We believe it’s critical to remain current with all food-related news and trends. This list is continually updated from thousands of sources around the web and is generated by topix.
Food news continually updated from thousands of sources around the net.
General Mills Inc reported a smaller-than-expected quarterly profit, hurt by lower sales of its yogurts and cereals in North America. REUTERS: General Mills Inc reported a smaller-than-expected quarterly profit, hurt by lower sales of its yogurts and cereals in North America.
American Century Companies Inc. bought a new stake in United Natural Foods, Inc. in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,456 shares of the company's stock, valued at approximately $531,000.
According to Zacks, "Mitsubishi UFJ's shares underperformed the industry on NYSE over the last six months. Though the negative interest rates in Japan and global growth concerns, along with strict regulations, remain headwinds, strong capital ratios and organic growth will likely support the company's bottom-line growth.
News stories about Eli Lilly and have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources.
Shares of Internationa Flavors & Fragrances, Inc. have been assigned an average rating of "Hold" from the seventeen research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating on the company.
Fayez Sarofim & Co. held its stake in ConAgra Foods Inc. during the second quarter, according to its most recent filing with the Securities and Exchange Commission.
Chr. Hansen says it has experienced one of its best ever years for APAC probiotics sales, driven by demand from infant nutrition firms and deeper consumer understanding across the region. Speaking to Editor-in-Chief Gary Scattergood at the recent Vitafoods Asia show in Singapore, APAC sales director Gernot Stadlmann assessed the factors behind the growth, paying particular attention to the buoyant China market.
An early dive into the Internet of Things landscape yielded sweet rewards for The Hershey Company once the chocolate manufacturer began tracking the weight of Twizzlers during production. That was the story Luis Morinigo, IoT and advanced analytics practice lead for Washington, D.C.-based solution provider New Signature, shared with a audience of midmarket IT leaders Monday evening at the Midsize Enterprise Summit.
Brokerages expect Snyder's-Lance, Inc. to post earnings per share of $0.34 for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Snyder's-Lance's earnings.
Analysts expect that ConAgra Foods Inc. will post $1.78 billion in sales for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for ConAgra Foods' earnings, with the highest sales estimate coming in at $1.80 billion and the lowest estimate coming in at $1.77 billion.
U.S. grains trader Bunge Ltd issued $1 billion of debt to replace a credit line financing a $946 million investment in a Malaysian palm oil company on Monday. The company, which is undergoing a massive restructuring to shore up earnings, issued $400 million five-year notes, at 3 percent, and $600 million of 10-year notes, at 3.75 percent, it said in a statement.
Local officials have backed away from offering a key incentive for a planned Tyson Foods Inc. chicken-processing plant in northeast Kansas. The Lawrence Journal-World reports Leavenworth County commissioners said Monday that they're no longer prepared to issue industrial revenue bonds for the $320 million project south of Tonganoxie.
Dean Foods and Campbell Soup are both consumer staples companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, earnings, risk, profitability, analyst recommendations, institutional ownership and dividends. Campbell Soup is trading at a lower price-to-earnings ratio than Dean Foods, indicating that it is currently the more affordable of the two stocks.
9/13/2017 - Performance Food Group had its price target raised by analysts at Morgan Stanley from $27.00 to $28.00. They now have an "equal weight" rating on the stock.
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They currently have a $50.00 target price on the stock, up from their previous target price of $44.00. Other equities research analysts have also issued research reports about the company.
BNP Paribas Arbitrage SA increased its stake in shares of SuperValu Inc. by 43.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 108,959 shares of the company's stock after buying an additional 32,996 shares during the period.