On Monday, in the course of current trade, Shares of Archer Daniels Midland Company (NYSE:ADM), dropped -1.06%, and is now trading at $51.40.
Archer Daniels Midland Company (NYSE:ADM), declared that it has attained tree nut and seed processing assets and operations in Modesto, California, from California Gold Almonds, adding critical processing capacity on top of ADM’s existing West Coast nut operations in Lodi and Stockton. Under the terms of the deal, ADM is acquiring the lease to the brand-new Modesto processing plant, and taking ownership of assets—counting processing equipment—at the facility.
The Modesto plant is capable of steam pasteurizing, roasting, dicing, slicing, milling and packaging. Like ADM’s plants in Lodi and Stockton, the facility can process a range of nuts, counting almonds, cashews, Brazil nuts, pecans, pistachios, hazelnuts, walnuts and macadamias.
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The company’s Oilseeds Processing segment originates, merchandises, crushes, and processes soybeans and soft seeds into vegetable oils and protein meals.
During an Afternoon trade, Shares of UDR, Inc. (NYSE:UDR), climbed 0.15%, and is now trading at $ 32.60.
UDR, declared the closing of the formerly revealed west coast development joint venture with an initial investment of $136 million comprising of five under construction communities totaling 1,533 homes. The Company is in negotiation to add a sixth asset to the joint venture. The transaction is right away accretive to 2015 FFO.
UDR, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities.
Shares of AOL, Inc. (NYSE:AOL), during its Monday’s current trading session raised 0.06%, and is now trading at $ 50.02.
AOL Platforms, a division of AOL, and Multi Channel Network (MCN), MCN , have launched a programmatic private marketplace for television. This marks a milestone for the global media industry and a bellwether for how advertisers can access television audiences through the use of data and automation.
“Whatever can be automated will inevitably be automated, especially TV. Data is the main driver of this shift in marketing, and AOL, in partnership with MCN, has put together the blueprint model for how television will adopt programmatic globally and align digital with TV,” said Bob Lord, President of AOL. “The initiative combines the media, automation and data at scale necessary to drive real value for marketers and a much greater efficiency and yield for TV programmers.”
AOL Inc. provides various digital brands, products, and services to consumers, advertisers, publishers, and subscribers worldwide. Its Brand Group segment offers original content produced by journalists, politicians, celebrities, academics, policy experts, freelance writers, and bloggers; curated content; curated and aggregated content from third parties; and user-generated content through AOL.com and The Huffington Post, and related sites, in addition to through Engadget and TechCrunch branded properties.
Finally, Endo International plc - Common Shares (NASDAQ:ENDP), gained 1.09% Monday, hitting its highest level.
Endo International plc - Common Shares, declared the closing of its formerly declared registered offering of ordinary shares (the “Offering”). Following the Offering, the Company issued 27,627,628 ordinary shares, counting 3,603,603 ordinary shares sold upon the exercise in full by the underwriters of their option to purchase additional ordinary shares from the Company, at a price of $83.25 per share, for aggregate gross proceeds of about $2.3 billion.
The Company anticipates to use the net proceeds of the Offering, together with the proceeds of additional indebtedness and cash on hand, to fund the formerly declared acquisition of Par Pharmaceutical Holdings, Inc., in addition to repayments of indebtedness of Par and certain transaction expenses. The Company intends to use any remaining proceeds for general corporate purposes, counting acquisitions and debt repayments. If the Par acquisition is not consummated, the Company plans to use the net proceeds of the Offering for general corporate purposes, counting acquisitions and debt repayments.
Endo International plc, a specialty healthcare company, focuses on branded and generic pharmaceuticals and devices worldwide. It operates through four segments: U.S. Branded Pharmaceuticals, U.S. Generic Pharmaceuticals, Devices, and International Pharmaceuticals.
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