|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||109.30 - 111.14|
|52 Week Range||96.13 - 133.38|
|PE Ratio (TTM)||10.02|
|Earnings Date||Aug 21, 2018|
|Forward Dividend & Yield||3.12 (2.79%)|
|1y Target Est||107.15|
Nokia, Smucker, Twitter, Microsoft and Dine Global Brands are the companies to watch.
MARKET PULSE J. M. Smucker Co. (sjm) said late Friday it was hiking its dividend by 9%. The company said its board approved a quarterly dividend increase to 85 cents a share from 78 cents a share, to be paid Sept.
ORRVILLE, Ohio, July 13, 2018 /PRNewswire/ -- The J. M. Smucker Company (SJM) (the "Company") today announced that the Board of Directors has approved an increase in the quarterly dividend from $0.78 to $0.85 per common share, an increase of nine percent. The dividend will be paid on Tuesday, September 4, 2018, to shareholders of record at the close of business on Friday, August 17, 2018. This represents the Company's seventeenth consecutive year of dividend growth. This press release contains a forward-looking statement about dividends.
Stock Research Monitor: BGS, NOMD, and SJM LONDON, UK / ACCESSWIRE / July 13, 2018 / If you want a free Stock Review on CPB sign up now at www.wallstequities.com/registration . WallStEquities.com presents ...
Pet food containing peas, lentils, other legumes and potatoes might be causing heart disease in dogs, the U.S. Food and Drug Administration said in a warning to pet owners. The FDA said Thursday that it has received “highly unusual” reports about canine dilated cardiomyopathy, which can cause an enlarged, weakened heart and eventual heart failure in dogs. The cases occurred in breeds -- such as golden and Labrador retrievers, a whippet, a Shih Tzu, a bulldog, and miniature schnauzers -- that aren’t genetically prone to the disease, but that ate certain pet foods containing legumes or potatoes as their main ingredients.
NEW YORK, NY / ACCESSWIRE / July 11, 2018 / Walmart shares closed in green as the Company made headlines after the Wall Street Journal reported that Jet.com will be opening a fulfillment center in the Bronx and will be offering same-day deliveries. Walmart acquired Jet.com back in 2016. Shares of J.M. Smucker entered red territory despite announcing earlier this week that it is selling its baking business for $375 million.
The Pillsbury Doughboy has seen better days. announced this week it will sell Pillsbury, along with other U.S. brands, to private equity firm Brynwood Partners for $375 million. While the latest deal helps Smucker concentrate on high-growth areas such as pet food, healthy products and coffee, the underperforming brands it divested sold at a discount.
NEW YORK (AP) — J.M. Smucker is doing just about everything asked of it in trying to find areas of faster growth, while ditching some of the packaged foods that fewer people seemingly want.
Stocks that moved substantially or traded heavily Tuesday: PepsiCo, up $5.13 to $112.89 The beverage company posted a larger second-quarter profit than analysts expected. Chevron Corp., up $1.60 to $127.59 ...
Connecticut-based Brynwood Partners agreed Monday to acquire the Pillsbury baking products from J.M. Smuckers in a $375 million deal.
Among the companies with shares expected to trade actively in Tuesday's session are Microsoft, PepsiCo, Amazon.com, Walmart, Walt Disney and eBay.
Smucker's (SJM) plan to divest U.S. baking business to Brynwood is in sync with the company's strategy to concentrate on other prospective businesses.
Recently, J.P. Morgan lowered its EPS estimates for J.M. Smucker (SJM) due to trade war tensions. J.P. Morgan expects Canada’s retaliatory tariffs to hurt J.M. Smucker the most among all food companies. The investment bank now estimates SJM’s EPS to be $8.29 and $8.83 in fiscal 2019 and fiscal 2020, respectively, down from earlier estimates of $8.56 and $9.15.
J.M. Smucker (SJM) recently announced that it has agreed to sell its US baking business to Brynwood Partners for $375 million. According to the terms of the transaction, the divestiture encompasses brands like Pillsbury, Hungry Jack, Martha White, Jim Dandy, and White Lily.
Index (PMI) data, output in the Consumer Goods sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
J.M. Smucker Co. is selling its U.S. baking business to a private-equity firm for $375 million, including debt, mirroring moves by other food companies to divest decades-old brands whose sales are in decline because of changing consumer tastes. Smucker said Monday that Greenwich, Conn.-based Brynwood Partners would buy Funfetti and Pillsbury baking mixes and Hungry Jack pancakes, among other brands. Smucker put the baking business, which generated 5% of its revenues, up for sale in April.
J.M. Smucker Co said on Monday it would sell its U.S. baking business, which includes brands such as Pillsbury, Martha White and Hungry Jack, to private equity firm Brynwood Partners for $375 million. The deal includes a manufacturing facility in Toledo, Ohio, but excludes the baking business in Canada, the company said. "The divestiture reflects our strategy to further focus our portfolio and develop a stronger presence in pet food, coffee, and snacking," Chief Executive Officer Mark Smucker said in a statement.
Private equity firm Brynwood Partners has agreed to buy J.M. Smucker Co.’s U.S. baking unit in a deal valued at $375 million, acquiring a struggling business that includes the Pillsbury Doughboy brand. The deal comes as Smucker reshapes its portfolio, with an emphasis on revitalizing its coffee business and boosting sales of its pet food brands. The baking business generates about $370 million in annual sales.
ORRVILLE, Ohio , July 9, 2018 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) (the "Company") announced today the signing of a definitive agreement to sell its U.S. baking business to Brynwood ...
The pullback in the stocks of packaged food companies has resulted in lower valuations for these companies. The stocks of most food companies are trading well below their historical averages. Despite their valuation multiples, investors haven’t budged due to sales and margin headwinds that are likely to affect the stocks.
JM Smucker is cleaning out its pantry, announcing on Monday that it had reached a deal to sell its US baking businesses – primarily made up of products sold under its Pillsbury, Martha White, White Lilly, Jim Dandy and Hungry Jack brands – in a deal valued at $375m. The products, along with relevant trademarks and licensing agreements as well as a manufacturing facility in Toledo, Ohio, have been sold to two subsidiaries of private-equity firm Brynwood Partners, JM Smucker said. “The divestiture reflects our strategy to further focus our portfolio and develop a stronger presence in pet food, coffee, and snacking — all large, growing categories with sustainable growth projections.