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ConAgra Foods saw its revenues rise 4.8% for its most recent quarter versus a year ago, but its stock fell 3% as the forecast for the coming fiscal year trailed analysts’ projections.
For fiscal 2009, ConAgra has predicted earnings of between $1.56 and $1.59 per share, and between 26 cents and 28 cents per share for the first quarter. But the earnings are below the expectations of analysts, who predicted $1.61 per share for fiscal 2009 and 32 cents per share for the first quarter.
Still,
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