Packaged Foods & Meats

Trading Halted: Smithfield Foods (NYSE: SFD), News Pending

Tofutti Brands (NYSE: TOF) says total assets, retained earnings, and holders' equity affected. Company to restate them.

After the market open, here are some companies trading at or near 52-week highs: Fastenal Company (NASDAQ: FAST) at $69.56, up 4.22% from Tuesday's close; Alcoa (NYSE: AA) at $18.23, up 1.00% from Tuesday's close; Noble Energy (NYSE: NE) at $46.20, up 1.33% from Tuesday's close; Stericycle (...

Diamond Foods Inc (NASDAQ: DMND) was downgraded by BB&T Capital from "buy" to "hold." DMND's shares closed at $61.06 yesterday. Diamond Foods' trailing-twelve-month profit margin is 4.41%. Morgan Stanley downgraded Cablevision Systems Corporation (NYSE: CVC) from “equal weight” to “under...

Investors in dividend paying stocks might want to take a different approach to looking for stocks. Many stock traders look for short squeeze plays. These are stocks that have a large number of shares that have been shorted. Traders are hoping that on any good news, the short sellers will jump at...

On CNBC's Fast Money, Brian Kelly suggested that investors should buy Tyson Foods, Inc. (NYSE: TSN) on Wednesday. Tyson Foods, Inc. (TSN) fell 0.63% today, and it closed at $18.90. Guy Adami thinks that Becton, Dickinson and Co. (NYSE: BDX) should be bought tomorrow. Becton, Dickinson and Co. (...

Cusick's Corner The grind continued into the close. Overnight markets will be watched closely, especially in China and then early morning the EU. In China there is growing speculation that the tightening has slowed growth and now there is potential evidence in inventory builds, most notably...

Among the biggest gainers on Monday, with the exception of National Semiconductor (NYSE: NSM), which has surged 71.29% to $24.10 after agreeing to be acquired by Texas Instruments (NYSE: TXN), are Cubist Pharmaceuticals (NASDAQ: CBST), Diamond Foods (NASDAQ: DMND) and Questcor Pharmaceuticals (...

Cubist Pharmaceuticals Inc (NASDAQ: CBST) shares moved up 16.63% to $29.45 at 10:08 am. The volume of CBST shares traded was 1353% higher than normal. CBST settled a patent lawsuit with Teva Pharmaceuticals (NASDAQ: TEVA) related to its Cubicin drug. Diamond Foods Inc (NASDAQ: DMND) shares rose 10...

Layne Christensen Company (NASDAQ: LAYN) shares jumped 6.26% to create a new 52-week high of $37.34. LAYN reported upbeat Q4 results. Questcor Pharmaceuticals Inc (NASDAQ: QCOR) shares gained 20.64% to touch a new 52-week high of $18.00. QCOR issued upbeat Q1 revenue projections. Diamond Foods...

Shares of Diamond Foods Inc (NASDAQ: DMND) gained about 8% after Procter & Gamble Co (NYSE: PG) announced its plans to sell its Pringles business to Diamond Foods in a deal valued at $2.35 billion. Shares of National Semiconductor Corp (NYSE: NSM) jumped around 72% after Texas Instruments Inc...

Smart Balance, Inc. (NasdaqGM: SMBL) announced today that GFA Brands, Inc., a wholly owned subsidiary, successfully closed an amended and upsized credit agreement, in a transaction that was significantly oversubscribed by the banking community. The new $150 million secured credit facility replaces...

According to Deutsche Bank, McCormick (NYSE: MKC) retains its Buy opinion. Deutsche Bank reported that it believes LT goals (4-6% sales, 9-11% EPS) can be achieved and thus valuation can still modestly expand. “In addition share leadership, new products, solid profitability, productivity programs...

Diamond Foods, Inc. (NASDAQ: DMND) and The Procter & Gamble Company (NYSE: PG) today announced the signing of a definitive agreement to merge the Pringles business into Diamond Foods in a transaction valued at $2.35 billion.

Trading Halted: Diamond Foods (NASDAQ: DMND), news pending