Packaged Foods & Meats

Stifel Nicolaus is out with its report today on ConAgra Foods (NYSE: CAG), maintaining Hold. In a note to clients, Stifel Nicolaus writes, "We continue with our Hold rating. We believe the shares' 10% discount to the food group appropriately discounts the weakened fundamental position while...

According to Jefferies, TreeHouse Foods (NYSE: THS) lowered FY11 EPS guidance by 8-10 cents as the pricing benefit will come later than previously expected. Jefferies said that retailers are pushing back more against multiple rounds of price increases given the state of the economy and consumer,...

According to Citi, ConAgra Foods (NYSE: CAG) finishes a tough F2011. Citi said that F2011 can only be characterized as a disappointing year for ConAgra as commodity inflation outpaced ConAgra's ability to increase pricing. “Additionally, during F2011, ConAgra reduced its long-term EPS growth...

Citigroup has raised the price target on Kellogg (NYSE: K) from $61 to $62 and maintains its Buy rating.

Below are the top mid-cap meat products stocks on the NYSE, the NASDAQ and the AMEX in terms of operating margin. The trailing-twelve-month operating margin at Hormel Foods Corporation (NYSE: HRL) is 9.41%. HRL's ROE for the same period is 19.14%. The trailing-twelve-month operating margin at...

Campbell Soup Company (NYSE: CPB) today announced that its Board of Directors has authorized a new share repurchase program. Under the new program, Campbell is authorized to purchase up to $1 billion of its outstanding shares in open market and privately negotiated transactions. The program has...

Campbell Soup Company (NYSE: CPB) announced today that the Board of Directors has elected Denise Morrison, 57, as President and Chief Executive Officer, effective Aug. 1, 2011, the first day of Campbell's next fiscal year. In October 2010, Morrison was named Executive Vice President and Chief...

Cusick's Corner Critical levels were broken in both equities and commodities and the Dollar currently is the trade. I did cover my short deltas this morning and am sitting flat but want to see if the Midday lows entice the Bid, seeing a little action in select names. In bond trading -- yields...

The stocks below are showing signs of, or already in the process of, breaking down as the smart money appears to be leaving them in a subtle manner. There are stocks trading at its peak and finally showing some vulnerability, while on the other extreme, there are stocks that have been in a channel...

By 10:33 am, the Dow Jones Industrial Average was down 195.60 points, or 1.62%, to 11,914.07, while the broader Standard & Poor's 500 index had dipped 19.31 points, or 1.50%. The NASDAQ composite index fell 27.31 points, or 1.02%. Some of the narrow based indexes that are still afloat in the...

Coffee Holding Co Inc (NASDAQ: JVA) shares surged 5.02% to $16.12 at 10:22 am. The volume of JVA shares traded was 245% higher than normal. JVA shares have jumped 209.48% over the past 52 weeks, while the S&P 500 index has gained 17.87% in the same period. Bed Bath & Beyond Inc (NASDAQ:...

Flow International Corporation (NASDAQ: FLOW) dipped 24.20% to $3.07 at 10:00 am. FLOW reported a 22% y/y rise in its Q4 consolidated revenue. Zion Oil & Gas Inc (NASDAQ: ZNWAW) shares dropped 22.84% to $3.04. Rainmaker Systems Inc (NASDAQ: RMKR) shares moved down 16.00% to $1.05. RMKR...

TreeHouse Foods (NYSE: THS) is down over 13% on the session after lowering its EPS guidance last night. The company cut its full year 2011 adjusted earnings per share guidance to a range of $2.90 to $3.00 with the second quarter results expected to be between $0.42 and $0.44 per share. TreeHouse...

Stifel Nicolaus is out with its report today on TreeHouse Foods (NYSE: THS), maintaining Hold. In a note to clients, Stifel Nicolaus writes, "We continue with our Hold rating as we maintain a cautious view of the EPS guidance for the full year and as we believe the multiple attached to the shares...

Shares of Lennar Corp (NYSE: LEN) gained about 1.8% after the company reported a 65% drop in its fiscal second-quarter net profit. Lennar's quarterly net profit fell to $13.8 million, or $0.07 per share, from $39.7 million, or $0.21 per share, in the year-earlier period. Its revenue declined 6% to...