05.02.2015 - Agro ETFs Gain Post Archer Daniels' Earnings Beat, Revenue Miss
On February 3, the agro titan Archer Daniels Midland Company came up with mixed results for 4Q14 with earnings beating the Zacks Consensus Estimate by a wide margin but revenues falling short. This provider of agricultural products has announced a 17% hike in its quarterly cash dividend to $0.28 a share, which probably soothed investors’ nerves and pushed up its shares in the key trading session following the earnings release. Its shares, however, shed gains after hours...............................................Full Article: Source
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