Packaged Foods & Meats

Hershey Co (NYSE: HSY) reported a strong rise in its Q2 profit. Hershey's quarterly profit surged to $130 million, or $0.56 per share, from $46.7 million, or $0.20 per share, in the year-earlier period. The company's revenue rose to $1.33 billion from $1.23 billion. Analysts were expecting...

Piper Jaffray is out with its report today on B&G Foods (NYSE: BGS), maintaining Neutral. In a note to clients, Piper Jaffray writes, "In 2010, BGS benefitted by 200bps from lower product costs, which we believe will be difficult to anniversary given the current inflation in non-discretionary...

Jefferies has published a report on McCormick & Co (NYSE: MKC) commenting broadly on strategic changes at the spice merchant. In the report, Jefferies wrote, "MKC is asserting its dominant position in spices and seasonings this summer. In the latest 12 week period in tracked channels MKC...

Morgan Stanley reiterated its Underweight rating on Sanderson Farms (NASDAQ: SAFM). At the moment, the rating agency has a price target of $33 placed on the company's stock. On Monday, SAFM lost 1.32% of its value to end the day at $46.16.

Lockheed Martin Corporation (NYSE: LMT) is projected to report its Q2 EPS at $1.93 on revenue of $11.42 billion. Ford Motor Company (NYSE: F) is estimated to report its Q2 earnings at $0.60 per share on revenue of $31.59 billion. Eastman Kodak Company (NYSE: EK) is expected to report a Q2 loss...

Kellogg Company (NYSE: K) announces its next round of earnings this Thursday, July 28, 2011. Here is Benzinga's everything-that-matters guide for this Thursday's second quarter earnings announcement. Earnings and Revenue: Wall Street expects a positive EPS of 91 cents per share and revenues...

Starbucks (NASDAQ: SBUX) releases its next round of earnings this Thursday, July 28, 2011. Get the latest predictions in Benzinga's essential guide to the company's third quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of 34 cents per share and revenues of $...

Mead Johnson Nutrition Company (NYSE: MJN) unveils its next round of earnings this Thursday, July 28, 2011. Here's Benzinga's essential guide to Mead Johnson Nutrition Company's second quarter earnings report. Earnings and Revenue: Wall Street expects a EPS of 69 cents per share and revenues of...

According to Deutsche Bank, Kraft Foods (NYSE: KFT), EPS estimates are revised. DB is announcing an increase in Kraft EPS estimates, reporting $2.23 (2011) and $2.46 (2012), up $0.02 and $0.04, respectively. Hold rating is reiterated and PT is set to $33.00. Kraft closed on Friday at $35.43.

Baker Hughes Inc (NYSE: BHI) reported a strong rise in its second-quarter net profit. Baker Hughes reported its quarterly net profit at $338 million, or $0.77 per share, up from $93 million, or $0.23 per share, in the year-ago period. Excluding items, the company's earnings came in at $0.93 per...

Zhongpin Inc. (Nasdaq: HOGS) today released the following statements: During its public conference call on July 19, 2011, Zhongpin refuted defamatory allegations contained in a report published by China Economic Review that was dated July 8, 2011. The conference call also included a question and...

Cal Maine Foods Inc (NASDAQ: CALM) reported upbeat Q4 profit on Monday. Cal Maine reported its quarterly net income at $7.3 million, or $0.30 per share, versus $21.0 million, or $0.88 per share, in the year-ago period. Its sales surged 9% to $242.4 million. Analysts were expecting earnings of $0....

Great Basin Gold (NYSE: GBG) is trading up over 5% as gold has advanced to record highs. E*Trade Financial (NASDAQ: ETFC) is trading up over 5% after the company's largest shareholder Citadel demands special shareholder meeting, repeats need to remove 2 directors. Cal-Maine Foods (NASDAQ: CALM)...

Below are the top small-cap processed & packaged goods stocks on the NYSE and the NASDAQ in terms of cash. J & J Snack Foods Corp (NASDAQ: JJSF) had $121.99 million in total cash and $743.00 thousand in total debt for the latest quarter. B&G Foods Inc (NYSE: BGS) had $99.57 million in...

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...