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Company News for January 4, 2013 - Corporate Summary

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• Shares of Hormel Foods Corporation (NYSE: HRL ) jumped 3.7% after it concluded an agreement as per which it will purchase Unilever United States Inc.'s Skippy peanut-butter business for approximately $700 million

• Ross Stores, Inc. (NASDAQ: ROST ) surged 8% after the discount retailer raised its earnings forecasts for the fourth quarter ending February 2, 2013

• Shares of Family Dollar Stores, Inc. (NYSE: FDO ) plunged 13% after it lowered its earnings forecasts for the full year. Additionally, the company posted first quarter earnings per share of $0.69, missing the Zacks Consensus Estimate of $0.74

• Limited Brands, Inc. (NYSE: LTD ) lost 5.7% after the retailer's same stores sales growth for December came in below expectations

FAMILY DOLLAR (FDO): Free Stock Analysis Report

HORMEL FOODS CP (HRL): Free Stock Analysis Report

LIMITED BRANDS (LTD): Free Stock Analysis Report

ROSS STORES (ROST): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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