ADM

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ADM stocks plunge as CFO placed on leave amidst investigation

By Jane Byrne

ADM shares plummeted by a staggering 24%, according to media reports on Monday, following the decision to place its CFO, Vikram Luthar, on administrative leave amid an ongoing investigation into accounting practices within its nutrition business.

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OSHA cites ADM for explosion at Decatur plant

By Jane Byrne

The US Department of Labor claims that to Archer Daniels Midland (ADM) failed to carry out inspections and testing of equipment, resulting in an explosion and injuries to employees at one of its facilities.

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Viterra and Bunge reportedly in merger talks

By Jane Byrne

Existing investors in Viterra, Canada’s biggest pension funds, would back a potential merger between the Glencore Plc entity and Bunge Ltd, according to a report by Bloomberg.

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ADM to stop production of dry lysine in early 2021

By Jane Byrne

Archer Daniels Midland (ADM) Company plans to end production of dry lysine in the first half of 2021 after the global supply increased faster than actual demand. The company is working with customers to ensure a smooth transition before ending production...