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Zacks News
Coca-Cola (KO) to Buy AB InBev's Stake in CCBA for $3.15B
by Zacks Equity Research
The Coca-Cola Company (KO) has entered into an agreement to buy Anheuser-Busch InBev's (or AB InBev) stake in Coca-Cola Beverages Africa, or CCBA.
General Mills (GIS) Misses Q2 Earnings, Updates View
by Zacks Equity Research
General Mills, Inc. (GIS) reported second-quarter fiscal 2017 adjusted earnings per share of 85 cents that missed the Zacks Consensus Estimate of 88 cents by 3.4%.
Pinnacle Foods Upgraded to Buy: What's Driving the Stock?
by Zacks Equity Research
On Dec 20, Zacks Investment Research upgraded Pinnacle Foods, Inc. (PF) to a Zacks Rank #2 (Buy), probably driven by the company???s acquisitions and robust estimate revisions.
Can United Natural's (UNFI) Rally Continue Amid Headwinds?
by Zacks Equity Research
United Natural Foods Inc. (UNFI) has been enjoying a bullish run so far this year. During this period the stock has jumped 23.9%, compared with the Zacks categorized Food-Miscellaneous/Diversified industry's growth of 7.8%.
Dean Foods Hits 52-Week High: A Must-Add to Your Portfolio
by Zacks Equity Research
Dean Foods (DF) appears promising on the back of a robust brand portfolio, strategic measures, healthy financial status and third-quarter 2016 results.
Unilever to Boost Hair Care Portfolio with Living Proof Buyout
by Zacks Equity Research
Consumer products giant Unilever Plc (UL) announced that it will acquire Living Proof Inc., the innovative premium hair care business.
Archer Daniels Aims at Strategic Growth: Should You Hold?
by Zacks Equity Research
Shares of Archer Daniels (ADM) have climbed 24.7% on a year-to-date basis, outperforming the Zacks categorized Consumer Staples sector's growth of 0.9% mainly driven by the strategic initiatives undertaken to manage its business portfolio.
Mondelez Strong on Portfolio & Innovation: Should You Add?
by Zacks Equity Research
On Dec 15, we issued an updated research report on Mondelez International, Inc. (MDLZ) - one of the leading global snacks company.
TreeHouse Foods Continues to Face Headwinds: Time to Sell?
by Zacks Equity Research
TreeHouse Foods, Inc. (THS) has been facing weakness due to industry-wide headwinds and gross margin pressure.
General Mills (GIS) Bumps Up Fiscal 2017 Dividend by 8%
by Zacks Equity Research
General Mills Inc. (GIS) raised its annual dividend by 8%.
Dean Foods (DF) Looks Promising: What's Driving the Stock?
by Zacks Equity Research
Dean Foods Company's (DF) solid bull run is enough to attract investor attention.
Can Molson Coors' (TAP) Rally Continue Amid Headwinds?
by Zacks Equity Research
Molson Coors Brewing Company (TAP) has been enjoying a bullish run on the index over the past one year. We note that in the said period the stock has jumped 8.15% as against the Zacks categorized Beverages-Alcoholic Market industry's decline of 4.1%.
Kraft Heinz's (KHC) Growth Prospects Bright; Risks Remain
by Zacks Equity Research
On Dec 12, we issued an updated research report on The Kraft Heinz Company (KHC), the fifth-largest branded food and beverage company in the world.
TreeHouse Foods (THS) Recalls Products on Salmonella Risk
by Zacks Equity Research
TreeHouse Foods, Inc. (THS) recently recalled certain macaroni and cheese cup products containing cheddar cheese seasoning, after a supplier notified that the milk powder used in the seasoning might be contaminated with Salmonella.
Sysco (SYY) Shares on the Rise: What's Behind the Uptrend?
by Zacks Equity Research
Sysco Corp. (SYY) looks quite promising buoyed by its impressive earnings history and solid growth strategies. Driven by these factors, this Zacks Rank #2 (Buy) company hit a 52-week high of $55.29 on Dec 9.
Can Brown-Forman's Growth Initiatives Counter Headwinds?
by Zacks Equity Research
Brown-Forman (BF.B) commands a strong portfolio of globally recognized brands.
Pinnacle Foods Maintains 2016 View, to Provide 2017 Outlook
by Zacks Equity Research
Pinnacle Foods, Inc. (PF) recently reaffirmed its 2016 earnings guidance and announced that it will provide an initial outlook for 2017 earnings on Dec 15. The food company will also discuss 2016 performance on the said date.
United Natural (UNFI) Falls on Q1 Earnings and Sales Miss
by Zacks Equity Research
Shares of specialty foods distributor United Natural Foods, Inc. (UNFI) declined 4.26% in afterhours trading on Dec 7, after the company posted weaker-than-expected first quarter of fiscal 2017 results. Both earnings and revenues lagged the Zacks Consensus Estimate. Further, the company reiterated its fiscal 2017 view.
Zacks.com featured highlights: Lancaster Colony, Sucampo Pharmaceuticals, Citrix Systems, VMware and Sanchez Energy
by Zacks Equity Research
Zacks.com featured highlights: Lancaster Colony, Sucampo Pharmaceuticals, Citrix Systems, VMware and Sanchez Energy
The Zacks Analyst Blog Highlights: Lancaster Colony, Hormel Foods, Blue Buffalo Pet Products, Tate & Lyle and Wolters Kluwer N.V.
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Lancaster Colony, Hormel Foods, Blue Buffalo Pet Products, Tate & Lyle and Wolters Kluwer N.V.
Will Cost Saving Initiatives Drive Hershey Company (HSY)?
by Zacks Equity Research
Hershey's (HSY) shares have gained around 9.66% year to date, compared to the 3.6% decline of the Zacks categorized Food-Confectionary industry. However, its sales trend has been weak since 2014.
General Mills Plans to Restructure, Cut 400 to 600 Jobs
by Zacks Equity Research
General Mills Inc. (GIS) announced a restructuring plan at the close of its 150th anniversary celebrations.
B&G Foods (BGS) Takes Over Victoria Fine Foods for $70M
by Zacks Equity Research
B&G Foods, Inc. (BGS) has now taken over Victoria Fine Foods Holding Company and Victoria Fine Foods, LLC from Huron Capital Partners and other sellers for roughly $70 million in cash.
Archer Daniels Sells Stake in GrainCorp to Refine Portfolio
by Zacks Equity Research
Shares of Archer Daniels Midland Company (ADM) have moved up nearly 1.8% since its Dec 1, 2016 announcement of selling its stake in the Australian grain handler, GrainCorp Limited.
General Mills: Portfolio & Initiatives Solid, US Sales Low
by Zacks Equity Research
On Dec 2, we issued an updated research report on General Mills, Inc. (GIS), a global manufacturer and marketer of branded consumer food products through retail stores.