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Archer Daniels Midland profit falls on weak demand

Source: Seattle Times
New York City : NY : USA | 24 days ago  
Views: 5
Archer Daniels Midland says its first-quarter profit tumbled 53 percent as the global recession dragged down demand for crops and ethanol. The company said Tuesday that it earned $496 million, or 77 cents per share, compared with $1.04 billion, or $1.62 per share, last year.
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  • News Source: Star Tribune | 24 days ago
    Archer Daniels Midland Co. said Tuesday that its first-quarter profit tumbled 53 percent as the global recession dragged down demand for crops and ethanol, but demand is improving in some key markets. Patricia Woertz, the company's chairman and CEO,...
  • News Source: Seattle Times | 24 days ago
    Archer Daniels Midland says its first-quarter profit tumbled 53 percent as the global recession dragged down demand for crops and ethanol. The company said Tuesday that it earned $496 million, or 77 cents per share, compared with $1.04 billion, or $1.
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