Consumer Staples

Reser's Fine Foods, Inc. and Vaughan Foods, Inc. (OTC: FOOD), today announced that they have entered into an agreement for Reser's to acquire Vaughan Foods for $18.25 million in cash. Vaughan's Board of Directors has unanimously approved the transaction, which is subject to approval from Vaughan's...

Shares of Hormel Foods Corporation (NYSE: HRL) are higher on the session by 0.58%, currently trading at $30.23. The stock has been moving largely higher over the past five months and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short...

CVS Caremark Corporation (NYSE: CVS) today announced that its Board of Directors has approved a quarterly dividend of $0.125 (12.5 cents) per share on the Common Stock of the Corporation, payable August 2, 2011 to holders of record on July 22, 2011.

Coffee Holding Co., Inc. (NASDAQ: JVA) shares are jumping again today, gaining nearly 9% on 700,000 shares. At last check, shares of the coffee company were trading at $20.23, a gain of $1.60‎ or 8.59%‎. Coffee Holding, along with other coffee stocks such as Green Mountain Coffee Roasters (...

PriceSmart Inc. (NASDAQ: PSMT) shares are trading at a new 52 week high, as the company has continued to expand its presence into new countries in Latin America. PriceSmart, which is similar to Costco (NASDAQ: COST), BJ's Wholesale (NYSE: BJ) and Sam's Club, is a membership-based retail chain, and...

Shares of Walgreen Co (NYSE: WAG) gained about 0.9% after the company reported a 4.8% rise in its June same-store sales. Analysts were expecting a 2.8% increase. Comparable results included a 4.7% rise in non-pharmacy front end sales. Its comparable pharmacy sales climbed 4.9%. Walgreen's total...

SodaStream International Ltd (NASDAQ: SODA) shares surged 7.03% to $75.35 at 10:25 am. The volume of SODA shares traded was 228% higher than normal. SODA reported that it will break ground on a new 850,000 square-foot manufacturing facility in Israel. Coffee Holding Co Inc (NASDAQ: JVA) shares...

PriceSmart Inc (NASDAQ: PSMT) shares rose 1.01% to create a new 52-week high of $54.16. PSMT's trailing-twelve-month ROE is 17.52%. Magma Design Automation Inc (NASDAQ: LAVA) shares gained 2.18% to create a new 52-week high of $8.42. LAVA shares have jumped 175.43% over the past 52 weeks, while...

TeamStaff Inc (NASDAQ: TSTF) dipped 15.79% to $1.12 at 9:55 am. TSTF's subsidiary, TeamStaff Government Solutions, received an Indefinite-Delivery/Indefinite Quantity (ID/IQ) prime contract award from the Naval Surface Warfare Center, Dahlgren Division. DragonWave Inc (NASDAQ: DRWI) fell 9.49% to...

Today the ISM Services index is scheduled to be released at 10:00 a.m. for June, and economists are expecting the reading to come in below May's reading, but still indicate expansion. Economists expect a reading of 54.0, which is down slightly from May's reading of 54.6, but it still indicates...

Piper Jaffray made a number of updates in a research report published today. Changyou.com (NASDAQ: CYOU) had its rating maintained at Overweight. At the same time, its price target was raised from $49 to $53. On Tuesday, CYOU closed the day at $45.32. Conway (NYSE: CNW) had its rating reiterated...

Walgreen Co (NYSE: WAG) reported a 4.8% rise in its June same-store sales. Analysts were expecting a 2.8% increase. Comparable results included a 4.7% rise in non-pharmacy front end sales. Its comparable pharmacy sales climbed 4.9%. Walgreen's total sales jumped 6.8% to $6.04 billion....

Neptune Technologies & Bioressources (Nasdaq: NEPT) announces that, following the announcement by Acasti Pharma, a subsidiary of Neptune, of a rights offering to its shareholders of record date July 5, 2011 and Neptune's announcement that the rights it would receive from Acasti would be...

According to Citi, Campbell Soup (NYSE: CPB) has struggled in recent years, with the most glaring issue being a decline of its U.S. Soup business. Citi said that at the upcoming analyst day on July 12th, it expects the new incoming CEO, Ms. Denise Morrison, to unveil her plan to restore CPB to...

Pre-open movers US stock futures are lower this morning, as investors are awaiting economic data. Futures on the Dow Jones Industrial Average dipped 40 points to 12,493.00 and futures on the S&P 500 stock index fell 6 points to 1,330.70. Nasdaq 100 futures dropped 6.25 points to 2,365.75. A...