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Check Out Line: Food makers surprise Wall St on the upside

Started by calm_girl, December 17, 2008, 04:01:40 PM

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calm_girl

Check Out Line: Food makers surprise Wall St on the upside
      


Check out those higher prices at the grocery store helping General Mills and ConAgra to post quarterly results above Wall Street expectations.
Both food makers reported lower profits on a net basis.
But excluding various items, their earnings were stronger than analysts were expecting.
General Mills, the maker of Progresso soup and Cheerios cereal, has benefited along with [...]
         

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