Archer-Daniels-Midland Relief: Annual Report Releases Surprising News As Shares Soar
Chicago, Illinois – Investors of Archer-Daniels-Midland Co. saw a jump in the commodity giant’s shares after the release of its delayed annual report on Tuesday. The report did not reveal any significant financial discrepancies that had been feared. In the annual report, ADM made revisions to its intersegment sales for the last three years after conducting an internal investigation into its financial reporting. The company also disclosed a $137 million impairment charge related to its …