ADP says Ackman’s claims it misled ISS are false

FAN Editor

FILE PHOTO: William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid October 31, 2017 (Reuters) – Automatic Data Processing Inc rejected as “false and misleading” on Tuesday the accusation by billionaire […]

ADM profit misses estimates on weaker margins

FAN Editor

The logo of global grain company Archer Daniels Midland is pictured in Decatur, Illinois March 16, 2015.REUTERS/Karl Plume October 31, 2017 (Reuters) – U.S. agricultural trader Archer Daniels Midland Co on Tuesday reported a smaller-than-expected quarterly profit, hurt by poor margins in its agriservices and oilseeds businesses. The company’s shares […]