ADM’s multiple accounting errors and SEC probe are ‘highly concerning’ to investors
Notable accounting errors and a federal investigation have kept the U.S. agricultural giant Archer-Daniels-Midland Co. (ADM) in the spotlight for most of this year. Now more financial mismanagement ...
ADM Down 6% as More Accounting Errors Arise, Profit Forecast Cut
(Reuters) - Archer-Daniels-Midland shares fell 7% premarket on Tuesday after the global grains merchant cut its adjusted ...
Archer-Daniels Midland's Profit Decline Reflects Fall to Midcycle Levels Following Crop Prices
Archer-Daniels Midland is in excellent financial health. As of June 30, 2024, ADM reported net debt of $9.8 billion. Management reported a net debt/adjusted EBITDA ratio of approximately 1.9 times, ...
Grains merchant ADM slides on fresh accounting errors, profit forecast cut
By Mrinalika Roy and Sourasis Bose (Reuters) -Archer-Daniels-Midland shares fell 8% premarket on Tuesday after the global ...