Packaged Foods & Meats

A controversial credit downgrade of U.S. government long-term debt by Standard & Poor's late Friday has left global financial markets in tatters as stock investors struggle to find firm footing. Large or small, stocks are expected to take it on the chin early this week as governments wrestle...

A controversial credit downgrade of U.S. government long-term debt by Standard & Poor's late Friday has left global financial markets in tatters as stock investors struggle to find firm footing. Large or small, stocks are expected to take it on the chin early this week as governments wrestle...

Sara Lee (NYSE: SLE) unveils its next round of earnings this Thursday, August 11, 2011. Get the latest predictions in Benzinga's essential guide to the company's fourth quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of 20 cents/share and revenues of $2....

Dollar Thrifty Automotive Group Inc (NYSE: DTG) reported a 0.6% rise in its second-quarter net profit. Dollar Thrifty's quarterly net profit increased to $42.5 million, from $42.3 million, in the year-ago period. Its revenue dropped 0.3% to $395.1 million. Dollar Thrifty's earnings per share...

Deutsche Bank is out with a research report on Sara Lee (NYSE: SLE) and it has a Buy rating and a $22 price target on shares. In a note to clients, Deutsche Bank writes, "Sara Lee has been our top 2011 pick and continues to occupy that position. We continue to see risk / reward skewing favorably...

Tyson Foods Inc (NYSE: TSN) reported a decline in its fiscal third-quarter earnings. Tyson Foods reported its quarterly earnings at $188 million, or $0.51 per share, down from $242 million, or $0.65 per share, in the year-earlier period. The latest quarter earnings included a 5-cents-per-share...

This is your Benzinga news summary and traders' outlook for Monday, August 8, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are set for another weak morning as traders mull over the S&P credit downgrade of the...

SunOpta Inc. (Nasdaq: STKL) today announced that its indirect wholly-owned subsidiary, SunOpta Global Organic Ingredients Inc. has completed the acquisition of the assets and business of Lorton's Fresh Squeezed Juices, Inc.. Located in San Bernadino, California, Lorton's is a vertically...

Jefferies reiterated its Buy rating on Kraft Foods (NYSE: KFT). At the same time, the rating agency left its price target on the company's stock unchanged at $40. On Friday, KFT added 3.23% to its value to end the week at $34.87.

Deutsche Bank made a number of updates in a research report published today. Magna International (NYSE: MGA) had its rating reiterated at Hold. At the same time, its price target was reduced from $57 to $55. On Friday, MGA lost 10.92% of its value to end the day at $39.42....

US stock futures are lower this morning, after Standard & Poor's downgraded the US debt rating. Futures for the Dow Jones Industrial Average dipped 175 points to 11,227.00 and S&P 500 index futures fell 18.90 points to 1,178.90. Nasdaq 100 futures dropped 37.25 points to 2,149.75. US...

Dollar Thrifty Automotive Group Inc (NYSE: DTG) is projected to report its Q2 EPS at $1.37 on revenue of $408.57 million. MGM Resorts International (NYSE: MGM) is projected to report a FQ4 loss at $0.13 per share on revenue of $1.59 billion. 99 Cents Only Stores (NYSE: NDN) is expected to...

Some of the stocks that may grab investor focus today are: Wall Street expects Live Nation Entertainment Inc (NYSE: LYV) to report its Q2 EPS at $0.02 on revenue of $1.32 billion. LYV shares dipped 3.79% to close at $9.38 on Friday. Analysts are expecting Tyson Foods Inc (NYSE: TSN) to have...

Shares of H. J. Heinz (NYSE: HNZ) are higher on the session by 0.43%, trading at $50.40. Overall call volume is now running at 3.76x the daily average, with 44% of all calls traded being purchases on the offer. 1,169 contracts have traded on the session so far. H. J. Heinz Company together with...

Despite the better than expected jobs report this morning, stocks are plunging once as fears continue to abound out of Europe. The European Union as a whole is a bigger economy than the United States, and there is more uncertainty about what is ultimately going to happen in Europe than ever before...