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Archer Daniels Midland Company (ADM) Given New $43.00 Price Target at Goldman Sachs

2016-01-16 10:34:43| Agriculture - Topix.net

Goldman Sachs' price target suggests a potential upside of 36.46% from the stock's previous close. Several other equities analysts also recently weighed in on ADM.

Tags: price company target adm

 

UPDATE 1-Jack Daniel's owner to sell Southern Comfort, Tuaca brands

2016-01-14 15:40:13| Beverages - Topix.net

Jan 14 Brown-Forman Corp, the maker of Jack Daniel's whiskey, said it would sell its liqueur brands, Southern Comfort and Tuaca, to alcohol maker Sazerac for $543.5 million. Reuters reported in September, citing sources, that the company had hired Goldman Sachs Group Inc to explore a sale of some brands as it wanted to focus on its core whiskey business.

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Revisiting A Pairs Trade Between Archer Daniels And Bunge

2016-01-11 16:49:54| Food - Topix.net

On June 15, 2015, I wrote an article for Seeking Alpha entitled, Long Archer Daniels Midland and Short Bunge: A Response to Emerging Market Conditions . In that piece, I argued that the weakness in Brazil would result in a better performance for Archer Daniels as opposed to Bunge , as BG has a serious commitment in the South American nation.

Tags: trade pairs daniels archer

 

Revisiting A Pairs Trade Between Archer Daniels And Bunge

2016-01-11 15:21:56| Agriculture - Topix.net

On June 15, 2015, I wrote an article for Seeking Alpha entitled, Long Archer Daniels Midland and Short Bunge: A Response to Emerging Market Conditions . In that piece, I argued that the weakness in Brazil would result in a better performance for Archer Daniels as opposed to Bunge , as BG has a serious commitment in the South American nation.

Tags: trade pairs daniels archer

 

Kempner Capital Management Sells $1,509,000 in Archer Daniels Midland Company (ADM) Shares

2016-01-10 23:27:01| Agriculture - Topix.net

Kempner Capital Management cut its position in Archer Daniels Midland Company by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,148 shares of the company's stock after selling 1,657 shares during the period.

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