Packaged Foods & Meats

Williams-Sonoma Inc (NYSE: WSM) reported a 62% rise in its fiscal first-quarter net income. Williams-Sonoma reported a quarterly profit at $31.6 million, or $0.29 per share, versus $19.5 million, or $0.18 per share, in the year-ago period. Its adjusted earnings came in at $0.30 per share. The...

Deutsche Bank commented on Campbell Soup (NYSE: CPB) in a report released yesterday. In the report, Deutsche Bank was mixed in its outlook for the soup maker. Deutsche Bank writes, “We retain our Hold opinion and wait for F2012 along with updated goals. But with a solid BS/FCF, the stock's...

J.P. Morgan is out with its report today on SodaStream International (NASDAQ: SODA), raising its PT from $38 to $50. In a note to clients, J.P. Morgan writes, "We rate SodaStream International Neutral. While the growth profile for SODA is likely the highest of any company in our universe, we think...

JP Morgan has raised the price target on Campbell Soup Company (NYSE: CPB) from $31 to $32 and maintains its Neutral rating.

General Mills (NYSE: GIS) has agreed to buy a controlling 51 percent stake in French yogurt maker Yoplait SAS for approximately $1.15 billion. Negotiations began in March with the French private equity firm PAI Partners, though GISD had a head start as it has held the US license for Yoplait for 34...

General Mills (NYSE: GIS) announced today that it had acquired a controlling stake in yogurt maker Yoplait for $1.15 billion. The company is buying a 51% stake in Yoplait and a 50% stake in the entity that controls the Yoplait brand from a French private-equity firm. French dairy cooperative...

The Hershey Company (NYSE: HSY) today announced that John P. Bilbrey, Executive Vice President, Chief Operating Officer, has been named interim President and Chief Executive Officer. Bilbrey replaces David J. West, President and Chief Executive Officer, who has informed the Board of Directors...

General Mills (NYSE: GIS) said today that it signed definitive agreements with PAI partners and Sodiaal to acquire a 51 percent controlling interest in Yoplait S.A.S. and a 50 percent interest in a related entity that holds the worldwide Yoplait brands for approximately €810 million. Sodiaal, the...

On CNBC's Fast Money, Tim Seymour said that investors should start to buy iShares MSCI Emerging Markets Index (ETF) (NYSE: EEM). iShares MSCI Emerging Markets Index (ETF) (EEM) gained 0.32% today, and it closed at $47.00. Guy Adami likes The J.M. Smucker Company (NYSE: SJM), and wants to buy it...

Shares of Cosan Limited (NYSE: CZZ) are lower on the session by 0.27%, currently trading at $11.00. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...

Shares of General Mills, Inc. (NYSE: GIS) are higher on the session by 0.20%, trading at $39.69. Overall call volume is now running at 3.52x the daily average, with 0% of all calls traded being purchases on the offer. 20,080 contracts have traded on the session so far. General Mills, Inc. is a...

BB&T Capital downgraded Ralcorp Holdings Inc (NYSE: RAH) from “buy” to “hold.” RAH's shares closed at $89.78 yesterday. Ralcorp's trailing-twelve-month profit margin is 5.62%. Analysts at Citigroup downgraded FXCM Inc (NYSE: FXCM) from “hold” to “sell.” FXCM's shares closed at $9.97 yesterday...

JP Morgan has raised the price target on JM Smucker Company (NYSE: SJM) from $72 to $82 and maintains its Overweight rating.

The Japanese currency has been losing ground against the euro in today's early trading. The yen is falling against the European currency on merger rumors and Portugal bailout. Rumors are spreading that a number of Japanese companies are planning overseas acquisitions, which will require them to...

The J. M. Smucker Company (NYSE: SJM) today announced that it has completed an acquisition of the coffee brands and business operations of Rowland Coffee Roasters. Rowland Coffee's products are primarily sold under the leading Hispanic Cafe Bustelo and Cafe Pilon brands with distribution in...