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Stock Market & Financial Investment News

News Breaks
June 4, 2014
07:15 EDTANDEAndersons upgraded to Outperform from Neutral at Macquarie
Macquarie said the sell-off in Andersons' shares following the Q1 report is overdone and that earnings momentum is poised ti improve into 2015. The firm upgraded shares to Outperform and maintains its $58 price target.
News For ANDE From The Last 14 Days
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May 21, 2015
17:39 EDTANDEAndersons CEO dismisses takeover possibility, Reuters says
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07:14 EDTANDEBMO Capital to hold a conference
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May 20, 2015
05:57 EDTANDEAndersons won't make a profit from Kay Flo purchase in 2015, Reuters reports
Andersons COO Hal Reed says the company will not profit from the Kay Flo Industries acquisition in 2015 because the "generation of gross profit (in U.S. fertilizer sales) comes in the spring season," Reuters reports, citing comments made on a conference call discussing the deal. However, Reed does not expect that the loss related to the acquisition will be "terribly significant." Reference Link
May 19, 2015
05:32 EDTANDEAndersons to host conference call
Conference call to discuss agreement to acquire Kay Flo Industries' plant nutrient business will be held on May 19 at 4 pm. Webcast Link
May 18, 2015
16:03 EDTANDEAndersons purchases Kay Flo Industries plant nutrient business
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May 14, 2015
13:54 EDTANDERichardson interested in potential acquisition of Andersons, Reuters reports
The CEO of Richardson International, which is one of Canada's largest grain handlers and is looking to expand in the U.S., said his company is interested in Andersons, though the companies have had no discussions and it is unclear if the target is willing to sell, according to Reuters, citing and interview with Richardson CEO Curt Vossen. Andersons shares are up 6.7% to $44.75 in afternoon trading following the report. Reference Link
13:51 EDTANDERichardson interested in potential acquisition of Andersons, Reuters reports
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