Archer Daniels Midland Company

Archer Daniels Midland Company (NYSE:ADM) notes today’s announcement by the Australian Federal Treasurer that he has made an order prohibiting ADM’s proposed acquisition of GrainCorp Limited (ASX:GNC). “We are disappointed by this decision. We are confident that our acquisition of GrainCorp would have created value for shareholders of ADM and GrainCorp, as well as grain growers and the Australian economy,” said ADM [...]

Archer Daniels Midland Company (NYSE: ADM) today announced a package of additional commitments related to its proposed acquisition of GrainCorp Limited (ASX: GNC). Key elements of that package are: An additional A$200 million investment to strengthen Australian agricultural infrastructure, with specific emphasis on rail enhancement projects; Price caps on grain handling charges at silos and ports; Commitment to [...]

In recognition of World Food Day, employees of Archer Daniels Midland Company (NYSE: ADM) around the globe donated the equivalent of 271,715 pounds (123.25 metric tons) of food to community food banks, pantries and soup kitchens in ADM communities worldwide. The donations were coordinated through the company’s ADM Cares program. “ADM Cares offers employees the opportunity to volunteer and give back to their [...]

Archer Daniels Midland Company (NYSE: ADM) today announced an additional $50,000 donation to Living Lands & Waters to celebrate Chad Pregracke being named CNN’s 2013 Hero of the Year. “We’ve partnered with Chad for many years and are proud to recognize his honor and support his continued efforts to promote the health and vitality of the nation’s inland waterways,” said Jeff Becker, vice president, operations for ADM’s [...]

Archer Daniels Midland Company (NYSE: ADM) announced today two $50,000 donations to the American Red Cross to help provide disaster relief to those affected by last weekend’s tornadoes in the U.S. Midwest and the recent typhoon in the Philippines. The company is also matching all employee contributions of $25 or more to the American Red Cross. “We’re based in the Midwest and operate in many communities across the [...]

Archer Daniels Midland Company’s (NYSE: ADM) Board of Directors today declared a cash dividend of 19.0 cents per share on the company’s common stock payable Dec. 5, 2013, to stockholders of record Nov. 14, 2013. This is ADM’s 328th consecutive quarterly payment, a record of 82 years of uninterrupted dividends. As of Sept. 30, 2013, there were 657,711,636 shares of ADM common stock outstanding. About ADM For more [...]

Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended Sept. 30, 2013. The company reported adjusted earnings per share1 of $0.46, down from $0.53 in the same period last year. Net earnings for the quarter were $476 million, or $0.72 per share, up from $0.28 per share in the same period one year earlier. Segment operating profit1 was $606 million, down six percent when excluding [...]

Archer Daniels Midland Company (NYSE: ADM) will present at the Morgan Stanley Global Chemicals and Agriculture Conference on Wednesday, Nov. 13, 2013, in Boston. Chairman and CEO Patricia Woertz will present at 1:30 p.m. Eastern Time. The ADM presentation will be webcast live at www.adm.com/webcast. A replay of the presentation will be available Nov. 13, 2013, to Nov. 26, 2013, at the same address. About ADM For [...]

A companywide campaign to curb emissions, reduce energy use and decrease water consumption is showing early results at Archer Daniels Midland Company (NYSE: ADM), according to the company’s newly released Corporate Responsibility report. Between 2010 and 2012, implementation of energy-saving projects generated an estimated 4.3 percent reduction in ADM’s total energy consumption and a 2.6 percent reduction in global [...]

Archer Daniels Midland Company (NYSE: ADM) will release financial results for the third quarter of 2013 before the market opens on Tuesday, Oct. 29, 2013. 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 [...]