Tag Archives: The Andersons

Corncob Fire At The Andersons (ANDE) Facility Brought Under Control

Firefighters in Delphi, Indiana were able to bring a fire at the Anderson’s facility under control after a week of work. An enormous pile of corncobs caught fire last week, requiring 46 fire departments from 13 counties to contain the blaze. The firefighters at the scene were released on January 4th, once the fire had been brought down to an "under watch, controlled burn."

How will this incident affect the already-struggling ethanol company? According … Read the rest

The Andersons, Inc (ANDE) Cuts Guidance For 2008

The Andersons, Inc, just announced that it expects its earnings for 2008 to be a good deal lower than previously expected. The company had originally forecast earnings in the range of $3.50 to $4.00 per diluted share. Now, they are expected to be in the range of $2.00 to $2.80 per diluted share.

Here are some further comments from the company:

The current guidance adjustment is the result of continued volatility in the plant nutrient

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