Archer Daniels says extreme winter weather will shave up to $60 million off Q1 pretax earnings

Grands and seeds processor Archer Daniels Midland Co. ADM, -0.61% said Monday it expects extreme winter weather-related disruptions to shave $50 million to $60 million off first-quarter pretax operating profit. "Extreme winter weather has affected our first quarter North American operations beyond what we would experience in a typical winter," the food company said in a regulatory filing.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

This is such a 2016 excuse

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Analysts say shares of China's Tencent are still a buy despite its dismal earningsAnalysts say shares of Chinese tech juggernaut Tencent are a buy — despite the company posting on Thursday its slowest profit growth in 13 years. Cent , five cent , ten cent , dollar hahaaaaa , Google Colin Lucas dollar wine on YouTube , that's the song to play for this one lolllllllllll go for it u will like it , they can use it for their TV commercials !!!!!
Source: CNBC - 🏆 12. / 72 Read more »