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Ingredion Inc (INGR.N)

INGR.N on New York Stock Exchange

115.84USD
26 May 2017
Change (% chg)

$-0.79 (-0.68%)
Prev Close
$116.63
Open
$116.52
Day's High
$117.07
Day's Low
$115.80
Volume
98,367
Avg. Vol
151,194
52-wk High
$140.00
52-wk Low
$113.91

Latest Key Developments (Source: Significant Developments)

Ingredion Q1 adjusted earnings per share $1.88
Wednesday, 3 May 2017 06:30am EDT 

May 3 (Reuters) - Ingredion Inc ::Reg-Ingredion incorporated reports solid first quarter 2017 results.Q1 adjusted earnings per share $1.88; q1 reported earnings per share $1.68.2017 adjusted eps is expected to be $7.50-$7.80.Q1 earnings per share view $1.77 -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $7.58 -- Thomson Reuters I/B/E/S.Q1 net sales $1.45 billion, up 7%.Q1 revenue view $1.43 billion -- Thomson Reuters I/B/E/S.Ingredion says higher core & specialty volumes, good operating efficiency, impact of acquisitions, more than offset headwinds in south america.  Full Article

SweeGen says U.S. FDA issues GRAS no objection letter for co's sweetener
Thursday, 2 Mar 2017 01:27pm EST 

SweeGen : U.S. FDA issues GRAS no objection letter for Sweegen's Bestevia(Tm) Reb-M Stevia sweetener . FDA acknowledged on Feb. 17 that it has no further questions regarding documentation so submitted related to safety of sweetener ingredient .Ingredion will distribute Bestevia(Tm) Reb-M Stevia sweetener initially in United States & Canada.  Full Article

Ingredion sees FY 2017 adjusted earnings per share $7.40 to $7.80
Thursday, 2 Feb 2017 06:35am EST 

Ingredion Inc : Ingredion incorporated reports solid fourth quarter 2016 results and record full-year earnings per share . Sees fy 2017 adjusted earnings per share $7.40 to $7.80 . Q4 adjusted earnings per share $1.42 . Q4 earnings per share view $1.63 -- Thomson Reuters I/B/E/S . Ingredion inc sees 2017 capital expenditures are anticipated to be between $300 and $325 million . Ingredion inc - q4 2016 reported eps $1.26 . Ingredion inc- in 2017, cash generated by operations is expected to be in range of $800 to $850 million . Fy2017 earnings per share view $7.54 -- Thomson Reuters I/B/E/S . Ingredion inc - q4 net sales were relatively flat, as a result of improved price/mix in north america and south america . Ingredion inc qtrly net sales $1,399 million versus $1,405 million .Q4 revenue view $1.41 billion -- Thomson Reuters I/B/E/S.  Full Article

Ingredion says Jim Gray to succeed Jack Fortnum as CFO
Thursday, 2 Feb 2017 06:30am EST 

Ingredion Inc : Ingredion cfo jack fortnum announces retirement; jim gray, currently vp corporate finance, to succeed fortnum as cfo ; . Ingredion inc - jack fortnum, cfo and executive vice president, plans to retire on june 30, 2017 .Ingredion inc - fortnum will move into a senior advisory role until his retirement.  Full Article

Ingredion to acquire TIC Gums
Tuesday, 20 Dec 2016 07:30am EST 

Ingredion Inc: Ingredion to acquire TIC Gums; expands Ingredion's customer base, specialty portfolio and texture expertise . Ingredion - expects to fund $400 million cash transaction with available cash and short-term credit . Transaction is expected to be $0.04 - $0.05 accretive to adjusted EPS in first year .Acquisition has been approved by Ingredion's board of directors and stockholders of TIC Gums.  Full Article

Ingredion signs agreement to distribute Sweegen's Stevia sweeteners
Thursday, 1 Dec 2016 08:00am EST 

Ingredion Inc : Ingredion and Sweegen Inc announce agreement for Ingredion to distribute Sweegen's Stevia sweeteners .Ingredion Inc - Ingredion will be a non-exclusive distributor in China.  Full Article

Ingredion to buy rice starch & flour business in Thailand
Wednesday, 17 Aug 2016 09:36am EDT 

Ingredion Inc: Ingredion to acquire rice starch & flour business in Thailand . Details of transaction have not been disclosed .Definitive agreement to acquire rice starch and rice flour business from Sun Flour Industry Co, Ltd. based in Banglen, Thailand.  Full Article

Ingredion Q2 adjusted earnings per share $1.58
Thursday, 28 Jul 2016 06:30am EDT 

Ingredion Inc : Raises 2016 adjusted eps guidance range to $6.70-$6.90 . In 2016, cash generated by operations is expected to be in range of $725 million to $775 million . In 2016, capital expenditures are anticipated to be $300 million . Ingredion incorporated reports strong second quarter 2016 results . Sees fy 2016 adjusted earnings per share $6.70 to $6.90 . Q2 adjusted earnings per share $1.58 .Q2 earnings per share view $1.65 -- Thomson Reuters I/B/E/S.  Full Article

Lockheed Martin elects Ilene Gordon to board of directors
Thursday, 23 Jun 2016 01:05pm EDT 

Lockheed Martin Corp: Gordon is chairman, president and chief executive officer of Ingredion Incorporated .Lockheed Martin elects Ilene Gordon to board of directors.  Full Article

Ingredion sets quarterly dividend of $0.45/share
Wednesday, 18 May 2016 12:30pm EDT 

Ingredion Inc :Sets quarterly dividend of $0.45per share.  Full Article

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BRIEF-Ingredion sees FY 2017 adjusted earnings per share $7.40 to $7.80

* Ingredion incorporated reports solid fourth quarter 2016 results and record full-year earnings per share