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Packaged food sector appears profitable for the future

from Meat and Poultry

The outlook for the packaged foods industry has improved to "positive" from "stable," according to the latest analysis from Moody's Investors Service. Despite little prospective improvement in top-line growth, Moody's said successful efficiency initiatives across the food industry have brightened the industry's outlook. The analysis was published in a Sept. 30 report, "Going positive as cost cutting fuels margin and cash flow growth." more

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