Packaged Foods & Meats

Campbell Soup Company (NYSE: CPB) today announced that the company's Board of Directors declared a regular quarterly dividend on its capital stock of $0.29 per share. The quarterly dividend is payable May 2, 2011 to shareowners of record at the close of business on April 11, 2011.

The triple whammy of a magnitude 9.0 earthquake, resulting tsunami and ongoing nuclear power plant crisis has done more than engage the world in humanitarian aid for the Japanese - it has also tuned investors in to a stock market that is likely ripe with opportunity...

The triple whammy of a magnitude 9.0 earthquake, resulting tsunami and ongoing nuclear power plant crisis has done more than engage the world in humanitarian aid for the Japanese - it has also tuned investors in to a stock market that is likely ripe with opportunity...

Shares of Flowers Foods, Inc. (NYSE: FLO) are lower on the session by 0.26%, trading at $26.48. Overall put volume is now running at 47.79x the daily average, with 5% of all puts traded being purchases on the offer. 2,055 contracts have traded on the session so far. Flowers Foods, Inc. is a...

STOCKS ON THE MOVE YEAR HIGHS:(BRNC),(OME),(PVSW),(GENT)

Shares of ConAgra Inc (NYSE: CAG) gained about 1% after the company reported its FQ3 profit at $214.8 million, or $0.50 per share, compared with $229.6 million, or $0.51 per share, in the year-earlier period. The company's sales increased 4.1% to $3.15 billion. However, analysts were expecting...

According to Gabelli, General Mills (NYSE: GIS) continues to drive momentum in its faster growing, higher-margin categories, including Big G cereal, snacks and yogurt. Gabelli reported that, going forward, there is ample opportunity to continue to improve upon profitability, particularly its...

Credit Suisse has lowered General Mills' (NYSE: GIS) Price Target from $41.00 to $40.00. GIS has an Outperform Rating and closed at $36.24 yesterday.

BB&T Capital Markets has upgraded Smithfield Foods (NYSE: SFD) from Hold to Buy as margins for fresh pork and hog production have shown sustainability due to strong export demand and company efficiency. In the report, BB&T writes "We recently had the opportunity to meet with Smithfield's...

Smithfield Foods Inc (NYSE: SFD) was upgraded by BB&T Capital from "hold" to "buy." SFD's shares closed at $22.69 yesterday. Smithfield Foods' PEG ratio is 0.90. RW Baird upgraded Red Hat Inc (NYSE: RHT) from “neutral” to “outperform.” RHT's shares closed at $39.97 yesterday. Red Hat's...

General Mills (NYSE: GIS) this morning reported an in-line quarter, but the quarter was noisy and the quality was a bit light. Non-recurring gains and charges essentially offset each other, though the release gave undue attention to the gains which exacerbated quality concerns. Advertising was...

In terms of FY12, General Mills (NYSE: GIS) management hinted that that the growth expectation is in-line with long-term targets of +7%-9%. Bottom line is that with expectations that General Mills will manage commodity inflation in FY12 and grow EPS +7%-9%, Citi sees its and consensus' FY12 EPS...

Goldman Sachs is retaining its Neutral rating on shares of Dean Foods Company (NYSE: DF) after meeting with management. In a note to investors, Goldman writes, "Management cited noticeable differences in retailers' willingness to take pricing up, which is driving retailer gross margin up to mid-...

ConAgra Foods Inc (NYSE: CAG) reported its Q3 adjusted EPS at $0.50, beating the consensus of $0.47. CAG reported its Q3 revenue at $3.15 billion, versus the consensus of $3.13 billion. CAG shares fell 0.26% to close at $22.93 yesterday. Read more from Benzinga's Company news.

ConAgra Foods, Inc., (NYSE: CAG)today reported results for the fiscal 2011 third quarter ended Feb. 27, 2011. As reported, diluted EPS from continuing operations was $0.50, a 2% increase over the $0.49 earned in the year-ago period. Diluted EPS from continuing operations increased 16% after...