Search Results for: ADMS
Before markets open on Tuesday, these four companies will be reporting quarterly results.
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Ethanol stocks appear to be under pressure this morning. Citigroup has downgraded the group to a SELL rating, partially based upon the Midwest flooding. VeraSun (NYSE: VSE) and BioFuel...
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Source: ThinkstockFalling U.S. demand for gasoline has combined with high corn prices to force the closure of several U.S. ethanol plants. Ethanol makers are actually losing money on every gallon of...
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The recovering US economy is fueling demand for crude oil, and the demand for crude oil is boosting demand for ethanol. Corn prices, which had been low for months, have recently risen sharply on...
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Valero Energy Corp. (NYSE:VLO) has won the auction for seven ethanol plants formerly owned by VeraSun Energy Corporation (VSUNQ), which is now in Chapter 11 bankruptcy. Valero will pay $477 million...
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Source: thinkstockArcher Daniels Midland Co. (NYSE: ADM) reported second-quarter fiscal 2013 earnings this morning. The agribusiness giant posted adjusted diluted earnings per share (EPS) of $0.60 on...
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Source: ThinkstockU.S. agribusiness giant Archer Daniels Midland Co. (NYSE: ADM) this morning announced that its Australian subsidiary has offered to buy the approximately 80% of Australia’s...
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Source: Jon OggInvestors and traders are constantly on the hunt for new research ideas that will generate higher income or more profits. 24/7 Wall St. reviews many analyst research calls from Wall...
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Source: ThinkstockArcher Daniels Midland Co. (NYSE: ADM) reported second-quarter 2013 earnings this morning. The agribusiness giant posted adjusted diluted earnings per share (EPS) of $0.46 on...
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Archer Daniels Midland reported fourth-quarter and full-year 2013 earnings Tuesday morning that exceeded consensus estimates. Revenue for both periods fell short of expectations.
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The US Environmental Protection Agency yesterday released a list of 20 companies that have been approved to manufacture ethanol for use in blending the 15% ethanol-gasoline blend known as E15. Among...
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Tucked neatly away in the recently passed tax bill was a renewal of the $0.45/gallon subsidy for corn ethanol. The subsidy renewal also includes a continuation of the $0.54/gallon tariff on imported...
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