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MGP: Q1 Earnings Snapshot

ATCHISON, Kan. (AP) — ATCHISON, Kan. (AP) — MGP Ingredients Inc. (MGPI) on Wednesday reported a loss of $134.8 million in its first quarter.

The Atchison, Kansas-based company said it had a loss of $6.30 per share. Earnings, adjusted for asset impairment costs and restructuring costs, were 15 cents per share.

The producer of distillery and ingredients products used by the packaged goods industry posted revenue of $106.4 million in the period.

MGP expects full-year earnings in the range of $1.50 to $1.80 per share, with revenue in the range of $480 million to $500 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGPI at https://www.zacks.com/ap/MGPI

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
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