Archer Daniels Midland (ADM) is experiencing various market changes, resulting in its stock positioning fluctuating. Vest Financial LLC and Universal Beteiligungs und Servicegesellschaft mbH have received significant stock positions in ADM. Conversely, employees such as Sen. Tommy Tuberville have sold off ADM shares. Amid these, notable layoffs are upending ADM's global commodity desk, halting domestic trading in China, and closing a soybean processing plant in South Carolina. Despite these challenges, there have been multiple positive acquisition activities, with numerous investors boosting their position, such as Whipplewood Advisors LLC, Rhumbline Advisers, and Sarasin & Partners LLP. The ADM ingredients business is seemingly recovering after an accounting scandal, but the company still faces issues, including a federal judge ruling that an ADM securities fraud case could continue. ADM has committed to funding Illinois State University’s College of Engineering, but also plans to slash up to 700 roles. Amid all these, the ADM stock's fate remains uncertain.
Archer Daniels Midland Company ADM News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Fri, 06 Jun 2025 10:26:52 GMT -
Rating -2
- Innovation 4
- Information 7
- Rumor -5
