Thursday, 5 May 2011
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Corn Products International Reports Net Income Increase Of 246%
Corn Products International Inc. (CP), a leading global provider of sweeteners, starch products and animal feeds, reported on Monday a first quarter net income increase of 246% to $155.5 million from $44.9 million in 2010. Excluding a $58 million tax-free payment the company received from the government of Mexico to settle a trade dispute, the net income figure would have been $97.5 million.
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