Packaged Foods & Meats

Shares of Lennar Corp (NYSE: LEN) fell about 0.8% after the company swung to a FQ1 profit of $27.4 million, or $0.14 per share, from a loss of $6.5 million, or $0.04 per share, in the year-earlier period. The company's revenue fell 2.9% to $558 million. LEN's deliveries dropped 4% to 1,923 homes...

J.P. Morgan is out with its report today on McCormick & Co. (NYSE: MKC), maintaining Neutral. In a note to clients, J.P. Morgan writes, "Though EPS beat and margins were outstanding, we believe that many staples investors today are more concerned with top line growth than usual. The headline...

Smart Balance, Inc. (NasdaqGM: SMBL) announced today that the Company completed the Stock Option Exchange Program for employees that was approved by the Company's stockholders at its February 15, 2011 Special Meeting of Stockholders. The Company indicated that a total of 2.5 million stock options...

Pre-open movers US stock futures are slightly higher this morning, as investors are awaiting data on home prices and consumer confidence. Futures on the Dow Jones Industrial Average gained 18 points to 12,132.00 and S&P 500 index futures climbed 1.80 points to 1,304.00. Nasdaq 100 futures rose...

McCormick & Company Inc (NYSE: MKC) reported its Q1 EPS at $0.57, versus the consensus of $0.54. MKC reported its Q1 revenue at $782.8 million, versus the consensus of $802.91 million. MKC shares closed at $49.61 yesterday. Read more from Benzinga's Company news.

US stock futures are higher this morning, as investors are awaiting data on home prices and consumer confidence. Futures on the Dow Jones Industrial Average gained 24 points to 12,138.00 and S&P 500 index futures climbed 2.70 points to 1,304.90. Nasdaq 100 futures rose 6.75 points to 2,302.50...

Apollo Group Inc (NASDAQ: APOL) is expected to report its FQ2 EPS at $0.69 on revenue of $1.03 billion. Landec Corporation (NASDAQ: LNDC) is projected to post its Q3 earnings at $0.07 per share on revenue of $66.75 million. McCormick & Company Incorporated (NYSE: MKC) is expected to report...

Some of the stocks that may grab investor focus today are: Wall Street expects McCormick & Company Incorporated (NYSE: MKC) to report its Q1 EPS at $0.54 on revenue of $802.91 million. MKC shares closed at $49.61 yesterday. Lennar Corporation (NYSE: LEN) is estimated to post a Q1 loss at $0....

Remember when then-Fed Chairman Alan Greenspan made his famous comment about the "irrational exuberance" of the world's stock markets in 1996? There's another side to that coin, it's when traders dump a stock without pause. Let's call it an "irrational apathy...

Remember when then-Fed Chairman Alan Greenspan made his famous comment about the "irrational exuberance" of the world's stock markets in 1996? There's another side to that coin, it's when traders dump a stock without pause. Let's call it an "irrational apathy...

The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a multinational marketer of consumer-branded food and meat products, has declared a regular quarterly dividend of twelve and three-quarter cents (12.75¢) per share on the common stock of the corporation

Shares of Cal-Maine Foods (NASDAQ: CALM) are higher on the session by 7.76%, currently trading at $29.98. The stock had been moving largely lower over the past six months, though it is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name...

Rural/Metro Corporation (NASDAQ: RURL) shares moved up 36.33% to $17.11 at 10:25 am. The volume of RURL shares traded was 16277% higher than normal. Warburg Pincus announced its plans to acquire RURL for about $438.2 million. Spectrum Control Inc (NASDAQ: SPEC) shares rose 40.33% to $19.66. The...

Estimated industry losses have moderated some recently, due to an improvement in breast meat pricing, BB&T Capital reports. “We do not believe that demand has ticked up materially, but rather, that lower slaughter and weight reductions have started to positively impact the market,” BB&T...

Morgan Stanley is out with its report today on Smithfield Foods (NYSE: SFD), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "We remain Equal-weight after the USDA released its Quarterly Hogs and Pigs report, which we expect to be slightly bearish lean hogs. While Smithfield...