KHC Jan 2020 42.500 put

OPR - OPR Delayed Price. Currency in USD
12.09
0.00 (0.00%)
As of 2:31PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close12.09
Open12.09
Bid11.30
Ask11.50
Strike42.50
Expire Date2020-01-17
Day's Range12.09 - 12.09
Contract RangeN/A
Volume1
Open Interest1.74k
  • Bloomberg10 hours ago

    U.S. Probes Claims of Poultry Price-Fixing

    (Bloomberg) -- The U.S. Justice Department has opened a criminal investigation into allegations that chicken processors, including Tyson Foods Inc., Pilgrim’s Pride Corp. and Sanderson Farms Inc., conspired to fix prices.Prosecutors disclosed the grand jury probe in a court filing Friday in Chicago, where civil lawsuits against more than a dozen companies in the industry are pending. Tyson, Pilgrim’s and Sanderson alone control almost half of the U.S. chicken market.The investigation significantly escalates pressure on the poultry processors, which have been fighting price-fixing allegations by consumers, distributors, grocery chains and food companies, including Conagra Brands Inc. and Kraft Heinz Co.Tyson closed down 1.1% to $79.97 in New York, while Pilgrim’s settled down 1.3% to $25.18 and Sanderson dropped 2.2% to $131.03. Brazil’s JBS SA, which owns a controlling stake in Pilgrim’s, settled up 0.5% to 21.90 reais in Sao Paulo.A spokesman for the Justice Department declined to comment. Prosecutors intervened in the civil litigation to ask the court to suspend for six months depositions of the chicken processors’ current and former employees. Tyson said it was notified on April 26 that plaintiffs in the civil cases had received a subpoena from the Justice Department.“We are aware of the Department of Justice’s request, which does not change our view that there is simply no merit to the allegations that Tyson Foods colluded with competitors,” Gary Mickelson, a company spokesman, said in an emailed statement. “We remain committed to vigorously defending ourselves against these baseless allegations.”Sanderson Farms Chief Financial Officer Mike Cockrell said the company hasn’t received a subpoena. “The company continues to believe the civil plaintiffs’ claims as to Sanderson Farms are wholly without merit, and we are committed to defending the case vigorously,” Cockrell said in an emailed statement.Pilgrim’s Pride didn’t immediately respond to a request Tuesday seeking comment on the criminal probe.The poultry processors are accused in the civil lawsuits of colluding to increase prices for broiler chickens. The companies allegedly reduced the supply of broiler chickens and then manipulated prices on a weekly benchmark compiled by the Georgia Department of Agriculture, according to court papers.(Updates shares in fourth paragraph.)To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Lydia Mulvany in Chicago at lmulvany2@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, ;David Glovin at dglovin@bloomberg.net, Steve Stroth, Peter JeffreyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Analyst: Kraft Heinz is running out of cash
    American City Business Journals13 hours ago

    Analyst: Kraft Heinz is running out of cash

    Kraft Heinz has lost half its value over the past year, and one analyst is worried the company could fall even further.

  • TheStreet.com15 hours ago

    3 Signs You Might be Overpaying for a Stock

    Warren Buffett recently said he overpaid for Berkshire Hathaway's stake in Kraft Heinz. To avoid following in his footsteps, here are three signs that you might be overpaying for a stock.

  • Barrons.com16 hours ago

    Warren Buffett Denies There Is a Rift With 3G Capital Over Kraft Heinz Troubles

    Warren Buffett has denied that the problems at Kraft Heinz are causing tension between him and 3G Capital.

  • Business Wire17 hours ago

    Maxwell House and the USO Honor Service Members with New Paint Scheme at Chicagoland Speedway

    NASCAR Driver Chris Buescher and JTG Daugherty Racing will host service member during Camping World 400

  • Ryan Newman, Oscar Mayer Head to the Classroom Before Chicagoland
    Business Wire17 hours ago

    Ryan Newman, Oscar Mayer Head to the Classroom Before Chicagoland

    Fasten your “meatbelts” — Oscar Mayer and NASCAR driver Ryan Newman are heading to the hot dog brand’s hometown of Chicago for the Camping World 400 at the Chicagoland Speedway on Sunday, June 30. For the fourth time this season, Newman will sit behind the wheel of the No. 6 Oscar Mayer Ford Mustang and celebrate the weekend with another set of driving experts: the Oscar Mayer Hotdoggers.

  • TheStreet.com18 hours ago

    Buffett Should Look at Kraft Heinz's Charts, Too, When Pondering His Investment

    opened flat here on Tuesday morning as Warren Buffett said the biggest problem facing Kraft Heinz is that Heinz overpaid when merging with Kraft in July 2015. The charts of KHC (below) show that Buffett could have made this statement at any time in the last four years and certainly since early 2017, when the trend turned bearish. In this daily bar chart of KHC, below, we can see that prices have been under selling pressure/liquidation the past 12 months.

  • TheStreet.com18 hours ago

    Kraft Heinz Dips as Warren Buffett Says He Overpaid for Stake, Denies 3G Rift

    shares drifted lower Tuesday, extending a year-to-date decline of around 30%, after billionaire investor Warren Buffett said he 'overpaid' for the packaged food group when he purchased it along with 3G Capital in 2015, but pledged to support incoming CEO Miguel Patricio. Buffett, who stepped down from the Kraft Heinz board last year, told CNBC that even has he acknowledges the difficulties stemming from his 26.7% stake in the group, and the $3 billion goodwill writedown he was forced to take in February, his relationship with Brazil-based 3G co-founder Jorge Paulo Lemann remains solid and reports of tension between the pair are incorrect. vice chairman Greg Abe were "pleased with the selection of Miguel", who takes over as Kraft Heinz CEO on July 1.

  • Warren Buffett Discussed 3G Capital and Kraft Heinz
    Market Realist18 hours ago

    Warren Buffett Discussed 3G Capital and Kraft Heinz

    Warren Buffett, Berkshire Hathaway's chairman, denied reports of a rift between him and 3G Capital. Reports of tension between the two companies surfaced amid Kraft Heinz’s underperformance.

  • Benzinga18 hours ago

    Warren Buffett Refutes Reports Of Tensions With 3G Capital

    Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) teamed up with 3G Capital to become a major shareholder of the food company in 2015. Buffett admitted in early 2019 that Berkshire overpaid for the deal and the stock is down more than 50% in the past 12 months amid underperformance and accounting problems. The poor performance at Kraft Heinz led to some speculation of tension between Buffett and his 3G Capital partners.

  • Barrons.com2 days ago

    Kraft Heinz Stock Is Falling as Incoming CEO ‘Faces a Monumental Challenge’

    Incoming CEO Miguel Patricio “faces a monumental challenge to put Kraft Heinz on a path to success as a stand-alone company,” Guggenheim analyst Laurent Grandet says.

  • Kraft Heinz (KHC) Gains But Lags Market: What You Should Know
    Zacks6 days ago

    Kraft Heinz (KHC) Gains But Lags Market: What You Should Know

    Kraft Heinz (KHC) closed at $31.13 in the latest trading session, marking a +0.55% move from the prior day.

  • 5 Boring Stocks to Buy This Summer
    InvestorPlace6 days ago

    5 Boring Stocks to Buy This Summer

    It's summertime and the living is easy. Or at least it should be. These days, volatility is getting pretty crazy. While the Federal-Reserve-induced swings have been moving the market higher, it was just a few weeks ago that trade issues were sending stocks lower. This sort of extreme ebb and flow is not exactly the kind of environment that breeds restful nights of sleep. This is especially true if you are near or in retirement.That is unless you focus on boring stocks.Perhaps the best stocks to buy this summer are the ones you don't have to think about. We're talking about boring stocks that generate good revenues in good times and in bad. Nothing too flashily. No crazy exposure or reliance on trendy sectors of the market. Moreover, these stocks reward investors with plenty of dividends and buybacks. You can simply buy shares, collect your income and just forget about them.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the end, with volatility surging and the markets moving in a big way, the stocks to buy this summer are the boring ones. It's the best strategy to get through and not get seasick. * 10 'Buy-and-Hold' Stocks to Own Forever With that said, here are five boring stocks to buy this summer. Johnson & Johnson (JNJ)Source: Shutterstock One of the best stocks to buy this summer could be Johnson & Johnson (NYSE:JNJ). When it comes to the healthcare sector, there's no bigger blue chip than JNJ. The firm's empire spans more than 250 operating companies across a variety of healthcare subsectors. That includes consumer healthcare products and medical devices to advanced oncology and immunology drugs. JNJ really does it all.And doing it all makes it a pretty boring stock as well.Thanks to JNJ's multiple product lines, the firm has been able to navigate some tough economic markets over the course of its history. When one of its product lines is suffering, another can pick up the slack. And the fact that JNJ sells its products in more than 60 countries is the icing on the cake. The firm's adjusted earnings have continued to increase for over 35 years based on its deep product line. Moreover, it has been able to increase its dividend for the last 57 years straight. Currently, Johnson & Johnson yields 2.71%. That's a very impressive track record that allows it to keep going during times of duress.Now, there is some new risk at JNJ, such as it's own going talc issues as well as a new pending opioid lawsuit. But even here, JNJ's size and scope will help it navigate with relative ease.All in all, JNJ could one of the best stocks to buy this summer. Republic Services (RSG)Source: Shutterstock According to the latest EPA survey, Americans generate more than 254 million tons of trash or recyclables per year. That's a lot of garbage. But for Republic Services (NYSE:RSG), that trash is a gold mine.RSG is one of the largest trash haulers in the nation. That position provides it plenty of scales. And scale is important in the garbage industry. The problem is that hauling garbage is a relatively low-margined business. By having that scale, Republic is able to earn a little from all its operations. Moreover, it's able to undercut most smaller mom and pop operators for winning key job bids. This base of operations, as well as ownership of its own landfills, has allowed RSG to quickly become a dividend champion -- growing its payout by an average of 8% over the last three years.But RSG is finding ways to boost its potential as well.That includes boost higher-margined recyclable hauling as well as expanding into other areas of waste disposal. Republic now owns several saltwater disposal wells from the oil and gas industry and has moved into providing renewable energy. Turns out, landfills throw off plenty of natural gas that can be burned for energy production, while several of its sites are prime candidates for solar and wind power. * 7 Blue-Chip Stocks to Buy for a Noisy Market Trash is boring, but RSG is turning that boring nature into gold. Southern (SO)Source: Shutterstock The stocks to buy this summer could be the utilities. Perhaps nothing more boring than those firms that produce electricity, water, and natural gas. That includes top-notch utility Southern (NYSE:SO). SO is one of the largest-regulated utilities in the nation and provides power to more than 9 million customers across several states. This provides SO with plenty of steady cash flows that continue to fuel its growth and shareholder rewards.The firm has paid dividends since the 1950's and has raised its payout over the last 17 years straight.Fueling that dividend growth has been the unregulated side of its businesses. A few years ago, Southern purchased pipeline and gas supplier AGL Resources. A similar buy of gas supplier NICOR followed. This moved Southern into the pipeline industry. It turns out this was a great decision. While the combination of FERC-regulated pipelines as well as unregulated gathering/trunk lines have helped boost SO's overall profits since the buyouts.Southern isn't without its warts. The firm has continued to struggle with carbon capture projects and has taken a bath on its nuclear plants thanks to cost overruns and bankruptcy of its contractor Westinghouse. This has pressured the firm in recent quarters.However, the vast bulk of Southern is good, old-fashioned and boring power generation. And because of that, SO makes a great stock to buy for its high 4.6% yield this summer. Chubb (CB)Source: Pictures of Money via FlickrI think I'd rather watch paint dry than talk about the insurance industry. But when it comes to the boring stocks to buy, the insurance sector is often top-notch. The sector is able to make plenty of bank on its underwriting and the delicious float from its investments. One of the best could be insurer Chubb (NYSE:CB).CB is a multi-line insurer and has operations that span pretty much every sub-category of insurance. This includes property and casualty, accident and health, reinsurance, and life insurance. Chubb does it all and it does so across the globe.What's great about that multi-line approach is the CB is surprisingly profitable. Chubb takes a real hands-on approach to its underwriting- especially when it comes to reinsurance and insuring property/casualty lines for businesses. This has allowed it to have an amazing average combined ratio- a key metric of profitability in the insurance industry- that has come in 8.7 percentage points lower than many of its rivals over the last ten years. When you add in profits from its float investments, you have a real winner on your hands.This has continued to drive CB's dividend over its history. The firm has managed to raise its payout over the last 26 years straight. This includes a recent 3% bump at the beginning of the summer. With continued float gains and smart underwriting, Chubb should continue to keep the gains coming. * 7 Fantastic Fidelity Funds for a Range of Investors For investors, insurance is as boring as they come. But Chubb makes a great stock to buy for years of steady gains. Mondelez International Inc (MDLZ)Source: Shutterstock It turns out, the boring world of cookies, crackers and chewing gum provides perfect ballast to the market's gyrations. That's wonderful news for former Kraft-Heinz (NYSE:KHC) spin-out Mondelez International (NYSE:MDLZ).MDLZ features some of the world's biggest brands in snack foods like Oreo's, Nabisco and Cadbury candy. What's great is that snack foods blend the line between being a staple and discretionary item. This allows them to have slightly higher margins than say, toilet paper. However, demand for these sorts of items stays pretty steady. Better still is that MDLZ is able to pass on price increases relatively easy onto consumers. This has helped boost DLZ's results in recent quarters.But Mondelez has plenty of growth in the tank as well. The firm has continued to expand into higher-margined healthy snacks as well as emerging markets. And the firm has started to seriously consider adding cannabis to many of its foods as legalization approaches. Given its huge brand portfolio, this could be a major revenue driver in the future.With a great combination of steady-like demand and plenty of growth potential, MDLZ could be a wonderfully boring stock to buy for this summer.As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post 5 Boring Stocks to Buy This Summer appeared first on InvestorPlace.

  • Introducing Fruitlove, a New Spoonable Way to Smoothie
    Business Wire6 days ago

    Introducing Fruitlove, a New Spoonable Way to Smoothie

    This includes demand for unique flavor combinations and a variety of textures, as well as foods that have real nutritional value, satisfy your hunger, and of course, taste delicious. With over one third of active people in America drinking smoothies as part of their healthy routines1, the time is now to raise the bar on America’s smoothie game. Introducing Fruitlove, the new spoonable smoothie that combines the benefits of creamy yogurt and real fruits and vegetables, with the added convenience of an adorable green spoon.

  • Financial Times6 days ago

    S&P latest to downgrade Kraft Heinz to lowest investment grade

    S&P Global became the latest to cut Kraft Heinz’s credit rating to the lowest investment grade on Thursday, potentially further complicating the packaged food conglomerate’s efforts to reverse flagging sales growth and draw a line under problems with its accounting practices. The credit rating agency downgraded the maker of Heinz ketchup and Philadelphia cream cheese to BBB- from BBB. While the outlook was revised from negative to stable, suggesting no further downgrades are imminent, the move leaves Kraft Heinz’s just one notch away from junk status.

  • Mr. Peanut goes hip-hop and hoops crazy with new basketball sneaker
    American City Business Journals7 days ago

    Mr. Peanut goes hip-hop and hoops crazy with new basketball sneaker

    Mr. Peanut, that iconic spokesman for Planters Peanuts, is getting more hip by the moment. After making his Super Bowl debut last February in a television spot with baseball star Alex Rodriguez, Mr. Peanut this week moved to ditch his familiar but rather old-school spats for something a little more hip-hop in the shoe department — a limited edition high-top sneaker from sneaker designers and artists Jeff Cole and Seth Fowler and Philadelphia-based sneaker manufacturer Rich Franklin.

  • GuruFocus.com7 days ago

    2 Warren Buffett Stocks Tumble to 52-Week Lows

    Buffett-approved stocks at lower-than-Buffett's prices

  • Benzinga7 days ago

    Efficiency And Social Responsibility Go Together For Shipper Of Choice Kraft Heinz

    The Kraft Heinz Company (NYSE: KHC) is a Shipper of Choice not only because the company strives to create an efficient supply chain through investments in technology, but also because the food producer is dedicated to ensuring its supply chain promotes sustainability and social responsibility. "We place a high value on an ethical and transparent supply chain. Accordingly, we demand that all business partners demonstrate a clear commitment to protecting the rights of workers worldwide," Kraft Heinz's employee code of conduct states.

  • Country Time Takes a Stand to Legalize Lemonade Stands
    Business Wire7 days ago

    Country Time Takes a Stand to Legalize Lemonade Stands

    Last year, Country Time Legal-Ade helped kids across the country pay permit fees and fines on their lemonade stands due to outdated permit laws. This year, inspired by bills passed in Texas and Colorado that changed archaic rules outlawing lemonade stands, Country Time will give lemonade-lovers the tools to start changing their state’s permit laws. After all, unpermitted lemonade stands are only legal in 14 out of 50 states.

  • GlobeNewswire8 days ago

    Bragar Eagel & Squire, P.C. is Investigating Certain Officers and Directors of Rockwell Medical, Amneal Pharmaceuticals, Kraft Heinz, and Intuit and Encourages Investors to Contact the Firm

    NEW YORK, June 18, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of Rockwell Medical, Amneal Pharmaceuticals,.

  • MR. PEANUT Drops His Own Pair of Limited-Edition High-Top Sneakers
    Business Wire8 days ago

    MR. PEANUT Drops His Own Pair of Limited-Edition High-Top Sneakers

    MR. PEANUT has always been the epitome of style and today, he’s taking that swagger to the court by dropping his first-ever high-top sneaker, the Crunch Force 1. The limited-edition sneakers are a classy combination of premium leather, a MR. PEANUT shoe tongue, and peanut insole — so get ready for the most dapper shoes ever seen on the courts or streets. Because MR. PEANUT always has everyone’s back on and off the court, he’s launching his new basketball sneaker ahead of the draft – crunch time for basketball’s newest pros.

  • MoneyShow8 days ago

    Iconic Brands Boost Kraft Heinz

    The Kraft Heinz Company (KHC) is among the world's largest packaged food companies; it holds a remarkable portfolio of over 200 brands, including the iconic Kraft- and Heinz-branded foods, Oscar Meyer meats, Ore-Ida potatoes and Planters nuts, explains George Putnam, editor of The Turnaround Letter.

  • Financial Times8 days ago

    China and new tech generation shake old notions of good branding

    At first glance, global brands are in robust health, with the top 100 rising in combined value to $4.7tn and US technology companies led by Amazon, Apple and Google spanning the globe. Generation Z brands such as Netflix and Instagram, founded in 1997 and 2010 respectively, leapt up the ranking, while Google and Facebook continue to occupy the top 10.

  • Kraft Heinz (KHC) Outpaces Stock Market Gains: What You Should Know
    Zacks13 days ago

    Kraft Heinz (KHC) Outpaces Stock Market Gains: What You Should Know

    Kraft Heinz (KHC) closed at $30.41 in the latest trading session, marking a +0.93% move from the prior day.

  • Kraft thinks it can get more kids to eat greens with salad ‘frosting’
    MarketWatch14 days ago

    Kraft thinks it can get more kids to eat greens with salad ‘frosting’

    If parents need help with the white lies that get kids to eat better, Kraft Heinz has a creamy dressing in disguise to aid in the farce. Recall that Heinz, now part of Kraft Heinz Co. (KHC) , was behind EZ Squirt ketchup from 2000. Kraft Heinz, whose share price has been squeezed this year, is not deterred, however, promoting the repackaged salad dressing as a contest and a hashtag campaign #LieLikeAParent.