SYDNEY, Nov 29- Australia rejected the A $2.8 billion takeover of GrainCorp by U.S. agribusiness giant Archer Daniels Midland on Friday, bowing to pressure from grain growers in a rare and surprising decision.
*GrainCorp shares set to fall. SYDNEY, Nov 29- Australia rejected the A $2.8 billion takeover of GrainCorp by U.S. agribusiness giant Archer Daniels Midland on Friday, bowing to pressure from grain growers in a rare and surprising decision.
Production could be "in the 14 billion range" even if the U.S. Environmental Protection Agency lowers its target for use of renewable fuels, ADM CEO Patricia Woertz said in a webcast of a Morgan Stanley conference. The EPA is expected to propose new targets for its Renewable Fuel Standard as early as this week.
CHICAGO/ SYDNEY, Sept 26- Archer Daniels Midland Co said it expects to complete its acquisition of Australian grain handler GrainCorp Ltd by the end of the year, as it hangs on approvals from Australia's new government and other regulators.
CHICAGO, Sept 25- Archer Daniels Midland Co continues to expect to complete its acquisition of Australian grain handler Graincorp Ltd by the end of the year, the U.S. agribusiness giant's chief executive officer said on Wednesday. Graincorp has an edible oils facility in China.
CHICAGO, Aug 6- Archer Daniels Midland Co, one of the world's top agricultural trading houses, on Tuesday warned that a delayed U.S. corn harvest will prolong the hardship of the drought that devastated crops last year.
CHICAGO, Aug 6- Agribusiness company Archer Daniels Midland Co said on Tuesday that quarterly earnings fell as crop supplies tightened in the United States. Revenue for the quarter was $22.54 billion, below Wall Street's expectations for $22.87 billion. The others are Bunge Ltd, Cargill Inc and Louis Dreyfus Corp..
NEW YORK-- Agribusiness conglomerate Archer Daniels Midland, seeking to acquire Graincorp, said Friday that it now owns nearly 15 percent of the Australian grain handler. Archer Daniels Midland Co. purchased a 10 percent stake in GrainCorp Ltd. Thursday night, adding to its existing 4.9 percent holding.
Women account for less than 5 percent of the CEOs in S&P 500 companies. But the number of female CEOs is edging up. The following list consists of 10 CEOs who run the highest valued corporations.