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 OMAHA, Neb. (AP) - ConAgra Foods Inc.'s fourth-quarter profit soared on strong results from its commodities trading division and a comparison with results a year ago that were depressed by restructuring charges.
The costs of recalling its Peter Pan peanut butter hurt ConAgra's latest results, but its shares rose 4 percent in afternoon trading.
The food company said Wednesday it earned $192 million, or 39 cents per share, for the quarter ended May 27 versus a profit of $59.2 million, or 11 cents per share, a year ago.
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