Corn Crop Booms, Prices to Fall (ADM, VLO, HML, TSN, GIS, K)
Fears for a supply shortage of corn earlier this year led the world’s farmers to plant more of the crop on expectations of higher prices. Now that the crop is in, it…
Fears for a supply shortage of corn earlier this year led the world’s farmers to plant more of the crop on expectations of higher prices. Now that the crop is in, it…
US equity markets opened sharply higher this morning and have been able to sustain and even add to those gains throughout the day. Business and consumer confidence indexes in Europe were higher,…
Food producers have been battling rising commodity costs, higher fuel costs, and higher packaging costs by raising their prices. That appears to be working decently for ConAgra Foods Inc. (NYSE: CAG) and…
The companies we’re looking at today run the gamut from large farm and food products producers to the packaged goods makers that make the products on store shelves. It’s a wide range,…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. ARM Holdings plc (NASDAQ: ARMH) Raised to Buy at Citigroup. CareFusion Corporation…
CEOs from General Electric (NYSE: GE), Intel (NASDAQ: INTC), Boeing (NYSE: BA) and other companies tell Obama in their President’s Council on Jobs and Competitiveness report that he must get more foreign investment…
With fears of a new economic downturn, investors have become concerned about sales and profits of large companies. But there are companies that have already proven themselves in the recent recession. They…
Ralcorp’s (NYSE:RAH) board of directors unanimously rejected the latest merger proposal from ConAgra Foods (NYSE: CAG), saying the $5.18 billion unsolicited bid was not in the best interest of the company. Given…
Food processing giant ConAgra Foods, Inc. (NYSE: CAG) reported first quarter 2012 earnings before the markets opened this morning. Even after lowering expectations for EPS from $0.36 to $0.31, analysts (and shareholders)…
The coming week is going to feel like a mini earnings season. We have many sector leaders reporting earnings and the fallout (or benefits) could be widespread. On deck are key earnings…
When it comes to defensive investing, food and beverages are two of the go-to sectors for getting equity market exposure but protecting your assets. The logic is simple enough: “You gotta eat…
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 stocks from…
Democrats and Republicans are not closer to a deal on the debt ceiling (Reuters) The hacking scandal has pushed News Corp’s shares (NYSE: NWS) even lower (Reuters) Moody’s suggested that the U.S.…
The number of stocks that made substantial gains for the week was limited. The great exception to that rule was Petrohawk Energy Corporation Co (NYSE: HK) which jumped 62.5% on Friday after…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. The Active Network, Inc. (NYSE: ACTV) Started as Buy at BofA/ML;…