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BloggingStocks (Free subscription) | yesterday
Filed under: Dell (DELL) , Hewlett-Packard (HPQ) , Hormel Foods (HRL) , Comfort Zone Investing Stock markets go through many different cycles. In each one, there are one or two elements that make a successful investment. For example, interest rates are always a concern for financial institutions or companies that borrow a large amount of money. For these groups, the higher interest rates go, the lower...
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Dividend Growth Investor (Free subscription) | 27/11/2009
A body in motion tends to stay in motion unless acted on by an outside force. The following dividend payers kept the dividend momentum coming, by raising distributions to shareholders. What is particularly interesting is the fact that most of them have raised distributions consistently for more than one or two decades each. This is essentially what successful dividend growth investing is all about...
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SeekingAlpha Retail Stocks (Free subscription) | 25/11/2009
Zacks.com submits: Yesterday, Hormel Foods Corp. ( HRL ) reported heartening performance for the fourth quarter and fiscal year 2009. During the fourth quarter of 2009, the company reported EPS of 77 cents, up 54% from 50 cents per share in the same quarter of 2008. It was also above the Zacks Consensus Estimate of 52 cents per share. However, revenues decreased 10% year over year and reached $1.68...
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Business Wire (Free subscription) | 25/11/2009
AUSTIN, Minn.--(BUSINESS WIRE)--Hormel Foods Corporation (NYSE: HRL) today announced the largest annual profit sharing in company history to be distributed to employees. More than $15.9 million is being dispersed to eligible hourly and salaried employees during the Thanksgiving Eve Day tradition. The multinational marketer of consumer-branded food and meat products continues to stand out in the industry...
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WorkAtHome (Free subscription) | 24/11/2009
U.S. food makers H.J. Heinz Co and Hormel Foods Corp said they expect sales to rise in the coming months as they spend more on marketing to win the attention of recession-weary consumers who are dining at home instead of eating out.
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Daily Advance - Business (Free subscription) | 24/11/2009
MILWAUKEE — Hormel Foods said Tuesday its fourth-quarter profit rose more than 50 percent, hel...
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Stocks to Watch Today (Free subscription) | 24/11/2009
Shares of Hormel Foods (HRL) are following Heinz (HNZ) lower this morning, dipping 37 cents, 1%, to $38.53 after the company reported fiscal Q4 sales below estimates but forecast this year’s profit above expectations. Sales fell 10%, year over year, to $1.68 billion, below the $1.82 billion forecast, as growth was [...]
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Reuters (Free subscription) | 24/11/2009
CHICAGO (Reuters) - U.S. food makers H.J. Heinz Co and Hormel Foods Corp said they expect sales to rise in the coming months as consumers stick to more frugal habits such as eating meals at home instead of going out.
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Reuters (Free subscription) | 24/11/2009
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.
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San Fransisco Chronicle (Free subscription) | 24/11/2009
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. The company called the quarter's sales "disappointing" and... Consumer spending - Hormel - Business - Home - Shrubs
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Market Watch (Free subscription) | 24/11/2009
NEW YORK (MarketWatch) -- Hormel Foods Corp. , maker of Spam and Dinty Moore stew, said Tuesday that its fourth-quarter profit rose to $103.9 million, or 77 cents a share, from $67.8 million, or 50 cents, a year earlier. Sales in the quarter ended Oct. 25 fell to $1.68 billion from $1.86 billion. The company sees fiscal 2010 profit of $2.63 to $2.73 a share. Analysts, on average, estimated profit...
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Market Watch (Free subscription) | 24/11/2009
NEW YORK (MarketWatch) -- Hormel Foods Corp. said Tuesday that its board has raised the company's annual dividend to 84 cents a share from 76 cents a share. The Austin, Minn.-based food producer said that a quarterly dividend of 21 cents a share will be paid Feb. 15 to shareholders of record as of Jan. 23. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit...
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StreetInsider.com News Articles (Free subscription) | 23/11/2009
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before Market Opens: Economics: 8:30am EST GDP Preliminary - Street sees 2.9% GDP Deflator Preliminary - Street sees 0.8% 9:00am EST Case Shiller 20 City Index - Street sees (9.05%) Consumer Confidence - 47.5 Earnings: Allied Healthcare (NASDAQ: AHCI) – consensus EPS $0.06 American Eagle Outfitters...
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MarketIntelligenceCenter.com (Free subscription) | 23/11/2009
Hormel Foods (NYSE: HRL) closed yesterday at $38.29. So far the stock has hit a 52-week low of $24.81 and 52-week high of $39.04. Hormel Foods stock has been showing support around 37.96 and resistance in the 38.88 range. Technical indicators for the stock are Bullish and S&P gives HRL a neutral 3 STAR (out of 5) hold rating. HRL appears on the Investors Observer Volume Leaders list. For a hedged...
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