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Hormel Foods Inc. plans to boost its advertising next year to persuade cash-strapped shoppers to pay extra for its pricier items, like microwave meals, as they keep looking for ways to cut costs in the downturn.
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A top executive with the company set to take over Asarco LLC says the Tucson, Ariz.-based copper miner will emerge from a four-year bankruptcy court battle modern, competitive, profitable and environmentally sound.
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