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General Mills, Nestle In A Tussle For Yoplait
Tuesday, March 1, 2011 - 12:13am | 185Read More...General Mills (NYSE: GIS), the second-largest U.S. food company by market value, and Switzerland-based Nestle (PK: NSRGY), the world's largest publicly traded food, are reportedly among the top bidders for PAI Partners' 50% stake in Yoplait. Yoplait shareholders Sodiaal and PAI said in January that...
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Options Brief: Chiquita Brands International (CQB)
Monday, February 28, 2011 - 1:58pm | 95Read More...Shares of Chiquita Brands International (NYSE: CQB) are higher on the session by 3.95%, trading at $17.10. Overall call volume is now running at 2.44x the daily average, with 77% of all calls traded being purchases on the offer. 1,318 contracts have traded on the session so far. Chiquita Brands...
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Kraft Denied Injunction Against Starbucks (KFT, SBUX)
Friday, February 25, 2011 - 5:39pm | 237Read More...Kraft Foods (NYSE: KFT) announced today that the U.S. Court of Appeals for the Second Circuit upheld a lower court's ruling denying Kraft's request for a preliminary injunction against Starbucks Coffee Company. The injunction would have stopped Starbucks from unilaterally ending its strategic...
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Ruling In Favor Of Starbucks, Against Kraft (SBUX, KFT)
Friday, February 25, 2011 - 4:32pm | 31Read More...The court has ruled in favor of Starbucks (NASDAQ: SBUX) and against Kraft (NYSE: KFT).
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Kraft Foods Declares Dividend of $0.29
Friday, February 25, 2011 - 3:48pm | 45Read More...The Board of Directors of Kraft Foods Inc.(NYSE: KFT) has declared a regular quarterly dividend of $0.29 per common share of Class A stock. This dividend is payable on April 14, 2011, to stockholders of record as of March 31, 2011.
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Green Mountain Coffee Roasters Trading Lower Today (GMCR)
Friday, February 25, 2011 - 10:50am | 33Read More...Green Mountain Coffee Roasters (NASDAQ: GMCR) is trading lower today. At the time of posting, shares of GMCR were trading at $40.12, down 3.28% from Thursday's close.
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Calls Purchased on H. J. Heinz Company (HNZ)
Thursday, February 24, 2011 - 2:40pm | 142Read More...Shares of H. J. Heinz Company (NYSE: HNZ) are higher on the session by 1.60%, currently trading at $49.72. The stock had been moving largely lower over the past four months, but recently popped higher. It is currently trading above the 50-day and 200-day moving averages. Options traders are buying...
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News Summary
Thursday, February 24, 2011 - 10:32am | 222Read More...Shares of El Paso Corp (NYSE: EP) dropped about 2% after the company reported its Q4 earnings at $62 million, or $0.09 per share, versus $265 million, or $0.36 per share, in the year-earlier period. The company's adjusted net income came in at $0.20 per share. EP's revenue dropped to $984 million...
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Sanderson Farms Expects 2011 To Be A Tough Year
Thursday, February 24, 2011 - 10:18am | 180Read More...Jefferies & Company has published a research report on Sanderson Farms (NASDAQ: SAFM) after the company reported significant losses to EPS in its 1Q, falling below analyst estimates. In the report, Jefferies writes "SAFM reported an F1Q operating loss of $0.87, well below the Street estimate...
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Smart Balance Reports Q4 EPS of $0.01 vs. $0.02
Thursday, February 24, 2011 - 9:39am | 89Read More...Smart Balance, Inc. (Nasdaq: SMBL) today announced its financial results for the fourth quarter and year ended December 31, 2010. Net sales were $62.8 million in the fourth quarter of 2010, compared to net sales of $58.9 million in the fourth quarter of 2009, an increase of 6.5%. Earnings per...
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Heinz Chairman Expects Company to Report Third-Quarter EPS of $0.84
Thursday, February 24, 2011 - 8:55am | 56Read More...H.J. Heinz Company (NYSE: HNZ) expects to report “solid third-quarter results with earnings per share of around 84 cents,” Chairman, President and CEO William R. Johnson said today during his presentation at the annual conference of the Consumer Analyst Group of New York (CAGNY) in Boca Raton,...
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Why Unilever Could Bid for Colgate and Why Now
Wednesday, February 23, 2011 - 3:56pm | 157Read More...Unilever (NYSE: UL) aims to double its revenue within a decade, and Colgate-Palmolive (NYSE: CL) might help it get there. Under current CEO, Paul Polman, the consumer giant has been on an acquisition spree with the recent acquisitions of Sara Lee's European shower gel and detergents business and of...
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Hershey Sees 2011 EPS of $2.70 to $2.76
Wednesday, February 23, 2011 - 3:49pm | 145Read More...In a presentation today at the 2011 Consumer Analyst Group of New York conference, David J. West, President and Chief Executive Officer, The Hershey Company (NYSE: HSY), and J.P. Bilbrey Executive Vice President, Chief Operating Officer, reviewed progress the Company has achieved in its consumer-...
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Coca-Cola and Heinz Announce Partnership to Expand Use of PlantBottle Packaging
Wednesday, February 23, 2011 - 11:13am | 92Read More...The Coca-Cola Company (NYSE: KO) and H.J. Heinz Company (NYSE: HNZ) today announced a strategic partnership that enables Heinz to produce its ketchup bottles using Coca-Cola's breakthrough PlantBottle packaging. The PET plastic bottles are made partially from plants and have a lower reliance on...
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Top 4 Small-Cap Stocks In The Farm Products Industry With The Highest Operating Margin (GAGA, CALM, SEED, GLGL)
Wednesday, February 23, 2011 - 4:00am | 126Read More...Below are the top small-cap farm product stocks on the NYSE and the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Le Gaga Holdings Limited (NASDAQ: GAGA) is 28.10%. GAGA's revenue for the same period is $51.51 million. The trailing-twelve-month operating margin...

