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Stock Market & Financial Investment News

News Breaks
February 19, 2013
05:55 EDTK, K, K, K, CPB, CPB, CPB, CPB, DSTI, DSTI, DSTI, DSTI, HSH, HSH, HSH, HSH, BG, BG, BG, BG, HSY, HSY, HSY, HSY, CCE, CCE, CCE, CCE, PG, PG, PG, PG, PEP, PEP, PEP, PEP, AVP, AVP, AVP, AVP, CLX, CLX, CLX, CLX, NWL, NWL, NWL, NWL, CHD, CHD, CHD, CHD, ENR, ENR, ENR, ENR, CL, CL, CL, CL, EL, EL, EL, ELConsumer Analyst Group of New York hosts conference
CAGNY 2013 is being held in Boca Raton, Florida on February 18-22.
News For EL;CL;ENR;CHD;NWL;CLX;AVP;PEP;PG;CCE;HSY;BG;HSH;DSTI;CPB;K From The Last 14 Days
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August 28, 2014
09:04 EDTHSHTyson Foods sees completing Hillshire merger later today
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August 27, 2014
16:53 EDTHSHTyson, Hillshire announce expiration of the HSR waiting period
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14:39 EDTHSHTyson, Hillshire Brands reach agreement with Department of Justice
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14:25 EDTHSHDOJ requires Tyson to divest sow purchasing business in merger settlement
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14:19 EDTHSHHillshire rebounds, back to flat after report of merger deal with DOJ
Shares of Tyson Foods (TSN), which had dropped briefly, are also back to being nearly unchanged.
14:17 EDTHSHTyson Foods, Hillshire enter settlement with U.S. over merger, Bloomberg says
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14:14 EDTHSHHillshire Brands drops 3% to $61.05
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August 26, 2014
13:03 EDTHSHTyson Foods, Hillshire Brands announce extension of tender offer
Tyson Foods (TSN) and The Hillshire Brands Company (HSH) announced that Tyson has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock of Hillshire Brands for $63.00 per share in cash, without interest, subject to any withholding of taxes required by applicable law and upon the terms and subject to the conditions set forth in the Offer to Purchase dated July 16. Pursuant to the Agreement and Plan of Merger, dated July 1, by and among Tyson, HMB Holdings and Hillshire Brands, the Offer, which was previously scheduled to expire at 12:00 midnight, New York City time, at the end of Tuesday, August 26, has been extended until 12:00 midnight, New York City time, on Wednesday, August 27, unless it is extended further under the circumstances set forth in the Merger Agreement. All terms and conditions of the Offer shall remain unchanged during the extended period.
August 24, 2014
21:53 EDTPGNational Association of Chain Drug Stores to hold an expo
2014 NACDS Total Store Expo to be held in Boston on August 23-25.
18:54 EDTBGBunge could rise 15%, Barron's says
Bunge shares could climb 15% higher if the company continues to have steady gains in earnings, Barron's contends in a feature article. Reference Link
18:19 EDTPEPPepsiCo holders would benefit more from split up, Barron's says
PepsiCo shareholders would benefit more if Pepsi and Frito-Lay were split, Barron's contends in its cover article. Cost cutting at both companies would offset synergies, the paper adds. Reference Link
August 20, 2014
06:22 EDTBGBunge unit aims to construct east Australia port, Reuters says
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August 19, 2014
18:19 EDTHSHTyson, Hillshire announce extension of tender offer for shares of Hillshire
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August 18, 2014
10:32 EDTPGProcter & Gamble likely to divest Duracell, Braun, Reuters reports
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06:58 EDTPGProcter & Gamble could sell Ivory soap brand, WSJ reports
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August 15, 2014
12:16 EDTPEPMonster surges as Coca-Cola takes 16.7% stake in company
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08:56 EDTNWLSpectrum Brands announced Douglas Martin to join company as CFO
Martin will join the company as its new Executive VP and CFO effective on September 1. Martin had served as Executive VP and CFO of Newell Rubbermaid.
07:34 EDTELEstee Lauder sees FY15 $3.10-$3.20 ex-items, consensus $3.17
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07:33 EDTELEstee Lauder sees Q1 EPS 72c-76c ex-items, consensus 72c
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07:32 EDTELEstee Lauder reports Q4 adjusted EPS 66c, consensus 56c
Reports Q4 revenue $2.73B, consensus $2.66B. On a reported basis, as well as in constant currency, net sales grew in each of the Company’s geographic regions and product categories. Sales also increased in each product category within each region. Sales growth reflects double-digit gains in the U.S. and travel retail, as well as double-digit local currency increases in many European emerging markets. In Asia/Pacific, local currency growth was led by strong increases in Japan, China and Hong Kong. Sales gains in the U.S., travel retail and Japan include the effect of the accelerated retailer orders.

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