US: Hormel Q4 earnings drop but 2012 forecast cheers investors

By: Dean Best | 22 November 2011

Shares in Hormel Foods climbed today (22 November) after the US food maker's lower quarterly profits beat analyst expectations - and its forecast for 2012 earnings was above Wall Street targets.

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Shares in Hormel Foods climbed today (22 November) after the US food maker's lower quarterly profits beat analyst expectations - and its forecast for 2012 earnings was above Wall Street targets.

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