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ConAgra Foods, Inc. (CAG: Quote) on reported higher-than-expected results for the first quarter, and raised its full year earnings forecast and increased the quarterly dividend.
The board raises quarterly dividend by $0.01 to $0.25/Shr; Payable in December.
Now sees FY13 adj. EPS in a range of $2.03 - $2.06. Previous projection was growth of 6%-8% from $1.84 in fiscal 2012. Consensus - $1.98/Shr.
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Industrial glass maker Apogee Enterprises Inc. (APOG: Quote) reported a profit for the second quarter, helped by the profitability in its architectural products segment.
Lifts FY13 EPS target to a range of $0.56 - $0.64 from prior view of $0.48 - $0.58 per share. Consensus - $0.54/Shr.
Continues to project mid single-digit revenue growth for the full year.
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China Botanic Pharmaceutical Inc. (CBP: Quote) reported higher profit for the third quarter, boosted by increased revenues.
Backs FY12 revenue target of $91.6 mln - $93.1 mln.
Projects FY12 net income in a range of $32.7 million - $33.2 million.
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AAR (AIR: Quote) reported an increase in the first-quarter profit, helped by higher sales.
Raises FY13 EPS target to $1.60 - $1.70, from prior guidance range of $1.55 - $1.65 per share.
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by RTT Staff Writer
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