Hormel has cooked up a healthy balance sheet with no long-term debt load and enough cash to meet short-term debt.
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The Eaton Vance product carries a 2.25% front-end load, making it useless for a short-term investor.
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At a time when the industry practice was to sell and not lease, DLF offered long-term leases, which suited companies that didn t want to load assets on their books.
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