Packaged Foods & Meats

Bank of America has raised the price objective on Green Mountain Coffee Roasters (NASDAQ: GMCR) from $105 to $120 and maintains its Buy rating.

Kellogg Co (NYSE: K) reported a 14% rise in its second-quarter profit. Kellogg reported its quarterly profit at $343 million, or $0.94 per share, up from $302 million, or $0.79 per share, in the year-ago period. Its sales climbed 11% to $3.39 billion. However, analysts were expecting a profit of $0...

Kellogg Co (NYSE: K) reported a 14% rise in its second-quarter profit. Kellogg reported its quarterly profit at $343 million, or $0.94 per share, up from $302 million, or $0.79 per share, in the year-ago period. Its sales climbed 11% to $3.39 billion. However, analysts were expecting a profit of $...

Kellogg Company (K): Q2 EPS of $0.94 beats by $0.03. Revenue of $3.39B (+10.6% Y/Y) beats by $100M. Reaffirms FY'11 EPS guidance of $3.33-3.40. BASF Sees Slowdown Germany's BASF, the world's largest chemicals company by sales, said it expects growth to [...]

Piper Jaffray reiterated its Overweight rating on Green Mountain Coffee (NASDAQ: GMCR). At the same time, the rating agency raised its price target on the company's stock from $95 to $117. On Wednesday, GMCR lost 4.29% of its value to finish the day at $88.11. Its shares are making a breath-taking...

Piper Jaffray has raised the price target on Green Mountain Coffee (NASDAQ: GMCR) from $95 to $117 and maintains its Overweight rating.

Astrazeneca PLC (NYSE: AZN) is expected to report its Q2 EPS at $1.80 on revenue of $8.19 billion. Exxon Mobil Corporation (NYSE: XOM) is projected to report its Q2 EPS at $2.33 on revenue of $121.39 billion. Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report its Q2 EPS at $0.55 on...

Some of the stocks that may grab investor focus today are: Wall Street expects Kellogg Company (NYSE: K) to report its Q2 EPS at $0.91 on revenue of $3.29 billion. Kellogg shares dropped 0.43% to close at $55.55 yesterday. Akamai Technologies Inc (NASDAQ: AKAM) reported its Q2 profit at $47.9...

Last month, eBay (EBAY) held an auction of a lunch with the famous billionaire investor Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B). The high bid at the auction was $2,345,678. With Buffett's outstanding track record, and investors willing to pay millions to have lunch with him to...

Coffee Holding Co., Inc. (NASDAQ: JVA) shares are soaring on strong earnings from Green Mountain Coffee Roasters (NASDAQ: GMCR). At last check, shares of Coffee Holding were trading at $19.25‎, up $2.01‎ or 11.66%‎ in after-hours.

Shares of Green Mountain Coffee Roasters (NASDAQ: GMCR) are trading higher in the after-hours following the release of the company's Q3 earnings results. Currently, shares are bid $103.01, at $103.33, up some 17%; they ended the regular session lower by 4.29%, at $88.11. Green Mountain Coffee...

Peet's Coffee & Tea, Inc. (NASDAQ: PEET) shares are moving nearly 2% higher in after-hours trading after Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) reported better than expected earnings.

Chiquita Brands International, Inc. (NYSE: CQB) today announced the successful completion of the previously announced refinancing of a portion of its capital structure. The related transactions described below reduce the company's interest expense, extend debt maturities and add operating...

Lockheed Martin Corp (NYSE: LMT) reported a 10% decline in its Q2 profit. Lockheed Martin's quarterly net earnings dropped to $742 million, or $2.14 per share, from $824 million, or $2.22 per share, in the year-earlier quarter. Its net sales increased to $11.55 billion from $11.28 billion....

This is your Benzinga news summary and traders' outlook for Tuesday, July 26, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher after strong earnings from several blue-chip companies. The U.S....