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News Breaks
February 5, 2013
09:53 EDTADMArcher Daniels says has no update on proposed Graincorp transaction
Says has had no further conversations with Graincorp since they rejected ADM's last proposal.
News For ADM From The Last 14 Days
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November 29, 2015
19:05 EDTADMDeutsche Bank devised tax avoidance strategies for corporate clients, FT says
Deutsche Bank (DB) devised international tax avoidance strategies for certain of its corporate clients, reports the Financial Times, citing several documents and sources. The bank pitched its tax saving plans -- which featured so-called profit-participating instruments -- to companies including AB InBev (BUD), Archer Daniels (ADM), Bunge (BG), and Cargill this year, according to the publication. None of the proposals were illegal, noted the Financial Times, and Deutsche commented that "these transactions were never executed." Reference Link
November 22, 2015
18:21 EDTADMSugar producers settle battle with high-fructose corn syrup, Bloomberg says
Sugar producers have settled a legal dispute with high-fructose corn syrup makers including Archer-Daniels Midland after accusing the HFCS firms of misusing the term "natural," reports Bloomberg. Though terms of the settlement were unclear, Bloomberg noted the sugar companies had sought $1.6B in damages while ADM and other co-defendants had sought $531M. Reference Link
November 20, 2015
11:05 EDTADMSyngenta sues grain trading companies in corn conflict, WSJ says
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10:59 EDTADMArcher Daniels downgraded to Equal Weight from Overweight at Stephens
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