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Stock Market & Financial Investment News

News Breaks
June 6, 2014
06:01 EDTADMArcher Daniels completes acquisition of remaining stake of Toepfer
Archer Daniels Midland announced that it has completed the acquisition of the remaining minority stake of Alfred C. Toepfer International, and is working on integrating Toepfer’s operations into ADM’s. Since 2002, ADM has owned 80% of Toepfer; through today’s transaction, ADM acquired the remaining stake from Union InVivo for EUR83M. Toepfer is a global merchandiser of agricultural commodities and processed products, through its network of 37 offices worldwide. Toepfer also operates inland, river, and export facilities in Argentina, Bulgaria, Canada, Hungary, Romania, Ukraine, and the United States.
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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