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Corn Products International Inc. posted a higher-than-expected quarterly profit, helped by strong volume growth, and raised its 2010 profit outlook.
The company expects a full-year profit of $2.55 to $2.75 per share, compared with its earlier estimate of $2.25 to $2.60 a share. Get the full story »
From the San Francisco Chronicle | BMO Capital Markets said that Bunge Ltd., the world’s second-largest sugar trader, is less likely to revive a bid for Corn Products International Inc. after announcing a plan to buy back as much as $700 million of stock.
Get the full story: sfgate.com.
