New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 22, 2014
09:07 EDTADMArcher Daniels says aiming for $400M cost savings run rate by year's end
Says has a balanced approach to capital allocation in FY14. Says on track to return $1.4B shareholders. Says expects FY14 CapEx of $1.2B, and that includes $100M for initial phase of ERP. Says aiming for $400M cost savings run rate by year end. Says the company is reviewing its cash conversion cycle in all businesses globally. Says identified additional $500M in opportunities and pursuing them aggressively. Says investing in growth that supports the company's return objectives, further enhancing shareholder value. Comments taken from the company's slides at the BMO Farm to Market conference.
News For ADM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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
Subscribe for More Information
07:14 EDTADMBMO Capital to hold a conference
Subscribe for More Information
May 17, 2015
19:06 EDTADMArcher Daniels acquires Meiweiyuan Biotechnology
Subscribe for More Information
May 14, 2015
08:19 EDTADMSenate Agriculture Committee to hold a hearing
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use