United States

Andersons Inc (ANDE.O)

ANDE.O on Nasdaq

13 Jan 2017
Change (% chg)

$-1.00 (-2.53%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

The Andersons reports Q2 earnings per share $0.51
Wednesday, 3 Aug 2016 04:05pm EDT 

Andersons Inc : The Andersons, Inc. Reports second quarter results . Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.51 . Says revenues of $1.1 billion for q2 of 2016 compared to revenues of $1.2 billion .First half of year was challenging, in line with expectations, due to poor crop last fall in eastern corn belt.  Full Article

Andersons says board to evaluate HC2 letter and latest proposal
Friday, 3 Jun 2016 04:15pm EDT 

Andersons Inc : in a letter to HC2 - board to consider letter and latest proposal and evaluate whether it is in best interests of company .The Andersons sends letter to HC2.  Full Article

HC2 raises proposal for Andersons' rail, grain and ethanol businesses to $1.15 bln
Thursday, 2 Jun 2016 05:43pm EDT 

Hc2 Holdings Inc : Hc2 submits second letter to The Andersons, Inc. Regarding potential acquisition . Raises alternative proposal to $1.15 billion for rail, grain and ethanol businesses . Hc2 Holdings Inc says reiterating both its offer to acquire Andersons for $37 per share in cash or a total purchase price of $1.043 billion ."we strongly urge company's management and board of directors to engage with us and undertake an exploration of strategic alternatives".  Full Article

Andersons Inc rejects unsolicited proposal from HC2
Wednesday, 18 May 2016 08:19am EDT 

Andersons Inc : The Andersons rejects unsolicited proposal from HC2 . Rejected two non-binding, highly conditional, unsolicited proposals from HC2 Holdings, Inc. . "HC2's claim that Andersons did not substantively respond to its $37 per share offer" is false . Deutsche Bank is acting as financial advisor and Kirkland & Ellis is acting as legal advisor to Andersons. . "believe HC2's proposals ignore our value and prospects as a standalone entity" ."HC2's letter dated May 17, 2016 contained numerous inaccuracies and misleading statements".  Full Article

HC2 Holdings submits letter to Andersons Inc regarding potential acquisition
Tuesday, 17 May 2016 05:58pm EDT 

HC2 Holdings Inc : HC2 submits letter to the Andersons Inc. regarding potential acquisition . Letter states "continued desire" to acquire Andersons for $37 per share in cash . Letter states "continued desire" to acquire Andersons for total purchase price of $1.043 billion, plus assumption of $402 million in debt .HC2 submits letter to the Andersons Inc. Regarding potential acquisition.  Full Article

The Andersons Inc increases Dividend for First Quarter 2016
Wednesday, 4 Nov 2015 04:01pm EST 

The Andersons Inc:Increased Q1 from 14 cents to 15 1/2 cents per share.Next planned dividend to be paid on January 25, 2016 to holders of record as of January 4, 2016.  Full Article

The Andersons Inc announces management change
Wednesday, 9 Sep 2015 09:00am EDT 

The Andersons Inc:Announced that its Board of Directors has appointed Pat Bowe, formerly Corporate Vice President of Cargill, Inc., to succeed Mike Anderson as President and Chief Executive Officer, effective Nov. 2, 2015.Anderson will remain as the Company's Chairman of the Board.  Full Article

The Andersons Inc declares cash dividend
Friday, 28 Aug 2015 10:50am EDT 

The Andersons Inc:Declares cash dividend of 14 cents.Payable Oct. 22, to shareholders of record on Oct. 1.  Full Article

Andersons Inc entered into an agreement to purchase Kay Flo Industries, Inc - Form 8K
Monday, 18 May 2015 04:31pm EDT 

Andersons Inc:Entered into an agreement to purchase Kay Flo Industries, Inc., and certain subsidiaries - Form 8K.Says acquired 100% of the outstanding shares of Kay Flo Industries, Inc which included all subsidiaries except the animal nutrient business.The purchase price $125.6 mln.  Full Article

The Andersons, Inc announces cash dividend for third quarter
Friday, 8 May 2015 02:45pm EDT 

The Andersons, Inc:Declared third quarter 2015 cash dividend of 14 cents ($0.14) per share payable July 22, to shareholders of record on July 1.  Full Article

U.S. grain handler Andersons to exit retail business

Jan 15 Loss-making U.S. grain handler Andersons Inc said on Sunday it plans to exit the retail business, affecting over a thousand employees, at a time when the U.S. farm sector is facing a downturn due to a sharp decline in grain prices.