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Hormel 4Q profit rises 50 percent, but sales slip

Tribune (San Luis Obispo, Calif.), The | 5 hours 34 minutes ago

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 profit rises more than expected

MarketWatch | 5 hours 37 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.) | 5 hours 40 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 | 5 hours 43 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 | 5 hours 47 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 | 5 hours 50 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)


Business Highlights

Yahoo! | 6 hours 26 minutes ago

Tax credit gives home sales best boost in decade... (more)


Pumpkin pie shortage expected

Green Bay Press-Gazette (Wis.) | 7 hours 45 minutes ago

PORTLAND, Ore. The holidays may not be so sweet this year.... (more)


Cost-cutting boosts Campbell, HP

Miami Herald, The | 9 hours 41 minutes ago

CAMPBELL SOUP CO.: Price-conscious grocery shoppers are being choosy about what they buy to cook at home, even from the value-oriented Campbell Soup Co.... (more)


McCormick Bad Dollars Derive From Economist Deficits Model Beating Quants

Bloomberg | 9 hours 46 minutes ago

â??It was devastating,â?? McCormick, 41, says. â??You lose all your intellectual property.â??... (more)




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