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Corn Products International (CPO) NewsBite - CPO Rises on Higher Corn Futures

Oct 06, 2009 (Fresh Brewed Media via COMTEX) --

Company: Corn Products International, Inc. (CPO)

Corn Products International (NYSE: CPO) opened at $27.51. So far today, the stock has hit a low of $27.18 and a high of $27.79. CPO is now trading at $27.50, up $0.32 (1.18%). Over the last 52 weeks the stock has ranged from a low of $17.51 to a high of $32.37. Shares of CPO are rising today, helped by higher corn futures. Technical indicators for the stock are neutral and S&P gives CPO a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on CPO the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 22.50 range.

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News Provided by COMTEX

Company: Corn Products International, Inc. (CPO)


Related terms: corn, futures, nyse, products, S&P

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