Corn Products International Inc. posted a better-than-expected quarterly profit for the second time in a row as it hiked prices to protect margins, and the company forecast full-year 2012 revenue above Wall Street expectations.
General Mills is reporting net income slipped 28% in the second quarter, pressured by rising costs and some charges, but revenue jumped by double digits.
Archer Daniels Midland Company reported net earnings for the quarter of $460 million, or $0.68 per share, up 33% and 26%, respectively, from the same period one year earlier.
Constellation Brands Inc.'s fiscal second-quarter earnings rose 78% as the alcoholic-beverage company's realignment continued to offset lower sales and improved margins.
