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Stock Market & Financial Investment News

News Breaks
May 14, 2014
09:48 EDTHSH, PFPinnacle Foods sees Hillshire deal completed by September
Says will not comment on pending transaction with Hillshire Brands (HSH). Expects productivity to outpace inflation for the year. Says faced industry growth challenges in Q1 driven by the late Easter and unusually tough weather. Expects specialty sales to remain under pressure, but sees specialty EBIT up for the full year. Sees inflation higher in 1H, productivity greater in 2H. Sees FY CapEx $120M-$130M. Comments made on the Q1 earnings conference call.
News For PF;HSH From The Last 14 Days
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July 30, 2015
07:12 EDTPFPinnacle Foods raises FY15 adjusted EPS to $1.89-$1.91 from $1.86-$1.91
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07:11 EDTPFPinnacle Foods reports Q2 North America sales up 2% to $546.9M
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07:10 EDTPFPinnacle Foods reports Q2 EPS excl-items 36c, consensus 35c
Reports Q2 revenue $631.7M, consensus $628.17M. This growth reflected a 2.5% benefit from Gardein and higher net price realization of 1.3%, partially offset by lower volume/mix of 1.2%, driven by Easter timing, and unfavorable foreign currency translation of 0.3%.

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