All Posts Tagged With: "KFT"
(KFT) Investing in Emerging Market Multinationals
As a student in Tokyo, I played on a talented U.S. Embassy basketball team full of Marine embassy guards. While we were mowing down every opponent, I noticed that the Japanese referees tried very hard to even things out by calling fouls on us every chance they got. For example,...
3Feb2012 | InvestmentU | 0 comments | Continued(KFT) Kraft Foods Trims Jobs – Projects Profits
As Kraft Foods Inc. (KFT) moves ahead with its spin-off plan, the company plans to slash the jobs of about 1,600 employees in North America in the year 2012. According to Kraft, the move was imperative for the smooth running of its businesses. The company also projects higher...
30Jan2012 | vitalstocks | 0 comments | Continued(BAC) Stock Market News for January 18, 2012 – Market News
The major US indices registered gains to close in the green after a slew of positive economic reports were released at home and in China. A successful debt auction in Europe added to the cheer. However, the gains were limited, as investors’ sentiments were dampened after the...
18Jan2012 | vitalstocks | 0 comments | Continued(KFT) Kraft Foods Sees Lobbying Charges Shrink
Kraft Foods Inc. (KFT) reported that it spent $640,000 during the third quarter 2011 on issues related to transportation, agriculture, trade and other matters. The lobbying charges shrunk 1.5% from $650,000 spent during the third quarter of 2010 and 12.3% from $730,000 spent...
27Dec2011 | vitalstocks | 0 comments | Continued(KO) Consumer Staples Stock Outlook – December 2011 – Industry Outlook
Stocks in the Consumer Staples sector performed their traditional defensive role as the broader equity markets came under pressure over concerns about the prolonged weak U.S. economy and the debt crisis in Europe. Shares of consumer staples companies, accounting for a total of...
8Dec2011 | vitalstocks | 0 comments | Continued(HRL) Snack-On: Hormel in the Menu
According to New York Times- Americans eat 31% more packaged food than fresh food and they consume more packaged food per person than their counterparts in nearly all other countries. A sizable part of the American diet is ready-to-eat meals, like frozen pizzas and microwave...
30Nov2011 | vitalstocks | 0 comments | Continued(KFT) Kraft Foods Earnings Beat – Raises Outlook
Kraft Foods Inc. (KFT) posted third quarter 2011 operating EPS of 58 cents per share, surpassing the Zacks Consensus Estimate of 56 cents by 3.6%. It also went up 23.4% from 47 cents reported in the prior-year quarter. Management credited the benefits of increased investments...
6Nov2011 | vitalstocks | 0 comments | Continued(AXP) Stock Market News for November 4, 2011 – Market News
Greecereversed its call for a referendum on the European debt deal that calmed nerves and helped the markets log their second consecutive days of gains. A drop in weekly jobless claims further added to the cheer coupled with the European Central Bank’s decision to reduce the...
4Nov2011 | vitalstocks | 0 comments | Continued(KO) Coca-Cola Analyst Maintains Neutral on Shares
We reaffirm our Neutral recommendation for The Coca-Cola Co. (KO) following the second quarter 2011 earnings of $1.17 per share, which exceeded the Zacks Consensus Estimate by a penny. It also exceeded the prior-year quarter earnings of $1.06 and were ahead of the company’s...
6Oct2011 | 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(CCE) Coca-Cola Enterprises Business Update
Coca-Cola Enterprises Inc. (CCE) in a business update reaffirmed its fiscal 2011 guidance and targets for the long term while also announcing its share repurchase plan. Coca Cola Enterprises reaffirms that it will continue to expect to earn in the range of $2.10 to $2.15 in...
19Sep2011 | vitalstocks | 0 comments | Continued(KFT) Kraft Foods Cuts Coffee Prices by 6%
Kraft Foods Inc. (KFT) has cut down the prices of its flagship coffee brand Maxwell House by roughly 6% in the US, effective immediately, driven by a decline in the prices of coffee beans. Accordingly, the price slit converts to 20 cents per pound on roast and ground coffees...
14Sep2011 | vitalstocks | 0 comments | Continued(C) Company News for September 8, 2011 – Corporate Summary
• Share prices of FuelCell Energy, Inc. (NASDAQ:FCEL) advanced 25.24% after the power plant maker’s sales figures came in above analysts’ average estimates • According to a report by Citi (NYSE:C) analysts, car sales of General Motors Co. (NYSE:GM)...
8Sep2011 | vitalstocks | 0 comments | Continued(CAT) Stock Market News for August 8, 2011 – Market News
The Dow Jones Industrial Average see-sawed between positive and negative territory, while the markets finished mixed on Friday amid global economic concerns. Encouraging economic reports helped the markets prevent another heavy slide on the closing day of the week, but they were...
8Aug2011 | vitalstocks | 0 comments | Continued(AGN) Company News for August 5, 2011 – Corporate Summary
• NRG Energy (NYSE:NRG) posted Q2 EPS of $2.53, clearly beating the Zacks Consensus Estimate of $0.38 per share. Revenues for the quarter rose 6.8% year-over-year to $2.28 billion, which came in lower than the Zacks Consensus Estimate of $2.7 billion • Shares...
5Aug2011 | vitalstocks | 0 comments | Continued(GM) U.S. Jobless Claims
The economy remains in the spotlight as the news flow of the last few days has painted a less than flattering picture of the recovery. We now know that the manufacturing and service sectors lost ground as they entered the third quarter. We will have the full picture of the economy...
4Aug2011 | 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(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(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(KFT) Kraft Minor stake Aquired by Trian Fund Management
According to the SEC filing, the billionaire investor Nelson Peltz’s hedge fund – Trian Fund Management has acquired 12.2 million shares of Kraft Foods Inc. (KFT) for $381.9 million during the first quarter of 2011. Trian is based in New York and its stake of 12.2 million...
30Jun2011 | vitalstocks | 0 comments | Continued(BA) Stock Market News for June 27, 2011 – Market News
Markets were rattled for the third consecutive day after concerns emerged over the stability of Italy’s banking sector. Just after the markets managed a finish in the green last week after six-consecutive weeks of losses, benchmarks once again ended in negative territory for...
27Jun2011 | 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) 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(AWH) Stock Market News for June 14, 2011 – Market News
The benchmarks ended flat on Monday, as mergers and acquisitions prevented the markets from sliding yet again on euro-zone debt concerns. Mergers and acquisitions were the major factor responsible for market movement in a choppy session of trading, amidst the lack of any economic...
14Jun2011 | vitalstocks | 0 comments | Continued(AWH) Stock Market News for June 14, 2011 – Market News
The benchmarks ended flat on Monday, as mergers and acquisitions prevented the markets from sliding yet again on euro-zone debt concerns. Mergers and acquisitions were the major factor responsible for market movement in a choppy session of trading, amidst the lack of any economic...
14Jun2011 | vitalstocks | 0 comments | Continued(ADP) Stock Market News for May 9, 2011 – Market News
Just when investors had grown despondent, indices snapped their four-day losing streak on Friday, as the biggest employment addition in five years lifted markets into the green. Both the Dow Jones Industrial Average (DJIA) and Standard & Poor climbed 0.4% to settle at 12,638.74...
9May2011 | vitalstocks | 0 comments | Continued(AIG) Company News for May 9, 2011 – Corporate Summary
• American International Group Inc. (NYSE:AIG) reported first quarter operating income of $2.03 billion or $1.30 per share, well ahead of the Zacks Consensus Estimate of a loss of 15 cents per share and earnings of $637 million or 95 cents per share in the year-ago quarter • ...
9May2011 | vitalstocks | 0 comments | Continued(PCLN) U.S. Jobs Report Better than Expected
The negative build-up over the last few days to today’s jobs report turned out to be completely off the mark. We got an impressive jobs report this morning, with the private sector coming up with one of its best showings in a long time. The Bureau of Labor Statistics reported...
6May2011 | vitalstocks | 0 comments | Continued