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Actionable news in HRL: HORMEL FOODS CORPORATION,

Hormel Foods Stock Climbs on Full-Year Guidance

Hormel Foods (HRL) on Tuesday issued an upbeat outlook for fiscal 2017 and said its fourth-quarter profit rose 22%, boosted by its refrigerated foods segment and Jennie-O Turkey Store brand. The stock was up 3.32% to $36.10 in mid-morning trading today.

The Austin, MN-based owner of Skippy peanut butter and Spam canned meat products sees full-year earnings per share between $1.68 and $1.74. Analysts surveyed by FactSet are projecting earnings of $1.68 per share for fiscal 2017.

"In fiscal 2017...


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