General Mills Cost Savings Support Growth; Sales Sluggish
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:04AM CDT
We issued an updated research report on General Mills, Inc. (GIS), a leading global manufacturer and marketer of branded consumer foods, on Jul 5, 2016.
MDLZ: 46.10 (+0.93), KHC: 89.85 (+0.54), GIS: 72.46 (+0.44), K: 82.64 (+0.37)
Dow 30 Stock Roundup: Nike Beats on Earnings, AmEx Raises Dividend
Swarup Gupta - Zacks Investment Research - Mon Jul 04, 8:43AM CDT
The Dow staged a spectacular rebound last week following losses after a surprise Brexit verdict.
JNJ: 122.85 (+0.34), GE: 32.20 (+0.38), MDLZ: 46.10 (+0.93), GS: 150.38 (+3.38), AXP: 61.49 (+1.68), NKE: 56.72 (+0.80), HSY: 110.70 (+0.66), ABBV: 64.16 (+0.73), INTC: 34.00 (+0.80), CSCO: 29.26 (+0.52)
Stock Market News for July 01, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jul 01, 9:10AM CDT
Benchmarks ended in positive territory on Thursday following expectations that Bank of England will most likely implement additional stimulus measures to boost its economy
PM: 103.09 (+1.31), MDLZ: 46.10 (+0.93), HSY: 110.70 (+0.66), CPB: 67.10 (+0.27), GIS: 72.46 (+0.44), PEP: 108.27 (+0.78), K: 82.64 (+0.37)
Blog Coverage Hershey's Share Price Soars Following Mondelez's Offer
ACCESSWIRE - Fri Jul 01, 8:15AM CDT
LONDON, UK / ACCESSWIRE / July 1, 2016 / Active Wall St. blog coverage looks at the headline from Hershey Co. (NYSE: HSY) and Mondelez International Inc. (NASDAQ: MDLZ). Register with us now for your free membership and blog access at:
MDLZ: 46.10 (+0.93), HSY: 110.70 (+0.66), KHC: 89.85 (+0.54), BRK.B: 143.65 (+1.74), GIS: 72.46 (+0.44), K: 82.64 (+0.37)
Nuts to that; Hershey rejects kiss from chocolate competitor
By CANDICE CHOI - AP - Thu Jun 30, 5:38PM CDT
NEW YORK (AP) — Hershey on Thursday rejected a takeover offer from Oreo maker Mondelez that would bring some of the world's best known cookies and chocolates under one company.
MDLZ: 46.10 (+0.93), HSY: 110.70 (+0.66), KHC: 89.85 (+0.54)
How the Food Industry is Turning Into a Game of Monopoly
Afrasiab Mian - Zacks Investment Research - Thu Jun 30, 5:00PM CDT
What does it mean to dominate an industry? Do we live in a day and age where that market power can come simply from an innovative idea and calculated execution, or are those days over?
KO: 45.38 (+0.29), POST: 87.35 (+2.48), MDLZ: 46.10 (+0.93), HSY: 110.70 (+0.66), KHC: 89.85 (+0.54), CCE: 35.73 (+0.15)
Hershey Co. (HSY) Rejects $23 Billion Takeover Offer From Mondelez (MDLZ)
Adam Clark - Zacks Investment Research - Thu Jun 30, 4:55PM CDT
Hershey saw its shares jump as high as 21% Thursday on news of a takeover offer from Mondelez, but it was later announced that Hershey's board of directors voted to reject the $23 Billion offer.
MDLZ: 46.10 (+0.93), HSY: 110.70 (+0.66)
What is Mondelez? A look at the brands the cookie maker owns
AP - Thu Jun 30, 2:41PM CDT
NEW YORK (AP) — Hershey rejected a $22.3 billion takeover bid Thursday that would have brought together some of the best-known cookie and chocolate brands under one company. Its wooer is Mondelez, which was spun off from Kraft in 2012.
MDLZ: 46.10 (+0.93)
Why Shares of Hershey (HSY) Are Surging Today
Adam Clark - Zacks Investment Research - Thu Jun 30, 12:30PM CDT
Shares of Hershey jumped as high as 21% Thursday on news of a takeover offer of the company from snack-food giant Mondelez.
MDLZ: 46.10 (+0.93), HSY: 110.70 (+0.66), CPB: 67.10 (+0.27), GIS: 72.46 (+0.44), K: 82.64 (+0.37), PEP: 108.27 (+0.78)
General Mills (GIS) Beats Q4 Earnings & Sales; Ups Dividend
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 9:50AM CDT
General Mills, Inc. (GIS) reported better-than-expected fourth-quarter fiscal 2016 results, beating the Zacks Consensus Estimate for both earnings and sales.
MDLZ: 46.10 (+0.93), BGS: 48.46 (+0.73), GIS: 72.46 (+0.44), K: 82.64 (+0.37)
Mondelez International Foundation Renews Partnership with IFRC and American Red Cross for Humanitarian Aid
GlobeNewswire - Wed Jun 29, 8:00AM CDT
The MondelÄ"z International Foundation today announced the renewal of a two-year, $2 million pledge to help leading global disaster relief organizations deliver humanitarian aid more quickly. The Foundation works with two partners - the International Federation of Red Cross and Red Crescent Societies (IFRC) and the American Red Cross - to respond to both international and domestic natural disasters. The IFRC represents 190 member National Red Cross and Red Crescent Societies, including the American Red Cross, empowered by a network of 17 million volunteers worldwide.
MDLZ: 46.10 (+0.93)
A look at food makers burnishing their nutrition credentials
By The Associated Press - AP - Tue Jun 28, 11:31AM CDT
Nestle named health care executive Ulf Mark Schneider as its next CEO, making him the first chief executive brought in from the outside since 1922. The move comes as the maker of bottled waters, Kit Kats and Lean Cuisine frozen meals tries to evolve into a nutrition, health and wellness business, after starting an institute to develop "nutritional solutions for the maintenance of health" more than five years ago.
KO: 45.38 (+0.29), MDLZ: 46.10 (+0.93), CPB: 67.10 (+0.27)
Mondelez Recalls Food Products with Inapt Peanut Amounts
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 8:59AM CDT
Fast food restaurants and food companies have lately been reeling under heavy losses due to repeated recalls of products that are feared to be contaminated with bacteria or allergic components.
MDLZ: 46.10 (+0.93), THS: 104.17 (+1.52), COST: 165.44 (+1.74), GIS: 72.46 (+0.44)
Mondelez (MDLZ) Renews Strategic Contract with Facebook
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:16AM CDT
In order to strengthen its brand presence across digital media, Mondelez International, Inc. (MDLZ) has renewed its global strategic partnership with Facebook, Inc. (FB).
MDLZ: 46.10 (+0.93), FB: 117.24 (+1.39), GOOG: 705.63 (+10.27), BABA: 78.99 (-0.36)
Mondelez International Reports Solid Progress toward its Call For Well-being Targets
GlobeNewswire - Wed Jun 22, 8:00AM CDT
-- Exceeded 2015 sustainability targets to reduce packaging, greenhouse gas emissions, net waste, waste-to-landfill volume and water usage
MDLZ: 46.10 (+0.93)
Stocks Coverage on the Consumer Goods Sector -- Mondelez Intl., Dean Foods, The Hershey, and Diageo
PR Newswire - Wed Jun 22, 7:40AM CDT
On Tuesday, June 21, 2016, the NASDAQ Composite ended the trading session at 4,843.76, up 0.14%; the Dow Jones Industrial Average advanced 0.14% to finish at 17,829.73; and the S&P 500 closed at 2,088.90, up 0.27%. The gains were broad based as five out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Mondelez International Inc. (NASDAQ: MDLZ), Dean Foods Company (NYSE: DF), The Hershey Company (NYSE: HSY), and Diageo PLC (NYSE: DEO). Learn more about these stocks by accessing their free trade alerts at:
MDLZ: 46.10 (+0.93), HSY: 110.70 (+0.66), DF: 19.20 (+0.26), DEO: 112.80 (-0.84)
Mondelez Begins Construction of New R&D Plant in Poland
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 4:44PM CDT
Mondelez International, Inc. (MDLZ) recently announced the ground breaking for a new research and development site in Poland.
MDLZ: 46.10 (+0.93), KHC: 89.85 (+0.54), CPB: 67.10 (+0.27), GIS: 72.46 (+0.44)
Will Global Worries Weigh on Consumer Staples Companies?
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 4:28PM CDT
Will Global Worries Weigh on Consumer Staples Companies?
RAI: 53.13 (+0.16), KO: 45.38 (+0.29), MDLZ: 46.10 (+0.93), KMB: 135.96 (+1.74), UL: 47.48 (+0.20), MO: 69.83 (+0.53), DEO: 112.80 (-0.84), K: 82.64 (+0.37), SJM: 154.08 (+0.87), PEP: 108.27 (+0.78), DPS: 97.13 (+0.12), PM: 103.09 (+1.31), NUS: 47.71 (+0.91), PF: 48.06 (+0.96), PG: 85.77 (+0.94), EL: 93.01 (+1.46), GIS: 72.46 (+0.44)
Are Consumer Staples Stocks Poised for Strong Growth?
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 3:56PM CDT
Are Consumer Staples Stocks Poised for Strong Growth?
MDLZ: 46.10 (+0.93), MKC: 106.96 (+1.05), CAG: 48.30 (+0.57), THS: 104.17 (+1.52), KMB: 135.96 (+1.74), SYY: 51.59 (+0.40), WMT: 73.84 (+0.31), PEP: 108.27 (+0.78), K: 82.64 (+0.37), DPS: 97.13 (+0.12), TGT: 71.31 (+1.22), DF: 19.20 (+0.26), RAI: 53.13 (+0.16), KO: 45.38 (+0.29), HYH: 34.47 (+1.10), BUD: 127.75 (+0.56), JJSF: 120.46 (+1.73), TAP: 102.56 (+2.71), MO: 69.83 (+0.53), WWAV: 56.64 (+0.41), PM: 103.09 (+1.31), UNFI: 48.84 (+1.40), BGS: 48.46 (+0.73), TJX: 78.96 (+1.69), KHC: 89.85 (+0.54), MCD: 121.31 (+0.39), PF: 48.06 (+0.96), PG: 85.77 (+0.94), GIS: 72.46 (+0.44)