|Bid||0.00 x 1200|
|Ask||0.00 x 1000|
|Day's Range||41.89 - 42.31|
|52 Week Range||37.42 - 46.54|
|PE Ratio (TTM)||20.78|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||1.04 (2.42%)|
|1y Target Est||48.74|
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves after Alaska Air, Southwest Airlines, Valero Energy, Comcast, Under Armour, American Airlines, Celgene, ConocoPhillips, Allergan, McDonald's, Mastercard, Ratheon and Anheuser-Busch InBev report quarterly earnings.
Bill Ackman, the investor heading up Pershing Square, appears to have had a strong Q2 this year, according to a recent 13F report. The billionaire's 13F portfolio value increased by about 20% for the three-month period ending on June 30th, up to about $5.8 billion. In the process, Ackman increased his position in United Technologies Corp. ( UTX) and entered a new stake in Lowe's Companies Inc. ( LOW).
Bill Ackman's Pershing Square Capital Management said in a Tuesday filing with the Securities and Exchange Commission that it has cut its position in Automatic Data Processing Inc. (adp) to 4.2 million shares at the end of June from 8.8 million shares at the end of March. Ackman had built up a stake in ADP as a part of his failed proxy battle, where he attempted to secure three seats on the board. Pershing has built a position in United Technologies Corp. (utx) of 4.5 million shares at the end of June.
NEW YORK, Aug. 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of EnLink ...
DEERFIELD, Ill., Aug. 10, 2018-- Mondelēz International today announced it will host an investor day on Friday, Sept. 7, at 8:00 a.m. EDT in Boston. Dirk Van de Put, Chief Executive Officer; Luca Zaramella, ...
The center of your grocery store is dying. News that 3G Capital is selling down its stake in Kraft Heinz (NYSE:KHC) is just one more nail in the coffin. The consumer-packaged goods (CPG) companies that once dominated American grocery retailing are getting slammed this decade.
Coca-Cola may be looking to sell you snacks to pair with your next can of soda. On July 31, The Coca-Cola Company (NYSE: KO) filed a trademark for a product called "Juesli" – possibly a portmanteau of juice and muesli.
LONDON/CHICAGO (Reuters) - PepsiCo Inc's (PEP.O) incoming chief executive Ramon Laguarta is the latest of a new generation of leaders tasked with reigniting growth at the world's best-known food and drink brands as they fight back against media-savvy independent rivals. Six of the world's ten biggest food firms, including Nestle (NESN.S), Mondelez International Inc (MDLZ.O) and Kellogg Co (K.N), have replaced their CEOs in the past three years. Campbell Soup Co (CPB.N) and Hain Celestial (HAIN.O) are also on the hunt, with more in the broader consumer industry expected to follow.
On August 3, Kraft Heinz (KHC) reported better-than-expected second-quarter results. The company’s top and bottom line were ahead of analysts’ expectations. The company benefited from acquisitions and divestitures, the favorable currency rate, and lower taxes. Kraft Heinz stock rose 6.6% during the pre-market session.
Kellogg (K) reported stronger-than-expected second quarter results today. The company’s sales and earnings improved YoY (year-over-year) and exceeded analysts’ estimates. However, organic sales disappointed.
The Zacks Analyst Blog Highlights: Comcast, United Technologies, Biogen, Mondelez and Valero
Several analysts raised their target price on Hershey (HSY) stock following the company’s second-quarter release. Credit Suisse raised the target price to $85 from $80, and Deutsche Bank raised it to $101 from $98. Morgan Stanley increased the target price on Hershey stock to $98 from $93 per share.
Hershey (HSY) reported a better-than-expected bottom-line result for the second quarter. Hershey’s adjusted earnings of $1.14 beat analysts’ estimate of $1.10 and increased 5.6% YoY (year-over-year).
Mondelēz (MDLZ) sustained its strong EPS growth momentum during the second quarter. Mondelēz’s second-quarter adjusted EPS of $0.56 exceeded analysts’ expectations of $0.54 and jumped 16.7% on a YoY (year-over-year) basis.
Losses were broad based as all sectors finished the trading session in red. WallStEquities.com has initiated research reports on the following Consumer Goods stocks: Church & Dwight Co. Inc. (NYSE: CHD), The Hershey Co. (NYSE: HSY), Mondelez International Inc. (NASDAQ: MDLZ), and Dean Foods Co. (NYSE: DF).
Hershey’s (HSY) second-quarter profit margins remained subdued as cost headwinds more than offset the benefits from its volume gains and cost savings. Higher manufacturing, packaging, and freight costs hurt Hershey’s gross profit margins. Also, planned trade spending and an unfavorable mix remained a drag on its growth.
Hershey (HSY) reported better-than-expected sales for the second quarter. The company’s total sales of $1.75 billion marginally beat analysts’ expectations and increased 5.3% YoY (year-over-year), thanks to the incremental sales from the Amplify acquisition.
Two well-known food companies, a major distributor of prescription drugs, and a large financial-services firm have declared double-digit dividend increases this week. Hershey (HSY), known for its chocolate ...
The company’s profit margins improved both sequentially and on a YoY (year-over-year) basis, thanks to its improved organic sales and cost control measures. The company’s improved performance on the margin front comes at a time when packaged food manufacturers are grappling with increased input and supply-chain costs amid weak volumes. Mondelēz’s adjusted gross margin expanded 60 basis points to 40.4% during the second quarter, reflecting improved volumes and pricing. Also, higher net productivity savings and sequential reduction in commodity costs supported its adjusted gross margin rate.
Mondelēz’s (MDLZ) organic sales in North America increased 5.7%, driven by solid volumes and improvement in net pricing. The growth in volumes reflects good YoY (year-over-year) comps, as the company’s second-quarter volumes during the last year were negatively impacted by the malware incident.
Hershey announced that it sold Shanghai Golden Monkey, a Chinese candy company, and Tyrrells, a U.K. chip business. The chocolate company has been focusing on broadening its snacks business, and the two sales mean that it's continuing on its path to focus on U.S.-based snacking. Hershey HSY on Thursday announced the sale of two of its international businesses as it continues to shift its efforts to U.S. snacking.
Hershey (HSY) reported better-than-expected second-quarter results today. The company’s sales and earnings exceeded analysts’ expectations and improved YoY (year-over-year) thanks to incremental sales from the acquisition of Amplify Snack Brands and a big decline in its adjusted effective tax.