Stocks fell on Monday, with Wall Street retreating from all-time highs, as investors looked to the start of the earnings season.» Read More
April 29- Archer Daniels Midland Co shares tumbled on Tuesday after the agribusiness giant reported that a harsh U.S. winter took a bigger-than-expected bite out of quarterly profits.
NEW YORK, April 29- U.S. stocks rose on Tuesday, helped by upbeat results from companies including Merck& Co and Sprint, as well as more deal activity on the healthcare front. Merck& Co' s shares jumped 2.9 percent to $58.35, giving the S&P 500 its biggest lift, after it reported stronger-than-expected results.
*Twitter to report earnings after market close. NEW YORK, April 29- U.S. stocks edged higher on Tuesday following better-than-expected earnings from Merck& Co and Sprint Corp.. The Dow Jones industrial average outperformed the broader market as component Merck& Co' s shares jumped nearly 3 percent to $58.31 after its earnings report.
Twitter to report earnings after market close. NEW YORK, April 29- U.S. stocks rose on Tuesday following better-than-expected earnings from Merck& Co and Sprint Corp.. The Dow Jones industrial average was outperforming the broader market as component Merck& Co' s shares jumped nearly 3 percent to $58.42 after its earnings report.
April 29- Agribusiness company Archer Daniels Midland Co on Tuesday reported lower-than-expected quarterly earnings as poor margins and harsh U.S. weather hurt its core grain-trading business.
*Twitter to report earnings after market close. *EU sanctions 15 politicians, military leaders over Ukraine. NEW YORK, April 29- Wall Street was set for a higher open on Tuesday following a batch of earnings that were better than expected.
Some of the names on the move ahead of the open.
PARIS, April 25- The chief executive of commodities giant Louis Dreyfus is stepping down in a surprise move after just one year, leaving the group to seek a new CEO as it overhauls corporate structure to more closely resemble a public company.
CHICAGO, April 22- Two Brazilian soybean cargoes initially sold to China have been switched to the United States, according to port and shipping data updated on Tuesday, the first clear evidence that the U.S. is absorbing some of China's excess Brazilian purchases that were at risk of default.
Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.
NEW YORK, April 6- China's growing appetite for staples like soybeans and corn seems the likely driver behind state trader COFCO's deal to buy a majority stake in Noble Group's agriculture business, yet the move has as much to do with soft commodities.
CHICAGO, April 4- The largest players in the global agriculture trading industry are likely to be cut out of a growing share of world crop trade following the recent move by China's trading arm COFCO to acquire majority stakes in Nidera and Noble Group Ltd's agriculture businesses.
LAUSANNE, Switzerland, April 1- Some of the world's biggest oil and grains traders see little risk of any disruption to supplies from Russia, they said on Tuesday, despite the worst East-West crisis since the Cold War. Russia is the world's second-largest oil exporter after Saudi Arabia and is a major grains and metals exporter.
*Louis Dreyfus Commodities full-year net income $640 mln. PARIS, March 26- Global trading group Louis Dreyfus Commodities B.V. said it will stick to plans to double sales within five years by boosting investments, shrugging off a drop in 2013 profits from dought-hit grain markets and an oversupply in soft commodities.
*But costs high, at $60- $250 a tonne of carbon dioxide-IPCC. OSLO, March 26- A little-known technology that may be able to take the equivalent of China's greenhouse gas emissions out of the carbon cycle could be the radical policy shift needed to slow climate change this century, a draft U.N. report shows.
*Louis Dreyfus Commodities full-year net income $640 mln. PARIS, March 26- Global trading group Louis Dreyfus Commodities B.V. posted a sharp drop in net profit for 2013 after a U.S. drought disrupted grain markets and as sugar and other soft commodities were hit by oversupply.
*Louis Dreyfus Commodities full-year net income $640 mln. PARIS, March 26- Global trading group Louis Dreyfus Commodities B.V. reported a sharp fall in full-year net profit on Wednesday as an improved second-half performance failed to offset a first half hit by a severe U.S. drought.
Food prices are on the rise. It's a safe bet consumers won't like higher costs and the same seems to go for food-related company stocks as well.
*Purchase may also signal China's goal to build a global trading firm. SINGAPORE/ HONG KONG, Feb 28- China's biggest grains trader COFCO Corp said it is buying a 51 percent stake in Dutch peer Nidera, in a deal that will give the world's most populous country direct access to South American grain and oilseed supplies.
CHICAGO, Feb 25- Archer Daniels Midland Co on Tuesday said its chief executive officer will give up the title of president to the agribusiness company's chief operating officer, effective immediately.