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Archer Daniels Midland Co

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  • Early Movers: MMM, AMZN, IHG, BA, KO & more Tuesday, 16 Dec 2014 | 7:57 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • NEW YORK/ SINGAPORE, Dec 16- Olam International Ltd will buy Archer Daniels Midland Co's cocoa business for $1.3 billion, catapulting the Singapore- based commodities firm into the top tier of global suppliers to the growing chocolate business. The deal would be Olam's biggest ever and mark a dramatic turnaround after an attack two years ago on its acquisition...

  • FACTBOX-ADM's and Olam's cocoa businesses Tuesday, 16 Dec 2014 | 4:49 AM ET

    Dec 16- Olam International Ltd's $1.3 billion deal to buy Archer Daniels Midland Co's cocoa business will create one of the world's top cocoa bean processors and traders, rivalling Barry Callebaut AG and Cargill Inc.. The Chicago- based firm has eight cocoa bean processing facilities: Ontario, Canada; Koog aan de Zaan and Wormer, the Netherlands; Mannheim, Germany;...

  • CHICAGO, Dec 12- Syngenta AG expects to win Chinese government approval soon for imports of a type of genetically modified corn at the center of lawsuits over U.S. grain shipments rejected by Beijing, a company spokesman said on Friday. Syngenta, one of the world's largest seed companies, will make an announcement when it receives official documentation from...

  • CHICAGO, Dec 12- Syngenta AG, one of the world's largest seed companies, expects to win Chinese government approval "in the near future" for imports of a genetically modified corn that has been rejected by Beijing, a company spokesman said on Friday. Syngenta will make an announcement when it receives official documentation from China that Agrisure Viptera corn,...

  • PARIS, Nov 28- Louis Dreyfus Commodities named Mayo Schmidt, former head of Canadian grain handler Viterra, as its new chief executive in the latest stage of a corporate shake-up at the global trading firm. Louis Dreyfus, one of a quartet of "ABCD" companies that dominate agricultural commodity trading alongside Archer Daniels Midland, Bunge and Cargill, is trying...

  • ENDERLIN, N.D., Nov 25- After her shift at the TraXside Cafe in the southeast North Dakota hamlet of Enderlin, all Karla Souer wants to do is go home. That's because, chances are, there's a Canadian Pacific Railway Ltd train blocking the tracks somewhere on her route. Desperate for a solution, Enderlin's city councilors last month banned train breaks longer than 10...

  • Two of the world's biggest seed makers, Syngenta AG and Dow AgroSciences, are responding with tightly controlled U.S. launches of new GMO seeds, telling farmers where they can plant new corn and soybean varieties and how can the use them. Beijing is taking longer than in the past to approve new GMO crops, and Chinese ports in November 2013 began rejecting U.S....

  • Nov 19- Archer Daniels Midland Co sued seed company Syngenta AG on Wednesday over sales of a genetically modified corn variety not approved for import by China, joining more than 100 farmers and exporters in pursuing damages from the Swiss-based company. The lawsuit alleges that Syngenta commercialized the MIR162 corn variety, also known as Agrisure Viptera,...

  • Early Movers: GNRC, PRGO, AOL, LB, WEN & more Thursday, 6 Nov 2014 | 7:57 AM ET

    Some of the names on the move ahead of the open.

  • UPDATE 1-Archer Daniels Midland names Juan Luciano CEO Thursday, 6 Nov 2014 | 1:35 AM ET

    Nov 6- U.S. agribusiness company Archer Daniels Midland Co named Juan Luciano chief executive, effective Jan. 1. Luciano, who holds an industrial engineering degree from the Buenos Aires Institute of Technology, previously worked with the Dow Chemical Co.. ADM, along with Bunge Ltd, Cargill Inc and Louis Dreyfus Corp, are known as the "ABCD" companies, which dominate...

  • Archer Daniels Midland names Juan Luciano CEO Thursday, 6 Nov 2014 | 12:15 AM ET

    Nov 6- U.S. agribusiness company Archer Daniels Midland Co named Juan Luciano as chief executive, effective Jan. 1. Luciano succeeds Patricia Woertz, who will remain as ADM's chairman and is expected to retire in May. Luciano, who joined ADM in 2011, currently serves as president and chief operating officer responsible for leading and running the company's...

  • CHICAGO, Nov 4- Archer Daniels Midland Co the giant U.S. agribusiness group, said on Tuesday that adjusted third-quarter earnings jumped 72 percent as gains in corn processing and agricultural services more than offset flat results in oilseed processing. Illinois- based ADM reported net earnings of $747 million, or $1.14 per share, up from $476 million, or 72...

  • Early Movers: BABA, DISH, CVS, TIME, JPM & more Tuesday, 4 Nov 2014 | 8:06 AM ET

    Some of the names on the move ahead of the open.

  • Bullishness abounds as stocks enter November Tuesday, 4 Nov 2014 | 6:06 AM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks, particularly the lagging small caps, could be riding a tail wind into the year-end and possibly beyond, according to some strategists.

  • Bullishness abounds as stocks enter November Monday, 3 Nov 2014 | 6:00 PM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks, particularly the lagging small caps, could be riding a tail wind into the year-end and possibly beyond, according to some strategists.

  • WINNIPEG, Manitoba, Oct 28- Barring a sudden pile-up of grain across Western Canada in the next five weeks, Ottawa will lift requirements that railways move minimum volumes of crops, Agriculture Minister Gerry Ritz said in an interview. Ottawa responded with regulations forcing railways to move about 1 million tonnes per week combined. If Ottawa lifts its...

  • SYDNEY, Oct 20- Australia's government is looking at investing in nearly 30 irrigation schemes and reigniting a long-stalled program of dam building to combat growing water shortages constraining agricultural production. Australia has previously floated ambitious plans to use dams and irrigation to develop marginal land in the outback, but financial...

  • Cocoa industry helps fund Ebola fight in West Africa Wednesday, 15 Oct 2014 | 4:00 AM ET

    Oct 15- Chocolate and cocoa companies have donated $600,000 toward combating Ebola in West Africa, the World Cocoa Foundation said on Wednesday, the first sign the industry is striving to prevent the virus from spreading to the world's top two growers. So far, the Ebola virus has killed nearly 4,500 people in West Africa with nearly 9,000 infected, the World...

  • How China is chasing business to Singapore Tuesday, 2 Sep 2014 | 2:34 PM ET
    Some firms are now finding Hong Kong, left, less appealing for their Asia headquarters than Singapore, right.

    As tensions between Hong Kong and Beijing increase, multinational firms are seeing more stability in Singapore and expanding their outlook.