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	<title>Stock Blog Hub &#187; MKC</title>
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		<title>(AAPL) Company News for September 29, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/09/29/aapl-company-news-for-september-29-2011-corporate-summary/84292</link>
		<comments>http://www.stockbloghub.com/2011/09/29/aapl-company-news-for-september-29-2011-corporate-summary/84292#comments</comments>
		<pubDate>Thu, 29 Sep 2011 20:25:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Amazon.com Inc]]></category>
		<category><![CDATA[AMZN]]></category>
		<category><![CDATA[Apple Inc.]]></category>
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		<category><![CDATA[Leap Wireless International Inc]]></category>
		<category><![CDATA[McCormick & Company Inc]]></category>
		<category><![CDATA[MKC]]></category>
		<category><![CDATA[PRGS]]></category>
		<category><![CDATA[Progress Software Corporation]]></category>
		<category><![CDATA[SABA]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=84292</guid>
		<description><![CDATA[•    McCormick &#38; Co. (NYSE:MKC) posted Q3 EPS of $0.69, ex-items, higher than the Zacks Consensus Estimate of $0.64 per share. Revenues for the quarter rose 16% year-over-year to $920.4 million, exceeding the Zacks Consensus Estimate of $870 million•    Amazon.com (NASDAQ:AMZN) closed 2.45% higher after the online company unveiled its new tablet computer, the Kindle Fire Tablet which will be significantly cheaper than Apple&#8217;s (NASDAQ:AAPL) iPad •    Cantor Fitzgerald LP lowered the target price of First Solar Inc. (NASDAQ:FSLR) from $88 to $55. Following this development, shares of First Solar plunged10.41% •    On Tuesday, Federal investigators raided Imperial Holdings Inc.’s (NYSE:IFT) offices. Following this development, shares of the specialty-finance firm dropped 65.24% to close at $2.19 •    Share prices of business software firm Progress Software Corp. (NASDAQ:PRGS) declined 8.20% to ]]></description>
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		</item>
		<item>
		<title>(MKC) McCormick &amp; Company Second Quarter 2011 Earnings Scorecard</title>
		<link>http://www.stockbloghub.com/2011/07/05/mkc-mccormick-company-second-quarter-2011-earnings-scorecard/78356</link>
		<comments>http://www.stockbloghub.com/2011/07/05/mkc-mccormick-company-second-quarter-2011-earnings-scorecard/78356#comments</comments>
		<pubDate>Wed, 06 Jul 2011 00:11:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Processed & Packaged Goods]]></category>
		<category><![CDATA[CAG]]></category>
		<category><![CDATA[ConAgra Foods Inc.]]></category>
		<category><![CDATA[KFT]]></category>
		<category><![CDATA[Kraft Foods Inc.]]></category>
		<category><![CDATA[McCormick & Company Inc]]></category>
		<category><![CDATA[MKC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78356</guid>
		<description><![CDATA[McCormick &#38; 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 recommendation for the stock. Earnings Recap McCormick’s second-quarter earnings benefited from higher operating income, as well as the cost saving actions. Total revenue grew 11% year-over-year to $883.7 million from the year-earlier quarter, benefiting from McCormick’s favorable volume, product mix and pricing actions taken to curtail increased raw and packaging material costs. Revenues exceeded the Zacks Consensus Estimate of $855 million. Earnings Estimates Revision – Overview Fiscal 2011 earnings estimates have declined mostly for McCormick ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MKC) McCormick &amp; Company 2011 Second Quarter Beats by a Penny</title>
		<link>http://www.stockbloghub.com/2011/07/01/mkc-mccormick-company-2011-second-quarter-beats-by-a-penny/78136</link>
		<comments>http://www.stockbloghub.com/2011/07/01/mkc-mccormick-company-2011-second-quarter-beats-by-a-penny/78136#comments</comments>
		<pubDate>Fri, 01 Jul 2011 16:58:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Processed & Packaged Goods]]></category>
		<category><![CDATA[CAG]]></category>
		<category><![CDATA[CCI]]></category>
		<category><![CDATA[ConAgra Foods Inc.]]></category>
		<category><![CDATA[Crown Castle International Corporation]]></category>
		<category><![CDATA[KFT]]></category>
		<category><![CDATA[Kraft Foods Inc.]]></category>
		<category><![CDATA[McCormick & Company Inc]]></category>
		<category><![CDATA[MKC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78136</guid>
		<description><![CDATA[McCormick &#38; 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 to $883.7 million from the year-ago quarter, benefiting from McCormick’s favorable volume, product mix and pricing actions taken to curtail increased raw and packaging material costs. Revenue also exceeded the Zacks Consensus Estimate of $855 million. Segments and Margins Consumer business Segment revenue for the consumer business surged by 10% year-over-year to $499.0 million in the reported quarter, owing to favorable currency exchange rates. Revenue for the McCormick‘s segment also increased due to increased pricing, ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MKC) McCormick &amp; Company Inks Deal with Kamis</title>
		<link>http://www.stockbloghub.com/2011/07/01/mkc-mccormick-company-inks-deal-with-kamis/78141</link>
		<comments>http://www.stockbloghub.com/2011/07/01/mkc-mccormick-company-inks-deal-with-kamis/78141#comments</comments>
		<pubDate>Fri, 01 Jul 2011 16:55:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Processed & Packaged Goods]]></category>
		<category><![CDATA[KFT]]></category>
		<category><![CDATA[Kraft Foods Inc.]]></category>
		<category><![CDATA[McCormick & Company Inc]]></category>
		<category><![CDATA[MKC]]></category>
		<category><![CDATA[UL]]></category>
		<category><![CDATA[Unilever plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78141</guid>
		<description><![CDATA[In order to broaden its presence in the emerging markets of Western, Central, and Eastern Europe, spice-maker McCormick &#38; 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&#8217;s Board declared a dividend of 28 cents per share for the quarter, which is payable on July 25, 2011 to shareholders of record as on July 11, 2011. Further, McCormick stated that the transaction multiple is expected to be 12 to 13 times EBITDA (earnings before interest, tax, depreciation and amortization) and the acquisition is expected to consummate by September 2011, subject to regulatory approval, including antimonopoly clearance in Poland, Russia and Ukraine. Prior to the closing of the deal, a portion of Kamis’ assets and business operations ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/01/mkc-mccormick-company-inks-deal-with-kamis/78141/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NKE) Money Isn&#8217;t Changing Hands Fast Enough &#8211; AAII Investor Update</title>
		<link>http://www.stockbloghub.com/2011/06/24/nke-money-isnt-changing-hands-fast-enough-aaii-investor-update/77360</link>
		<comments>http://www.stockbloghub.com/2011/06/24/nke-money-isnt-changing-hands-fast-enough-aaii-investor-update/77360#comments</comments>
		<pubDate>Fri, 24 Jun 2011 16:23:54 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Textile - Apparel Footwear & Accessories]]></category>
		<category><![CDATA[APOL]]></category>
		<category><![CDATA[Apollo Group Inc.]]></category>
		<category><![CDATA[Constellation Brands Inc.]]></category>
		<category><![CDATA[Darden Restaurants Inc.]]></category>
		<category><![CDATA[DRI]]></category>
		<category><![CDATA[Family Dollar Stores Inc.]]></category>
		<category><![CDATA[FDO]]></category>
		<category><![CDATA[General Mills Inc.]]></category>
		<category><![CDATA[GIS]]></category>
		<category><![CDATA[McCormick & Company Inc]]></category>
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		<category><![CDATA[MON]]></category>
		<category><![CDATA[Monsanto Company]]></category>
		<category><![CDATA[Nike Inc.]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77360</guid>
		<description><![CDATA[Federal Reserve Chairman Ben Bernanke continues to be the enemy of savers. On Wednesday, the Boston Red Sox fan reiterated his belief that interest rates should be kept at rock-bottom levels for an extended period of time. He views this as necessary in order to keep the economy growing. Part of Bernanke&#8217;s problem has been his inability to accelerate the pace of money movement, or velocity. Velocity is an economic measure of how many times a dollar is used to purchase goods and services. For instance, if I give you a $100 bill and you put it into your dresser, there is no real velocity. However, if you use it to make a repair on your car and then your mechanic spends the cash on buying a replacement part, velocity ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/24/nke-money-isnt-changing-hands-fast-enough-aaii-investor-update/77360/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MKC) McCormick &amp; Company Buy Signal From Barchart</title>
		<link>http://www.stockbloghub.com/2011/06/22/mkc-mccormick-company-buy-signal-from-barchart/77151</link>
		<comments>http://www.stockbloghub.com/2011/06/22/mkc-mccormick-company-buy-signal-from-barchart/77151#comments</comments>
		<pubDate>Wed, 22 Jun 2011 21:04:13 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Processed & Packaged Goods]]></category>
		<category><![CDATA[McCormick & Company Inc]]></category>
		<category><![CDATA[MKC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77151</guid>
		<description><![CDATA[Barchart.coms Chart of the Day &#8211; McCormick Company (MKC) Barchart Research Team &#8211; Barchart.com &#8211; Tue Jun 21, 3:46PM CDT Related Stocks MKC &#8211; Mccormick &#38; Company Inc. Sym Last Chg Pct MKC 50.49 -0.13 -0.26% The &#8220;Chart of the Day&#8221; is McCormick &#38; Company (MKC), which showed up on Wednesday&#8217;s list of stocks that had a new &#8220;Buy&#8221; signal from the Barchart &#8220;TrendSpotter&#8221; trading system. McCormick on Wednesday rallied by 0.62% and posted a new all-time high of $50.68. In recent news on the stock, Jefferies on June 15 rated McCormick as a &#8220;Buy&#8221; in new coverage with a price target of $55. Davenport on May 16 raised McCormick to a &#8220;Buy&#8221; from &#8220;Neutral&#8221; with a target of $59. McCormick &#38; Company, with a market cap of $6.6 billion, ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MKC) McCormick &amp; Company Analyst Coverage Initiated at Neutral</title>
		<link>http://www.stockbloghub.com/2010/04/21/mkc-mccormick-company-analyst-coverage-initiated-at-neutral/34443</link>
		<comments>http://www.stockbloghub.com/2010/04/21/mkc-mccormick-company-analyst-coverage-initiated-at-neutral/34443#comments</comments>
		<pubDate>Wed, 21 Apr 2010 22:22:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Processed & Packaged Goods]]></category>
		<category><![CDATA[McCormick & Company Inc]]></category>
		<category><![CDATA[MKC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34443</guid>
		<description><![CDATA[We are initiating coverage on McCormick &#38; Co. Inc. (MKC) with a Neutral recommendation and a target price of $41.00. McCormick, founded in 1889 and based in Sparks, Maryland, is a leading manufacturer, marketer and distributor of spices, seasonings, specialty foods and flavors for the food industry across the globe. The company’s key sales, distribution and production facilities are located in North America and Europe. Furthermore, the company has facilities in Mexico, Central America, Australia, China, Singapore, Thailand and South Africa. McCormick conducts its business through two segments – Consumer and Industrial. The Consumer segment offers spices, herbs, extracts, seasoning blends, sauces, marinades, and specialty foods to the consumer food market. This segment primarily caters to retail outlets. The Industrial segment sells seasoning blends, natural spices and herbs, wet flavors, coating ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($PG) Procter &amp; Gamble Recalls Pringles Chips</title>
		<link>http://www.stockbloghub.com/2010/03/10/pg-procter-gamble-recalls-pringles-chips/30301</link>
		<comments>http://www.stockbloghub.com/2010/03/10/pg-procter-gamble-recalls-pringles-chips/30301#comments</comments>
		<pubDate>Thu, 11 Mar 2010 02:41:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Personal Products]]></category>
		<category><![CDATA[McCormick & Company Inc]]></category>
		<category><![CDATA[MKC]]></category>
		<category><![CDATA[PG]]></category>
		<category><![CDATA[Procter & Gamble Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30301</guid>
		<description><![CDATA[Recently, The Procter &#38; Gamble Company (PG) voluntarily recalled two flavors of Pringles Chips in response to the recommendation from the Food &#38; Drug Administration (FDA) to protect consumers from potential salmonella exposure. The flavors were Pringles Restaurant Cravers Cheeseburger potato crisps and Pringles Family Faves Taco Night potato crisps. However, the company confirmed that there have been no reports of salmonella-related illness in relation to these products. P&#38;G also confirmed that no other Pringles varieties or flavors were affected by this recall. These two products represent only 0.5% of Pringles&#8217; U.S. volume. Management at PG also mentioned that the safety of its products is its top priority and the company follows rigorous food safety and ingredient testing standards. Salmonella is a common food-related pathogen that can cause severe illnesses ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MKC) McCormick &amp; Company Barely Beats</title>
		<link>http://www.stockbloghub.com/2010/01/29/mkc-mccormick-company-barely-beats/26384</link>
		<comments>http://www.stockbloghub.com/2010/01/29/mkc-mccormick-company-barely-beats/26384#comments</comments>
		<pubDate>Sat, 30 Jan 2010 00:49:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Processed & Packaged Goods]]></category>
		<category><![CDATA[McCormick & Company Inc]]></category>
		<category><![CDATA[MKC]]></category>
		<category><![CDATA[UL]]></category>
		<category><![CDATA[Unilever plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26384</guid>
		<description><![CDATA[McCormick &#38; Company Inc. (MKC) posted robust fiscal 2009 fourth-quarter results before the opening bell on Thursday. The company recorded a 41% growth in GAAP net income to $116.4 million from $82.5 million in the year-ago quarter. Excluding restructuring charges, earnings per share came in at 91 cents per share, which edged past the Zacks Consensus Estimate of 90 cents. Net sales for the quarter increased 1.9% year-over-year to $924.5 million, primarily driven by a 4.3% growth in the Consumer Business segment partially offset by a 2.3% decline in the Industrial Business segment. The successful acquisition of Lawry&#8217;s and pricing actions undertaken by the company also helped the top-line expansion. McCormick acquired Lawry&#8217;s branded seasoning blends and marinades business from Unilever Plc. (UL) in 2008. The Consumer Business segment’s growth ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AZO) Earnings Preview for Sep 21 &#8211; 25 &#8211; Earnings Preview</title>
		<link>http://www.stockbloghub.com/2009/09/18/azo-earnings-preview-for-sep-21-25-earnings-preview/15616</link>
		<comments>http://www.stockbloghub.com/2009/09/18/azo-earnings-preview-for-sep-21-25-earnings-preview/15616#comments</comments>
		<pubDate>Fri, 18 Sep 2009 23:32:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[Lennar Corp.]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15616</guid>
		<description><![CDATA[We will get another look at initial third-quarter results with 11 S&#38;P 500 companies reporting. Included in this group are AutoZone (AZO), Bed, Bath &#38; Beyond (BBBY), General Mills (GIS), KB Home (KBH), Lennar (LEN) and Paychex (PAYX). A total of 33 companies are on the calendar. The Fed will hold a 2-day meeting starting on Tuesday. No change in rates is expected at either this or the November meeting. Traders will be looking for insight about the pace of recovery and updates on the various bailout programs. In addition to the Fed meeting, the economic calendar features August Leading Indicators and home sales data. Monday: August Leading Indicators Tuesday: Federal Housing Finance Agency (FHFA) House Price Index Wednesday: FOMC rate decision (about 2:10 pm), weekly crude inventories, weekly mortgage ]]></description>
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		</item>
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