Archer Daniels Midland Co. (ADM) made multiple headlines in the matters of finance, share transactions, and a government investigation. ADM sees its shares purchased by several investment firms like J.W. Cole Advisors Inc., First Trust Direct Indexing L.P., and Brookstone Capital Management, among others. However, it also saw its shares being sold by entities like Janney Montgomery Scott LLC and Diversified Trust Co. On the financial front, ADM's CFO announces his resignation amidst a U.S. government investigation into the company's nutrition and flavor business. ADM's Q1 performance exceeded analyst's earnings predictions but was marked by decreased revenues. The situation escalated as ADM's accounting came under scrutiny, with the U.S. Justice Department investigating their practices, leading to legal action and shareholder alerts. Meanwhile, ADM is strategizing to navigate these difficulties while it faces a volatile market scenario.
Archer Daniels Midland Company ADM News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Sun, 07 Jul 2024 15:26:05 GMT -
Rating -6
- Innovation 3
- Information 8
- Rumor -8
