Hormel Announces 2-For-1 Stock Split Amid Strong 4th Qtr. EarningsHormel is announcing a two-for-one split a day after the company reported a strong fourth quarter and outlook. The company is projecting higher sales from organic meats producer Applegate, which it bought earlier this year.
Target Reports 4Q Loss On Canada PulloutTarget Corp. reported a loss in its fourth quarter, dragged down by costs to end its money-losing foray in Canada. But the discount retailer recorded strong sales as shoppers bought more clothing and other items over the holiday period.
Timberwolves’ Alexey Shved Knows How To Close A 4th QuarterRussian-native Alexey Shved is becoming a crunch-time performer who can't wait for a back court teammate to join him. He represents an interesting dynamic: young and unafraid to take shots - especially in the fourth quarter.
Deere Has Downbeat 2013 Outlook, Shares FallThe farm and construction equipment maker Deere says its fourth-quarter net income rose 2.7 percent as it sold more farm gear at higher prices.
Arctic Cat Blames 4Q Net Loss On Seasonal BusinessSnowmobile and all-terrain vehicle maker Arctic Cat Inc. on Thursday posted a net loss in its fiscal fourth quarter that was flat with the previous year, attributing the red ink to the seasonal nature of the business.