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Heinz (HNZ)

H.J. Heinz Co said Tuesday that it posted a lower fiscal second quarter profit, with the company saying it earned $231.4 million, or 73 cents a share, down from $276.7 million, or 87 cents per share, a year earlier. The previous year's results included a big gain from currency hedging. Sales rose 2.5 percent to $2.67 billion
The company said results were hampered by sales falls in North America and Europe, but said it is optimistic about sales momentum heading into the second half of its fiscal year.

Nov 24 · 12:17:00 PM · Source: Company News Release
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by Larry Etter

Tyson Foods (TSN)

Tyson Foods, the world's largest meat producer, Monday reported a net loss of $455 million, or $1.22 a share, for the fiscal fourth quarter ended on Oct. 3, compared with a year-earlier profit of $48 million, or 13 cents a share. Revenue edged up to $7.21 billion from $7.20 billion.
Profits and revenues did beat analyst estimates.

Nov 23 · 2:29:00 PM · Source: Company News
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by Larry Etter

Campbell's Soup (CPB)

Campbell Soup said Monday it earned $304 million, or 87 cents a share, in the fiscal first quarter that ended November 1, up from $260 million, or 70 cents a share, a year earlier. Sales fell 2.1 percent to $2.2 billion from a year ago.
Analysts had projected 81 cents per share and company's CEO said U.S. soup sales were improving and had risen 10 percent in October

Nov 23 · 2:22:00 PM · Source: Company News
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by Larry Etter

J.M. Smucker (SJM)

J.M. Smucker said Friday it had fiscal second quarter profit of $140 million, or $1.18 a share, compared with a profit of $51.5 million, or 94 cents a share, from a year ago. Revenue rose to $1.28 billion.
The results easily topped Street estimates.

Nov 20 · 1:10:00 PM · Source: Company News Release
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by Larry Etter

Lorillard (LO)

The Wall Street Journal is reporting that the board of cigarette maker Lorillard Inc. said Thursday it has begun looking for a successor to Chief Executive Martin L. Orlowsky, whose contract expires next year.
Lorillard makes Newport menthol cigarettes. Newport accounts for more than 85% of Lorillard's cigarette volume and represents about 35% of the menthol cigarette category in the U.S. Lorillard is the third-largest U.S. cigarette maker by sales.

Nov 19 · 11:00:00 AM · Source: Wall Street Journal
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by Rich Pike

Pepsico (PEP)

The Board of Directors of PepsiCo, Inc. (NYSE: PEP) today declared a quarterly dividend of $0.45 per share on PepsiCo common stock. The dividend is payable January 4, 2010, to shareholders of record on December 4, 2009. This quarterly dividend is a 6 percent increase versus the comparable year-earlier period.

Nov 13 · 11:42:00 AM · Source: Company News
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by Larry Etter

Walmart (WMT)

Walmart, the world’s largest retailer, said Thursday its third-quarter profit rose 3.2 percent to $3.24 billion, or 84 cents a share, from $3.14 billion, or 80 cents, a year earlier. Net sales increased 1.1% to $98.67 billion and would have risen 3.8% excluding currency changes.
Profits, which topped estimates,were helped by inventory management, and the company forecast sales for the fourth quarter would be little changed. Q3 sales were below analyst expectations.

Nov 12 · 9:36:00 AM · Source: Company News
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by Larry Etter

Avon Products (AVP)

Avon Products, Inc. announced that it has declared a regular quarterly dividend on its common stock of $0.21 per share, payable on December 1, 2009, to shareholders of record November 20, 2009.

Nov 9 · 4:10:00 PM · Source: Reuters
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by Michael Oliveto

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