Headline Details

UPDATE 5-ADM considers ethanol spinoff as Q1 profit falls on severe weather

Published on: Fri, 26 Apr 2019 18:24:26 UTC
News Agency: Reuters
Description:
Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant's profit, which tumbled 41% in the first quarter.

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
Japan PM Abe says hopes for 'new era' in Japan-China relations Reuters
One dead, several wounded in suicide bomber attacks in Tunisian capital Reuters
Air India plane makes emergency landing in UK after hoax bomb threat Reuters
Iran on course to exceed nuclear pact limit within days: diplomats Reuters
Macron warns he won't sign Mercosur deal if Brazil leaves climate accord Reuters