Peoria Newswire

Peoria Newswire

Comprehensive Real-Time News Feed for Peoria, IL.

Results 1 - 8 of 8 for "u:reuters.com" in Peoria, IL

  1. POET unseats ADM as top global fuel ethanol makerRead the original story w/Photo

    Apr 30, 2018 | Reuters

    Privately held U.S.-based POET Llc has overtaken industry pioneer and global grain merchant Archer Daniels Midland Co to become the top ethanol producer in the world, the companies told Reuters. FILE PHOTO: Jeff Broin, CEO, Poet speaks during the Fortune Brainstorm Green conference in Dana Point, California April 13, 2010.

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  2. Caterpillar's latest restructuring move could cut 880 jobsRead the original story w/Photo

    Mar 16, 2018 | Reuters

    FILE PHOTO: A Caterpillar corporate logo is pictured on a building in Peoria, Illinois, U.S., March 19, 2017. REUTERS/Carlo Allegri/File Photo The plant closures, which were announced internally over the past two months, were confirmed to Reuters by a company spokeswoman on Friday.

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  3. UPDATE 3-ADM says profit tumbles and issues gloomy view; shares dropRead the original story w/Photo

    Oct 31, 2017 | Reuters

    Archer Daniels Midland Co's quarterly earnings tumbled 44 percent on severance and restructuring costs and weaker trading profits due to a global grain glut, and the agricultural trader offered a gloomy 2018 forecast, sending its shares dropping as much as 6.7 percent on Tuesday. The logo of global grain company Archer Daniels Midland is pictured in Decatur, Illinois March 16, 2015.REUTERS/Karl Plume Four years of bumper grain and oilseeds harvests have squeezed profits for ADM and main rivals Bunge Ltd, Cargill Inc [CARG.UL] and Louis Dreyfus Co [LOUDR.UL].

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  4. Global Markets-Dow closes high on earnings; dollar flat after Fed chair reportRead the original story w/Photo

    Oct 24, 2017 | Reuters

    The Dow Jones Industrial Average Index closed higher on Tuesday, driven by solid earnings from industrial companies, while the dollar index was little changed after reports of Republican senators' support for John Taylor as Federal Reserve chair. FILE PHOTO: The New York Stock Exchange is pictured in New York City, New York, U.S., August 2, 2017.

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  5. Global Markets-Dow stays near record high, European shares end mixedRead the original story w/Photo

    Oct 24, 2017 | Reuters

    European shares ended mixed at their close on Tuesday in anticipation of this week's European Central Bank meeting, while the Dow Jones Industrial Average remained near record highs, buoyed by a surge in industrial sector shares. FILE PHOTO: The New York Stock Exchange is pictured in New York City, New York, U.S., August 2, 2017.

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  6. Global Markets-Dow opens at record high, U.S. Treasury yields riseRead the original story w/Photo

    Oct 24, 2017 | Reuters

    The Dow Jones Industrial Average opened at a record high on Tuesday after a surge in shares of Caterpillar Inc, while U.S. 10-year Treasury yields hit a more than five-month peak. FILE PHOTO: The New York Stock Exchange is pictured in New York City, New York, U.S., August 2, 2017.

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  7. U.S. ethanol makers steer away from fuel, reach for boozeRead the original story w/Photo

    Aug 1, 2017 | Reuters

    A U.S. glut of fuel-grade ethanol has major producers, including Green Plains Inc and industry pioneer Archer Daniels Midland Co, pursuing other markets and idling excess capacity in an effort to rebuild sagging margins. ADM and Green Plains both said on Tuesday they are converting fuel-ethanol capacity into beverage and industrial alcohol production, as well as idling some mills.

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  8. UPDATE 3-ADM 2nd-qtr profit beats estimates on strong corn marginsRead the original story w/Photo

    Aug 1, 2017 | Reuters

    The company's global trading desk, which lost money in three of the past six quarters and has lost several top traders in the past two years, posted stronger results despite lower volumes. "Under some tough conditions, we were able to deliver strong growth in earnings and returns," CEO Juan Luciano said on a conference call with analysts.

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