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Hormel Foods Corporation (HRL)

- NYSE
  • Jul. 9, 2012, 3:24 PM
    An outbreak of a bird flu in Mexico appears to be worse than expected with over 2.5M chickens now affected and another 1M birds already destroyed. Though the effect on U.S. companies (if any) is still getting debated, shares of chicken sellers are trading lower with a downgrade on sector names from BMO Capital Markets also affecting sentiment. Decliners: SFD -4.5%, HRL -1.8%, TSN -2.5%, PPC -8.3%, SAFM -2.2%.
    | 4 Comments
  • Jun. 25, 2012, 12:37 PM
    Hillshire Brands (SLE -1.5%) could be a takeover target after it spins off its European coffee and tea brands and emerges as a pure play meats company later this week, according to analysts with Bernstein Research. Potential acquirers include TSN, SFD, HRL, as well as a pair of Brazilian food companies - JBS and BRF Brasil (BRFS).
    | 1 Comment
  • May. 23, 2012, 12:40 PM
    Hormel Foods (HRL +2.4%) moves higher on a mixed Q2, beating on its EPS but missing on revenue. Net earnings rose 17% as strong demand for turkey burgers and Spam helped offset lower sales of refrigerated foods and pork products. While operating profit increased in four of five units, volumes were down in its grocery products and refrigerated foods divisions - a sign brand-name food makers continue to struggle after raising prices throughout 2011.
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  • May. 23, 2012, 6:45 AM
    Hormel Foods (HRL): FQ2 EPS of $0.48 beats by $0.07. Revenue of $2.01B (+2.8% Y/Y) in-line. (PR)
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  • May. 23, 2012, 12:05 AM
    Notable earnings before Wednesday’s open: AEO, AINV, BIG, BMO, EV, HRL, TOL
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  • May. 22, 2012, 5:30 PM
    Notable earnings before Wednesday’s open: AEO, AINV, BIG, BMO, EV, HRL, TOL
    | 2 Comments
  • May. 7, 2012, 9:44 AM
    Tyson Foods (TSN) runs 3.7% higher after beating the consensus estimate of analysts with its FQ2 report - powered by higher chicken and beef prices. On an earnings CC, execs say they believe the worst is over for the food service industry as they paint a rosy picture for the sector. HRL, SFD, PPC, SAFM.
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  • May. 1, 2012, 7:20 AM
    The pig herd is set to expand to 117.1M this year - the highest level in at least 50 years - estimates the USDA, while Chinese production is forecast at more than a 25-year high. The result could be an end to a big rally in hog prices and continued gains for consumers like Sara Lee (SLE).
    | 1 Comment
  • Feb. 23, 2012, 6:59 AM
    Hormel Foods (HRL): FQ1 EPS of $0.48 in-line. Revenue of $2.04B (+6.1% Y/Y) in-line. (PR)
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  • Feb. 23, 2012, 12:05 AM
    Notable earnings before Thursday's open: AEE, AMT, ANSS, BBG, BRY, CMS, DISH, DNR, FWLT, GTI, HRL, IDCC, IMAX, IRM, IVR, KSS, LINE, LKQX, LXP, NGLS, NIHD, OCR, PCS, PDCO, PEG, PXP, SATS, SHLD, SUG, SWY, SXCI, TFX, TGT, THI, TS, TTC
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  • Feb. 22, 2012, 5:30 PM
    Notable earnings before Thursday's open: AEE, AMT, ANSS, BBG, BRY, CMS, DISH, DNR, FWLT, GTI, HRL, IDCC, IMAX, IRM, IVR, KSS, LINE, LKQX, LXP, NGLS, NIHD, OCR, PCS, PDCO, PEG, PXP, SATS, SHLD, SUG, SWY, SXCI, TFX, TGT, THI, TS, TTC
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  • Jan. 13, 2012, 10:18 AM
    Wall Street analysts hate these 10 stocks most of all, each with more than 35% of analysts rating them Sell - no small feat when a mere 4% of the 10,500-plus ratings on S&P 500 stocks heading into 2012 had Sell ratings: SHLD, WPO, LXK, FII, HRL, AN, NFLX, AIV, LLY, SWY. (earlier)
    | 1 Comment
  • Jan. 8, 2012, 8:17 PM
    Josh Brown hooks us up with an interesting spreadsheet created by a messageboard contributor. The project will track the performance of the 10 most-loved and most-hated stocks of Wall Street's analyst community. Very early in 2012, the most-hated stocks have the edge in total return, led by Netflix's (NFLX) near 23% gain.
    | 6 Comments
  • Dec. 2, 2011, 3:47 PM
    S&P adjusts methodology for its High-Yield Dividend Aristocrats Index to include companies issuing special cash dividends in the last 25 years. The methodology change precedes the index's annual rebalancing, set for Dec. 7 AH. Among companies added to the index, big gainers: ORI +12.5%, BRC +5.6%. Among deletions: ATO -4.6%, HRL -2.9%, UGI -3.2%, UVV -8.3%.
    | 1 Comment
  • Nov. 22, 2011, 9:45 AM
    Shares of Hormel Foods (HRL) tack on a 1.4% gain after the firm beat the consensus EPS estimate of analysts by a penny on revenue of $2.1B (+2% Y/Y). The company expects 2012 EPS to fall in a range of $1.79-$1.89.
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  • Aug. 25, 2011, 11:39 AM
    Hormel Foods (HRL -6.4%) FQ3 was better than estimates, but the company issues a cautious forecast for the current quarter, saying demand is weak from restaurants and food service operators due to growing economic concerns and higher gasoline costs.
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Company Description
Hormel Foods Corp is engaged in the production of meat and food products and the marketing of those products throughout the United States and internationally.
Industry: Meat Products
Country: United States