Acquire The Ziegler Group, A European Provider Of Natural Citrus Flavor Ingredients
Friday, 15 Mar 2019 

March 15 (Reuters) - Archer Daniels Midland Co ::ARCHER DANIELS MIDLAND SAYS REACHED AGREEMENT TO ACQUIRE THE ZIEGLER GROUP, A EUROPEAN PROVIDER OF NATURAL CITRUS FLAVOR INGREDIENTS.  Full Article

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

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Suitor quits $1.7 billion bid for Australia's GrainCorp, shares tumble

SYDNEY Australia's largest-listed grain handler, GrainCorp Ltd, said that suitor Long-Term Asset Partners (LTAP) has withdrawn its A$2.4 billion ($1.7 billion) takeover bid after due diligence, pushing shares to five-month lows.