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ConAgra Foods Inc (NYSE: CAG) reported a decline in its first-quarter profit on Tuesday. ConAgra Foods' quarterly profit dropped to $85.3 million, or $0.20 per share, from $146.4 million, or $0.33 per share, in the year-earlier period. Its adjusted profit came in at $0.29 per share. ConAgra Foods' sales climbed 9.5% to $3.1 billion. However, analysts were expecting earnings of $0.31 per share on revenue of $2.9 billion. ConAgra raised its 2012 inflation estimate for its Consumer Foods unit to 9% to 10%, versus 7% to 8%.

FactSet Research Systems Inc (NYSE: FDS) reported a 4% rise in its fiscal fourth-quarter profit. FactSet Research reported its quarterly profit at $40.9 million, or $0.88 per share, up from $39.3 million, or $0.83 per share, in the year-ago period. Its revenue climbed 14% to $191.9 million. Professionals using FactSet surged 5% to 48,100 over the previous three months. FactSet Research expected Q1 earnings of $0.98 to $1 per share on $195 million to $198 million in revenue. However, analysts were expecting earnings of $0.98 per share on $196 million in revenue.

AutoZone Inc (NYSE: AZO) reported a 12% rise in its fourth-quarter profit on Tuesday. AutoZone reported its quarterly net income at $301.5 million, or $7.18 per share, up from $268.9 million, or $5.66 per share, in the year-ago period. Its revenue climbed 8% to $2.64 billion. AutoZone's domestic same-store sales surged 4.5%.

Jefferies Group Inc (NYSE: JEF) reported a 53% rise in its fiscal third-quarter earnings. Jefferies reported its quarterly profit at $68.3 million, or $0.30 per share, up from $44.8 million, or $0.22 per share, in the year-ago period. Excluding the Prudential acquisition, Jefferies' earnings came in at $0.10 per share. Jefferies' net revenue less mandatorily redeemable preferred interest rose 0.8% to $524 million. However, analysts were expecting a profit of $0.25 per share on $651 million in net revenue.

Prada SpA (OTC: PRDSY) reported a 74% rise in its net income in the six months ended July 31. Prada's profit for the half-year period climbed to 179.5 million euros ($244.4 million), from €103 million, in the year-ago period.

 

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