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The agribusiness commodity industry is on the growth track again after the severe drought that affected the U.S. and part of South America last year. Lower production and higher prices greatly affected the companies in the sector. Now, with a better
Buffett seems to have a nostalgic turn to the portfolio of an iconic America with newspapers and trains and now two famous agriculture stocks. But Warren is not so whimsical to buy dying businesses, all these have reinvented themselves for the 21st
US commodities giant Archer Daniels Midland is one step closer to acquiring GrainCorp after completing due diligence. The takeover deal will now be subjected to conditions including a minimum of 50.1 per cent acceptance by shareholders, and
Australia with a possible deal for a grain handler there called GrainCorp. Decatur, Ill.-based ADM has offered 12.20 Australian dollars ($12.54) to buy GrainCorp. That values GrainCorp at about $3.1 billion, including the portion of GrainCorp that
Under the terms of the bid implementation deed, GrainCorp will pay to its shareholders dividends out of current and retained earnings of the business prior to the transaction close. "We are pleased to have reached agreement with GrainCorp to conduct
21 p.m. , updated April 18, 2013 at 12:21 p.m. ADM Trucking in Mount Vernon, Ind. says it expects to cease operations this summer, putting 20 people out of work. ADM Trucking is part of the Archer Daniels Midland Co., which is based in Decatur, Ill.
Investors have always been interested in stocks that pay dividends, but lately, low interest rates on bonds and other fixed-income investments have made solid dividend payers even more valuable. ADM ) , and one big reason is that it's one of the
AP Wheel loader vehicles at Caterpillar plant Caterpillar cited falling global demand for mining equipment as the reason for the cuts and noted it aims to "bring production in line with demand," according to company representative Rachel Potts. The
Neb. (AP) ConAgra Foods is combining its North American flour milling business with that of a joint venture of Cargill and CHS Inc. to create a new business that will be called Ardent Mills. The three companies say the deal announced Tuesday will
Y Archer-Daniels-Midland (ADM) was downgraded by BMO Capital (BMO) as the stock price is approaching the previously set $32 price target...Oppenheimer (OPY) from outperform to perform, as the company is reaching the upper limits of margin expansion.