Profit Heads for Third Year of Declines
ADM’s Decatur, Ill., facility. (ADM)
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Archer-Daniels-Midland Co. is weighing asset divestitures as part of a plan to slash costs as the crop trading giant faces a downturn in profits.
The Chicago-based company is looking at businesses that are seeing deteriorating demand and excess capacity for potential closures and deals, CEO Juan Luciano said during an earnings call Tuesday wi…
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