Business, Private

ADM Shares Fall as CEO Cites Transition From Boom Years

Archer-Daniels-Midland Co.’s shares slumped as the agribusiness giant warned of pressured margins for the remainder of the year, even as quarterly earnings beat estimates.

Gerson Freitas Jr. | Bloomberg News
April 30, 2024
Business, Fuel, Logistics, Private

ADM Strikes Supply Deal for US Plant-Based Chemical Factory

Archer Daniels Midland Co. has agreed to supply biochemical maker Solugen Inc. with raw materials needed to make plant-based acids at a plant to be built in southwest Minnesota.

Gerson Freitas Jr. | Bloomberg News
October 30, 2023
Business, Logistics, Private

Tyson Foods Reorganizes, Appoints New Supply Chain Chief

Tyson Foods will centralize areas such as transportation and warehousing under fresh meats head Brady Stewart in the food giant’s latest effort to restore profits.

Gerson Freitas Jr. | Bloomberg News
August 30, 2023
Business, Fuel

Chevron Aims to Lower Emissions at Five US Well Sites

Chevron Corp. is looking to show it can lower methane emissions at five oil well sites in Texas and Colorado as part of an industry push into “responsibly sourced” gas.

Gerson Freitas Jr. | Bloomberg News
February 23, 2022
Business, Fuel

Natural Gas Plunges 12% on Demand-Killing US Weather Outlook

Natural gas futures plummeted as much as 12% in the U.S. as forecasts shifted warmer through the middle of next month, allaying concern about tight domestic supplies amid a global shortage of the heating fuel.

Gerson Freitas Jr. | Bloomberg News
November 29, 2021