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Zacks News
McCormick (MKC) Q2 Earnings, Revenues Beat on Acquisitions
by Zacks Equity Research
McCormick & Co. Inc. (MKC) posted second-quarter fiscal 2017 results, wherein both the company's earnings and revenues outpaced the Zacks Consensus Estimate. Shares were up 1.87% in the pre-market trading.
Campbell Down 10% in a Month: Can it Overcome Industry Woes?
by Zacks Equity Research
Campbell (CPB) has been losing investors' confidence of late, as the company has been bearing the brunt of a challenging macroeconomic scenario in the food industry.
Treehouse Foods a No-No Stock: What's Dragging it Down?
by Zacks Equity Research
Shares of food company Treehouse Foods, Inc. (THS) underperformed both the Zacks categorized industry and the broader Consumer Staples sector as can be seen in the past three months' performance.
Should You Get Rid of BRF S.A. (BRFS) Now?
by Zacks Equity Research
BRF S.A. (BRFS) is one stock you should avoid as it has seen a significant price decline and negative earnings estimate revisions.
Tyson Foods' Focus on Protein Brands Helps Propel Stock
by Zacks Equity Research
Shares of meat processor Tyson Foods, Inc. (TSN), which have declined around 2.0% in the past one year, have been rising higher since past one month.
Why United Natural (UNFI) is Losing Sheen Post Q3 Earnings?
by Zacks Equity Research
Shares of United Natural (UNFI) have declined almost 14% since the company reported disappointing third-quarter fiscal 2017 results on Jun 6.
Can SUPERVALU's (SVU) Strategic Efforts Help Gain Momentum?
by Zacks Equity Research
Shares of SUPERVALU (SVU) have been in the red zone of late, mainly due to its retail business that have been witnessing a slowdown.
Pinnacle Foods (PF) Shares Gaining Momentum: Here's Why
by Zacks Equity Research
Shares of packaged foods maker Pinnacle Foods, Inc. (PF) have been gaining momentum for the last one year. The company's strong brands portfolio, innovation programs, robust acquisitions and productivity efficiency are driving the stock.
Tyson Foods (TSN) Recalls Chicken Products on Allergen Risk
by Zacks Equity Research
Per the media, Tyson Foods, Inc. (TSN) is recalling nearly 2.5 million pounds of ready-to-eat breaded chicken owing to allergen risk. The possibility of breaded chicken containing milk, which acts as an allergen for many, was identified by a supplier on Jun 6.
Smucker (SJM) Beats Earnings and Revenues Estimates in Q4
by Zacks Equity Research
The J.M. Smucker Company (SJM) , a leading manufacturer of food products, posted fourth-quarter fiscal 2017 results wherein both earnings and revenues beat estimates. Notably, the company posted negative surprises in the past three straight quarters.
Nomad Foods (NOMD) Upgraded to Strong Buy: Should You Add?
by Zacks Equity Research
On Jun 7, 2017, we upgraded Nomad Foods Limited (NOMD) by a notch to a Zacks Rank #1 (Strong Buy) - manufacturer and distributor of frozen foods primarily in the U.K.
Here's Why McCormick (MKC) Should Be Added to Your Portfolio
by Zacks Equity Research
McCormick (MKC) looks promising supported by its portfolio, robust initiatives and impressive earnings history.
Will Sysco's (SYY) Strategic Efforts Help Sustain Momentum?
by Zacks Equity Research
Shares of Sysco Corporation (SYY) have exhibited a bullish run over the last year.
Can the Rally in SunOpta (STKL) Shares Continue?
by Zacks Equity Research
SunOpta, Inc. (STKL) has been on the move lately as the stock has risen by 33.8% in the past four weeks, and it is currently trading well above its 20-Day SMA
5 Food Stocks for Healthy Gains on Organic Food Trend
by Zacks Equity Research
Food majors are trying to improve their products through innovations as demand for organic food continues to grow in the U.S. We have handpicked five stocks that have gained in the current scenario and have the potential to further grow.
Smucker (SJM) Recalls Flour Products on Contamination Risk
by Zacks Equity Research
Per sources, a division of food manufacturer, The J. M. Smucker Company (SJM), announced that it is voluntarily recalling flour products on the grounds of contamination risk with E. coli 0121.
J. M. Smucker (SJM) Expands Portfolio with Wesson Oil Brand
by Zacks Equity Research
Food manufacturer The J. M. Smucker Company (SJM) inked an acquisition agreement with one of North America's largest packaged food companies ConAgra Brands Inc. (CAG) to acquire Wesson oil brand for about $285 million in cash.
Altria (MO) Optimistic on FDA's Filing of Heated Products
by Zacks Equity Research
Altria Group Inc. (MO) is encouraged by the fact that the U.S. Food and Drug Administration (FDA) has filed Philip Morris International, Inc.'s (PM) application for iQOS heated tobacco product.
Tyson Foods Prices Tender Offer for AdvancePierre Buyout
by Zacks Equity Research
Tyson Foods, Inc. (TSN) has agreed to sell its notes offering, in order to finance the previously announced acquisition of AdvancePierre Foods Holdings, Inc.
Will Estee Lauder's Strategic Efforts Help Gain Momentum?
by Zacks Equity Research
Estee Lauder Companies, Inc. (EL) has been gaining momentum of late. The company is well-positioned in the consumer product categories on the back of a strong portfolio, constant innovation and robust acquisitions.
Pinnacle Foods Scales 52-Week High on Strategic Initiatives
by Zacks Equity Research
Pinnacle Foods (PF) exhibited a bullish run over the past one year.
Philip Morris Hits 52-Week High on Growth Initiatives
by Zacks Equity Research
Shares of Philip Morris (PM) hit a 52-week high of $116.37 yesterday, though it closed a tad lower at $116.22.
New Strong Sell Stocks for March 8th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: