Some of the names on the move ahead of the open.» Read More
Cramer says you might want to rethink a position in some of these stocks.
Cold cereal is still the top choice for breakfast in America. However, cereal consumption volume has droped 7 percent in the past four years, an analyst says.
The packaged food company is at risk of seeing its volumes decline unless it starts to increase advertising spending again, says one pro.
Some of the names on the move ahead of the open.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Although shares of many packaged food companies are hitting all-time highs, there is still room at the table for new investors to join the food stock feast.
Consumer packaged-goods makers have gotten creative with how they pass on rising costs and maintain bottom lines. Prices stay the same, but it contains less product.
Aug 1- Food company Kellogg Co trimmed its 2013 sales forecast on Thursday, citing weaker demand in the United States and the stronger dollar. Net income rose to $352 million, or 96 cents per share, in the quarter from $324 million, or 90 cents per share, a year earlier. Both Kellogg and its main cereal rival, General Mills, have recently launched breakfast drinks.
Agriculture prices have gotten crunched this year, but don’t expect your Cap’n Crunch to get any cheaper.
July 23- Starbucks Corp and Danone SA said on Tuesday they will sell a co-branded yogurt through Starbucks cafes and in grocery stores as yogurt makers and food companies battle for market share in the $7 billion U.S. market.
Ford, Amazon, Subway, the History Channel, Lowe's and V8 are the "buzziest" brands in the United States, according to the latest bi-annual list from YouGov's BrandIndex.
In this guest blog from Minnesota businessman Dirk Bak, he contends the state's governor and legislature want to destroy the business climate.
Inflation will be "very manageable" over the next 12 months and the price of consumer goods sold by General Mills will remain stable, the company's CEO, Ken Powell said.
General Mills is launching a couple hundred new items says Kendall Powell, General Mills chairman and CEO, discussing the relaunching of Hamburger Helper and introducing Greek yogurt to school lunches.
Stocks held their gains Wednesday, extending their rally from the previous session, after the weaker-than-expected final read on first-quarter gross domestic product diminished worries that the Fed would rein in its stimulus measures in the immediate future.
Sees' 14 EPS $2.87- $2.90 vs Wall Street view of $2.93/ shr. June 26- General Mills Inc reported higher fourth quarter-earnings but gave a forecast for the new fiscal year that was below Wall Street estimates, citing higher costs for ingredients and a slow economic recovery.
*Adobe and Microsoft rise on analyst upgrades. NEW YORK, June 26- U.S. stocks advanced for a second straight day on Wednesday as a broad measure of economic growth was revised down, easing investors' concerns that the Federal Reserve would begin to withdraw its stimulus early.
*Adobe and Microsoft rise on analyst upgrades. NEW YORK, June 26- U.S. stocks advanced for a second straight day on Wednesday as a weak reading on economic growth had the effect of easing concerns that the Federal Reserve would soon begin to lessen its stimulus.
*General Mills slips after results. The S&P 500 rose nearly 1 percent Tuesday, its most since June 13, as data on durable goods orders, sales of new homes and consumer confidence all topped analysts' expectations and the People's Bank of China eased concerns about a possible banking crisis in the world's second-largest economy.
U.S. stock index futures held their gains across the board Wednesday even after the final read on first-quarter gross domestic product came in weaker than expected.