Ingredion, Inc.(INGR)- NYSE
  • Oct. 15, 2014, 3:38 PM
    • Ingredion Incorporated (INGR -0.1%) has agreed to pay $19 per share in cash for Penford (PENX +70.4%), for a total deal value of about $340M.
    • SEACOR Holdings - an owner of about 9.34% of Penford - has signaled its support of the deal, which could close by year-end
    | Oct. 15, 2014, 3:38 PM
  • Aug. 26, 2013, 11:29 AM
    • Archer Daniels Midland (ADM -2.9%) slumps after concerns over the corn and wheat crops push futures higher for the commodities.
    • Also trading weaker on the crop news is Bunge (BG -1%) and Ingredion (INGR -1.1%).
    | Aug. 26, 2013, 11:29 AM
  • Jul. 15, 2013, 12:45 PM
    Midday top 10 gainers: LEAP +114%. IQNT +32%. FFEX +22%. TAYC +21%. LDK +19%. ADGE +17%. STP +17%. JKS +16%. AMCC +15%. GFED +14%.
    Midday top 10 Losers: BMJ -13%. INGR -10%. ARTW -9%. AEHR -9%. MDXG -8%. NCTY -8%. FHCO -7%. VSEC -7%. CRMB -7%. IMMY -7%.
    | Jul. 15, 2013, 12:45 PM
  • Jul. 15, 2013, 11:19 AM

    Ingredion (INGR -9.7%) warns on its Q2 today, saying that a slide in profits from two of South America's largest economies that began in June would likely continue through the rest of the year as company finds it tough to pass on cost increases to consumers. Profits are now expected to come in around 14% below prior projections, and Q2 EPS is projected to be $1.15 - $1.20, compared to $1.33 in the same quarter in 2012. For FY13, the company expects an EPS of $5.10 - $5.40, below the Street's consensus of $5.86.

    | Jul. 15, 2013, 11:19 AM
  • Mar. 19, 2013, 5:44 PM
    After-hours top gainers, as of 5:15 p.m.: EAC +13%. ADBE +6%. FRAN +6%. WSM +5%. GTI +5%.
    After-hours top losers: RLJ -3%. CTAS -3%. TDW -2%. GTN -2%. INGR -2%.
    | Mar. 19, 2013, 5:44 PM
  • Jul. 28, 2011, 3:49 PM

    Corn Products International (CPO -8.6%) gets sheared after Q2 profits fall short of forecasts, as rising corn prices gnaw at margin growth. The maker of sweeteners and corn starch lowers guidance for Q3, saying H2 will continue to be affected by rising costs.

    | Jul. 28, 2011, 3:49 PM
  • Jun. 7, 2011, 8:20 AM

    Corn Products (CPO) gets bumped up to Buy from Hold at Deutsche Bank, which believes the company has successfully transitioned to a "more diversified, ingredients-based model" which will enable "more company-driven growth (not solely based on macro trends) over time, enhancing valuation." Shares +2.7%.

    | Jun. 7, 2011, 8:20 AM
Company Description
Ingredion, Inc. engages in the production and sale of starches and sweeteners. The company provides corn, tapioca, potatoes and other vegetables and fruits into value-added ingredients and biomaterials for the food, beverage, paper and corrugating, brewing and other industries. It operates... More
Industry: Processed & Packaged Goods
Country: United States