Packaged Foods & Meats

Flowers Foods (NYSE: FLO) has hit a 52-week high in today's trading. At last check the year-to-date performance of Flowers Foods has been a gain of 6.3%.

Best 1) Tasty Baking Company (NASDAQ: TSTY): Stock has jumped a resounding 146.58% to $3.96 after Flowers Foods (NYSE: FLO) revealed plans to buy the company for $4 per share in an all-cash arrangement. 2) Global Crossing (NASDAQ: GLBC): Surging 57.09% to $23.25 after Level 3 Communications (...

Best 1) Tasty Baking Company (NASDAQ: TSTY): Stock has jumped a resounding 145.96% to $3.96 after Flowers Foods (NYSE: FLO) revealed plans to buy the company for $4 per share in an all-cash arrangement. 2) Global Crossing (NASDAQ: GLBC): Surging 57.91% to $23.37 after Level 3 Communications (...

The Hershey Company (NYSE: HSY) has hit a 52-week high in today's trading. At last check the year-to-date performance of Hershey has been a gain of 20%.

J.M. Smucker Company (NYSE: SJM) has hit a 52-week high in today's trading. At last check the year-to-date performance of Smucker has been a gain of 12.2%.

Best 1) Tasty Baking Company (NASDAQ: TSTY): Stock has jumped a resounding 146.58% to $3.97 after Flowers Foods (NYSE: FLO) revealed plans to buy the company for $4 per share in an all-cash arrangement. 2) Global Crossing (NASDAQ: GLBC): Vaulting 76.16% to $26.22 after Level 3 Communications (...

Tasty Baking Company (NASDAQ: TSTY) shares surged 146.58% to $3.97 at 9:45 am. Flowers Foods Inc (NYSE: FLO) announced its plans to acquire TSTY for about $4.00 per share. Global Crossing Ltd (NASDAQ: GLBC) shares advanced 77.70% to $26.30. Level 3 Communications Inc (NASDAQ: LVLT) agreed to...

Hershey (NYSE: HSY) stock is up 1% in premarket trading after Goldman raises its recommendation on the company to Neutral.

Enjoy your food, but eat less. Avoid oversized portions. These messages from the 2010 Dietary Guidelines for Americans address the country's leading nutritional problem: the overconsumption of calories. With people increasingly looking for healthy foods in the right portions, ConAgra Foods (NYSE:...

You better figure out what you're gonna wear, because it's another manic merger Monday. So far, we've seen Level 3 Communications (NASDAQ: LVLT) buying Global Crossing Ltd. (NASDAQ: GLBC) for a 50%+ premium, as the company looks to expand its offerings across the globe. The deal is worth $23.04...

Tasty Baking Company (NASDAQ: TSTY) shares surged 142.24% to $3.90 in the pre-market session. Flowers Foods Inc (NYSE: FLO) announced its plans to acquire TSTY for about $4.00 per share. Global Crossing Ltd (NASDAQ: GLBC) shares advanced 53.72% to $22.75 in the pre-market session. Level 3...

Tasty Baking Resumes Trading (NASDAQ: TSTY)

Deutsche Bank has issued a report reiterating the Hold Rating on The Hershey Company (NYSE: HSY). According to the report, “We can't ignore the LT power of wholesale pricing on profits, especially assuming sugar and cocoa farmers plant more over time in reaction to high prices. But we retain our...

Quake damage and disruption underestimated — We have turned bearish on the auto sector, lowering our ratings across our coverage. Although sector share prices have fallen an average of 11% in the initial selloff following the March 11 earthquake, we do not think the fall in earnings and slowness of...

Investors are “clearly concerned” about General Mills, Inc.'s (NYSE: GIS) F2012 and the impact of inflation, Citi reports. “Additionally, General Mills trails the food manufacturing sector average P/E by 1 point at 14.0x CY2011 EPS,” Citi writes. “This is unusual as General Mills has historically...