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All eyes on ADM and Bunge after Cargill profit jumps 20 percent
2015-10-08 08:18:54| Food - Topix.net
A 20 percent quarterly profit jump for global grains trader Cargill Inc [CARG.UL] suggests recent disappointing quarterly earnings from rival agribusinesses Archer Daniels Midland Co quarter so results were weaker for all these companies," said John Rogers, a senior vice president and team leader for chemicals and commodities at Moody's. "This year, because crop prices are down and stocks-to-use ratios are pretty high, there's not much hope for further price increases through next year, so there's more opportunity for these companies to make money."
All eyes on ADM and Bunge after Cargill profit jumps 20 percent
2015-10-08 04:48:39| Agriculture - Topix.net
A 20 percent quarterly profit jump for global grains trader Cargill Inc [CARG.UL] suggests recent disappointing quarterly earnings from rival agribusinesses Archer Daniels Midland Co quarter so results were weaker for all these companies," said John Rogers, a senior vice president and team leader for chemicals and commodities at Moody's. "This year, because crop prices are down and stocks-to-use ratios are pretty high, there's not much hope for further price increases through next year, so there's more opportunity for these companies to make money."
Admiral Group plc (ADM) - Analysts' Weekly Ratings Changes
2015-10-02 12:09:01| Agriculture - Topix.net
They now have a GBX 1,500 price target on the stock. 9/21/2015 - Admiral Group plc is now covered by analysts at Sanford C. Bernstein.
Tags: group
changes
ratings
weekly
ADM looks to expand east-coast business with purchase agreement of New Jersey company
2015-10-02 06:55:23| Agriculture - Topix.net
Archer Daniels Midland Company today announced an agreement to purchase Eatem Foods Company, a leading developer and producer of premium traditional, natural and organic savory flavor systems. "We're accelerating our evolution from an ingredient supplier to a complete solutions provider by systematically building and acquiring capabilities to meet a wide range of customer needs," said Vince Macciocchi, president of ADM's WILD Flavors and Specialty Ingredients business unit.
Tags: business
company
agreement
purchase
ADM Opens Tech Center In Erlanger, KY
2015-09-26 02:24:55| Agriculture - Topix.net
ADM OPENS TECH CENTER IN ERLANGER, KY Sep. 25, 2015 Source: ADM news release Archer Daniels Midland Company today announced the opening of its new information technology and support center, which is located on the same campus as ADM's WILD Flavors offices in Erlanger, Kentucky. "As our company continues to grow, our global I.T. capabilities and infrastructure have to expand at the same time to support that growth.
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