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Packaged foods maker $FLO posted lower 1Q16 results, hurt by higher expenses. $FLO said net income fell 3.3% to $59.36MM, or $0.28 per share from $61.4MM, or 0.29 per share a year ago. Revenue rose 5.09% to $1.20Bil, helped by acquisitions of Dave's Killer Bread and Alpine Valley Bread contributing 5.3% to the overall sales increase.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.