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Stock impact report

Archer Daniels expects $80 mln -$100 mln restructuring charges [Reuters]

Archer-Daniels-Midland Company (ADM) 
Last archer-daniels-midland company earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: adm.com/contact-us/investor-relations
Company Research Source: Reuters
Archer Daniels expects $80 mln -$100 mln restructuring chargesAug 1 (Reuters) - Archer Daniels Midland Co :Archer Daniels Midland - expect to record restructuring, impairment charges of about $80 million to $100 million pre-tax related to actions announced in Q3.Archer Daniels Midland - on July 31, co announced change to U.S. salaried employee defined benefit pension plan - SEC filing.Archer Daniels Midland - effective December 31, 2021, the accrued pension benefits of active traditional formula plan participants will be frozen.Archer Daniels Midland - company will be undertaking a pension plan remeasurement in the third quarter of 2017.Archer Daniels - in Q2, independent third party issued confidential decision resolving matter related to sale of co's cocoa processing business.Archer Daniels - during Q2, co adjusted its reserve and paid Olam full and final amount determined by the independent third party. Show less Read more
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