AI Prospecting for Archer Daniels Midland

Archer-Daniels Midland (ADM) reported its fourth quarter and full-year 2024 results, forecasting adjusted EPS of $4.00 to $4.75 for 2025. The company announced a 2% increase in its quarterly dividend and plans for $500-$750 million in cost savings over 3-5 years, including a targeted workforce reduction of 600-700 roles globally in 2025[2]. Additionally, ADM is facing a securities fraud suit alleging accounting irregularities in its Nutrition business segment, with the court denying the company's motions to dismiss the case[4].

Archer Daniels Midland (ADM) has initiated a starch expansion at its Marshall plant, enabling the facility to process more corn[2]. ADM and Mitsubishi Corporation have signed a non-binding MOU to form a strategic alliance, exploring collaborations across the agriculture value chain to address global food and supply chain challenges[4]. ADM is proceeding with a securities fraud case in federal court in Illinois, alleging accounting irregularities in its Nutrition business segment, after the court denied the company's motions to dismiss[3].

Archer-Daniels-Midland Company (ADM) is facing a securities fraud suit after a federal court in Illinois denied the company's motions to dismiss allegations of accounting irregularities in its Nutrition business segment, allowing the case to proceed to discovery and potentially a trial[2].