Corn Brings the Death of Food Inflation
ThinkstockIf you have been paying attention to consumer prices and producer prices of late, the drop in the price of oil and other energy related items has been keeping a very tight…
ThinkstockIf you have been paying attention to consumer prices and producer prices of late, the drop in the price of oil and other energy related items has been keeping a very tight…
ThinkstockSanderson Farms Inc. (NASDAQ: SAFM) reported fourth-quarter and full fiscal 2012 results before markets opened this morning. The poultry processing firm reported diluted earnings per share (EPS) of $0.41 on revenues of…
The first official warning of food price increases due to the U.S. drought came last month, when the U.S. Department of Agriculture forecast an increase of 2.5% to 3.5% for food consumed…
The world’s largest producer of pork, Smithfield Foods Inc. (NYSE: SFD) said today that it would begin importing corn from Brazil to use as feed for the company’s livestock. This is an…
There are still a few large American public companies that have kept women and minorities off of their boards. It must be hard to do in an age of activism which makes…
More than half of the American workforce is comprised of women. It is well-known that they are paid less than their male counterparts. Several studies show that female workers make about 77%…
President Obama will meet with China's "enemy of the state," the Dalai Lama, spiritual leader of Tibet. The Chinese government already has protested the visit.
Verasun Energy (VSE) Rumor that ethanol company may go Chapter 11. Drops to $.40 from 52-week high of $17.75. Williams-Sonoma (WSM) Who can afford to decorate a home? Earnings fall. Sells off…
Pilgrim’s Pride (PPC) Company says it has liquidity issues. Sometimes that means Chapter 11. The stock drops to $3.26 from 52-week high of $35.98. Teradata Corp (TDC) is facing competition from Oracle…
Pilgrim’s Pride (PPC) Company says it will have lay-offs. Drops to $6.06 from 52-week high of $35.98. Medicis Pharmaceutical (MRX) Firm says it will restate financials. Falls to $14 from 52-week high…
Pilgrim’s Pride (PPC) Downgraded by Credit Suisse. Down to $15.67 from 52-week high of $41. Pepsi Bottling Group (PBG) Still troubled by problems at one of Coke’s bottlers. Down to $29.22 from…
These are ten of the analyst calls we are focusing on early this Monday morning: AGCO Corp. (NYSE: AG) Raised to Outperform from Market Perform at Wachovia. AT&T (NYSE: T) & Verizon…
These are not the only calls that will be impacting stocks, but these are the initial calls that 247WallSt.com is focusing on this Monday morning: Caterpillar (NYSE: CAT) Cut to Neutral from…
Pilgrim’s Pride (PPC) Rising commodities prices will pinch margins. Falls to $18.51 from 52-week high of $41. Superior Offshore (DEEP) Still concerns about solvency. Down to $1.15 from 52-week high of $19.58.…