ADM Appoints Ismael Roig Interim Chief Financial Officer
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Roth/MKM Downgrades Archer Daniels Midland (ADM) to Neutral
January 22, 2024 7:32 AM ESTRoth/MKM analyst Brian Wright downgraded Archer Daniels Midland (NYSE: ADM) from Buy to Neutral with a price target of $66.00 (from $98.00).
The analyst comments "On Sunday evening, ADM announced that the CFO, Vikram Luther, was put on administrative leave as a result of an ongoing... More
Archer Daniels Midland (ADM) plunges after placing CFO on leave amid probe
January 22, 2024 6:36 AM ESTArcher-Daniels-Midland Company (NYSE: ADM) shares plunged in early New York trading on Monday after an outside counsel and the Boards audit committee launched investigation for accounting practices in the companys Nutrition segment and related intersegment transactions.
This probe was initiated following a voluntary document request from the... More
