New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 7, 2014
10:05 EDTADMArcher Daniels sees WILD sales to reach EUR 1B in 2014
The company expects the estimated 2014 combined revenue to be $2.5B; Sees EUR 100M in estimated synergies by year three. Sees global specialty food ingredient market to worth $100B by 2023. Expects global demand for soy, dairy and other plant-based protein ingredients to grow 5.6% between 2013-2018. Because of the transaction, the company will reduce its 2014 CapEx to $900M from $1.2B. It will continue its 18M share buyback target by year end and said its credit rating will not be affected. Comments taken from slides for conference call to discuss the acquisition of WILD Flavors GmbH.
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.
March 27, 2015
06:26 EDTADMEU regulators extend review of Cargill, ADM deal, Reuters says
EU regulators extended the deadline for their probe into Cargill's pending takeover of Archer Daniels Midland's (ADM) chocolate business to July 23 from July 8, according to Reuters. The extension was made at the companies' request, the news service added. Reference Link

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