In earnings news today, Hormel Foods (HRL) reported 4th quarter earnings of 74 cents per share, which beat consensus estimates of 68 cents. Revenues missed a bit at $2.4 billion where $2.54 billion was anticipated. For the full year the company earned $2.54 per share, up 18% year over year. Full year revenues were down slightly at $9.26 billion. The company also issued guidance for 2016 in the range of $2.85-2.95, analysts were expecting to see $2.83. The stock closed up $2.06 to $71.32, hitting an all-time high.