Stocks Archer Daniels Midland Co

More

  • Exxon and UBS are big market movers Tuesday, 2 Feb 2016 | 4:24 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq stock market:. Exxon Mobil Corp., down $1.70 to $74.59. UBS Group AG, down $1.29 to $15.23.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stock index futures fell sharply as declines in oil prices continued to weigh on investor sentiment.

  • ADM punished in market awash in grain Tuesday, 2 Feb 2016 | 7:17 AM ET

    DECATUR, Ill.— Shares of Archer Daniels tumbled 8 percent Tuesday as rising stockpiles of grain, plunging energy prices, and a strong dollar took a toll on the agribusiness giant. The Chicago company had a net income of $718 million, or $1.19 per share, compared with $701 million, or $1.08 a share, from the same period last year. That was a penny less than expected on Wall...

  • CHICAGO, Jan 7- Slumping commodities prices and weak demand in some markets took their toll on profits for global commodities trader Cargill Inc in the quarter ending Nov. 30, sending earnings and revenue down 13 percent and 10 percent, respectively. In the latest of a growing list of weak earnings by agriculture-focused companies, Cargill's lower results...

  • Noble sells farm stake to China's COFCO for $750M Tuesday, 22 Dec 2015 | 8:54 PM ET

    Noble Group has reached an agreement to sell its 49 percent stake in Noble Agri to Chinese state-owned COFCO for $750 million.

  • NEW YORK, Dec 22- Noble Group Ltd said on Tuesday it has agreed to sell its remaining 49 percent stake in its agribusiness to China's state-owned COFCO International Ltd, exiting agricultural markets as the Asian commodity merchant seeks to slash debt and shore up cash. It will expand its global footprint in agricultural markets, rivaling the "ABCD" quartet of...

  • LONDON/ NEW YORK/ PARIS, Dec 18- Louis Dreyfus Commodities is seeking buyers for its orange juice and fertiliser units as the global merchant focuses on higher-margin activities, sources said, the latest firm to take steps to weather weak commodity markets. The vast juice operations- one of the world's biggest- include seven processing factories in Brazil, the...

  • LONDON/ NEW YORK/ PARIS, Dec 18- Global trading house Louis Dreyfus Commodities is seeking buyers for its orange juice and fertilizer businesses in a shift to focus on higher-margin activities, two sources said. Louis Dreyfus is one of the "ABCD" quartet of traders who dominate global agricultural trading, along with Archer Daniels Midland, Bunge and Cargill.

  • LONDON, Oct 22- Syrian raw sugar imports have jumped in recent weeks as the country bolsters local stocks at the same time as Russia has stepped up its support for ally President Bashar al-Assad, trade sources said. In 2014, he was ordered to serve a 12- month jail term by Britain's High Court for contempt of court due to breach of contract in a deal with U.S. agri group...

  • *COFCO in talks on new deal with Noble Group. SINGAPORE/ LONDON, Dec 15- China's food giant COFCO is in advanced talks to take full ownership of Noble Group's agribusiness, three sources said, a move which would cement its newfound strength in global agriculture markets and help bolster Noble's balance sheet. The sources said COFCO was in talks to buy the remaining...

  • NEW YORK, Nov 23- A mountain of peanuts is piling up in the U.S. south, threatening to hand American taxpayers a near $2- billion bailout bill over the next three years, and leaving the government with a big chunk of the crop on its books. First, the U.S. Department of Agriculture is paying farmers most of the difference between the "reference price" of $535 per ton and...

  • Nov 20- Major sugar companies and corn refiners including Archer Daniels Midland Co have settled litigation over an ad campaign about high fructose corn syrup, the parties said in a joint statement on Friday. Several sugar refiners including global leader ASR Group alleged in a 2011 lawsuit that a Corn Refiners Association advertising campaign describing...

  • SAN FRANCISCO, Nov 20- Major sugar companies and corn refiners including Archer Daniels Midland Co have settled litigation over an ad campaign about high fructose corn syrup, the parties said in a joint statement on Friday.

  • Syngenta sues Cargill, ADM in GMO corn fight Friday, 20 Nov 2015 | 12:56 PM ET

    CHICAGO, Nov 20- Swiss seed company Syngenta AG has sued top U.S. grain exporters Cargill Inc and Archer Daniels Midland Co over losses that U.S. farmers said they suffered from rejections of boatloads of genetically modified corn by China. Syngenta's decision to sell a type of GMO corn seed called MIR 162, also known as Viptera, before obtaining import approval...

  • Nov 19- ASR Group, the world's largest sugar refiner, recorded sales of almost $3 billion in 2012, according to a deposition of ASR board member Pepe Fanjul Jr. disclosed in the U.S. sugar industry's legal battle with the country's powerful corn sector. Several sugar refiners including ASR alleged in a 2011 lawsuit that a Corn Refiners Association ad campaign...

  • LONDON, Nov 13- Cargill Inc, one of the world's largest privately held corporations, has launched a restructuring that includes job cuts, one company source and four industry sources said on Friday, the latest casualty of a downturn in the farm economy. The cutbacks at the Minnesota- based company come as global agricultural companies are under pressure from...

  • LOS ANGELES, Nov 4- Corn refiners cannot "make stuff up" and claim that high fructose corn syrup is the equivalent of sugar, an attorney for big sugar processors said in court on Wednesday. Opening statements began in a lawsuit pitting sugar processors against major corn refiners including Archer Daniels Midland Co and Cargill Inc. The billion-dollar lawsuit...

  • Nov 4- Big sugar processors are set to take on major corn refiners including Archer Daniels Midland Co and Cargill Inc before a U.S. jury on Wednesday in a billion-dollar lawsuit that could shape how consumers view two bitter foes in the sweetener market. Several sugar refiners including global leader ASR Group sued in 2011, alleging that a corn trade group's ad...

  • Nov 3- A fifth straight day of gains for energy shares drove U.S. stocks higher on Tuesday, while big tech names also helped propel the major indexes. "I think there has been a real desire on the part of some investors to take advantage of depressed valuations," Eric Wiegand, who is a senior portfolio manager with U.S. Bank Wealth Management in New York.

  • *S&P energy sector up 2.09 pct; Chevron, Exxon lead. *Visa rebounds after Monday's drop, props up Dow. Nov 3- A surge in oil prices fueled a rally in energy companies, helping the S&P and Nasdaq reverse course to move higher in afternoon trading on Tuesday, while the Dow added to its gains.