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Stock Market & Financial Investment News

News Breaks
January 31, 2013
16:31 EDTHRL, UL, UNHormel 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
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December 19, 2014
13:43 EDTHRLUSDA says bird flu found in backyard poultry in Oregon
The United States Department of Agriculture’s Animal and Plant Health Inspection Service confirmed the presence of highly pathogenic H5N8 avian influenza in guinea fowl and chickens from a small backyard poultry flock in Winston, Oregon. The H5N8 virus has not been found in commercial poultry anywhere in the United States and there is no immediate public health concern, as the H5N8 virus has been found in birds in other parts of the world and has not caused any human infection to date, the USDA stated. The Fly notes companies that offer or are developing flu vaccines include BioCryst (BCRX) and Novavax (NVAX). Publicly traded meat producers include Hormel Foods (HRL), Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN). Reference Link
December 18, 2014
18:06 EDTULUnilever withdraws lawsuit against Hampton Creek
Unilever U.S. has withdrawn its lawsuit against Hampton Creek over the labeling of its Just Mayo product.
10:07 EDTUL, UNFrance's antitrust authority fines Colgate, Unilever, P&G, WSJ reports
France's Autorité de la Concurrence has fined consumer product companies including Unilever (UN, UL), Procter & Gamble (PG), Reckitt Benckister (RGBLY) and Colgate (CL) a total of EUR345.2M for anticompetitive practices between 2003-2006, The Wall Street Journal reports. L'Oreal (LRLCY), Gillette and Beiersdorf were fined EUR605.9M in total. Reference Link
December 10, 2014
12:06 EDTHRLUSDA lowers 2014 meat production forecast
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