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ConAgra Foods, Inc. (CAG) 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) 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.
China Botanic Pharmaceutical Inc. (CBP) 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.
AAR (AIR) 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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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.