Packaged Foods & Meats

This is a stock screen similar to "Stocks That Are Breaking Down" (but just the exact opposite). A lot of these stocks are positioned for breakouts in the near future. If you are a momentum trader, you have to take a look at the charts of each of these stocks listed below. Each of the stocks below...

ConAgra Foods, Inc., (NYSE: CAG) today announced the purchase, effective June 9, 2011, of the Marie Callender's® brand trademarks from Marie Callender Pie Shops, Inc., for a price of $57.5 million. Marie Callender Pie Shops, Inc. operates the Marie Callender's® Restaurant & Bakery chain in...

I cannot personally keep up with GMCR's menagerie of numbers, but Sam Antar is on top of these in the way an accountant who thinks in numbers might be. Here's his recent analysis of sales returns reserves and allowance for doubtful accounts. - Ilene of Phil's Stock World  Courtesy of Sam Antar ...

Sara Lee Corp. (NYSE: SLE) today provided an update on its separation into two publicly-traded pure-play companies at the Deutsche Bank Global Consumer Conference in Paris, France. Jan Bennink, executive chairman, and Marcel Smits, chief executive officer, both noted that the separation is...

Shares of Honda Motor Co (NYSE: HMC) fell about 0.6% after the company projects a 63.5% drop in its profit for the current fiscal year. Honda expects a profit of 195 billion yen ($2.4 billion) for the current fiscal year, down from 534 billion yen in the last fiscal year. However, analysts expected...

In conjunction with remarks today at the Deutsche Bank Global Consumer Conference in Paris, France, General Mills (NYSE: GIS) reaffirmed its sales and earnings targets for the fiscal year that ended May 29, 2011. The company reiterated fiscal 2011 earnings per share guidance of $2.46 to $2.48...

General Mills Inc (NYSE: GIS) affirmed its sales and earnings forecast for fiscal 2011. General Mills projects adjusted earnings of $2.46 to $2.48 per share. versus analysts' estimates of $2.48 per share for the year. The company plans to report its results on June 29. GIS shares gained 1.41% to...

Agilysys Inc (NASDAQ: AGYS) is projected to post a Q4 loss at $0.27 per share on revenue of $158.78 million. FactSet Research Systems Inc (NYSE: FDS) is estimated to post its Q3 earnings at $0.92 per share on revenue of $183.10 million. Capstone Turbine Corp (NASDAQ: CPST) is expected to post a...

It's late in coming tonight, but as promised here are the myriad of stocks that I am watching for tomorrow - a few long setups and a few short ones as well.  LONG: Omega Protein (OME)   Read more...

Shares of Sanderson Farms (NASDAQ: SAFM) are trading around 4% higher during Monday's session. The stock is currently trading at $42.28. SAFM shares have lost a little more than 9% over the last 3 months. The stock trades at a trailing P/E of 29.40 and a forward P/E of 14.76. The median Wall Street...

Shares of Tyson Foods, Inc. (NYSE: TSN) are higher on the session by 2.39%, trading at $17.53. Overall call volume is now running at 3.13x the daily average, with 44% of all calls traded being purchases on the offer. 5,689 contracts have traded on the session so far. Tyson Foods, Inc. is a meat...

Jefferies reiterated its Buy on Smithfield Foods (NYSE: SFD). At the same time, Jefferies lowered its price target on the company's stock from $26 to $24. In a research report published today, Jefferies stressed that Smithfield's traders are currently undervalued, in spite of the company's problems...

Jefferies & Company has lowered the price target on Smithfield Foods (NYSE: SFD) from $26 to $24 and maintains its Buy rating.

Jefferies & Company has raised the price target on JM Smucker (NYSE: SJM) from $68 to $82 and maintains its Hold rating.

Coffee Holding Co., Inc. (NASDAQ: JVA) is up another 25% today, tacking on to yesterday's 45% gain. The reason for the tremendous move is the company's low float, small market cap, and relative obscurity by analysts. After the company reported strong earnings yesterday, reporting 22 cents per...