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Stock Market & Financial Investment News

News Breaks
December 12, 2012
18:18 EDTADMArcher Daniels isues statement regarding GrainCorp response to proposal
Archer Daniels issued the following statement: “We note GrainCorp’s response today to our revised proposal. On Dec. 3, we approached GrainCorp’s board of directors with a revised proposal of A$12.20 a share in cash. (...) when combined with the dividend of A$0.35 per share announced on Nov. 15, our revised proposal represented a total value to GrainCorp shareholders of A$12.55 a share. (...) Our proposal offered more certainty, greater value and immediate realization of potential future value for GrainCorp shareholders than GrainCorp’s stand-alone plan. We intend to consider all our options with respect to GrainCorp and our 19.9 percent shareholding.”
News For ADM From The Last 14 Days
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October 16, 2014
14:13 EDTADMU.S farmers use less fertilizer this autumn as crop prices fade, Reuters says
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October 13, 2014
12:31 EDTADMArcher Daniels to acquire Specialty Commodities for $170M
Archer Daniels Midland Company, or ADM, announced an agreement to purchase Specialty Commodities Inc., or SCI, a leading originator, processor and distributor of healthy ingredients, including nuts, fruits, seeds, legumes and ancient grains, for $170M, subject to post-closing adjustments. When the transaction closes, SCI will become part of ADM’s new WILD Flavors and Specialty Ingredients business unit. ADM anticipates closing the transaction, which is subject to regulatory approval, in the coming weeks.
October 10, 2014
12:05 EDTADMUSDA raises U.S. corn production estimate to 14.475B
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