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Hormel Foods Shares End Day in the Red

FBN’s Nicole Petallides breaks down the day in the markets.

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  1. Starbucks Introduces Reusable Cups

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  2. Hormel buys Unilever's Skippy peanut butter for $700 million

    Hormel Foods Corp agreed to buy Skippy, the iconic U.S. peanut butter brand, from Unilever Plc for $700 million, adding the well-known kids lunch staple to a portfol...

  3. Hormel to Buy Skippy Peanut Butter From Unilever for $700 Million

    Hormel Foods Corp. (HRL) agreed to buy Unilever's (UN, ULVR.LN) Skippy peanut butter business for about $700 million in cash, a play to strengthen its position in a ...

  4. Hormel to buy Unilever's Skippy peanut butter

    Hormel Foods Corp , the maker of Spam canned ham, said it will acquire the Skippy peanut butter business from Unilever Plc for about $700 million to expand its non-m...

  5. Hormel Scoops Up Skippy Peanut Butter for $700M

    Adding to its stable of meat brands, Hormel Foods (NYSE:HML) sealed a $700 million deal on Thursday to snag Skippy peanut butter from Dutch consumer goods giant Unil...

  6. Challenger: Dec. Job Cuts Fall to 32,556

    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  7. Hormel to Buy Skippy Peanut Butter for $700 Million

    Hormel Foods Corp. (HRL) agreed to acquire the Skippy peanut butter business from Unilever (UN, ULVR.LN) for about $700 million as the meat and packaged-food produce...

  8. Hormel Buying Skippy Peanut Butter For $700 Mln

    Hormel Foods Inc. said Thursday it'll pay $700 million to buy Skippy peanut butter from Unilever United States Inc., a unit of Unilever PLC . "The brand, first intro...

  9. Hormel Foods Net Income Up 13%

    Hormel Foods Corp.'s (HRL) fiscal fourth-quarter earnings rose 13% as stronger Jennie-O Turkey Store and grocery-product sales helped to offset weakness in its refri...

  10. Is Hormel a Turkey, a Pig or Just a Great Company?

    Should conservative investors consider Hormel? Does your family eat turkey at Thanksgiving and perhaps ham on Christmas? If so, there is a reasonable chance that you...

  11. Spam Leads Hormel Foods' 3Q Higher

    Hormel Foods (NYSE:HRL) reported stronger third-quarter earnings and sales in line with Wall Street expectations on Thursday, led by sales of Spam.The Austin, Minn.-...

  12. Hormel Holds Outlook Steady Despite Cost Hikes

    Hormel Foods Corp stood by its full-year earnings outlook on Thursday despite pressure from higher grain costs.The company also reported a higher quarterly profit th...

  1. Market Wrap for Tuesday, June 18: Stocks Rally Ahead of Fed Statement

    Risk appetite was brisk on Wall Street on Tuesday as investors purchased stocks ahead of Wednesday's FOMC statement. The Fed is expected to provide clarity on when i...

  2. Hormel Foods Softens Full-Year Outlook

    Hormel Foods (NYSE:HRL) narrowed its fiscal 2013 earnings expectations on Tuesday citing weak results in its pork operations and stifling expenses stemming from last...

  3. China's Shuanghui Buys Smithfield Foods

    Smithfield Foods (NYSE:SFD) has agreed to be purchased by privately-held Hong Kong meat processor Shuanghui International for $4.8 billion in a move that expands its...

  4. Hormel Foods Profit Falls Short as Costs Pinch

    Hormel Foods Corp, the maker of Spam canned ham, reported a quarterly profit that missed Wall Street expectations due to expenses related to its Skippy acquisition a...

  5. Hormel Net Down 1.9% on Higher Expenses

    Hormel Foods Corp.'s (HRL) fiscal second-quarter earnings fell 1.9% as the packaged-foods producer saw increased costs mask higher revenue.Hormel, whose food brands ...

  6. Hormel Foods Matches EPS Estimates

    Earnings HQ: FBN’s Diane Macedo breaks down HRL’s first-quarter earnings report.

  7. Moody's Lifts Outlook on Hormel , Noting Skippy Deal

    Moody's Investors Service raised its outlook on Hormel Foods Corp. (HRL) after the owner of Spam canned meat and Dinty Moore canned stew said it will buy Unilever PL...

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