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Posts related to ‘Food’

Kraft Gets IRS Nod for Spin-off

Posted: May 18, 2012 at 9:59 am

Kraft Foods Inc. (NYSE: KFT) announced this morning that it has received a “favorable private letter ruling” from the US Internal Revenue Service “confirming the tax-free status of the planned ...
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Smucker’s Drops Coffee Prices: Will Others Follow?

Posted: May 15, 2012 at 8:59 am

Food processor J.M. Smucker Co. (NYSE: SJM) announced this morning that it was lowering the price on its coffee brands by an average of 6% “in response to sustained declines ...
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Monster… A Tale of Earnings Clouded By M&A Dreams (MNST, KO, PEP)

Posted: May 10, 2012 at 9:02 am

Monster Beverage Corporation (NASDAQ: MNST) is looking like a monster all on its own after earnings this morning.  The specialty energy drink maker is seeing shares rise in the double-digit ...
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Green Mountain Loses Founder Over Stock Sale Conflict (GMCR)

Posted: May 9, 2012 at 9:14 am

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is seeing its situation go from bad to worse.  Now there is a management shuffle at the top due to inconsistent stock sales ...
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Fertilizer Maker Makes Hay on Nitrogen (AGU, CF, POT, MOS, MON)

Posted: May 9, 2012 at 8:33 am

Getting any respect in the fertilizer business has been pretty tough so far this year. We’ll have to wait about an hour or so this morning to see if Agrium ...
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The Market Where Defensive Shares Are Working Again (PEP, KO, BUD, TAP, AWK, MCD, KFT, CAG, CPB, HRL, MO, VGR, RAI, PG, KMB, CL, MRK, PFE, JNJ, T, VZ)

Posted: May 8, 2012 at 12:07 pm

Blame whatever you want.  A weaker U.S. economy, a weakening and flailing Europe, a move to socialism in France and Greece, a weaker BRIC and emerging market story, commodity prices ...
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No Beef in Wendy’s Results (WEN, MCD, YUM, CMG, JACK)

Posted: May 8, 2012 at 8:32 am

The Wendy’s Co. (NASDAQ: WEN) reported first quarter earnings this morning and managed to post another profit -- barely. The company reported adjusted EPS of $0.01 versus a consensus estimate ...
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Green Mountain Boiled Following Earnings (GMCR, SBUX, JVA)

Posted: May 3, 2012 at 2:58 pm

Our story last night after Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) reported shares down more than -37% after the company screwed up in just about every possible way. It ...
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Herbalife Sinks on Lack of Info (HLF, NUS)

Posted: May 3, 2012 at 2:33 pm

Shares of Herbalife Ltd. (NYSE: HLF) are trading at about 9x average daily volume today following some weak answers on the company’s conference call yesterday. The network marketer of nutrition ...
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Green Mountain Turns Earnings Into Mud Bath, Shares Off 37%

Posted: May 2, 2012 at 4:36 pm

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) has reported its earnings and the report is not looking pretty. Second quarter sales were up 37% at $885.1 million and its earnings ...
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Whole Foods Shows Great Earnings As Valuation Premium Looms (WFM)

Posted: May 2, 2012 at 4:15 pm

Whole Foods Market, Inc. (NASDAQ: WFM) has managed to turn in yet another solid earnings report.  The organic and natural foods grocer (and luxury store) has turned in $0.64 EPS ...
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P.F. Chang’s Going Private (PFCB, CHUX, JAX, CMG)

Posted: May 1, 2012 at 9:30 am

Asian food eatery P.F. Chang’s China Bistro Inc. (NASDAQ: PFCB) this morning announced that it is being taken private in a deal worth $1.1 billion. The buyer is private equity ...
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Coke Ready to Swallow a Monster? (KO, MNST, PEP, DPS)

Posted: April 30, 2012 at 2:53 pm

When the largest soft-drink company in the US can’t make a competitive product in a growing market, it looks around for a company it can buy. It appears that the ...
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Budweiser Sales Rise, InBev Shares Falter (BUD, TAP, SAM, SBMRY)

Posted: April 30, 2012 at 10:16 am

Anheuser-Busch InBev SA/NV (NYSE: BUD) reported first quarter earnings this morning that beat consensus estimates for EPS and barely missed revenues, but the company’s shares are lower on concerns about ...
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Starbucks’ Shares Fall After Solid Results (SBUX)

Posted: April 27, 2012 at 12:59 pm

Coffee merchant Starbucks Corp. (NASDAQ: SBUX) must be wondering today what it needs to do to impress investors. For its second fiscal quarter, the company reported revenues of $3.2 billion ...
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