Archer Daniels volatility flat at 23 Archer Daniels overall option implied volatility of 23 is near its 26-week average of 24 according to Track Data, suggesting non-directional price movement.
News For ADM From The Last 14 Days
Check below for free stories on ADM the last two weeks.
Archer Daniels says added $200M cost savings expected by end 2014 Operational improvements are expected to enable Archer Daniels Midland to realize $200M in additional cost savings by the end of 2014, and to free up an additional $1B in cash by the end of 2013, the company said in advance of its presentation at the BMO Capital Markets 2013 Farm to Market Conference. The additional $200M is expected to come from reducing energy and water use; implementing a companywide maintenance-management system; standardizing processes, procedures and inventory controls; and leveraging the company’s scale in the area of procurement. The additional $1B in working cash improvements would bring the total the company has unlocked since mid-2012 to $2B, through better inventory-management; monetization of underutilized assets as part of an ongoing portfolio management effort; extracting cash from various joint ventures; and improved processes for managing payables and receivables.
Subscribe for More Information
