Archer Daniels Midland Company

With the opening of two plants in China on two consecutive days this week, Archer Daniels Midland Company (NYSE: ADM) has increased its capacity to serve growing regional demand for value-added food-ingredients and animal-nutrition products. Earlier today, ADM CEO Juan Luciano joined government officials and representatives from Matsutani Chemical Industry Co., Ltd., for a ribbon-cutting ceremony in the northeastern [...]

Archer Daniels Midland Company’s (NYSE: ADM) Board of Directors has declared a cash dividend of 28.0 cents per share on the company’s common stock payable Dec. 9, 2015, to Stockholders of record Nov. 18, 2015. This is ADM’s 336th consecutive quarterly payment, a record of 84 years of uninterrupted dividends. As of Sept. 30, 2015, there were 601,105,796 shares of ADM common stock outstanding. About ADM [...]

Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended Sept. 30, 2015. The company reported adjusted earnings per share1 of $0.60, down from $0.86 in the same period last year. Adjusted segment operating profit1 was $684 million, down 27 percent from $941 million in the year-ago period. Net earnings for the quarter were $252 million, or $0.41 per share, and segment operating [...]

Archer Daniels Midland Company (NYSE: ADM) today announced that it has completed the purchase of certain assets of Eaststarch C.V., ADM’s 50-50 joint venture with Tate & Lyle (LSE: TATE). “This acquisition is an important expansion for ADM’s Corn business,” said Chris Cuddy, president of ADM’s Corn Processing business unit. “In order to continue to diversify our global footprint, our [...]

Archer Daniels Midland Company (NYSE: ADM) today announced that it has completed the sale of its global cocoa business to Olam International Limited (SGX: O32). “I am tremendously proud of the work our entire global team is doing as we continue our journey to improve returns,” said CEO Juan Luciano. “We are delivering on a clear, aggressive plan to create value through strategic growth, an increased [...]

Archer Daniels Midland Company (NYSE: ADM) will release financial results for the third quarter of 2015 before the market opens on Tuesday, Nov. 3, 2015. The company will host a conference call and audio webcast at 8 a.m. Central Time to discuss financial results and provide a company update. A financial summary slide presentation will be available to download approximately 60 minutes prior to the call. To listen to the [...]

Archer Daniels Midland Company (NYSE: ADM) today announced an agreement to purchase Eatem Foods Company, a leading developer and producer of premium traditional, natural and organic savory flavor systems. “We’re accelerating our evolution from an ingredient supplier to a complete solutions provider by systematically building and acquiring capabilities to meet a wide range of customer needs,” said Vince [...]

Archer Daniels Midland Company (NYSE:ADM) today announced the opening of its new information technology and support center, which is located on the same campus as ADM’s WILD Flavors offices in Erlanger, Kentucky. “As our company continues to grow, our global I.T. capabilities and infrastructure have to expand at the same time to support that growth. This new technology center enables us to attract new I.T [...]

Archer Daniels Midland Company (NYSE: ADM) announced that it will open in October a new, state-of-the-art flavor creation, application and customer service facility in Cranbury, New Jersey. The 15,700-square-foot site will include lab, office and meeting space—including dedicated lab space for mint and oral care products—and will house a staff of flavorists and applications technologists. “Our customers [...]

Archer Daniels Midland Company’s (NYSE: ADM) Board of Directors has declared a cash dividend of 28.0 cents per share on the company’s common stock payable Sept. 9, 2015, to Stockholders of record Aug. 19, 2015. This is ADM’s 335th consecutive quarterly payment, a record of 83 years of uninterrupted dividends. As of June 30, 2015, there were 613,707,010 shares of ADM common stock outstanding. About ADM [...]