Packaged Foods & Meats

Earnings Preview 12/17/10 The third quarter earnings season is over, and we will actually start to see a handful of fourth quarter reports this week, those with November fiscal ends. Next week only 32 firms will report, but 12 of those will be S&P 500 firms. We define any fiscal period ending...

With a heavy amount of January $17.50 calls bought near the close and with rumors circulating about a possible sale or breakup, Sara Lee (NYSE: SLE) spiked sharply into the close to close 5.3% higher than yesterday's close at $17.26.

Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) today announced that it has successfully completed its acquisition of LJVH Holdings Inc. for an aggregate cash purchase price of CAD$915 million, or USD$905 million, subject to adjustment for final exchange rate and future adjustment based on Van...

Shares of Dean Foods Company (NYSE: DF) are higher on the session by 0.43%, currently trading at $8.12. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...

J.P. Morgan said today that it is still bullish on shares of General Mills (NYSE: GIS). “While the market remains quite unenthusiastic about food stocks, we continue to view General Mills stock as an opportunity for investors with a 6- to 12-month horizon,” J.P. Morgan writes. “We are encouraged...

Del Monte Foods Company (NYSE: DLM) today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on February 3, 2011 to stockholders of record as of the close of business on January 20, 2011.

Earnings Preview 12/17/10 The third quarter earnings season is over, and we will actually start to see a handful of fourth quarter reports this week, those with November fiscal ends. Next week only 32 firms will report, but 12 of those will be S&P 500 firms. We define any fiscal period ending...

Omega Protein Corporation (NYSE: OME) today announced that it has acquired Cyvex Nutrition, Inc., a dietary supplement supplier based in Irvine, California.

General Mills (GIS) reported results for the second quarter of fiscal 2011. For the quarter, adjusted earnings decreased 1.3% to 76 cents a share compared with 77 cents in the year-ago period. The quarterly EPS was also below the Zacks Consensus Estimate of 78 cents by 2.6%. Profits were impacted...

Shares of Dean Foods Company (NYSE: DF) are higher on the session by 0.25%, trading at $8.05. Overall put volume is now running at 2.14x the daily average, with 40% of all puts traded being purchases on the offer. 3,902 contracts have traded on the session so far. Dean Foods Company is a food and...

Shares of Dean Foods Company (NYSE: DF) are higher on the session by 0.25%, trading at $8.05. Overall put volume is now running at 2.14x the daily average, with 40% of all puts traded being purchases on the offer. 3,902 contracts have traded on the session so far. Dean Foods Company is a food and...

General Mills (GIS) reported results for the second quarter of fiscal 2011. For the quarter, adjusted earnings decreased 1.3% to 76 cents a share compared with 77 cents in the year-ago period. The quarterly EPS was also below the Zacks Consensus Estimate of 78 cents by 2.6%. Profits were impacted...

At 11:41 am, the Dow gained 0.29% to 11,491, the broader Standard & Poor's 500 index moved up 0.44% to 1,241 and the NASDAQ composite index rose 0.68% to 2,635. The industries that are driving the market today are: Resorts & Casinos: This industry jumped 3.12% by 11:41 am. The top stock...