Packaged Foods & Meats

Analysts at Bank of America upgraded Symantec Corp (NASDAQ: SYMC) from “underperform” to “neutral.” SYMC's shares closed at $19.41 yesterday. Symantec's trailing-twelve-month revenue is $6.05 billion. Analysts at Argus upgraded Hershey Company (NYSE: HSY) from “hold” to “buy.” HSY's shares are...

By 11:35 am, the Dow Jones Industrial Average was down 19.67 points, or 0.16%, to 12,610.36, while the broader Standard & Poor's 500 index had dropped 0.51 point, or 0.04%. The NASDAQ composite index gained 3.38 points, or 0.12%. Some of the narrow based indexes that are supporting the...

Orbotech Ltd (NASDAQ: ORBK) shares moved up 9.31% to $13.85 at 11:20 am. The volume of ORBK shares traded was 550% higher than normal. ORBK reported its Q1 EPS of $0.31, versus the estimates of $0.25. Spartan Stores Inc (NASDAQ: SPTN) shares rose 2.28% to $16.18. The volume of SPTN shares traded...

Tyson Foods, Inc. (NYSE: TSN) today announced that its board of directors has reactivated a program, effective immediately, to repurchase up to approximately 22.5 million shares of Tyson's Class A common stock.

In conjunction with remarks today at the Goldman Sachs Consumer Products Symposium, General Mills (NYSE: GIS) said it remains on track to achieve its sales and earnings targets for the fiscal year ending May 29, 2011. The company reaffirmed fiscal 2011 earnings per share guidance of $2.46 to $2....

In a recent report, Deutsche Bank has reiterated a Buy rating and a $75.00 price target on Diamond Foods (NASDAQ: DMND) due to its expected acquisition of Pringles. In the report, Deutsche Bank said, "Although integration risk isn't to be ignored, the company has grown significantly in recent...

Green Mountain Coffee Roasters, Inc., (NASDAQ: GMCR), a leader in specialty coffee and coffeemakers, announced today that is has closed its underwritten public offering of 9,479,544 shares of its common stock, which includes 1,290,000 shares purchased by the underwriters pursuant to an...

By 10:20 am, the Dow Jones Industrial Average was down 62.55 points, or 0.49%, to 12,697.81, while the broader Standard & Poor's 500 index had dropped 5.02 points, or 0.37%. The NASDAQ composite index declined 1.42 points, or 0.05%. Some of the narrow based indexes that are still afloat in...

Globecomm Systems Inc (NASDAQ: GCOM) shares moved up 18.51% to $15.75 at 10:13 am. The volume of GCOM shares traded was 1328% higher than normal. GCOM reported a 35.1% y/y jump in its FQ3 service revenue. Rovi Corporation (NASDAQ: ROVI) shares rose 19.22% to $59.23. The volume of ROVI shares...

According to Jefferies, Snyder's-Lance (NASDAQ: LNCE) numbers are updated. Jefferies said that the actions taken over the next few quarters will go a long way in determining the ultimate success of the merger and much of that pressure will fall on Carl Lee's shoulders as he utilizes years of...

Deutsche Bank is reiterating its Hold rating and $12 price target on shares of Dean Foods (NYSE: DF) following earnings. In a note to investors, Deutsche Bank writes, "We see value in the WW-Alpro segment, but challenges continue for the larger FDD operation. Cost savings are critical to a...

Bank of America Merrill Lynch is out with its report today on Dean Foods (NYSE: DF), raising its price objective to $13. In a note to clients, Bank of America Merrill Lynch writes, "We are maintaining our Neutral rating as we believe the shares already reflect the improved outlook for milk...

Deutsche Bank has raised the price target on Dean Foods (NYSE: DF) from $10 to $12 and maintains its Hold rating.

  High yield bond ETFs concentrate on lower quality corporate bonds, which are considered riskier than higher-quality or more established companies. Because of this higher level of risk, high-yield bonds, also known as junk bonds, offer higher yields to investors. US high yield bond ETFs invest...

Cusick's Corner The mood in the market is more upbeat. Short-term market action broke through resistance of 1350 on the June S&P500 future which means that this move to the upside might have a fighting chance. Small Cap and Mid Cap stocks have been leading this market's move higher. Most...