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Duncan Hines parent Pinnacle's shares jump in market debut

Shares of Pinnacle Foods Inc (PF.N), owner of the Birds Eye and Duncan Hines brands, rose 13.7 percent in their New York Stock Exchange debut on Thursday. The stock was trading at $22.73 after the company backed by Blackstone Group LP (BX.N) raised $580 million in its initial public offering.

 

Annie's Shares Soar In Organic Mac & Cheese Maker's IPO Debut

Annie's IPO

Investors are gobbling up shares of pasta maker Annie's Inc., the latest sign of the pull of natural and organic foods for consumers. Best known for its signature macaroni and cheese with pasta shaped like rabbits, Annie's makes more than 125 organic and natural food products and is sold in more than 250,000 store locations, almost all in the U.S.

 

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