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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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.