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Thursday, 17 February 2011
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Corn Products 4Q Drops 7.6% On Acquisition Costs; Revenue Up
Corn Products International Inc.'s (CPO) fourth-quarter profit slipped 7.6% on acquisition charges, while the company's adjusted earnings jumped sharply on higher volumes, lower input costs and triple-digit growth in the company's Asia-Africa segment. The results easily surpassed analysts' expectations for the quarter. Corn Products, which supplies sweeteners and starches to food processors and
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