Stock Blog Hub » Processed & Packaged Goods

(K) Kellogg Earnings Report Exceeds – Affirms Outlook

vitalstocks — Fri, 03 Feb 2012 18:21:35 +0000

Kellogg Company (K) has posted fourth-quarter 2011 earnings of 64 cents per share, beating the Zacks Consensus Estimate by a penny. The earnings also exceeded the prior-year earnings of 51 cents per share by 25%. In fiscal 2011, earnings of $3.38 per share also surpassed both the Zacks Consensus Estimate by one cent and the [...]

(K) Kellogg Earnings Report Exceeds – Affirms Outlook

(DMND) Company News for January 16, 2012 – Corporate Summary

vitalstocks — Mon, 16 Jan 2012 23:35:42 +0000

• 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 if the financial practices of Diamond Foods, Inc. (NASDAQ:DMND) involved criminal fraud. Shares [...]

(DMND) Company News for January 16, 2012 – Corporate Summary

(K) Kellogg Company – Bear of the Day

vitalstocks — Tue, 15 Nov 2011 16:55:40 +0000

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, increased cost of goods sold and increased supply-chain costs due [...]

(K) Kellogg Company – Bear of the Day

(SLE) Sara Lee Corporation – Bear of the Day

vitalstocks — Mon, 26 Sep 2011 19:26:26 +0000

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 to combat its rising price of coffee and meat by raising prices, we believe that [...]

(SLE) Sara Lee Corporation – Bear of the Day

(CAG) Company News for September 23, 2011 – Corporate Summary

vitalstocks — Sat, 24 Sep 2011 18:28:33 +0000

• 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 Estimate by a penny. Revenue rose 11% year-over-year to $10.52 billion, surpassing the [...]

(CAG) Company News for September 23, 2011 – Corporate Summary

(CAG) ConAgra Foods Sets Deadline for Ralcorp Holdings

vitalstocks — Tue, 20 Sep 2011 19:19:36 +0000

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 an ultimatum of a week’s time to Ralcorp Holdings for [...]

(CAG) ConAgra Foods Sets Deadline for Ralcorp Holdings

(BGS) 17 Rare Earth Elements? The Number is Actually 52

InvestmentU — Mon, 19 Sep 2011 20:33:15 +0000

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 includes other “technology metals” used in modern digital devices [...]

(BGS) 17 Rare Earth Elements? The Number is Actually 52

(GMCR) Take the Long-Term View and You’ll Make More Money

InvestmentU — Mon, 08 Aug 2011 17:34:54 +0000

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 hand, pay little attention to the day-to-day fluctuations in the market, and [...]

(GMCR) Take the Long-Term View and You’ll Make More Money

(PEET) Peet’s Coffee & Tea Introduces Light Freddo

vitalstocks — Mon, 11 Jul 2011 16:03:03 +0000

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 did not compromise on the richness, creaminess and smoothness of [...]

(PEET) Peet’s Coffee & Tea Introduces Light Freddo

(SLE) Sara Lee Pitches Hillshire to Women

vitalstocks — Mon, 11 Jul 2011 15:48:40 +0000

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 the ‘Go Meat’ campaign which featured men in the backyards [...]

(SLE) Sara Lee Pitches Hillshire to Women

(PEP) Pepsi Getting Popular in Russia

vitalstocks — Wed, 06 Jul 2011 19:36:55 +0000

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 global soft drink giant haddelivered a ‘squeeze-out demand’ notice to Wimm-Bill-Dann Foods on June 30, [...]

(PEP) Pepsi Getting Popular in Russia

(PEP) Pepsico Sheds Malaysian Bottler

vitalstocks — Wed, 06 Jul 2011 00:13:44 +0000

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 1990, Asahi acquired a 19.9% stake in Australian brewery [...]

(PEP) Pepsico Sheds Malaysian Bottler

(MKC) McCormick & Company Second Quarter 2011 Earnings Scorecard

vitalstocks — Wed, 06 Jul 2011 00:11:31 +0000

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 analysts’ estimate revisions as well as the Zacks Rank and long-term [...]

(MKC) McCormick & Company Second Quarter 2011 Earnings Scorecard

(CPO) Company News for July 01, 2011 – Corporate Summary

vitalstocks — Fri, 01 Jul 2011 20:39:27 +0000

• 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 projected second-quarter profits came in above the Street’s estimates • The Board of directors of [...]

(CPO) Company News for July 01, 2011 – Corporate Summary

(GIS) General Mills’ Earnings Meet Expectations

vitalstocks — Fri, 01 Jul 2011 16:59:40 +0000

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 2011 earnings went up by 7.82% [...]

(GIS) General Mills’ Earnings Meet Expectations

(MKC) McCormick & Company 2011 Second Quarter Beats by a Penny

vitalstocks — Fri, 01 Jul 2011 16:58:03 +0000

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 Sales Details Total revenue in the second quarter grew 11% year-over-year [...]

(MKC) McCormick & Company 2011 Second Quarter Beats by a Penny

(MKC) McCormick & Company Inks Deal with Kamis

vitalstocks — Fri, 01 Jul 2011 16:55:32 +0000

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, McCormick’s Board declared a dividend of 28 cents per share for the quarter, which [...]

(MKC) McCormick & Company Inks Deal with Kamis

(SLE) Sara Lee Finishes Eating Aidell’s Sausage Company

vitalstocks — Fri, 01 Jul 2011 16:45:04 +0000

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 the deal will help broaden its presence in the premium [...]

(SLE) Sara Lee Finishes Eating Aidell’s Sausage Company

(PEP) Pepsi Launches New Ad Campaign

vitalstocks — Thu, 30 Jun 2011 21:20:34 +0000

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 Pepsi-Cola after almost three years. [...]

(PEP) Pepsi Launches New Ad Campaign

(CPB) Campbell Soup Company Calls for Efficiency

vitalstocks — Thu, 30 Jun 2011 21:14:35 +0000

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, outsource and close some operations. Campbell is expected to eliminate a total of [...]

(CPB) Campbell Soup Company Calls for Efficiency

(DMND) Procter and Gamble’s Fatless Food a Myth

vitalstocks — Wed, 29 Jun 2011 20:39:55 +0000

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 more likely to make consumers more vulnerable to weight gain. [...]

(DMND) Procter and Gamble’s Fatless Food a Myth

(THS) TreeHouse Cuts Fiscal 2011 Guidance

vitalstocks — Wed, 29 Jun 2011 16:59:35 +0000

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 of 42–44 cents. Following the announcement, Zacks Consensus estimates for the second quarter and fiscal 2011 declined 28 cents and [...]

(THS) TreeHouse Cuts Fiscal 2011 Guidance

(CPB) Campbell Rewards Shareholders

vitalstocks — Wed, 29 Jun 2011 15:33:39 +0000

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 announced a regular quarterly dividend of 29 cents a share payable on [...]

(CPB) Campbell Rewards Shareholders

(HAIN) Hain Celestial Stays Neutral

vitalstocks — Sun, 26 Jun 2011 16:44:40 +0000

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 revives and demand for healthier and natural food improves. Hain [...]

(HAIN) Hain Celestial Stays Neutral

(CAG) Company News for June 24, 2011 – Corporate Summary

vitalstocks — Fri, 24 Jun 2011 20:37:20 +0000

• 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 Zacks Consensus Estimate of $0.69 per share. Revenues for the quarter grew 13% year-over-year [...]

(CAG) Company News for June 24, 2011 – Corporate Summary

(PEP) Pepsico Induces America to Clean Up

vitalstocks — Fri, 24 Jun 2011 16:34:40 +0000

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 Park District by 125 percent. The Dream Machines are recycling kiosksthat offer residents [...]

(PEP) Pepsico Induces America to Clean Up

(CAG) U.S. Labor Department Reports Weak Jobless Claims

vitalstocks — Thu, 23 Jun 2011 16:11:36 +0000

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 report will likely force stocks to give back the gains of the [...]

(CAG) U.S. Labor Department Reports Weak Jobless Claims

(CAG) ConAgra Foods Misses by a Penny

vitalstocks — Thu, 23 Jun 2011 16:10:32 +0000

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 Estimate of 48 cents. For FY11, EPS was reported at $1.75, [...]

(CAG) ConAgra Foods Misses by a Penny

(MKC) McCormick & Company Buy Signal From Barchart

Shawn — Wed, 22 Jun 2011 21:04:13 +0000

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” is McCormick & Company (MKC), which showed up on Wednesday’s list of stocks that [...]

(MKC) McCormick & Company Buy Signal From Barchart

(K) Kellogg’s Food Contaminated Again

vitalstocks — Mon, 20 Jun 2011 16:19:30 +0000

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. The Augusta plant makes Keebler and Famous [...]

(K) Kellogg’s Food Contaminated Again

(CPB) Campbell’s Risk-Reward Balances

vitalstocks — Sun, 19 Jun 2011 13:32:43 +0000

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 leading manufacturers of convenience food products. Furthermore, a strong portfolio of well-established [...]

(CPB) Campbell’s Risk-Reward Balances

(PEP) Pepsi Gets New Credit Facility

vitalstocks — Thu, 16 Jun 2011 21:58:43 +0000

Going by Bloomberg, the leading global snack food and beverages company, PepsiCo Inc. (PEP), has entered into a new four-year unsecured revolving credit agreement with a consortium of world’s leading investment bankers for optimizing its capital structure. Citicorp (C), JPMorgan Chase & Co. (JPM) and Bank of America Corp. (BAC) offering a sum of $325.0 [...]

(PEP) Pepsi Gets New Credit Facility

(PEET) Peet’s Coffee & Tea Beats Earnings Estimate by 20%

vitalstocks — Mon, 09 May 2011 13:57:58 +0000

Peet’s Coffee & Tea Inc. (PEET) reported first quarter 2011 diluted earnings per share of 41 cents, up 58% versus 2010 proforma diluted earnings per share of 26 cents. It also surpassed the Zacks Consensus Estimate of 34 cents by 20.58%. The company lowered full-year 2011 diluted earnings per share guidance by $0.10 to the [...]

(PEET) Peet’s Coffee & Tea Beats Earnings Estimate by 20%

(CAG) Company News for May 2, 2011 – Corporate Summary

vitalstocks — Mon, 02 May 2011 19:22:08 +0000

• Research firm Argus downgraded Flextronics International Ltd. (NASDAQ:FLEX) from “buy” to “hold” rating • Merck & Co. Inc.’s (NYSE:MRK) earnings per share (excluding special items) for the first quarter of 2011 came in at 92 cents, well above the Zacks Consensus Estimate of 84 cents and the year-ago earnings of 83 cents • Aon [...]

(CAG) Company News for May 2, 2011 – Corporate Summary

(CPB) Campbell Soup Company – Bear of the Day

vitalstocks — Thu, 14 Apr 2011 15:16:04 +0000

Campbell Soup Co. (CPB) posted second-quarter 2011 earnings of $0.71 that remained in line with the Zacks Consensus Estimate but declined 4% from the prior-year period. Due to sluggish demand in the U.S., the sales of U.S. Soup, Sauces and Beverages division and North America Food Services division inched down 4% and 1%, respectively. Moreover, [...]

(CPB) Campbell Soup Company – Bear of the Day

(FLO) Flowers Foods Buying Tasty Baking

vitalstocks — Thu, 14 Apr 2011 02:13:23 +0000

Packaged bakery foods company Flowers Foods Inc. (FLO) recently announced a definitive agreement to acquire Tasty Baking Co. (TSTY) for $4 per share or $165 million in cash. The transaction includes the existing debts of Tasty. Both companies’ boards have unanimously approved the agreement. Flowers plans to finance the transaction through cash-on-hand and credit facilities. [...]

(FLO) Flowers Foods Buying Tasty Baking

(DMND) Diamond Foods Foods to Buy Pringles Brand From The Procter & Gamble Company

vitalstocks — Thu, 07 Apr 2011 15:11:39 +0000

Diamond Foods Foods, Inc. (DMND) and The Procter & Gamble Company (PG) signed a definitive agreement whereby Diamond Foods will acquire the Pringles chips business in a transaction worth $2.35 billion. Pringles is expected to be accretive to earnings immediately and is expected to create maximum value for shareholders. Pringles is the world’s largest potato [...]

(DMND) Diamond Foods Foods to Buy Pringles Brand From The Procter & Gamble Company

(GMCR) Green Mountain Coffee Roasters – Starbucks Deal Sends Shares Soaring

vitalstocks — Thu, 07 Apr 2011 15:08:31 +0000

Green Mountain Coffee Roasters, Inc. (GMCR) is a momentum high flyer, recently spiking to a new all-time high on news of a fresh deal with Starbucks. With estimates on the rise and a bullish growth projection, this Zacks #1 rank stock will perk up your momentum portfolio. Company Description Green Mountain Coffee Roasters, Inc. operates [...]

(GMCR) Green Mountain Coffee Roasters – Starbucks Deal Sends Shares Soaring

(CPB) Campbell Soup Analyst Downgrades Shares to Underperform

vitalstocks — Thu, 07 Apr 2011 14:12:43 +0000

We have downgraded our rating from ‘Neutral’ to ‘Underperform’ on Campbell Soup Co. (CPB) as the company recorded yet another weak operating performance in the second quarter of 2011. The company’s earnings per share inched down 4% to 71 cents per share from 74 cents per share in the year-ago period primarily due to contraction [...]

(CPB) Campbell Soup Analyst Downgrades Shares to Underperform

(CPB) Campbell Soup Company – Bear of the Day

vitalstocks — Thu, 07 Apr 2011 14:03:55 +0000

(CPB) Campbell Soup Company – Bear of the Day

(CPB) Campbell’s Soup Reports A Lukewarm Second Quarter Earnings Report

vitalstocks — Tue, 22 Feb 2011 17:51:38 +0000

Campbell Soup Co. (CPB) reported fiscal 2011 second-quarter adjusted earnings of 71 cents per share, in line with the Zacks Consensus Estimate. However, quarterly earnings fell short of the year-ago results of 74 cents per share. Campbell’s net sales during the quarter declined by 1.0% year over year to $2,127 million, also missing the Zacks [...]

(CPB) Campbell’s Soup Reports A Lukewarm Second Quarter Earnings Report

(PEET) Peet’s Coffee & Tea Reports Quarterly In-Line With Estimates

vitalstocks — Sun, 20 Feb 2011 20:29:53 +0000

Peet’s Coffee & Tea Inc. (PEET) reported fourth quarter 2010 non-GAAP net income per diluted share of 48 cents in line with the Zacks Consensus Estimate. EPS increased 71.4% sequentially and 33.3% from prior year quarter. Full year 2010 diluted earnings per share was also in line with the Zacks Consensus Estimate and increased 28% [...]

(PEET) Peet’s Coffee & Tea Reports Quarterly In-Line With Estimates

(SLE) Sara Lee Corporation – Bear of the Day

vitalstocks — Thu, 17 Feb 2011 15:18:43 +0000

Sara Lee Corp. (SLE) is a global manufacturer as well as marketer of high-quality brand products and possesses a formidable portfolio of well-established brands. However, as the company uses different commodities and raw materials, cost-push inflation remains a key risk factor. Further, with the intense competition prevailing in the branded food market, Sara Lee is [...]

(SLE) Sara Lee Corporation – Bear of the Day

(GIS) General Mills Second Quarter 2011 Earnings Preview

vitalstocks — Thu, 16 Dec 2010 16:17:57 +0000

General Mills Inc. (GIS), one of the leading branded foods companies in the US, is scheduled to report its second-quarter 2011 financial results on Thursday, December 16, 2010. The current Zacks Consensus Estimate for the quarter is 78 cents a share. First-Quarter 2011, a Synopsis General Mills reported strong results for the first quarter of [...]

(GIS) General Mills Second Quarter 2011 Earnings Preview

(SJM) The J.M. Smucker Company Earnings Report Beats Estimates

vitalstocks — Fri, 26 Nov 2010 04:41:18 +0000

The J.M. Smucker Company (SJM) delivered non-gaap earnings per share (EPS) of $1.38 for its second quarter fiscal 2011 ended October 31, 2010, outperforming the Zacks Consensus Estimate of $1.31 and the year-ago EPS of $1.22 cents. A lower tax rate and price increases drove the outperformance. For the first quarters of fiscal 2011 and [...]

(SJM) The J.M. Smucker Company Earnings Report Beats Estimates

(CPB) Company News for November 23, 2010 – Corporate Summary

vitalstocks — Tue, 23 Nov 2010 20:22:58 +0000

• Hewlett-Packard (NYSE:HPQ) reported earnings of $1.33 per share, up from estimates of $1.27 per share, on an 8.1% revenue gain to $33.2 billion above estimates of $32.8 billion. The firm’s new-year estimate was set at a 13-15% rise to $5.16-$5.26 • Campbell Soup (NYSE:CPB) reported its fiscal first-quarter missed by a penny, coming in at $0.82 [...]

(CPB) Company News for November 23, 2010 – Corporate Summary

(SLE) Sara Lee Corporation’s CEO Steps Down

vitalstocks — Tue, 10 Aug 2010 17:33:43 +0000

Sara Lee Corp. (SLE) announced today that its CEO Brenda C. Barnes will resign from the positions of Chairman and Chief Executive Officer. She was on a prolonged medical leave since May 14, 2010 following a stroke. Under Barnes’ leadership, Sara Lee undertook various business restructuring initiatives. These included the sale of the company’s air [...]

(SLE) Sara Lee Corporation’s CEO Steps Down

(PEET) Peet’s Coffee & Tea Earnings Exceed Consensus Estimates

vitalstocks — Fri, 06 Aug 2010 04:27:13 +0000

Peet’s Coffee & Tea Inc. (PEET) registered second-quarter earnings (excluding certain one-time items) of 31 cents a share, exceeding the Zacks Consensus Estimate of 29 cents by 6.9% and year-ago earnings of 26 cents by 19.2%. The better-than-expected results came in the wake of net sales growth and increased operating margin. Revenue and Margins Net [...]

(PEET) Peet’s Coffee & Tea Earnings Exceed Consensus Estimates

(PEP) PepsiCo Second Quarter 2010 Earnings Preview

vitalstocks — Sat, 17 Jul 2010 04:18:09 +0000

Pepsico Inc. (PEP) is scheduled to release its second-quarter 2010 results on Tuesday, July 20. The Zacks Consensus Estimate for the company is $1.09 a share. First Quarter Performance Pepsico Inc. reported strong first quarter results with earnings of 89 cents per share. This was well above the Zacks Consensus Estimate of 75 cents and [...]

(PEP) PepsiCo Second Quarter 2010 Earnings Preview

(GIS) Company News for June 30, 2010 – Corporate Summary

vitalstocks — Wed, 30 Jun 2010 17:02:37 +0000

• General Mills (NYSE:GIS) raised its dividend before reporting inline fiscal fourth-quarter earnings of 41 cents a share, but its guidance for fiscal 2011 came in below Street expectations. Revenues of $3.57 billion were in-line with Zacks projections of $3.57 billion, but were off 2.1% from a year earlier. The company sees 2011 earnings growth of [...]

(GIS) Company News for June 30, 2010 – Corporate Summary