Father pleads guilty to manslaughter
ST. PAUL (AP) — A father could spend a year in jail for the death of his 4-year-old son who was left in an SUV while he worked for nearly six hours at a St. Paul event.
Twenty-six-year-old Kristopher Taylor pleaded guilty to second-degree manslaughter this week in an agreement with prosecutors in Ramsey County District Court. Prosecutors agreed that Taylor would serve up to a year in jail or the county workhouse and be on probation for 10 years.
Taylor left his son, Riley, in the SUV last May when temperatures were in the 60s and 70s while he worked at the Minnesota Monthly 8th Annual Grillfest at CHS Field from 11:30 a.m. to about 5:15 p.m. He returned to find his son unresponsive.
The Star Tribune reports the Medical Examiner’s Office determined the child died of hyperthermia.
Hormel reports profit of $200M
AUSTIN (AP) — Hormel Foods Corp. on Thursday reported fiscal third-quarter profit of $199.4 million.
On a per-share basis, the Austin, Minnesota-based company said it had profit of 37 cents.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.
The maker of Spam canned ham, Dinty Moore stew and other foods posted revenue of $2.29 billion in the period, which matched Street forecasts.
Hormel expects full-year earnings to be $1.71 to $1.85 per share, with revenue in the range of $9.5 billion to $10 billion.
Hormel shares have fallen 4% since the beginning of the year, while the Standard & Poor’s 500 index has climbed 17%. The stock has climbed 6.5% in the last 12 months.