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Stock Market & Financial Investment News

News Breaks
June 11, 2014
17:01 EDTADMArcher Daniels expands presence in Asia-Pacific
Archer Daniels Midland announced actions to align its investments and organization to better serve growing demand for its products across Asia-Pacific. “As populations and incomes across Asia continue to rise, diets are evolving. With that shift comes an increase in demand for crops and other products from agriculture. For decades, ADM has connected the world’s harvest with the Asian market,” said ADM Chairman and CEO Patricia Woertz. “Now, we’re taking a series of actions to enhance our ability to efficiently serve that growing demand. As we previously announced, we’re investing to grow our food and feed production with the addition of two production facilities in China. We’re also making enhancements to our ports and logistics coordination throughout the Asia-Pacific region, and we’re adding and aligning talent to support growth. Together, these actions will strengthen our ability to serve our customers in the region and improve coordination between our operations within Asia and around the globe.”
News For ADM From The Last 14 Days
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October 16, 2014
14:13 EDTADMU.S farmers use less fertilizer this autumn as crop prices fade, Reuters says
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October 13, 2014
12:31 EDTADMArcher Daniels to acquire Specialty Commodities for $170M
Archer Daniels Midland Company, or ADM, announced an agreement to purchase Specialty Commodities Inc., or SCI, a leading originator, processor and distributor of healthy ingredients, including nuts, fruits, seeds, legumes and ancient grains, for $170M, subject to post-closing adjustments. When the transaction closes, SCI will become part of ADM’s new WILD Flavors and Specialty Ingredients business unit. ADM anticipates closing the transaction, which is subject to regulatory approval, in the coming weeks.
October 10, 2014
12:05 EDTADMUSDA raises U.S. corn production estimate to 14.475B
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