ADM - Archer-Daniels-Midland Company

NYSE - NYSE Delayed Price. Currency in USD
-0.10 (-0.23%)
At close: 4:00PM EDT

42.66 0.00 (0.00%)
After hours: 5:35PM EDT

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Previous Close42.76
Bid42.65 x 3200
Ask42.90 x 800
Day's Range42.50 - 42.78
52 Week Range39.16 - 52.07
Avg. Volume3,488,519
Market Cap23.893B
Beta (3Y Monthly)0.86
PE Ratio (TTM)13.37
EPS (TTM)3.19
Earnings DateApr 26, 2019
Forward Dividend & Yield1.40 (3.25%)
Ex-Dividend Date2019-02-15
1y Target Est51.60
Trade prices are not sourced from all markets
  • 10 High-Yielding Dividend Stocks That Won’t Wilt
    InvestorPlace6 hours ago

    10 High-Yielding Dividend Stocks That Won’t Wilt

    Within economics and the financial markets, you must deal with the trade-off concept. For instance, if you want to strike it rich quickly, you're likely looking at upstart organizations with strong potential. However, you have to give up the proven stability of a blue-chip name. This dynamic also applies to high-yielding dividend stocks to buy.Almost everyone loves the idea of passive income. You take a great company with a generous yield and sit back and collect the dividend. However, the most generous dividend stocks are usually the riskiest. Sure, you can find several companies that pay out double-digit yields. The question is, are these investments sustainable? Usually, the answer is no.Fortunately, the markets aren't always the most efficient platform for assessing value. While I don't want to debate various economic theories, it's fair to say not all high-yielding dividend stocks are speculative. In fact, many of the names you'll see below are worldwide recognizable brands.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Dividend Stocks Perfect for Retirees For this list, I've picked out 10 publicly traded companies that have a dividend yield of at least 3%. In fact, they average well over 5%. However, these are organizations that, while risky, offer viable products and services.In other words, these are not fly-by-night operations. So without further ado, here are 10 high-yielding dividend stocks to buy that won't wilt! High-Yielding Dividend Stocks to Buy: Coca-Cola (KO)Source: Leo Hidalgo via Flickr (Modified)Dividend Yield: 3.4%Over the past few years, several investors -- even those who seek high-yielding dividend stocks -- have avoided Coca-Cola (NYSE:KO). At first, such evasion seems strange. After all, an investment in KO is levered toward a global powerhouse brand. Additionally, Coca-Cola has consistently grown its payout across several decades.However, its current 3.4% yield isn't enough for many to overlook the soda industry's declining relevance. Research reports indicate that millennials eschew sugary, carbonated drinks for healthier beverages. As such, sector players have had to adjust to this changing landscape, offering more choices that cater to health-conscious buyers.Here's the thing about KO stock. Despite its volatility, the underlying company has made those changes. Its rebranding efforts, particularly with Diet Coke, resulted in notable successes. Furthermore, I demonstrated that millennials aren't necessarily healthier. Instead, they want to think that they're making healthier choices.My argument is that Coca-Cola has a chance, as long as they keep their marketing on point. Olin Corporation (OLN)Dividend Yield: 3.3%We're seeing tremendous changes in our economy, and they may be just the beginning. It's no longer a matter of science fiction to assume a world of robots and automation. So if you're looking for dividend stocks to buy that can survive this coming age, you should check out Olin Corporation (NYSE:OLN).OLN specializes in industrial chemicals, which doesn't sound like a next-generation sector because it isn't. However, to actualize the benefits of technology, you still require a physical infrastructure. For example, Olin's expertise in developing epoxy products is critical for the energy, transportation and civil engineering industries. * 7 Tech Stocks With Too Much Risk, Not Enough Upside Another driving force that supports Olin's 3.3% dividend yield is its Winchester ammunition brand. As you know, Americans love their guns. In fact, we have more guns in this country than we have people. That equates to a lot of shooting, which equates to OLN being one of the safest high-yielding dividend stocks you can get. Archer Daniels Midland (ADM)Source: GothamNurse Via FlickrDividend Yield: 3.3%Invariably, most of the exciting stocks to buy focus on the industries of tomorrow, such as automation and artificial intelligence. But no matter how much we progress as a society, we've got to eat. That simple, unavoidable fact helps drive agricultural company Archer Daniels Midland (NYSE:ADM).Of course, the icy U.S.-China relationship has disproportionately impacted domestic agriculture. Therefore, ADM stock slid sharply during the second half of last year. However, the Archer Daniels brand is a powerful one, featuring a strong international presence with the capacity to boot.Currently, ADM pays out a 3.3% dividend yield, and I don't see that being in any trouble. Primarily, the company has a strong history of consistent payouts that extend back for decades. Second, the importance of its core industry suggests that ADM will remain one of the most relevant dividend stocks. Exxon Mobil (XOM)Source: Shutterstock Dividend Yield: 4%Among high-yielding dividend stocks to buy, Exxon Mobil (NYSE:XOM) has one of the most balanced cases. I said as much when I covered XOM stock around mid-April. The company generates immediate interest for its history of strong payouts and its dominant position in the energy industry. With a 4% yield, this is a tough investment to ignore.At the same time, XOM stock has suffered significant setbacks. Although we're years removed from the energy crisis of 2014 and 2015, the sector is still recovering from it. Big oil firms like Exxon Mobil are no exception. Plus, we're seeing a decided push toward green-energy solutions, which hurts the case for XOM. * 10 S&P 500 Stocks to Weather the Earnings Storm So how should investors approach the oil giant? If you're seeking a nearer-term profit, I don't like some of the immediate headwinds affecting shares, though oil prices are surging on news that the U.S. might be lifting waivers on Iran sanctions. But for the longer run, I believe XOM has critical infrastructures and assets that still represent viable energy sources. Duke Energy (DUK)Source: Shutterstock Dividend Yield: 4.2%During a particularly brutal heatwave in the southwestern region of California and Arizona in September 2011, a botched maintenance procedure knocked out critical power channels. San Diego went dark, as did parts of Tijuana, Mexico and western Arizona. I went through the experience and I immediately recognized the fragility of our digitalized economy.Sure, we may be the most advanced nation in the world, but all it takes is one silly mistake to undo everything. In that sense, I think every portfolio should include dividend stocks that have some exposure to the utilities sector. Among them, Duke Energy (NYSE:DUK) has provided its shareholders with a mix of capital gains and strong passive income.While utility firms aren't the sexiest names in the investing world, they are incredibly vital. As we dive further into an automated industry, the one thing we cannot live without is power. For that reason, the 4.2% yield that underlines DUK stock is well justified. International Business Machines (IBM)Source: Shutterstock Dividend Yield: 4.5%Admittedly, International Business Machines (NYSE:IBM) isn't the most exciting name among dividend stocks to buy. For most of this decade, IBM shares have gone sideways, ultimately impressing neither the bulls nor the bears. However, a strong performance this year suggests that calls for its death were premature.After all, IBM has a long history of innovation and forwarding pioneering technologies. Although they don't get as much coverage as they used to, "Big Blue" has made exciting progress with AI. Recently, the company revealed that they use AI to accurately forecast which workers will quit their jobs. IBM claims that they saved nearly $300 million in retention costs with their digital program. * 7 Stocks to Buy for Spring Season Growth Of course, AI has its ups and downs. For instance, IBM had to shut down a segment of its Watson Health division because it didn't generate enough profit. Still, it has demonstrated significant potential. Plus, that 4.5% yield looks awfully attractive right now. AMC Entertainment (AMC)Dividend Yield: 5.1%Back when consumers had fewer options, cineplex operate AMC Entertainment (NYSE:AMC) made plenty of sense. But in the streaming era, AMC simply appears outdated and irrelevant. In this day and age, who would want to go somewhere to watch something? Moreover, when the box office bombed in 2017, AMC shares cratered.Still, I look at this company as one of the more intriguing dividend stocks to buy. Yes, I own some shares, but it's more important to focus on why I do, as opposed to merely the fact that I do. It comes down to this: AMC provides a social experience that you'll never get from streaming services or other "isolated" platforms.Moreover, the movie industry has shifted its priorities to accommodate the new entertainment landscape. Production studios now dedicate most of their resources to proven winners, such as comic-book based movies or established franchises. I'm hardly surprised that Captain Marvel is the biggest movie so far this year. Nerds eat this stuff up.Better yet, box office receipts prove that nerds have taken over Hollywood. That alone provides justification for AMC's 5%-plus dividend yield. AbbVie (ABBV)Source: Shutterstock Dividend Yield: 5.2%Ordinarily, AbbVie (NYSE:ABBV) has been one of the most consistent performers among dividend stocks to buy. Taking away the events from last year, ABBV stock provided generally steady returns, making its payout worthwhile. Obviously, its exposure to the pivotal healthcare sector makes AbbVie a perpetually relevant name.That said, 2018 was a rough year for the pharmaceutical giant. Moreover, shifting political dynamics bring many questions to the industry. For instance, several prominent Democrats support the "Medicare for All Act." Such a comprehensive plan will shine a glaring spotlight on pharmaceutical pricing, potentially hurting profitability. * 7 Stocks That Can Outperform for Years Naturally, if Democrats take over the White House, that's a political headwind for ABBV stock. However, there's also the likelihood that Medicare for All will drive revenues back home. For instance, many Americans go to Mexico to buy prescription drugs. If we can establish fair, sensible pricing, pharmaceutical firms may benefit from an untapped revenue source. AT&T (T)Dividend Yield: 6.4%When telecommunications giant AT&T (NYSE:T) first proposed buying out Time Warner, I'm sure more than a few eyes rolled. Before the deal, T stock suffered from a massive debt load. With the deal, that situation obviously did not improve. Therefore, I understand why many folks have run for the hills.Also, the company's tremendously high 6.4% yield appears a little too generous. Yes, AT&T historically has been one of the top names among blue-chip dividend stocks. But with such a huge liability clouding everything, that yield seems like a trap.Unfortunately, in high-barrier industries, you've got to pay to play. While the Time Warner deal hurts the balance sheet, it gives T stock exposure to the lucrative content-streaming market. Plus, they're one of the few alpha dogs that can implement the 5G rollout.Lastly, let's just acknowledge that AT&T is too big to fail. Like it or not, their success is vital to progressing the American economic machinery. That's a very comfortable explanation why T stands out among other dividend stocks. GameStop (GME)Source: Shutterstock Dividend Yield: 17.3%GameStop (NYSE:GME) recently proved that the adage that struggling companies have had their bad news priced in is just that: an adage. After failing to find a buyer earlier this year, GME shares tumbled badly. However, a very poor showing in the fourth quarter added even more pain to an already ugly show.Ironically, one of GameStop's most attractive elements -- the crazy-high yield -- is too awe-striking for its own good. After all, how many dividend stocks with a yield of over 17% ended up surviving? When a company is paying you more than twice the average return of the S&P 500, there's a reason for that. Typically, it's not a good one.Although this is an incredibly risky idea, it's worth noting that digital video game downloads may eventually hit a wall. I say this because many popular games have sizes exceeding 100 gigabytes. After downloading a couple titles, gamers will have to buy an external hard drive, which can easily run around $50. * 5 Dividend Stocks Perfect for Retirees Or, they can just go to GameStop and pick up used games on the cheap.As of this writing, Josh Enomoto is long AMC and AT&T. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 10 High-Yielding Dividend Stocks That Wona€™t Wilt appeared first on InvestorPlace.

  • Here's Why Archer Daniels' (ADM) Q1 Earnings May Decline Y/Y
    Zacks8 hours ago

    Here's Why Archer Daniels' (ADM) Q1 Earnings May Decline Y/Y

    Archer Daniels (ADM) witnesses softness in its Carbohydrate Solutions segment, which is likely to weigh on its first-quarter 2019 results. However, its cost-saving efforts are encouraging.

  • Earnings Preview: Archer Daniels Midland (ADM) Q1 Earnings Expected to Decline
    Zacks3 days ago

    Earnings Preview: Archer Daniels Midland (ADM) Q1 Earnings Expected to Decline

    ADM (ADM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Zacks5 days ago

    NASDAQ Back Above 8,000

    NASDAQ Back Above 8,000

  • Benzinga6 days ago

    Archer Daniels Midland Co. ramps up early retirement to reduce headcount

    Archer Daniels Midland Co. (NYSE: ADM), one of the largest agricultural processors in the world, is offering buyouts to an unspecified number of employees, an offer that expires on June 30, 2019. A spokesperson for the company also stated that some positions would be eliminated as the company sought to improve and streamline its business. ADM is one of the world's largest agricultural processors and food ingredient providers.

  • Reuters11 days ago

    Blizzard forces closure of some U.S. grain processors and elevators

    A second "bomb cyclone" blizzard hitting the United States was limiting the movement and processing of corn, soybeans and wheat around the Midwest and Plains on Thursday. Grain trader Cargill Inc said it was closing three of its grain handling facilities in Minnesota, two in South Dakota and one in Nebraska on Thursday because of the storm. Rival Archer Daniels Midland Co temporarily closed several grain and edible bean elevators in South Dakota, North Dakota, Minnesota and Wisconsin due to the snow.

  • Reuters12 days ago

    U.S. grain trader ADM says to seek early retirements, may cut jobs

    U.S. grain trader Archer Daniels Midland Co said on Wednesday it will seek voluntary early retirements by some North American employees and may eliminate individual jobs as part of a restructuring of specific areas. In recent years, a global glut of crops also hurt agricultural companies and accelerated consolidation in the sector. In response to questions from Reuters, company spokeswoman Jackie Anderson declined to say how many employees were being targeted for retirement.

  • Reuters13 days ago

    Louis Dreyfus announces new Biosev chairman, other management changes

    Commodities house Louis Dreyfus Company (LDC) announced a new chairman on Tuesday for its loss-making Brazilian sugar subsidiary Biosev, which has triggered other management changes at the group. Adrian Isman will take over as Chairman of Biosev with immediate effect, replacing Patrick Treuer who will remain on Biosev's board as vice-chairman while focusing on his role as LDC's Chief Strategy Officer, the group said.

  • Reuters13 days ago

    Commodity trader Louis Dreyfus names Isman as chairman of Biosev arm

    Isman will replace Patrick Treuer, who has stepped down as Biosev's Chairman to focus on his role as LDC's Chief Strategy Officer, the group said in a statement. Isman will retain his roles as Head of North America at LDC and Chairman of Calyx Agro Ltd. At the same time, Anthony Tancredi will replace Isman as head of LDC's Grains Platform, while Enrico Biancheri will take over Tancredi's previous role as head of the Sugar Platform.

  • The Archer-Daniels-Midland (NYSE:ADM) Share Price Has Gained 17% And Shareholders Are Hoping For More
    Simply Wall St.13 days ago

    The Archer-Daniels-Midland (NYSE:ADM) Share Price Has Gained 17% And Shareholders Are Hoping For More

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Buying a low-cost index fund will get you the average market return. But if you invest in individual stocks, some are li...

  • 5 American Companies that Will Benefit From the End of the Trade War
    Insider Monkey16 days ago

    5 American Companies that Will Benefit From the End of the Trade War

    Although a deal has been in the works for quite some time and nothing concrete is out yet, many on Wall Street are hopeful that the U.S. and China will settle their trade war. The trade war has hurt a lot of companies on both sides, and China’s economy is in such a position that […]

  • Business Wire17 days ago

    ADM to Release First Quarter Financial Results April 26, 2019

    Archer Daniels Midland Company (ADM) will release financial results for the first quarter of 2019 before the market opens on Friday, April 26, 2019. The company will host a webcast at 8 a.m. Central Time to discuss financial results and provide a company update. A slide presentation will be available for download approximately 60 minutes prior to the webcast.

  • 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure
    InvestorPlace19 days ago

    9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure

    Never let it be said that, if nothing else, President Donald Trump doesn't keep things interesting. His latest controversial threat? Closing the border between the United States and Mexico until the nation's neighbor to the south does more to help shore up the free flow of potentially dangerous immigrants.He has since backed off on the threat, at least partially heeding concerns voiced by corporate leaders worried that such a move could stifle trade.He has hardly ruled out a complete border closure, however.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo that end, should President Trump still follow through on his innuendo, a handful of companies could readily feel an adverse effect. These outfits rely heavily on a relatively open border, with more than $600 billion worth of goods shipped between here and there every year.Mexico is the United States' third-biggest trade partner. * The Hottest Investment Ideas from Bill Gates' 10 Breakthroughs in 2019 Here's a rundown of nine of the market's most vulnerable names if Mexico and the U.S. are effectively cut off from one another, in no particular order. Ford Motor Company (F)Source: Shutterstock It may have been overstated for effect than for fact, but the point was well taken all the same when Kristin Dziczek, vice president of industry, labor and economics at the Center for Automotive Research, commented "You can't sell cars with missing pieces. You've got to have them all. I see the whole industry shutdown within a week of a border closing." An estimated 37% of the parts imported for use on U.S.-made automobiles come from Mexico.A closed border could prove doubly difficult for Ford (NYSE:F), however, which has established so many production and assembly facilities in Mexico over the course of the past several years. It has assembly plants in Hermosillo and Cuautitlan, a transmission factory in Guanajuato, and three engine plants in Chihuahua. Archer Daniels Midland (ADM)Source: GothamNurse Via FlickrThe threat of a border closure has, for some reason, thrust avocados into the spotlight. Mexico produces more of them than any other country in the world, and if they can't be transported across the Mexico/U.S. line, some fear the United States would run out of avocados in three weeks.While it might be tough to believe, the U.S. can survive without avocados. The fruit is only a microcosm for a much bigger food fight that would extend well beyond avocados. A whole variety of produce and packaged foods would soon be in short supply. * 10 Best ETFs for 2019: A Close Race at the Front Enter food giant Archer Daniels Midland (NYSE:ADM), which ships a great deal of corn and sugar to Mexico. While scarcity would initially beef up prices of ADM's goods, such a price hike would ultimately prove damaging in the long run for companies that ship foods in either direction. Werner Enterprises (WERN)Source: Shutterstock Werner Enterprises (NASDAQ:WERN) is a major logistics outfit in the United States … a fancy term for trucking, with a lot of "value add"' that makes matters simple for the shipping companies' customers.It matters. More than 80% of the goods transported between the two countries are carried by tractor trailers, and Werner is one of the key companies ferrying goods to and from Mexico.It's not just Werner that could run into a roadblock, literally and figuratively, at the border though. The United States' entire trucking industry could experience a fiscal flat tire.Bob Costello, chief economist and senior vice president with the American Trucking Associations, explains "Last year, just to haul freight to and from Mexico, the American trucking industry employed over 31,000 U.S. truck drivers (full-time equivalent) and nearly 47,000 total workers to support this truck-transported trade. This business generated $6.6 billion in revenue last year, and U.S. truck drivers were paid nearly $2 billion in wages to haul this freight." Kroger (KR)Source: Shutterstock Although Archer Daniels Midland may enjoy an initial bump in pricing power as the supply of food goods shrinks, as was noted, there's more long-term downside than upside.ADM isn't the only player in the food distribution game that's apt to run into a headwind, however. The outfits on the frontline that put food on families' tables will also be crimped, by being forced to charge higher prices as well as simply not having all the goods their customers want (like avocados!) to sell. * 7 Reasons Americans Should Embrace Socialism That makes Kroger (NYSE:KR) especially vulnerable, being not only the nation's biggest grocer but also focusing solely on groceries. At least rival Walmart (NYSE:WMT) can offset any softness in food sales with its general merchandise sold on the other side of its stores. VF Corp (VFC)Source: Andy Via FlickrVF Corp (NYSE:VFC) isn't exactly a household name. In fact, most investors may have never even heard of it. That's by design. The company is far more interested in promoting the brand names it owns and operates, which include Vans, The North Face, JanSport and Lee and Wrangler jeans, just to name a few.Many of those brands' production facilities, however, have migrated to Mexico where labor is usually much cheaper. Now getting that apparel into the United States could prove costly, if not impossible.The double whammy: While VF will find it challenging to get goods into the United States, it may find it just as tricky to get raw materials like the cotton needed to make denim out of the U.S. and into Mexico. Kansas City Southern (KSU)Source: Shutterstock While most of the goods shipped between the United States and Mexico are delivered by truck, a respectable chunk of the $600 billion in trade the two nations engage in is facilitated by railroads.That puts Kansas City Southern (NYSE:KSU), more so than any other rail name, in the crosshairs of this political standoff. For perspective, while roughly one-tenth of the volume Union Pacific (NYSE:UNP) handles crosses the Mexico/U.S. line, almost one-third of Kansas City Southern's traffic crosses the very same border. * 7 Biometric Stocks to Watch as AI Rises It's not just intercontinental deliveries that could be stymied for Kansas City Southern, however. The subsequent economic slowdown stemming from a border closure would also sap demand for shipping just within the United States as well. Constellation Brands (STZ)Source: Shutterstock It's not just a marketing gimmick. Constellation Brands (NYSE:STZ) beer band Corona really is brewed in Mexico. That presents a real problem for Constellation Brands, as Corona is America's favorite imported beer.The potential impasse couldn't be taking shape at a less opportune time against an already difficult backdrop. Although Corona has to be brewed in Mexico, Constellation has wisely set up brewing facilities Mexicali … a town technically located in Mexico, but for all practical purposes is located in southern California. The company, and its Corona partner AB InBev (NYSE:BUD), set up shop and have plans to expand there due to its propinquity to a key U.S. distribution hub. The development of those facilities, however, poses a threat to the town's water supply that has desperately needed local farmers.Already fighting a war of words over a border closure, Constellation doesn't have a lot of friends on the other side of the fence either. Tyson Foods (TSN)Source: Shutterstock Add Tyson Foods (NYSE:TSN) to the list of food names -- a list that already includes Kroger and Archer Daniels Midland -- that could be hurt by a closure of the U.S./Mexico border.Mexico buys more U.S.-produced chicken than any other nation, and the United States is by far Mexico's biggest chicken supplier. Last year, the U.S. delivered 675,653 tons of poultry south, easily outpacing Mexico's second-biggest supplier, Brazil, which only delivered 95,500 tons of chicken to United States' strained trade partner.In the shadow of trade-tensions largely inspired under Donald Trump's Presidency, however, late last year Mexico authorized 26 new Brazilian chicken providers to start shipping poultry into the country. * 7 China ETFs to Consider Right Now A closed border could sever Mexico's ties with Tyson and other chicken providers for good, with the country clearly starting to shop around for alternatives. Coca-Cola (KO)Source: Leo Hidalgo via Flickr (Modified)While American's love Constellation Brands' Mexican-made Corona beer, Mexicans love Coca-Cola (NYSE:KO). But, it's complicated.Mexican-bottled Coke is rumored to be different (for the better) than U.S.-bottled Coke, with the point of contention being the use of cane sugar or corn syrup, depending on the intended consumer. Mexico's version of Coke is so well-loved, in fact, that it's become a key part of the country's culture.Even so, though loyal to the brand, Mexico's consumers have proven even more loyal to their country. Mexicans already boycotted Coca-Cola products in early 2017 in response to President Trump's proposed border wall tax. They may well boycott again, and more vehemently, if the border between Mexico and the United States is completely closed, pushing the struggling country closer to a recession.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site,, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: A Close Race at the Front * 15 Stocks to Buy Leading the Financial Charge * 7 Stocks From Around the World That Beat U.S. Stocks Compare Brokers The post 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure appeared first on InvestorPlace.

  • Benzinga21 days ago

    Midwest Flooding Continues To Stall Transportation

    Most of the damage to homes, businesses, farms and ranches has been in eastern Nebraska and western Iowa, costing an estimated at $3 billion so far. Heavy rain, snowmelt and ice jams were too much for the ground to handle. The deluge has stalled crop shipments for U.S. grain traders, as well as inundating roads and rail lines that companies including Hormel Foods (NYSE: HRL) and Tyson Foods (NYSE: TSN) use to move meat.

  • Now German Yield Curve Is Flattening to a Post-Crisis Low
    Bloomberg24 days ago

    Now German Yield Curve Is Flattening to a Post-Crisis Low

    In the week after the same pocket of the yield curve for Treasuries inverted -- fueling speculation a recession is on the horizon -- the extra yield on 10-year bunds over three-month bills slipped to within two basis points of the post-crisis low. It has tumbled from 100 basis points at the start of the year to 45 basis points at 5 p.m. London time on Friday. “This curve may flatten further in Europe,” said Marc Ostwald, chief economist and global strategist at ADM Investor Services International in London.

  • Were Hedge Funds Right About Souring on Archer Daniels Midland Company (ADM)?
    Insider Monkey25 days ago

    Were Hedge Funds Right About Souring on Archer Daniels Midland Company (ADM)?

    Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The fourth quarter of 2018 is one of those periods, as the Russell […]

  • Reuters25 days ago

    DowDupont cuts sales forecast as Midwest floods hit agri division

    DowDuPont Inc cut its forecast for first-quarter sales on Thursday, citing the impact of U.S. Midwest floods on its agri business as well as weakness in its packaging and specialty plastics division. Record floods have devastated a wide swath of the Farm Belt across Iowa, Nebraska, South Dakota and several other states, idling ethanol plants, slowing rail shipments of agricultural products and swamping storage bins holding grain from previous harvests. Sales from its agri business are expected to be down 4 percent to 6 percent and operating earnings before interest, tax, depreciation and amortization (EBITDA) are expected to be down by $125 million to $150 million, DowDupont said.

  • How Will the Devastating Midwest Flooding Affect U.S. Ethanol?
    Motley Fool27 days ago

    How Will the Devastating Midwest Flooding Affect U.S. Ethanol?

    Iowa and Nebraska, the two states hit hardest by recent flooding, are home to 40% of the country's ethanol production capacity.

  • Reuters28 days ago

    Grain trade regional tie-ups likely in preference to mega-deals -LDC

    The agricultural trading industry can expect more consolidation at a regional level in an effort to improve margins, but big deals between global merchants are becoming more difficult, Louis Dreyfus Company's chief executive (LDC) said. Investor pressure has centred on Bunge, which has drawn interest from both Glencore and Archer Daniels Midland for a potential mega-merger. "Each of the participants - the ABCDs, Gs, Cs, all the various acronyms - are becoming increasingly different businesses," he said in a telephone interview, referring to the so-called ABCD quartet of ADM, Bunge, Cargill and Dreyfus, along with Glencore and Chinese-owned COFCO International.

  • MarketWatch28 days ago

    Archer Daniels says extreme winter weather will shave up to $60 million off Q1 pretax earnings

    Grands and seeds processor Archer Daniels Midland Co. said Monday it expects extreme winter weather-related disruptions to shave $50 million to $60 million off first-quarter pretax operating profit. "Extreme winter weather has affected our first quarter North American operations beyond what we would experience in a typical winter," the food company said in a regulatory filing. Snow and rain storms in March that caused flooding are affecting the company's Carbohydrates Solutions and Origination operations, said the filing. "Rail transportation has been disrupted throughout the region; our corn processing complex in Columbus, Nebraska, was idled due to flooding and currently is running at reduced rates; and unfavorable river conditions since December are severely limiting barge transportation movements and port activities." The company will offer investors an update on the impact on its first-quarter earnings call. Shares were not yet active premarket, but have gained 1.4% in the last 12 months, while the S&P 500 has gained 8.2%.

  • Reuters28 days ago

    Louis Dreyfus gets soybean boost from trade war

    Agricultural commodity merchant Louis Dreyfus Company (LDC) said on Monday trading opportunities created by the U.S.-Chinese trade dispute boosted its soybean business last year, contributing to a sharp rise in group profit. LDC posted record soybean export volumes from Brazil as the South American country increased flows to China during the Asian country's trade row with Washington, the company said.

  • Business Wirelast month

    ADM Further Strengthens Board with New Nominee, Creation of Sustainability and Corporate Responsibility Committee

    Archer Daniels Midland Company (ADM) today announced two important strategic additions to its Board of Directors. The Board of Directors has nominated Dr. Lei Zhang Schlitz to stand for election to the board at the company’s upcoming Annual Stockholders’ Meeting on May 1, 2019. Dr. Schlitz has held a series of senior-level positions for Illinois Tool Works Inc. (ITW), an innovative, diversified Fortune 200 manufacturing company with operations in 55 countries, approximately 48,000 employees, and more than 18,000 current and pending patents.

  • Archer Daniels' Cost Savings & Project Readiness Bode Well
    Zackslast month

    Archer Daniels' Cost Savings & Project Readiness Bode Well

    Archer Daniels (ADM) gains from its strategic initiatives such as cost savings, management of business portfolio and Project Readiness.