Stock Market & Financial Investment News

News Breaks January 31, 2013 16:31 EDT HRL, UN, UL Hormel Foods closes acquisition of U.S. Skippy peanut butter business Hormel Foods (HRL) announced the closing of its acquisition of the United States based Skippy peanut butter business from Unilever (UN, UL). This closing includes the Little Rock, Ark., manufacturing facility and all sales worldwide, except sales in China. Hormel Foods expects to close the acquisition of the China based Skippy peanut butter business by the end of its FY13. News For HRL;UN;UL From The Last 14 Days Check below for free stories on HRL;UN;UL the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 23, 2013 06:33 EDT HRL Hormel Foods backs 2013 EPS view $1.93-$2.03, consensus $2.00 06:32 EDT HRL Hormel Foods reports Q2 EPS 46c, consensus 49c Subscribe for More Information May 22, 2013 15:25 EDT HRL Notable companies reporting before tomorrow's open Subscribe for More Information 14:10 EDT HRL Hormel volatility flat into Q2 and outlook Hormel June call option implied volatility is at 19, July is at 21, September is at 20; compared to its 26-week average of 20 according to Track Data, suggesting non-directional price movement into the expected release of Q2 results on May 23. May 15, 2013 10:13 EDT UN On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: Aeropostale (ARO) upgraded to Outperform from Market Perform at BMO Capital... Gap (GPS) upgraded to Buy from Neutral at Citigroup... PS Business Parks (PSB) upgraded to Market Perform from Underperform at BMO Capital... Redwood Trust (RWT) upgraded to Outperform from Market Perform at FBR Capital... Regal-Beloit (RBC) upgraded to Outperform from Neutral at Credit Suisse... Unilever (UN) upgraded to Buy from Reduce at Nomura... Prudential (PRU) upgraded to Buy from Hold at Argus... Inergy, L.P. (NRGY) upgraded to Overweight from Neutral at JPMorgan... Noble Energy (NBL) upgraded to Buy from Hold at Stifel... Halcon Resources (HK) upgraded to Buy from Hold at Stifel. 05:33 EDT UL, UN Unilever upgraded to Buy from Reduce at Nomura Subscribe for More Information May 10, 2013 12:11 EDT HRL U.S. red meat, poultry production seen higher than year ago Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.