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J.M. Smucker (SJM -0.2%) opens lower after FQ2 results came in mixed. The food products company...

J.M. Smucker (SJM -0.2%) opens lower after FQ2 results came in mixed. The food products company beat earnings estimates on a profit that narrowed from last year due to higher costs for ingredients. The firm guides FY12 EPS to a range of $4.90-$5.00, below the consensus estimate of analysts of $5.11.
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