Key Developments: Ingredion Inc (INGR.N)
70.69USD
24 May 2013
$-1.03 (-1.44%)
$71.72
$71.67
$71.67
$70.38
81,076
129,353
$74.30
$45.30
Latest Key Developments (Source: Significant Developments)
Ingredion Inc Declares Quarterly Dividend Of $0.38 Per Share
Ingredion Inc announced that it has declared a quarterly dividend of $0.38 per share on the Company's common stock. The dividend is payable on July 25, 2013, to stockholders of record at the close of business on July 1, 2013. Full Article
Ingredion Inc Issues Q2 2013 EPS Guidance In Line With Analysts' Estimates; Reaffirms FY 2013 EPS Guidance-Conference Call
Ingredion Inc announced that for second quarter of 2013, it expects earnings to be relatively in line with last year's adjusted EPS. For fiscal 2013, it expects earnings per share (EPS) in the range of $5.60 to $6.00. The Company reported EPS of $1.33 in second quarter of 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $1.34 for second quarter of 2013 and EPS of $5.86 for fiscal 2013. Full Article
Ingredion Inc Increases Quarterly Dividend By 46% To $0.38 Per Share
Ingredion Inc announced that it declared a quarterly dividend of $0.38 per share on the Company`s common stock, a 46% increase over the previous quarterly amount of $0.26 per share. The dividend is payable on April 25, 2013, to stockholders of record at the close of business on April 1, 2013. Full Article
Ingredion Inc Issues FY 2013 Guidance; Revenue Guidance Above Analysts' Estimates-Conference Call
Ingredion Inc announced that for fiscal 2013, it expects sales to grow approximately 8% to $7 billion and diluted earnings per share (EPS) to be between $5.60 and $6.00. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $6.9 billion and EPS of $5.83 for fiscal 2013. Full Article
Ingredion Inc Declares Quarterly Dividend Of $0.26 Per Share
Ingredion Inc announced that it declared a quarterly dividend of $0.26 per share on the Company`s common stock. The dividend is payable on January 25, 2013, to stockholders of record at the close of business on December 31, 2012. Full Article
Ingredion Inc Raises FY 2012 EPS Guidance-Conference Call
Ingredion Inc raised both the reported and the adjusted earnings per share (EPS) 2012 guidance range. The Company expects fiscal 2012 reported range is $5.30 to $5.40, up from $4.87 to $5.12, or a $0.36 increase at the midpoint and adjusted range is now $5.47 to $5.57, compared to the previous range of $5.00 to $5.25. Two-thirds of the increase is a result of better business performance, and one-third from a lower tax rate. The integration restructuring costs have increased from $0.29 to $0.33, reflecting the decision to exit relatively small Chinese joint venture. Full Article
Ingredion Inc Increases Quarterly Dividend By 30% To $0.26 Per Share
Ingredion Inc announced that it declared a quarterly dividend of $0.26 per share on the Company's common stock, a 30% increase over the previous quarterly amount of $0.20 per share. The dividend is payable on October 25, 2012, to stockholders of record at the close of business on October 3, 2012. Full Article
Ingredion Inc Reaffirms FY 2012 EPS Guidance-Conference Call
Ingredion Inc announced that it continues to expect adjusted earnings per share (EPS) range at $5 to $5.25 for fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $5.15 for fiscal 2012. Full Article
Corn Products International, Inc. Reaffirms FY 2012 EPS Guidance-Conference Call
Corn Products International, Inc. announced that for fiscal 2012, adjusted EPS growth is the fact that it expects another strong year of pricing to cover the higher input costs. The guidance, updated in the first-quarter results, that the year-over-year impact of [the] valuing currencies around the world will impact the Company's number by $0.17 to $0.20 on an EPS basis. The first quarter that was $0.03 so expects that to accelerate, and that is incorporated into the guidance of the 7% to 12%, or the $5 to $5.25 over last year's $4.68. Full Article
Corn Products International, Inc. Changes Official Name Ingredion Incorporated-MarketLine
MarketLine reported that Corn Products International, Inc., has changed its official name to Ingredion Incorporated. The Company also planned a phased roll out of the new official name, starting in the US. Full Article
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