Archer-Daniels-Midland Company (ADM)
Pre-market:
| Previous close | 62.50 |
| Open | 61.99 |
| Bid | 61.21 x 900 |
| Ask | 61.88 x 800 |
| Day's range | 61.51 - 62.29 |
| 52-week range | 50.72 - 87.30 |
| Volume | |
| Avg. volume | 5,543,937 |
| Market cap | 31.004B |
| Beta (5Y monthly) | 0.77 |
| PE ratio (TTM) | 9.61 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.00 (3.24%) |
| Ex-dividend date | 07 Feb 2024 |
| 1y target est | N/A |
- Reuters
ADM CFO to resign as company faces US government investigation
Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30. Luthar is the highest-level executive to leave the firm since it disclosed accounting issues within its Nutrition division that later triggered two government investigations and forced it to revise six years of financial data. ADM had put Luthar on administrative leave in January as it launched an internal investigation focused on accounting practices involving the smallest of its three business units.
- Bloomberg
ADM Says Former CFO Luthar to Resign After Accounting Probe
(Bloomberg) -- Archer-Daniels-Midland Co. said former Chief Financial Officer Vikram Luthar, who was placed on leave earlier this year amid an accounting investigation, has agreed to resign effective Sept. 30.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyBillionaire Pinaults Fight to Pull Gucci Off the Discount RackRussians Transform Dubai as They Flee Putin’
- Reuters
UPDATE 2-ADM CFO to resign as company faces US government investigation
Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30. Luthar is the highest-level executive to leave the firm since it disclosed accounting issues within its Nutrition division that later triggered two government investigations and forced it to revise six years of financial data. ADM had put Luthar on administrative leave in January as it launched an internal investigation focused on accounting practices involving the smallest of its three business units.
