American River Transportation Co., LLC (ARTCO), a wholly owned subsidiary of Archer Daniels Midland Company (NYSE: ADM), today announced the launch of ARTCO Stevedoring. ARTCO Stevedoring operates five mid-stream berths between mile markers 110 and 121 on the Mississippi River, and offers customers a complete range of river services, including bulk transfer stevedoring and crane service; fleeting, switching, boat and [...]
Archer Daniels Midland Company (NYSE:ADM) announced today that it has reached an agreement to purchase AOR N.V., a privately held oil bottling company based in Antwerp, Belgium. AOR is a leader in the bottling and distribution of edible oils in Europe, with customers across the continent and a substantial export business. Its brands include Oilio® and Coroli®. “This acquisition will allow us to expand our product offerings and customer base in Europe, offering entry into the continental European retail and foodservice markets and an enhanced ability to export value-added products internationally,†said Matt Jansen, presi... [...]
To drive further improvements in returns and accelerate the company’s growth strategy, Archer Daniels Midland Company (NYSE: ADM) today announced five management appointments in its Corn business unit. Craig Willis, a 23-year company veteran, has been named president, Ethanol. He had been a vice president of the business since 2011. Prior to joining the Ethanol group in 2007, Willis’ broad-based ADM tenure [...]
The Frankfurt Stock Exchange (Frankfurter Wertpapierbörse, FWB) informed Archer-Daniels-Midland Company (ADM; ISIN: US0394831020; WKN: 854161) today that it has approved ADM’s application dated February 24, 2015, for a revocation of the admission of ADM’s shares to the regulated market (General Standard) of the FWB. The revocation will become effective with a three month effectiveness period, i.e. as of the end of June [...]
Archer Daniels Midland Company (NYSE: ADM) today announced several management appointments. To accelerate the execution of our strategic plans, we need teams that can quickly flex and form to identify and capture opportunities, focus on what matters, deliver results, and then re-form to address the next set of opportunities. To that end, I have formed some new teams and expanded the responsibilities of some key [...]
Archer Daniels Midland Company (ADM; ISIN: US0394831020; WKN: 854161) has decided on February 24, 2015 to apply for a revocation of the admission of ADMs shares to the regulated market (General Standard) of the Frankfurter Wertpapierbörse (FWB), in order to minimize the costs and administrative burdens which outweigh the economic benefits accompanying this listing. The application pursuant to sec. 39 para. 2 German Stock [...]
Archer Daniels Midland Company (NYSE: ADM) was ranked the worlds most admired company in the food production industry by Fortune magazine for 2015. Considered the definitive report card on corporate reputation, Fortune magazines annual list of the Worlds Most Admired Companies ranks companies in a number of major industries. We are proud to be acknowledged by our peers for our leadership in the food production [...]
Archer Daniels Midland Company (NYSE: ADM) announced today that it has reached an agreement to sell to Glencore plc (LSE: GLEN) a 50 percent stake in its export terminal in Barcarena, in the northern Brazilian state of Pará. The ADM-Glencore joint venture that will own and operate the facility following the transaction also plans to quadruple the terminals capacity from 1.5 million metric tons to 6 million metric tons [...]
Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended Dec. 31, 2014. The company reported adjusted earnings per share1 of $1.00, up from $0.95 in the same period last year. Adjusted segment operating profit1 was $1.13 billion, up 8 percent from $1.04 billion in the year-ago period. For the calendar year, adjusted earnings per share of $3.20 were up 37 percent versus the prior [...]
Archer Daniels Midland Company (NYSE: ADM) will present at the 2015 Consumer Analyst Group of New York (CAGNY) Conference Tuesday, Feb. 17, in Boca Raton, Florida, at 1:45 p.m. Eastern time. Presenters will be: CEO Juan Luciano; Ray Young, chief financial officer; and Greg Morris, president, WILD Flavors and Specialty Ingredients business unit. The ADM presentation will be webcast live at www.adm.com/webcast. A replay [...]
Archer Daniels Midland Company (NYSE: ADM) will release financial results for the fourth quarter of 2014 before the market opens on Tuesday, Feb. 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 [...]
Archer Daniels Midland Company (NYSE: ADM) this week joined with business leaders and policymakers from the U.S. and China to support and strengthen ties between the two countries at the first-ever Chicago meeting of the U.S.-China Joint Commission on Commerce and Trade. Today, the relationship between the U.S. and China is at an important inflection point, said Lorraine Hawley, ADMs director, international [...]