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Gold/Mining/Energy : Archer Daniels Midland
ADM 56.97+0.4%Nov 7 9:30 AM EST

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To: gladman who wrote (42)8/2/2006 2:29:51 PM
From: Loren1  Read Replies (1) of 84
 
Ethanol,oil seeds lift ADM profit.
The agricultural products maker ADM more than doubled Q4 earnings to 62c a share, beating views by a dime. Operating profit from its corn processing unit surged 69% from higher prices and sales volumes of ethanol and corn-based sweeteners.
Oil seed processing operating profit jumped 61%. Revenue edged up 1% to $9.55 bil, slightly below views.
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