Packaged Foods & Meats

Morgan Stanley is maintaining its Overweight rating on General Mills (NYSE: GIS), F2011 $2.47 EPS estimate, and $2.65 F2012 estimate, which represents 7% EPS growth, the low end of the company's long-term growth algorithm. While formal F12 guidance was not provided, management indicated that...

Morgan Stanley is maintaining its Overweight rating on General Mills (NYSE: GIS), F2011 $2.47 EPS estimate, and $2.65 F2012 estimate, which represents 7% EPS growth, the low end of the company's long-term growth algorithm. While formal F12 guidance was not provided, management indicated that...

Deutsche Bank's Buy opinion on General Mills (NYSE: GIS) is based on leading share in many U.S. categories, strong new products, LT productivity efforts, solid FCF and very reasonable valuation. Based on Deutsche Bank's initial work, valuation is even more compelling with the addition of Yoplait...

Analysts at BB&T Capital upgrade Tyson Foods Inc (NYSE: TSN) from “hold” to “buy.” TSN shares fell 0.21% to close at $19.00 yesterday. More Analyst Ratings here

US stock futures are higher this morning, as investors are awaiting economic data. Crude oil prices surged above $106 a barrel. Futures on the Dow Jones Industrial Average rose 44 points to 12,065.00 and S&P 500 futures gained 5.50 points to 1,297.60. Nasdaq 100 futures jumped 16 points to 2,...

European equity markets are shrugging off Spanish bank ratings downgrades and the resignation of Portugal's prime minister Thursday, as stocks are up broadly. Futures ares indicating a flat open for U.S. markets, with the S&P 500, Nasdaq, and Dow indicies all trading even to 0.1% higher. Best...

Accenture plc (NYSE: ACN) is projected to report its FQ2 EPS at $0.71 on revenue of $5.72 billion. Best Buy Co Inc (NYSE: BBY) is estimated to post its Q4 earnings at $1.85 per share on revenue of $16.29 billion. Oracle Corporation (NASDAQ: ORCL) is projected to report its FQ3 EPS at $0.49 on...

Coffee Holding Co., Inc. (NASDAQ: JVA) shares are higher today, gaining more than 6% on sharply higher than normal volume. At last check, shares were up 39 cents on more than 700,000 shares to $6.39, a gain of over 6%. Coffee Holding Co., Inc. operates as an integrated wholesale coffee roaster...

Starbucks Corporation (NASDAQ: SBUX) today hosted its 20th annual shareholders' meeting. The company highlighted the successful launch of its Starbucks VIA® Ready Brew platform and its recent announcements of strategic relationships with Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) and...

Shares of Green Mountain Coffee Roasters (NASDAQ: GMCR) are spiking on Wednesday after Starbucks (NASDAQ: SBUX) said it sees K-Cups adding $1 billion to the company's sales. The two companies recently announced a partnership whereby GMCR will distribute SBUX products via K-Cup. GMCR shares are...

Coffee companies are ticking higher today on increased volume, including Green Mountain Coffee (NASDAQ: GMCR), Starbucks (NASDAQ: SBUX), and Peet's Coffee (NASDAQ: PEET).

Deutsche Bank has issued a report on the analysis of the F3Q11 results of General Mills (NYSE: GIS). According to the report, "General Mills reports opr. F3Q11 (end Feb) EPS of $0.57 vs. our and cons. $0.56 est. EPS excl. $0.02 of 1-time items/mark-to-market hedges. Sales increased 2%, in line...

Gabelli has maintained its Hold Rating on Flowers Foods Inc (NYSE: FLO). According to the report, "Flowers continues to generate industry-leading sales growth and profits as the company expands organically into new territories, introduces new products and gains market share, while augmenting...

Pre-open movers US stock futures are higher this morning, as investors are awaiting new-home sales data. Crude oil prices surged above $105 a barrel. Futures on the Dow Jones Industrial Average gained 33 points to 11,988.00 and S&P 500 index futures rose 3.90 points to 1,292.20. Futures for the...

General Mills Inc (NYSE: GIS) reported its Q3 adjusted EPS at $0.56, versus the consensus of $0.56. The company reported its Q3 revenue at $3.65 billion, versus the consensus of $3.69 billion. GIS' total segment operating profit rose 10%. The company's net earnings increased 18% to $392 million....