- Reuters•2 hours ago
LONDON/CHICAGO, April 28 (Reuters) - Archer Daniels Midland Co has hired a chief risk officer from rival CHS Inc , the U.S. agribusiness confirmed on Friday, a further sign of an internal shake-up as a global grain glut pressures its profits. Chicago-based ADM has let key traders go, exited energy trading and brought in new leadership at its global trading desk in Switzerland in recent months. The company said in early April that it planned to close its South African trading desk, and it shrank its operations in Argentina at a time of increasing food production.
ADM's president of the global trade desk Gary Towne is retiring.
- Reuters•2 days ago
BUENOS AIRES/CHICAGO (Reuters) - Archer Daniels Midland Co has replaced the leader of its global trading desk, the company confirmed to Reuters on Wednesday, as it sheds traders around the world amid a global grains glut that has squeezed profits. Gary McGuigan, most recently managing director of global trade at ADM will succeed Gary Towne as president of the global trade desk, ADM said. Reuters first learned of the appointment from an internal company memo that was leaked in Argentina.
ADM.MX : Summary for ARCHER DANIELS MIDLAND CO. - Yahoo Finance
Archer-Daniels-Midland Company (ADM.MX)
Mexico - Mexico Delayed Price. Currency in MXN
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|Bid||800.00 x 100|
|Ask||1,500.00 x 7800|
|Day's Range||850.00 - 860.00|
|52 Week Range||786.60 - 963.90|
|PE Ratio (TTM)||393.52|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|