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Sonoco Products (SON +0.9%) gives an upbeat sales forecast for next year, easily exceeding...

Sonoco Products (SON +0.9%) gives an upbeat sales forecast for next year, easily exceeding analyst forecasts on higher demand and a boost from its recently completed acquisition of protective-packaging provider Tegrant Corp. The company expects sales to grow to roughly $5B in 2012, well ahead of analysts' estimates for $4.6B, while FY12 earnings are anticipated to be in the range of $2.47 - $ 2.57 per share.
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