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Stock Market & Financial Investment News

News Breaks
October 21, 2013
08:50 EDTADMArcher Daniels upgraded at BofA/Merrill
As previously reported, BofA/Merrill transferred coverage on Archer Daniels with a Buy from Underperform rating. The firm expects Ag Services/Oilseed profits to surge from US grain and European oilseed demand sees additional upside from exports, Graincorp acquisition, and buybacks. Price target raised to $44 from $36.
News For ADM From The Last 14 Days
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May 21, 2015
12:41 EDTADMArcher Daniels announces expansion of Argentinian export facilities
Archer Daniels announced that it is investing in substantial improvements and expansions to its port facilities in Puerto San Martin in the Argentine state of Santa Fe, enhancing the company’s capability to export grain and other agricultural products from the region. The improvements, which will include the construction of a new berth for barge discharge and the addition of storage capacity, are expected to be complete by early 2016. The current export facilities in Puerto San Martin have an annual throughput of approximately 2M metric tons. The improvements will increase annual capacity by 25%, to 2.5M tons, allowing ADM to reduce its reliance on third-party facilities, which today are limiting the company’s ability to export increasing volumes from Paraguay.
12:33 EDTADMArcher Daniels can grow medium term earnings to $4.50, CEO Luciano says
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07:14 EDTADMBMO Capital to hold a conference
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May 17, 2015
19:06 EDTADMArcher Daniels acquires Meiweiyuan Biotechnology
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May 14, 2015
08:19 EDTADMSenate Agriculture Committee to hold a hearing
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