|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||125.28 - 127.62|
|52 Week Range||99.57 - 139.10|
|PE Ratio (TTM)||11.35|
|Earnings Date||Jun 7, 2018|
|Forward Dividend & Yield||3.12 (2.50%)|
|1y Target Est||130.07|
The unit, which also includes the Robin Hood flour and cereal brand and Martha White baking mixes, could fetch as much as $700 million, Bloomberg reported, citing one of the sources. A final decision to pursue a sale has not been made and Smucker may keep the unit, sources told Bloomberg. Smucker acquired Pillsbury as part of its deal to buy International Multifoods Corp in 2004.
J.M. Smucker Co is considering a sale of its baking brands, including Pillsbury, Bloomberg reported on Thursday, citing people familiar with the matter. The unit, which also includes the Robin Hood flour and cereal brand and Martha White baking mixes, could fetch as much as $700 million, Bloomberg reported, citing one of the sources. A final decision to pursue a sale has not been made and Smucker may keep the unit, sources told Bloomberg.
J.M. Smucker Co. is considering a sale of its baking brands, including Pillsbury, according to people with knowledge of the situation.
Among the companies with shares expected to trade actively in Wednesday's session are Amazon.com, General Electric, Caterpillar, Coca-Cola and Broadcom.
Smucker Company (SJM) decides not to proceed with the buyout of Wesson oil brand, on account of the FTC's administrative complaint against the proposed acquisition.
J.M. Smucker Co. and Conagra Brands Inc. have called off a deal over the Wesson cooking-oil brand after federal regulators said it could lead to higher prices for consumers. The Federal Trade Commission filed an antitrust lawsuit on Monday, saying that by buying the Wesson brand, Smucker would control at least 70% of the market for branded canola and vegetable oils sold to grocery stores and other retailers. Ohio-based Smucker, which reached a tentative deal last May to buy Wesson from Conagra for $285 million, already owns the Crisco brand.
J.M. Smucker Co. said Tuesday that it was ending its bid for the Wesson cooking-oil unit of Conagra Brands Inc. after the Federal Trade Commission filed an administrative complaint challenging the action. ...
ORRVILLE, Ohio , March 6, 2018 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) ("Company") announced today that the Company and Conagra Brands, Inc. ("Conagra") have agreed to ...
WASHINGTON—The Federal Trade Commission filed an antitrust lawsuit on Monday challenging J.M. Smucker Co.’s purchase of the Wesson cooking oil brand from Conagra Brands Inc., alleging the deal would mean higher prices for canola and vegetable oils. The FTC’s legal complaint asserted that Ohio-based Smucker, which already owns the Crisco brand, has competed intensely for sales against Wesson. Having both brands under Smucker’s ownership would give the company at least 70% of the relevant market, an unlawful amount of leverage, the commission alleged.
The Federal Trade Commission said Monday that it is challenging J.M. Smucker Co.'s $285 million bid for the Wesson cooking oil brand owned by Conagra Brands Inc. . If Smucker, which owns the Crisco cooking ...
ORRVILLE, Ohio , March 5, 2018 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) ("Company") issued today the following statement in response to the U.S. Federal Trade Commission's ("FTC") ...
TreeHouse Foods Inc. said Monday it has named Steven Oakland as chief executive officer and president, effective March 26. Oakland, most recently vice chair and president, U.S. food and beverage at The ...
OAK BROOK, Ill., March 5, 2018 /PRNewswire/ -- TreeHouse Foods, Inc. (THS) announced today that it has appointed Steven Oakland as Chief Executive Officer and President of the Company. Mr. Oakland also joined the Board of Directors effective March 2, 2018. Mr. Oakland will assume his executive duties on March 26, 2018.
I’m a big fan of J.M. Smucker Co (NYSE:SJM), which is why I picked the consumer goods company as my entry in InvestorPlace’s Best Stocks for 2018 contest. While it hit a bit of a rough patch when it sold off with the broader market earlier this month and also issues a recall for dog food containing possible euthanasia drugs, the stock is beginning to pick up steam again and I see that upside continuing for two main reasons.Source: Shutterstock
If you can find a company whose earnings are accelerating, before the stock becomes popular, you are ahead of the game. Here are five that fit the bill.