CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Co. (ADM) reported on Feb. 3 that earnings for the quarter ended Dec. 31, 2014, were up 87.4% thanks to a record-large U.S. harvest that boosted grain volumes and supported strong exports.
ADM reported net earnings of $701 million, or $1.08 per share, up from $374 million, or 56¢ a share, a year earlier. For the calendar year, adjusted earnings per share of $3.20 were up 37% versus the prior year.
Excluding special items such ...
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