Hormel Foods shares fall amid bird flu worries

April 21, 2015 3:02 PM

9 0

CHICAGO (Reuters) - Hormel Foods Corp shares fell more than 3 percent Tuesday morning after the Minnesota-based company announced that the impact of a virulent strain of avian influenza may drag its fiscal 2015 earnings toward the lower end of guidance.

The virus has been identified at a facility west of Minneapolis that is owned by a subsidiary of Hormel.

Also read: Adobe forecasts FY18 profit above estimates, shares surge

Read more

To category page

Loading...