Reuters exclusively reported that the U.S. Justice Department is probing accounting practices at Archer Daniels Midland Co (ADM.N), ramping up pressure on the global commodities giant.
Business & FinanceEconomyPolitics
05 February 2024, 1:17 pm 1 minute
Market Impact
New York-listed shares of ADM’s stock dropped 24% on Jan. 22 after the company disclosed the previous day that it had suspended its CFO amid an internal probe into accounting practices related to its Nutrition division.
Article Tags
Topics of Interest: Business & FinanceEconomyPolitics
Type: Reuters Best
Sectors: Economy & PolicyFinancial ServicesLegal Services
Regions: Americas
Countries: United States
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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