SOURCE: Industrial Info Resources

Industrial Info Resources

February 03, 2010 05:40 ET

ADM, Corn Products Report Mixed Quarterly Results, See Opportunities in 2010, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 3, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Agricultural products companies Archer Daniels Midland Company (NYSE:ADM) (ADM) (Decatur, Illinois) and Corn Products International (NYSE:CPO) (Westchester, Illinois) recently reported quarterly earnings with mixed results, but with the outlook for 2010 improving. ADM reported its second quarter and Corn Products reported its fourth quarter, both ended December 31, 2009. While ADM had narrow losses in net income and sales for the quarter, Corn Products had substantial increases in the same areas. However, Corn Products saw a slight decline in sales and a sharp decline in net income for full-year 2009.

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