Packaged Foods & Meats

Deutsche Bank made a number of updates in a research report published today. Flowers Foods (NYSE: FLO) had its rating reinstated at Hold. At the same time, its price target was reduced from $25 to $20. On Monday, Flowers added 0.25% to its value to end the day at $21.74. Medicis Pharmaceutical (...

Deutsche Bank is out with its report today on Flowers Foods (NYSE: FLO), maintaining Hold. In a note to clients, Deutsche Bank writes, "Although we believe in the logic behind the recent Tasty Baking acquisition and Flowers' more aggressive LT approach to M&A in the consolidating baked goods...

Deutsche Bank has reinstated coverage on Flowers Foods (NYSE: FLO) with a Hold rating and has lowered the price target from $25 to $20.

Coffee Holding Co., Inc. (NASDAQ: JVA) shares have cooled off in recent sessions, after having been piping hot when the company reported earnings. At last check, shares of Coffee Holding Co. were trading at $14.36, a loss of $1.33‎ or 8.48%‎ on 900,000 shares. Coffee Holding Co., Inc. engages in...

(TheStreet) -- Technology, financials and conglomerates were leading stocks higher as austerity plan negotiations in Greece and deficit reduction talks in Washington heat up. The Dow Jones Industrial Average was up by 105 points, or 0.9%, at 12,040. The S&P 500 was higher by 10 points, or 0.8...

Innospec Inc (NASDAQ: IOSP) shares surged 5.12% to $32.44 at 11:40 am. The volume of IOSP shares traded was 197% higher than normal. IOSP shares have jumped 200.20% over the past 52 weeks, while the S&P 500 index has gained 17.80% in the same period. EZCORP Inc (NASDAQ: EZPW) shares moved up 6...

Zhongpin Inc (NASDAQ: HOGS) shares fell 12.02% to create a new 52-week low of $9.66. HOGS is scheduled to meet with institutional investors at the Oppenheimer 11th Annual Consumer Conference in Boston on June 28 and 29. Pozen Inc (NASDAQ: POZN) shares dropped 0.69% to create a new 52-week low of $...

Chiquita Brands International, Inc. (NYSE: CQB) today announced that it has commenced a refinancing of a portion of its existing indebtedness, including its 8 7/8% Senior Notes due 2015 and existing Senior Credit Facility. As part of the refinancing, the company has commenced a cash tender offer (...

Smithfield (NYSE: SFD) looking for acquisitions and could be targeting Sara Lee (NYSE: SLE). Read more from this Bloomberg story.

Analysts at HSBC upgraded BHP Billiton Limited (NYSE: BHP) from “neutral” to “overweight.” BHP's shares closed at $88.61 on Friday. BHP's PEG ratio is 0.93. Analysts at Goldman Sachs upgraded ConAgra Foods Inc (NYSE: CAG) from “neutral” to “buy.” CAG's shares closed at $25.20 on Friday. ConAgra's...

According to Goldman Sachs, ConAgra (NYSE: CAG) shares are upgraded to Buy. Goldman Sachs said that CAG has modest leverage and strong FCF and we believe its recent Ralcorp offer shows a new willingness to aggressively utilize its available capital. “We are raising our 12-month P/E derived price...

JP Morgan is reiterating its Overweight rating on General Mills, Inc. (NYSE: GIS). “We continue to like Mills given better pricing, forthcoming innovation, and an improving U.S. cereal category,” JP Morgan writes. “Additionally, we suspect the announced Yoplait acquisition could prove accretive,...

Pre-open movers US stock futures are higher this morning, as investors are awaiting data on consumer spending. Futures on the Dow Jones Industrial Average surged 26 points to 11,907.00 and futures on the S&P 500 stock index rose 4.20 points to 1,267.20. Nasdaq 100 futures jumped 7.75 points to...

Morgan Stanley reiterated its Equal-Weight rating on Smithfield Foods (NYSE: SFD). At the moment, Morgan Stanley does not have a price target placed on the company's stock. On Friday, Smithfield added 0.41% to its value to close the week at $21.87.

Goldman Sachs has upgraded ConAgra (NYSE: CAG) from Neutral to Buy and has raised the price target from $28 to $31.