ADM Faces Multiple Challenges Amid Accounting Probe and Asset Sales

Archer-Daniels-Midland Co. faces an uphill battle to recover from an $8 billion value loss due to an accounting investigation, with its nutrition unit failing to live up to expectations despite multibillion-dollar investments. The company's core agricultural commodities are also facing challenges, with rising grain inventories leading to predictions of further price declines. While ADM is taking aggressive steps to fix its nutrition business, including slashing product lines and considering asset sales, investors may remain cautious. The company's CEO aims to restore profit growth and margin closer to previous levels, but the road to recovery may be long, especially with ongoing federal investigations and a struggling nutrition division.
- ADM Needs More Than Nutrition Revamp to Fix $8 Billion Wipeout Yahoo Finance
- Exclusive: US Justice Department probes ADM's ethanol trading desk, sources say Reuters
- ADM Discloses Justice Department Probe Into Accounting The Wall Street Journal
- ADM Mulls Asset Sales, Cuts Brands to Fix Nutrition Unit Under Investigation Bloomberg
- ADM Finds ‘Material Weakness’ in Accounting Probe Barron's
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