Packaged Foods & Meats

Cusick's Corner The market is trading off the lows of the day and Retail, XRT, has been the focus today in front of a plethora of data and earnings which may be potentially volatile because the strength of the consumer has been under pressure due to energy price fluctuations and lackluster...

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...

By Justin Rohrlich After a major restructuring, one money manager believes the country's second-largest poultry producer is ready to run. As investors got spooked by the equity markets, many sought safety in commodities. The tremendous run-ups in everything from corn to gold has money manager...

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 (...

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...

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...

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...

Zhongpin Inc. (Nasdaq: HOGS) today announced that its board of directors has approved a stock repurchase program of up to $10 million of its outstanding stock over the next 12 months. The stock repurchase program was approved by Zhongpin's board of directors on July 5, 2011, became effective on...

Cusick's Corner Because of an absence of trading catalysts, the market is likely to stay in a range for the rest of the day and just continue to chop around. This makes the current market a little more difficult to trade, at least from a two-sided perspective. I previously noted that spreading...

For the longest time, well almost four years, it seemed like the Market Vectors Agribusiness ETF (NYSE: MOO) was immune to legitimate competition when it came to equity-based ETFs tracking the global agribusiness boom. Sure, MOO has a couple of competitors, but none can come close to boasting the $...

The train just doesn't stop here, does it? Shares of Coffee Holding Co.Inc. (NASDAQ: JVA) are at it again, today, gaining 18% on more than five times its average daily volume, as the market has run the course of its correction, and this stock is breaking out in a big way. Since April, shares have...

The market snapped out of its correction last week, with the three major indexes soaring around 5% each, and the coffee stocks were the group that was acting the strongest during the correction. Now that the correction appears to be over, these names are showing tremendous strength. With the...

Credit Suisse made a number of updates in a research report published today. Marathon Petroleum Corp (NYSE: MPC) had its coverage initiated with an Outperform rating and a price target of $55. On Thursday, MPC added 3.32% to its value to finish the day at $41.40. Its shares lost 1.57% of their...