Company News for January 4, 2013 - Corporate Summary
January 04 2013 - 4:06AM
Zacks
• Shares of Hormel Foods Corporation
(NYSE:HRL) jumped 3.7% after it concluded an agreement as per which
it will purchase Unilever United States Inc.’s Skippy peanut-butter
business for approximately $700 million
• Ross Stores, Inc. (NASDAQ:ROST) surged 8% after
the discount retailer raised its earnings forecasts for the fourth
quarter ending February 2, 2013
• Shares of Family Dollar Stores, Inc. (NYSE:FDO)
plunged 13% after it lowered its earnings forecasts for the full
year. Additionally, the company posted first quarter earnings per
share of $0.69, missing the Zacks Consensus Estimate of $0.74
• Limited Brands, Inc. (NYSE:LTD) lost 5.7% after
the retailer’s same stores sales growth for December came in below
expectations
FAMILY DOLLAR (FDO): Free Stock Analysis Report
HORMEL FOODS CP (HRL): Free Stock Analysis Report
LIMITED BRANDS (LTD): Free Stock Analysis Report
ROSS STORES (ROST): Free Stock Analysis Report
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