UBS Downgrades Archer Daniels Midland (ADM) to Neutral, 'Lower Growth and Margins'

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ADM ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Archer-Daniels-Midland Company and Encourages Investors to Contact the Firm

January 25, 2024 9:00 PM EST

NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Archer-Daniels-Midland Company (ADM or the Company) (NYSE: ADM) in the United States District Court for the Northern District of Illinois on behalf of all persons and entities who purchased or otherwise acquired ADM common stock between April 30, 2020 and January 22, 2024, both dates inclusive (the Class Period). Investors have until March 25, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

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ADM Declares Cash Dividend

January 25, 2024 7:15 PM EST

CHICAGO--(BUSINESS WIRE)-- ADMs (NYSE: ADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the companys common stock, an approximately 11% increase from last quarters dividend of 45.0 cents per share. The dividend is payable on Feb. 29, 2024, to shareholders of record on Feb. 8, 2024.

This is ADMs 369th consecutive quarterly... More

New Heritage Capital Exits Investment in Portfolio Company, Revela Foods

January 24, 2024 6:30 AM EST

BOSTON--(BUSINESS WIRE)-- New Heritage Capital (Heritage) is pleased to announce the successful exit of its investment in Revela Foods (Revela or the Company). The Company was acquired by ADM (NYSE: ADM), a Fortune 50 global human and pet nutrition company, to further expand its flavor ingredient solutions offering.

Created via the 2016 merger of Welcome Dairy and Gamay Food Ingredients and headquartered in New Berlin, WI, Revela develops and manufactures innovative dairy flavor ingredients and solutions. Revela has delivered rapid growth, driven by its innovative enzyme technology, which powers a broad range of clean label dairy... More