Packaged Foods & Meats

ConAgra Foods (NYSE: CAG) is down 3% in pre-market after reporting earnings. The company reported EPS of $0.47 vs. $0.48 estimate and revenues of $3.21B vs. $3.19B estimate. The company is trading at $24.60 in pre-market.

Deutsche Bank is out with its report today on General Mills (NYSE: GIS), maintaining Buy. In a note to clients, Deutsche Bank writes, "Our BUY opinion is based on leading share in many U.S. categories (cereal, refgd. dough, yogurt, cake mix), strong new products, LT productivity efforts, solid FCF...

ConAgra Foods Inc (NYSE: CAG) reported a strong year-over-year rise in its fiscal fourth-quarter net income on Thursday. ConAgra's earnings surged to $254.9 million, or $0.62 per share, from $90.6 million, or $0.20 per share, in the year-earlier period. Its adjusted earnings came in at $0.47 per...

ConAgra Foods (NYSE: CAG) today reported results for the fiscal 2011 fourth quarter, which ended May 29, 2011. As reported, diluted EPS from continuing operations was $0.62, 130% above the $0.27 earned in the year-ago period. Results include $0.15 of net benefit in the current quarter and $0.11...

US stock futures are lower this morning, after the Federal Reserve lowered its outlook for US economic growth. Futures on the Dow Jones Industrial Average dipped 45 points to 11,978.00 and futures on the S&P 500 stock index fell 6.10 points to 1,273.70. Nasdaq 100 futures dropped 8.50 points to...

 ( click to enlarge ) Netflix, Inc. (NASDAQ:NFLX) failed to hold the support of $252.22 signaling room for further weakness in the near term. Keep watching the stock for a major downmove if it breaks the next support at $247.29 on a close basis. With this recent fall, the daily relative...

Discover Financial Services (NYSE: DFS) is projected to post its Q2 EPS at $0.70 on revenue of $1.70 billion. H&R Block Inc (NYSE: HRB) is expected to report its Q4 earnings at $2.15 per share on revenue of $2.32 billion. Oracle Corp (NASDAQ: ORCL) is estimated to post its Q4 earnings at $0...

Below are the top processed & packaged goods stocks on the NYSE in terms of cash. Unilever NV (NYSE: UN) had $4.09 billion in total cash and $13.63 billion in total debt for the latest quarter. Sara Lee Corporation (NYSE: SLE) had $2.13 billion in total cash and $3.00 billion in total debt...

CNBC Fast Money's Brian Kelly said on the show that he wants to buy Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) on Thursday. Freeport-McMoRan Copper & Gold Inc. (FCX) lost 0.77% today, and it closed at $48.86. If you believe that the emerging markets will benefit from lower inflation,...

Cusick's Corner Uninspired - that's the type of action that we saw slipping into the evening. The Fed Chief spoke and the market held then pulled off in the last hour. This also coincided with the strength in the Dollar, DXU11 75.25, bouncing off the 21-Day Moving Average and the highest volume...

The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...

Shares of Campbell Soup Company (NYSE: CPB) are lower on the session by 0.73%, trading at $33.97. Overall put volume is now running at 6.97x the daily average, with 50% of all puts traded being purchases on the offer. 8,530 contracts have traded on the session so far. Campbell Soup Company...

Shares of Hain Celestial Group (NASDAQ: HAIN) are getting a boost in morning trading, gaining around 3% to $33.57. Ovver the last 6 months, HAIN is up 21%. Famed investor Carl Icahn is a large shareholder in HAIN. The Hain Celestial Group, Inc. manufactures, markets, distributes and sells organic...

The action is heating up again in Coffee Holding Co. (NASDAQ: JVA) on Wednesday. This stock has been a favorite of day traders, and has more than tripled in the last 6 months. Today, the shares have risen around 11% to $15.53. Volume is heavy, with more than 480,000 JVA shares trading hands...

Goldman Sachs is out with a research note this morning, where it suggests that traders buy puts on Campbell Soup Company (NYSE: CPB) ahead of its analyst day. Goldman Sachs Consumer Staples analyst Judy Hong rates shares Sell and sees 7% downside to her 12-month price target of $32. She expects...