U.S. equity markets opened flat this morning following not much in the way of data from either Asia or Europe. In Europe, German Chancellor Angela Merkel wants the European Central Bank to…
ThinkstockThe J.M. Smucker Co. (NYSE: SJM) reported second-quarter fiscal 2013 adjusted diluted earnings per share (EPS) of $1.45 and $1.63 billion in revenues before markets opened this morning. In the same period…
Paul Ausick U.S. equity markets opened higher this morning but quickly turned south and bounced around lower all day. In Europe, the eurozone notched its second consecutive quarter of negative GDP growth, tossing the…
Unilever PLC (NYSE: UL) is reportedly in search of a buyer for its North American peanut butter brand Skippy. The consumer goods giant has hired Lazard Ltd. (NYSE: LAZ) to help conduct…
The three major US stock indexes opened higher this morning after the news that German chancellor Angela Merkel said Germany would support European Central Bank sovereign bond buying. Unfortunately she doesn’t have…
The three major US stock indexes opened somewhat higher this morning following better-than-expected data on UK retail sales and an inline reading on Eurozone CPI (more coverage here). The news out of…
courtesy Green Mountain Coffee Roasters Inc.Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) are getting hit today following an announcement by Kroger Inc. (NYSE: KR) that the grocery retailer will begin…
The three major US stock indexes opened higher this morning following the announcement of an interest rate cut in China (our coverage here). Spain sold more than €2 billion in bonds at…
The three major US stock indexes opened higher this morning despite the refusal of the European Central Bank to lower its interest rates (our story here) and a lower-than-expected rise in US…
ThinkstockFood 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 in green…
Food processor J.M. Smucker Co. (NYSE: SJM) badly missed expectations this morning as the company suffered from lower demand after it raised prices. For Smucker’s third quarter, the company reported EPS of…
Paul Ausick 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 and all…
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 service provider…
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 recently noted…
ThinkstockCoffee 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 $2.80/pound and…
