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Stock Market & Financial Investment News

News Breaks
November 26, 2013
09:23 EDTHRLHormel Foods says 2014 headwinds include high beef input, volatile hog costs
The company also cites concerns in the PED virus, although the effect on the industry remains to be seen. The company sees hog harvest levels flat to a year ago. Hormel Foods sees more favorable turkey, grain prices in 2013. Sees FY14 SG&A expenses 7.3-%=7.6% of total sales. Sees FY14 CapEx $140M. Comments taken from Q4 earnings conference call.
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April 9, 2014
12:07 EDTHRLU.S. red meat, poultry production forecast lowered
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