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Hormel Foods HRL

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    1. UPDATE 1- Hormel Foods to buy organic meat company Applegate

      Headlines

      Tue, 26 May 2015

      May 26 (Reuters) - Hormel Foods Corp said it would buy natural and organic meat processor Applegate Farms LLC for about $775 million to cater to an increasing demand for food free of antibiotics,...

    2. Hormel Foods to buy organic meat company Applegate for $775 mln

      Headlines

      Tue, 26 May 2015

      May 26 (Reuters) - Hormel Foods Corp , the maker of Spam lunch meat, said it would buy meat processor Applegate Farms LLC for about $775 million to expand its natural and organic meat products.

    3. Hormel Foods to USDA: Your turkey forecast is for the birds

      Headlines

      Wed, 20 May 2015

      CHICAGO, May 20 (Reuters) - Hormel Foods ' chief executive cast doubt on federal forecasts for as much as 4 percent increase in turkey meat production on Wednesday, due

    4. UPDATE 2- Hormel Foods says avian flu likely to hurt turkey sales till 2016

      Headlines

      Wed, 20 May 2015

      * Says Jennie-O sales may fall 15 pct in 2nd half of 2015 (Adds details from conference call, updates shares)

    5. Hormel Foods 2nd-qtr profit rises 28 pct

      Headlines

      Wed, 20 May 2015

      May 20 (Reuters) - Hormel Foods Corp , the maker of Spam lunch meat, reported a 28.2 percent rise in quarterly profit, helped by lower costs in its refrigerated foods business.

    6. Despite Solid 2Q, Hormel Faces Sizable Headwinds; Shares Look Rich

      Commentary

      Wed, 20 May 2015

      50 fair value estimate following Hormel Foods ' second-quarter results, which ..... believe long-term expectations for Hormel are quite lofty and consider the ..... We acknowledge the high quality of Hormel 's business, which maintains a

    7. Hormel unit Jennie-O lays off employees due to bird flu in poultry

      Headlines

      Tue, 5 May 2015

      CHICAGO, May 5 (Reuters) - Hormel Foods Corp unit Jennie-O Turkey Store will temporarily lay off 233 workers at a Minnesota plant because an outbreak of bird flu has reduced the number of turkeys available for processing, the company said on Tuesday.

    8. UPDATE 2- Hormel Foods , other meat company shares fall as bird flu concerns mount

      Headlines

      Tue, 21 Apr 2015

      CHICAGO, April 21 (Reuters) - The spread of a deadly strain of bird flu into an Iowa egg farm accelerated market concerns over how big a bite the current outbreak could take from the United States' egg and poultry businesses, sending shares of several leading meat companies' down on Tuesday.

    9. Hormel's Outlook Disappoints

      Headlines

      Fri, 28 Nov 2014

      Hormel Foods HRL reported a solid fourth ..... cost of capital estimate. Hormel competes in a host of categories, including luncheon meat ( Spam ) microwavable meals ( Hormel Compleats), peanut butter ..... Additionally, several of Hormel 's brands, like Spam and Skippy, have gained traction

    10. Hormel Announces Acquisition of CytoSport, Maker of Muscle Milk; No Impact to Fair Value Estimate

      Commentary

      Wed, 2 Jul 2014

      Hormel Foods has announced a deal to acquire CytoSport ..... close within 30 days. The transaction is Hormel ’s largest acquisition since the firm ..... still represents a relatively small slice of Hormel ’s overall business, so this deal should

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