Processed & Packaged Goods
(DMND) Company News for January 16, 2012 – Corporate Summary
• Shares of JP Morgan Chase & Co. (NYSE:JPM) declined 2.5% after the company reported its fourth quarter earnings per share of $0.90, lower than the Zacks Consensus Estimate of $0.92 • According to The Wall Street Journal, federal prosecutors were inquiring...
16Jan2012 | vitalstocks | 0 comments | Continued(K) Kellogg Company – Bear of the Day
We have downgraded our recommendation on Kellogg Company (K) to Sell from a Hold on weak third-quarter 2011 earnings of $0.80 per share, which lagged the Zacks Consensus Estimate by 10.1% and the prior-year earnings by 11%. The results were driven by weak economic environment,...
15Nov2011 | vitalstocks | 0 comments | Continued(SLE) Sara Lee Corporation – Bear of the Day
We have downgraded the recommendation of Sara Lee Corp. (SLE) to Underperform from Neutral as the company remains under tremendous inflationary pressure, further burdened by severe competition from several branded and private label products. Though the company is making efforts...
26Sep2011 | vitalstocks | 0 comments | Continued(CAG) Company News for September 23, 2011 – Corporate Summary
• Meg Whitman has been named the new Chief Executive Officer of Hewlett Packard (NYSE:HPQ). Whitman was formerly CEO of online auction and shopping site eBay (NASDAQ:EBAY) • FedEx (NYSE:FDX) posted fiscal Q1 EPS of $1.46, falling short of the Zacks Consensus...
24Sep2011 | vitalstocks | 0 comments | Continued(CAG) ConAgra Foods Sets Deadline for Ralcorp Holdings
ConAgra Foods Inc. (CAG) reaffirmed its $94 a share all-cash offer for the acquisition of Ralcorp Holdings Inc. (RAH), setting a deadline for the proposal, which was previously rejected by Ralcorp without a dialogue with ConAgra Foods, on August 12, 2011. ConAgra Foods has sent...
20Sep2011 | vitalstocks | 0 comments | Continued(BGS) 17 Rare Earth Elements? The Number is Actually 52
by David Fessler, Investment U Senior Analyst Thursday, September 15, 2011 At least according to a new list published by the British Geological Survey (BGS). These include the standard list of 17 Rare Earth Elements, 97% of which are produced in China. However, the list also...
19Sep2011 | InvestmentU | 0 comments | Continued(GMCR) Take the Long-Term View and You’ll Make More Money
by David Fessler, Investment U Senior Analyst Friday, August 5, 2011: Issue #1572 If someone were to ask you, “Are you a trader or an investor?”… how would you answer? Professional day traders aside, traders rarely make money “trading” stocks. Investors, on the other...
8Aug2011 | InvestmentU | 0 comments | Continued(PEET) Peet’s Coffee & Tea Introduces Light Freddo
The coffee roaster and retailer Peet’s Coffee & Tea Inc. (PEET) has launched a new blended iced coffee beverage called – Light Freddo. As the name says, the new Light Freddos of Peet’s will have 50% lower calories than the regular Freddos. Despite that, Peet’s...
11Jul2011 | vitalstocks | 0 comments | Continued(SLE) Sara Lee Pitches Hillshire to Women
Hillshire Farm, a popular brand of meat owned and marketed by Sara Lee Corporation (SLE), launches a new ad campaign ‘So Good, They’ll Think It’s For Them’ to attract the women customers and add to the success of the already existing ‘Go Meat’ tagline. Unlike...
11Jul2011 | vitalstocks | 0 comments | Continued(PEP) Pepsi Getting Popular in Russia
Pepsico Inc. (PEP) the global food and Drinks Corporation, announced that it will buy the remaining 23% of Wimm-Bill-Dann Foods OJSC (WBD), Russia’s leading branded food and beverage company. Wimm-Bill-Dann produces dairy products, juices, mineral water and baby food. The...
6Jul2011 | vitalstocks | 0 comments | Continued(PEP) Pepsico Sheds Malaysian Bottler
Pepsico Inc. (PEP) the global food and Drinks Corporation, is reported to be in talks with Asahi Group Holdings Ltd., Japan’s biggest beer maker for selling its Malaysian bottler, Permanis Sdn. Based in Tokyo, Asahi Breweries has a 40% share of the Japanese beer market. In...
5Jul2011 | vitalstocks | 0 comments | Continued(MKC) McCormick & Company Second Quarter 2011 Earnings Scorecard
McCormick & Co. Inc. (MKC) announced its financial results for the second-quarter of 2011 on June 30 with operating earnings of 55 cents a share, surpassing the Zacks Consensus Estimate by one cent. In the following paragraphs, we cover the recent earnings announcement, subsequent...
5Jul2011 | vitalstocks | 0 comments | Continued(CPO) Company News for July 01, 2011 – Corporate Summary
• Shares of Cell Therapeutics, Inc. (NASDAQ:CTIC) declined by 19.64% after the cancer drug developer said it was selling Series 13 preferred stock worth $30 million • Vitamin maker USANA Health Sciences Inc.’s (NYSE:USNA) shares rose 7.90% after the company’s...
1Jul2011 | vitalstocks | 0 comments | Continued(GIS) General Mills’ Earnings Meet Expectations
General Mills Inc. (GIS) has reported results for the fourth quarter of fiscal 2011. For the quarter, adjusted earnings shot up by 26.8% to 52 cents a share compared with 41 cents in the year-ago period. The quarterly EPS was in line with the Zacks Consensus estimate. The fiscal...
1Jul2011 | vitalstocks | 0 comments | Continued(MKC) McCormick & Company 2011 Second Quarter Beats by a Penny
McCormick & Co. Inc. (MKC) posted results for the second quarter of 2011 with operating earnings of 55 cents a share, surpassing the Zacks Consensus Estimate by one cent. The quarterly earnings benefited from higher operating income, as well as cost saving actions. Quarterly...
1Jul2011 | vitalstocks | 0 comments | Continued(MKC) McCormick & Company Inks Deal with Kamis
In order to broaden its presence in the emerging markets of Western, Central, and Eastern Europe, spice-maker McCormick & Company, Inc. (MKC) agreed to acquire Poland-based privately-held Kamis S.A. for approximately 830 million Polish zloty ($291 million). On the same day,...
1Jul2011 | vitalstocks | 0 comments | Continued(SLE) Sara Lee Finishes Eating Aidell’s Sausage Company
Sara Lee Corp. (SLE) announced that it has completed its $87 million buyout of Aidells Sausage Co. from Encore Consumer Capital, a private equity firm that invests exclusively in leading consumer products companies. The deal was originally announced on May 5, 2011. Sara Lee said...
1Jul2011 | vitalstocks | 0 comments | Continued(PEP) Pepsi Launches New Ad Campaign
Pepsico Inc. (PEP) is determined to regain its lost position as the #2 US beverage in the world. Pepsi to meet this goal wants to go back to its roots and promote its flagship product Pepsi Cola once again. Keeping this in mind, Pepsi launches its new advertising campaign for...
30Jun2011 | vitalstocks | 0 comments | Continued(CPB) Campbell Soup Company Calls for Efficiency
The global manufacturer and marketer of high-quality foods and simple meals, Campbell Soup Company (CPB), have underlined a series of initiatives to enhance its supply chain efficiency and reduce overhead costs. Under its new restructuring plan, the company will make new investments,...
30Jun2011 | vitalstocks | 0 comments | Continued(DMND) Procter and Gamble’s Fatless Food a Myth
Procter and Gamble (P&G) revealed in a study conducted by Purdue University that it has failed to keep the promise of helping customers remain fit and slim. As per the study, Orleans, the brand name for Olestra, a calorie-less, fat-free substitute discovered by P&G is...
29Jun2011 | vitalstocks | 0 comments | Continued(THS) TreeHouse Cuts Fiscal 2011 Guidance
TreeHouse Foods Inc. (THS) recently reduced its fiscal 2011 earnings outlook to $2.90–$3.00 from $3.00–$3.08 after taking into account higher freight, transportation, packaging and other related commodity costs. The guidance includes the second-quarter earnings projection...
29Jun2011 | vitalstocks | 0 comments | Continued(CPB) Campbell Rewards Shareholders
Campbell Soup Co. (CPB), diligent in rewarding shareholders, announced a share buyback of $1 billion sans expiration date. The new share buyback plan replaces the $1.2 billion which the company had announced in June 2008. To further accelerate shareholder value, the company also...
29Jun2011 | vitalstocks | 0 comments | Continued(HAIN) Hain Celestial Stays Neutral
Being a leader in natural food and personal care products categories with an extensive portfolio of well-known brands, The Hain Celestial Group Inc. (HAIN) offers investors one of the strongest growth profiles in the industry. The stock is poised to rise as the economy gradually...
26Jun2011 | vitalstocks | 0 comments | Continued(CAG) Company News for June 24, 2011 – Corporate Summary
• ConAgra Foods (NYSE:CAG) posted adjusted Q4 EPS of $0.47, lower than the Zacks Consensus Estimate of $0.48 per share. Revenues for the quarter rose 5.3% year-over-year to $3.21 billion • Oracle Corporation (NASDAQ:ORCL) posted Q4 EPS of $0.75, surpassing the...
24Jun2011 | vitalstocks | 0 comments | Continued(PEP) Pepsico Induces America to Clean Up
Pepsico Inc. (PEP) announced that through the ‘Dream Machine Recycling’ initiative it will introduce 2,500 Free Green Cans throughout the Chicago Park District. It will be available across 16 miles of downtown lakefront and increase public access to recycling bins in the...
24Jun2011 | vitalstocks | 0 comments | Continued(CAG) U.S. Labor Department Reports Weak Jobless Claims
Stocks will likely continue to reflect what Fed Chair Bernanke said, or didn’t say, on Wednesday even as we got another negative labor market report this morning. The weak growth picture emerging out of the Fed chief’s news conference and today’s Jobless Claims...
23Jun2011 | vitalstocks | 0 comments | Continued(CAG) ConAgra Foods Misses by a Penny
ConAgra Foods Inc. (CAG) posted an EPS of 47 cents in the fourth quarter of fiscal 2011, compared with 39 cents in the year-ago quarter. The improvement is attributable to lower incentive compensation expense and recent share repurchases. The results missed the Zacks Consensus...
23Jun2011 | vitalstocks | 0 comments | Continued(MKC) McCormick & Company Buy Signal From Barchart
Barchart.coms Chart of the Day – McCormick Company (MKC) Barchart Research Team – Barchart.com – Tue Jun 21, 3:46PM CDT Related Stocks MKC – Mccormick & Company Inc. Sym Last Chg Pct MKC 50.49 -0.13 -0.26% The “Chart of the Day”...
22Jun2011 | Shawn | 0 comments | Continued(K) Kellogg’s Food Contaminated Again
The Food and Drug Administration (FDA) released a report on June 14, 2011 stating that traces of listeria have been found in the food products of a Kellogg Company (K) bakery in Augusta, Ga. The regulators after an inspection in February this year came up with such findings....
20Jun2011 | vitalstocks | 0 comments | Continued(CPB) Campbell’s Risk-Reward Balances
We are maintaining a long-term ‘Neutral’ recommendation on Campbell Soup Company (CPB) with a target price of $35.00 per share. Moreover, the company has a Zacks #3 Rank, implying a short-term ‘Hold’ rating on the stock. Campbell Soup is one of the world’s...
19Jun2011 | vitalstocks | 0 comments | Continued