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Corporate Summary

•    Shares of Archer Daniels Midland Company (NYSE:ADM) declined 3% on Friday after Australia rejected the company’s $2.55 billion bid for GrainCorp.

•    General Motors Company (NYSE:GM) said on Friday that Matt Tsien will replace existing General Motors China President Bob Socia from January 1st 2014

•    ArcelorMittal (ADR) (NYSE:MT) and Nippon Steel & Sumitomo Metal Corp have decided to purchase ThyssenKrupp steel plant in U.S for $1.55 billion.

•    Renren Inc (NYSE:RENN) reported third quarter loss per share of $0.07, narrower than the Zacks Consensus Estimate of a loss of $0.09 a share

 

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