Edition:
India

Archer Daniels Midland Co (ADM.N)

ADM.N on New York Stock Exchange

40.78USD
16 Jan 2018
Change (% chg)

$0.28 (+0.69%)
Prev Close
$40.50
Open
$40.58
Day's High
$40.96
Day's Low
$40.58
Volume
1,554,862
Avg. Vol
915,606
52-wk High
$47.44
52-wk Low
$38.59

Latest Key Developments (Source: Significant Developments)

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 sets cash dividend of $0.32 per share
Thursday, 3 Aug 2017 

Aug 3 (Reuters) - Archer Daniels Midland Co ::Sets cash dividend of $0.32 per share.  Full Article

Archer Daniels expects $80 mln -$100 mln restructuring charges
Wednesday, 2 Aug 2017 

Aug 1 (Reuters) - Archer Daniels Midland Co :Archer Daniels Midland - expect to record restructuring, impairment charges of about $80 million to $100 million pre-tax related to actions announced in Q3.Archer Daniels Midland - on July 31, co announced change to U.S. salaried employee defined benefit pension plan - SEC filing.Archer Daniels Midland - effective December 31, 2021, the accrued pension benefits of active traditional formula plan participants will be frozen.Archer Daniels Midland - company will be undertaking a pension plan remeasurement in the third quarter of 2017.Archer Daniels - in Q2, independent third party issued confidential decision resolving matter related to sale of co's cocoa processing business.Archer Daniels - during Q2, co adjusted its reserve and paid Olam full and final amount determined by the independent third party.  Full Article

ADM reports Q2 earnings per share $0.48
Tuesday, 1 Aug 2017 

Aug 1 (Reuters) - Archer Daniels Midland Co : :Adm reports second quarter earnings of $0.48 per share, $0.57 per share on an adjusted basis.Q2 adjusted earnings per share $0.57.Q2 earnings per share $0.48.Q2 earnings per share view $0.52 -- Thomson Reuters I/B/E/S.Archer Daniels Midland Co - Q2 revenue $14,943​ million versus $ 15,629 million last year.Archer Daniels Midland Co qtrly oilseeds processing operating profit $‍206​ million versus $235 million.Archer Daniels Midland Co - ‍"Ahead Of Pace to meet our 2017 target of $225 million in run-rate savings"​.Archer Daniels Midland - Q2 ‍EPS as reported includes a $0.04 per share charge related to asset impairments, restructuring and settlement activities​.Archer daniels midland co - weak margins in both global soybean crush and south american origination impacted crushing and origination results​ in q2.Archer Daniels Midland Co - qtrly agricultural services operating profit $109 million versus $57 million last year.  Full Article

ADM reports Q2 EPS $0.48
Tuesday, 1 Aug 2017 

Aug 1 (Reuters) - Archer Daniels Midland Co :Adm reports second quarter earnings of $0.48 per share, $0.57 per share on an adjusted basis.Q2 adjusted earnings per share $0.57.Q2 earnings per share $0.48.Q2 earnings per share view $0.52 -- Thomson Reuters I/B/E/S.Q2 revenue $ ‍14,943​ million versus $ 15,629 million last year.Archer Daniels midland co qtrly oilseeds processing operating profit $‍206​ million versus $235 million.‍"Ahead of pace to meet our 2017 target of $225 million in run-rate savings"​.Q2 ‍EPS as reported includes a $0.04 per share charge related to asset impairments, restructuring and settlement activities​.Weak margins in both global soybean crush and South American origination impacted crushing and origination results​ in Q2.Qtrly agricultural services operating profit $109 million versus $57 million last year.  Full Article

ADM Animal Nutrition recalls Rough-N-Ready cattle feed
Saturday, 24 Jun 2017 

June 23 (Reuters) - Archer Daniels Midland Co -:ADM Animal Nutrition - recalls rough-n-ready cattle feed because product contains elevated levels of monensin beyond recommended dosage.ADM Animal Nutrition says received reports from two customers claiming feed may have resulted in death loss on their respective farms.ADM Animal Nutrition - initiated recall upon confirmation that feed contained elevated levels of monensin due to temporary breakdown in packaging process.ADM Animal Nutrition - ADM has been in direct contact with distributors involved in recall, all product has been removed from retail shelves.  Full Article

ADM to end production at wheat mill in Chicago when new mill in Illinois is operational
Friday, 2 Jun 2017 

June 2 (Reuters) - Archer Daniels Midland Co ::ADM to construct new flour mill in Illinois.New facility will have a daily milling capacity of 30,000 cwts, and ability to grind soft and hard wheat varieties.New facility targeted to begin operations in mid-2019.When new facility is fully operational, co intends to end production at its current wheat mill in Chicago.  Full Article

MOVES-COFCO International hires ex-ADM manager to head new Asia zone

PARIS, Jan 15 Chinese agricultural trader COFCO International has hired former Archer Daniels Midland Co manager Frederik Groth as head of the Asia-Pacific (APAC) region excluding China.