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 ... Read Full Story »
Traders started off this morning on a bit of a selling spree, but for most of the morning the indexes were roughly flat. In the afternoon, however, selling picked up ... Read Full Story »
Stocks opened higher this morning, helped along by a host of merger announcements. Techs got boost when Oracle Corp. (NASDAQ: ORCL) said it would pay $1.5 billion for cloud-based customer ... Read Full Story »
Monday is called "Merger Monday" for a reason and this morning is a classic example of its namesake. We have seen multiple deals and news outstanding on pending deals. We ... Read Full Story »
Coffee prices rose steadily from July 2010 to March 2011, before dipping a little, and then climbing back to a price of more than $3/pound. The price today is about ... Read Full Story »
Hot, dry weather is now expected to reduce the US corn harvest and lift consumer prices for everything from breakfast cereal to pump prices at the local service station. Agricultural ... Read Full Story »
Green Mountain Coffee Roasters (NASDAQ: GMCR) has delivered compounded annual earnings growth rate of 80% in the last three years. So why is the specialty beverage purveyor still cash poor? Green ... Read Full Story »
As is the case with crude oil, people just can't seem to get enough coffee. Global consumption of coffee rose 2.4% in 2010, to 134 million bags (each bag weighs ... Read Full Story »
Today's commodities report takes a look at the recovery in silver, another comeback for coffee, and some concerns about agricultural exchange-traded products. The price of silver is up about 4.5% ... Read Full Story »
There are many big analyst calls this Monday. These are some of this morning's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Alcatel-Lucent (NYSE: ALU) Maintained ... Read Full Story »
Dillard's Inc. (NYSE: DDS) rose as high as over 10% to a yearly high of $15.79 after the department-store chain was upgraded by Deutsche Bank AG. Dress Barn Inc. ... Read Full Story »
These are this morning's top analyst downgrades and cautious calls from Wall Street firms we have seen with about two hours until the market opens: Carrizo Oil & Gas (CRZO) ... Read Full Story »
These are not anywhere near all of the research upgrades & downgrades we are seeing, but here are ten of the impacting calls we have seen so far in early ... Read Full Story »
The J. M. Smucker Company (NYSE: SJM) and The Procter & Gamble Company (NYSE: PG) Folgers unit have confirmed yesterday's reports that the two companies are going to merge. The ... Read Full Story »