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Hormel 4Q profit rises 50 percent, but sales slip

Miami Herald, The | 57 minutes ago

AUSTIN, Minn. -- Hormel Foods says its fourth-quarter profit rose more than 50 percent, helped by lower ingredient costs even as sales slipped on lower meat prices and a continuing pullback in consumer spending.... (more)


Bi-Lo spurns Food Lion

Charlotte Observer (N.C.), The | 59 minutes ago

Grocer refuses offer; two plans filed Friday could pull chain from bankruptcy in 2010.... (more)


Metro: German Real Unit To Reach Goals 1 Yr Later Than Planned

Wall Street Journal, The | 1 hour ago

FRANKFURT (Dow Jones)--German retailer Metro AG (MEO.XE) said Tuesday that its German discount unit Real will reach its goals one year later than planned.... (more)


Hormel profit rises more than expected

MarketWatch | 1 hour 3 minutes ago

Hormel Foods Corp. /quotes/comstock/13!hrl/quotes/nls/hrl (HRL 38... (more)


Hormel 4Q profit rises 50 percent, but sales slip as cash-strapped consumers limit spending

Star Tribune (Minneapolis-St. Paul, Minn.) | 1 hour 6 minutes ago

AUSTIN, Minn. - Hormel Foods says its fourth-quarter profit rose more than 50 percent, helped by lower ingredient costs even as sales slipped on lower meat prices and a continuing pullback in consumer spending.... (more)


Hormel 4th-Qtr Profit Jumps Despite Sales Decline

ABC News | 1 hour 9 minutes ago

CHICAGO (Reuters) - Hormel Foods Corp posted a 53 percent jump in quarterly profit, aided by lower hog prices and stronger sales of its namesake chili, and said earnings should rise in the current fiscal year.... (more)


Kraft Scheduled to Discuss Cadbury With Unite, U.K.'s Biggest Union Says

Bloomberg | 1 hour 13 minutes ago

The union, Britain's biggest, is seeking guarantees on pensions, jobs and working conditions should Kraft acquire the maker of Dairy Milk chocolate, Unite spokeswoman Pauline Doyle said today by telephone. Tomorrow's meeting will be â??our first proper discussionâ?? with the U.S. food producer, she said.... (more)


Wire Business News

Sacramento Bee (Calif.), The | 1 hour 16 minutes ago

AUSTIN, Minn. -- Hormel Foods says its fourth-quarter profit rose more than 50 percent, helped by lower ingredient costs even as sales slipped on lower meat prices and a continuing pullback in consumer spending.... (more)




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