|Bid||39.18 x 1200|
|Ask||39.19 x 1800|
|Day's Range||38.82 - 39.40|
|52 Week Range||38.63 - 52.07|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||13.53|
|Earnings Date||Aug 6, 2019|
|Forward Dividend & Yield||1.40 (3.14%)|
|1y Target Est||51.50|
ADM Milling Co. is recalling five-pound bags of Baker’s Corner All Purpose Flour packaged for ALDI because of the potential presence of E. coli, which was discovered during testing of a five-pound bag of Baker’s Corner All Purpose Flour by the Rhode Island Department of Health. The products were distributed in select stores in the following states: Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont and West Virginia. ADM Milling is working directly with ALDI, which has already recalled all potentially impacted products from store shelves in the region.
Archer Daniels Midland Co NYSE:ADMView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for ADM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ADM. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding ADM totaled $9.11 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. ADM credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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The European Union’s crop -- known for its bright yellow flowers this time of year -- was planted in dusty soils last fall, curbing acreage. Conditions have improved since then, but some areas are still too dry, and the EU has cut its production outlook to 19.2 million tons, the lowest in at least five years. Prices for canola, one of Canada’s top crops, are near a four-year low as China cancels purchases amid a diplomatic feud.
Bunge Ltd., the “B” of the four storied “ABCD” group of companies that dominate agriculture trading, is the latest to succumb. On Wednesday, the firm named a new chief financial officer less than six months after it announced its chief executive officer was stepping down. Gavilon Group, a U.S. trader owned by Japan’s Marubeni Corp., replaced its CEO just over a month ago, while Louis Dreyfus Co. -- the “D” -- made C-suite executive changes last year.
A decision to hedge some of its soybean capacity swelled crush margins, helping the White Plains, New York-based company defy analyst predictions of a first-quarter loss. Bunge is “off to a good start to 2019,” Citigroup Inc. analyst David Driscoll wrote in a note to clients. John Neppl, previously at ethanol producer Green Plains Inc., will replace Thomas Boehlert as chief financial officer.
Over the last year, African swine fever wiped out 1 million hogs in China and many more across Europe and Southeast Asia. “This is an unusual, perhaps unprecedented time of the protein industry,” Tyson Foods, Inc. (NYSE: TSN) CEO Noel White said on Monday’s second-quarter earnings call. Archer Daniels Midland Co (NYSE: ADM) said Chinese supply could fall as much as 30 percent, and someone will need to fill the void.
The largest insider buys this week were Philip Morris International Inc. (PM), Biogen Inc. (BIIB), Cerner Corp. (CERN) and Archer Daniels Midland Co. (ADM). The share price has increased by 1.22% since then. Warning! GuruFocus has detected 6 Warning Sign with PM. Click here to check it out.
The uncertainty over whether and when the U.S. and China will reach a trade agreement this year is creating a cloudy outlook for grain volumes this fall. "We expect uncertainty to persist in the grain market due to the foreign tariffs," said Kenny Rocker, Union Pacific (NYSE: UNP) executive vice president for marketing and sales, on his company's first quarter earnings call on April 18. Rocker said UNP's grain carloads were down by 7 percent in the first quarter, driven by reduced exports to China.
ADM stock (ticker: ADM) closed on Friday with a 2% loss after the company disclosed disappointing first-quarter results. The next trading day, Monday, Chairman, President, and CEO Juan Luciano bought $1 million of ADM stock, his first open-market purchase in years. CFO Ray G. Young bought $256,542 of shares the same day.
CHICAGO-- -- New director Dr. Lei Zhang Schlitz elected Archer Daniels Midland Company today announced at its 96th Annual Stockholders’ Meeting the election of its board of directors, including new director Dr. Lei Zhang Schlitz. Dr. Schlitz has held a series of senior-level positions for Illinois Tool Works Inc. , an innovative, diversified Fortune 200 manufacturing company with operations in 55 countries, ...
President & CEO of Archer-daniels Midland Co (NYSE:ADM) Juan R Luciano bought 23,657 shares of ADM on 04/29/2019 at an average price of $42.3 a share.
The average price target is $50.45 with a consensus overweight rating gathered by FactSet. Meanwhile, Archer Daniels price target was lowered to $48 from $54 at Baird, but analyst Ben Kallo maintained an outperform rating following the company's first-quarter earnings miss. After reporting disappointing results Friday, Archer Daniels Midland said it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant's profit, which tumbled 41% in the first quarter.
Archer Daniels Midland Company (ADM) will present at the 14th annual BMO Capital Markets 2019 Farm to Market Conference on Wednesday, May 15, in New York City. ADM Chairman and CEO Juan Luciano will present at 2:10 p.m. Eastern Time. The ADM presentation will be webcast live at www.adm.com/webcast.
CHICAGO/BENGALURU (Reuters) - Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant's profit, which tumbled 41% in the first quarter. One-sixth of U.S. ethanol production was halted. "The first quarter proved more challenging than initially expected," said Chairman and Chief Executive Juan Luciano, citing weaker earnings in its starches, sweeteners and bioproducts unit for the quarter ended March 31.
CHICAGO/BENGALURU, April 26 (Reuters) - Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant's profit, which tumbled 41% in the first quarter. One-sixth of U.S. ethanol production was halted. "The first quarter proved more challenging than initially expected," said Chairman and Chief Executive Juan Luciano, citing weaker earnings in its starches, sweeteners and bioproducts unit for the quarter ended March 31.
NEW YORK/CHICAGO (Reuters) - Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry's struggles with U.S. President Donald Trump's trade wars, thin margins, and overproduction. Last week, U.S. ethanol production hit 1.05 million barrels per day, highest in at least five years seasonally, according to U.S. Energy Information Administration data.