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Stock impact report

ADM Resolves Nutrition Accounting Case Putting Governance In Investor Focus [Yahoo! Finance]

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: Yahoo! Finance
Archer Daniels Midland (NYSE:ADM) agreed to pay a US$40 million civil penalty to settle a US Securities and Exchange Commission investigation into past accounting practices in its nutrition segment. The US Department of Justice has closed its related inquiry with no further action. The settlement concludes a period of regulatory scrutiny around ADM's financial reporting and internal controls. For you as an investor, this sits on top of ADM's core role in global agriculture, spanning grain origination, processing, trading, and ingredients, alongside its nutrition business. The accounting issues were tied specifically to that nutrition segment, which had been positioned as a growth area inside a much larger, more established agriculture and processing franchise. With the investigations now resolved, investor focus may shift to how ADM's refreshed financial leadership and control measures affect future disclosures and reporting quality. Key questions include governance, the cons Show less Read more
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