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Check out the companies making headlines in midday trading.
CVS — Shares of the drugstore chain jumped 3.8% to hit a 52-week high after the company said sales will accelerate in the year ahead. CVS will launch new health-care services and combine its drugstores and insurance businesses.
Hormel Foods — Shares of Hormel rose 5.7% after the food producer beat quarterly earnings estimates. The company posted a quarterly profit of 51 cents per share, one cent above the Refinitiv
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