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Ingredion Inc (INGR.N)

INGR.N on New York Stock Exchange

127.05USD
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Latest Key Developments (Source: Significant Developments)

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

Ingredion Incorporated Declares Quarterly Dividend Of $0.45 Per Share
Wednesday, 16 Mar 2016 02:04pm EDT 

Ingredion Incorporated:declared a quarterly dividend of $0.45 per share on the Company's common stock.The dividend is payable on April 25, 2016, to stockholders of record at the close of business on March 31, 2016.  Full Article

Ingredion Inc to acquire Shandong Huanong Specialty Corn Development Co., Ltd. in China
Thursday, 4 Feb 2016 10:35am EST 

Ingredion Inc:Ingredion to acquire Shandong huanong specialty corn development co., ltd. in China.Says details of the transaction have not been disclosed.Agreement with pingyuan county juyuan state-owned asset management to acquire state-owned Shandong huanong specialty corn development.  Full Article

Ingredion Inc declares quarterly dividend of $0.45 per share
Thursday, 17 Sep 2015 12:47pm EDT 

Ingredion Inc:Declared a quarterly dividend of $0.45 per share on the Company's common stock.Dividend, up from $0.42 per share last quarter, is payable on October 26.Record date as on September 30.  Full Article

Ingredion Inc to consolidate manufacturing facilities in Brazil
Tuesday, 8 Sep 2015 08:05am EDT 

Ingredion Inc:Plans to consolidate its manufacturing network in Brazil.Plants in Trombudo Central and Conchal will be closed and production will be moved to plants in Balsa Nova and Mogi Guaçu, respectively.Consolidation will begin early in 2016 and should be complete by the end of the year. It is expected to result in annual cost savings of $6 - 8 million beginning in 2017.Total pre-tax restructuring-related charges of $13 - 16 million are anticipated in the third quarter of 2015.In addition to Balsa Nova and Mogi Guaçu, Ingredion will continue to operate facilities in Cabo de Santo Agostinho and São Gonçalo, Brazil.  Full Article

BRIEF-Ingredion Inc reports Q3 adjusted eps $5.29

* Fy2016 earnings per share view $6.82 -- Thomson Reuters I/B/E/S