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INX:ADM, Aug 20, 04:49 UTC

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Tuesday, February 05


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Archer Daniels (ADM) Q4 Earnings and Revenues Miss Estimates

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Archer Daniels Midland Company ADM reported lower-than-expected results in fourth-quarter 2018, wherein the bottom line delivered a negative earnings surprise after four straight beats along with second consecutive top-line miss.A glimpse of this Zacks Rank #1 (Strong Buy) stock’s price trend reveals that it has outperformed the industry in a year’s time. Transportation results were driven by higher freight rates, mitigated with elevated operating expenses.At the Nutrition segment, adjusted operating profit decreased 15.1% to $62 million as robust WFSI results were offset by dismal performance at Animal Nutrition. Also, lower margins and sales in EMEA as well as elevated costs in North American liquid sweeteners negatively impacted the results. However, North American volumes in Starches and Sweeteners were robust.FinancialsArcher Daniels ended the quarter with cash and cash equivalents of $1,997 million, long-term debt including current maturities of $8,280 million and shareholders’ equity of $18,996 million.In 2018, the company generated negative cash flows of $4,784 million from operating activities. However, the company’s trailing four-quarter adjusted ROIC came in at 8.3%, 200 basis points above the annual WACC.Additionally, the company repurchased shares worth $77 million and paid dividends of $758 million to its shareholders in 2018. It currently carries a Zacks Rank #2 (Buy).Nomad Foods Limited NOMD has an impressive long-term earnings growth rate of 11% and a Zacks Rank #2.Zacks' Top 10 Stocks for 2019In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?Who wouldn't?

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Archer Daniels 4th-qtr profit misses estimates amid trade war woes

ADM

Feb 5 (Reuters) - U.S. grains trader Archer Daniels Midland Co on Tuesday reported fourth-quarter earnings that fell short of estimates as three of its four key business groups reported results below the same period a year earlier. Adjusted operating profit in ADM's origination business, which includes grain trading, fell nearly 30 percent to $183 million in the quarter, despite higher volumes of North American corn and soybean exports to markets outside of China. An anti-dumping probe by Beijing, which halted trade between the world's biggest buyer and seller of the grain early last year, was among the first trade fights between the United States and China, which are still embroiled in a trade war. "Current-quarter results were driven by an intra-company insurance settlement relating to sorghum shipments in early 2018, as well as other underwriting losses," ADM said in its earnings report.

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Archer Daniels Midland profit misses estimates

ADM

(Reuters) - U.S. grains trader Archer Daniels Midland Co on Tuesday missed Wall Street estimates for quarterly profit, hurt by higher expenses and lower margins in its origination business. The crop trader has been facing a slump in commodity prices due to a global soy and corn surplus and the U.S.-China trade dispute. The company has four different business units that include origination, carbohydrate solutions, nutrition and oilseeds. Net earnings attributable to ADM fell to $315 million, or 55 cents per share, in the three months ended Dec. 31, from $788 million, or $1.39 per share, a year earlier, when the company recorded $249 million in tax gains.

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Archer Daniels Midland (INX:ADM) social chatter is higher than usual

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This morning's winner for $ADM is mrmktmaker who beats 37 other analysts and the Wall Street Consensus - https://t.co/kfyRwMItUd
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Archer Daniels Midland shares slide after earnings and revenue miss

ADM

Archer Daniels Midland Co. shares fell 3.4% in Tuesday premarket trading after the food maker missed fourth-quarter earnings and revenue expectations. The company reported net income $315 million, or 55 cents per share, down from $788 million, or $1.39 per share, last year. Adjusted EPS of 88 cents missed the 92-cents FactSet consensus. Revenue totaled $15.9 billion, down from $16.1 billion and below the $16.8 billion FactSet estimate. Archer Daniels shares have gained 9.6% over the past year while the S&P 500 index is up nearly 3% for the period.

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Archer Daniels Midland quarterly profit slumps 60 percent

ADM

Archer Daniels Midland quarterly profit slumps 60 percent. ReutersFebruary 5, 2019, 12:15 PM GMT. (Reuters) - U.S. grains merchant Archer Daniels Midland Co on Tuesday reported a 60 percent slump in fourth-quarter profit compared with the same period a year earlier when it recorded a tax gain. Net earnings attributable to ADM fell to $315 million, or 55 cents per share, in the three months ended Dec. 31, from $788 million, or $1.39 per share, a year earlier, when the company recorded $249 million in tax gains. Revenue fell to $15.95 billion from $16.07 billion. What to read next.

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Monday, February 04


News

Global Dairy Alternatives Market Outlook to 2025 - Dominated by The Whitewave Foods Company, The Hain Celestial Group, Archer Daniels Midland Company, and Blue Diamond Growers - ResearchAndMarkets.com

ADM

DUBLIN--(BUSINESS WIRE)--The "Global Dairy Alternatives Market (By Products - Soy Milk, Almond Milk & Rice Milk; By Application - Food & Beverage; By Region - North America, Asia Pacific & Europe) Market Outlook 2025" report has been added to ResearchAndMarkets.com's offering. Dairy alternatives are broadly classified into five categories - cereal based, legume-based, nut-based, seed based and pseudocereal based. The growth of the global dairy alternative market is fuelled by rising incidences of lactose intolerance, nutritional benefits of dairy alternatives, growing beverage industry, and increasing disposable income. However, the market faces several challenges due to the high price of products, regulatory hurdle, and issues related to product contamination. Future forecasts of dairy alternative market overall and across various sub-segments till 2025 is provided in the report.

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Archer Daniels' Neovia Buyout to Bolster Nutrition Portfolio

ADM

The buyout will also bolster Archer Daniels’ relationships with French farmers and enable it to enter into partnerships with French Cooperatives. Moreover, the company’s presence will expand in Western Europe, South and Central America, and Southeast Asia, where Neovia has significant operations.Notably, the Neovia buyout will be integrated in to the company’s animal nutrition business, which is expected to generate sales of $3.5 billion. Moreover, Neovia’s global presence coupled with product innovation and R&D capabilities will craft a major global animal nutrition provider, with complete solutions for customers worldwide.We note that Archer Daniels has been intensely focusing on strengthening its Nutrition portfolio. In addition, it has made major investments in the animal health and nutrition space, which includes building three animal nutrition plants in China and four in the United States; spending in the latest value-added complete feed producing facilities in North America; partnering with the Qingdao Vland Biotech Group; and purchasing Crosswind Industries and Protexin.In an effort to manage its business portfolio, Archer Daniels remains focused on undertaking strategic initiatives.

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Sunday, February 03


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Nisa Investment Advisors LLC Sells 55,652 Shares of Archer Daniels Midland Co (ADM) – PressOracle

ADM

Nisa Investment Advisors LLC trimmed its holdings in Archer Daniels Midland Co (NYSE:ADM) by 23.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Global Trust Asset Management LLC bought a new stake in Archer Daniels Midland during the 3rd quarter worth approximately $131,000. In related news, CFO Ray G. Young bought 2,100 shares of the company’s stock in a transaction on Wednesday, November 7th. Zacks Investment Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating and set a $48.00 target price for the company in a report on Tuesday, January 8th.

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Thursday, January 31


News

Archer Daniels Midland Co (ADM) Holdings Increased by Boston Advisors LLC – Fairfield Current

ADM

Boston Advisors LLC lifted its position in Archer Daniels Midland Co (NYSE:ADM) by 43.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Global Trust Asset Management LLC acquired a new stake in Archer Daniels Midland in the third quarter valued at approximately $131,000. Finally, Argus upgraded shares of Archer Daniels Midland from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research note on Thursday, November 8th. In other Archer Daniels Midland news, CFO Ray G. Young bought 2,100 shares of Archer Daniels Midland stock in a transaction on Wednesday, November 7th.

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