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1st Quarter 5:22

Tyson Foods forecasts profit growth of 10 percent

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The largest US meat processor said profit will rise 10 percent in fiscal 2014 and 2015 after remaining unchanged in 2012. Revenue will grow 3 to 4 percent annually in the next three years as sales of processed items gain as much as 8 percent and non-US revenue expands as much as 16 percent, Tyson said. Revenue in fiscal 2012, ended Sept. 29, rose 3.1 percent to $33.3 billion.

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