Archer Daniels 2Q Profit Rises On Improved Demand
February 01, 2011 at 12:53 PM EST
Archer Daniels Midland Co.'s (ADM) fiscal second-quarter earnings rose 29% as it took advantage of surging export demand for grains and favorable ethanol margins, pushing the company's stock to a high not seen in more than 2 1/2 years Tuesday.