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Stock Market & Financial Investment News

News Breaks
June 30, 2014
18:20 EDTHRLHormel Foods to acquire maker of Muscle Milk sports nutrition products for $450M
Hormel Foods announced that it has entered into a definitive agreement to acquire CytoSport Holdings, maker of Muscle Milk products. Total 2014 annual sales are expected to be approximately $370M. The purchase price is approximately $450M. Hormel Foods expects this acquisition to provide about 5c per share accretion in FY15, with a neutral impact to FY14 earnings, including transaction costs.
News For HRL From The Last 14 Days
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May 20, 2015
07:07 EDTHRLBMO Capital to hold a conference
10th Annual Farm to Market Conference is being held in New York on May 20-21 with webcasted company presentations to begin on May 20 at 8 am; not all company presentations may be webcasted. Webcast Link
06:40 EDTHRLHormel Foods sees avian influenza impact on Jennie-O Turkey sales "significant"
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06:37 EDTHRLHormel Foods backs FY15 non-GAAP view at lower end of $2.50-$2.60
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06:35 EDTHRLHormel Foods reports Q2 EPS 67c, consensus 63c
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May 19, 2015
15:10 EDTHRLHormel Foods technical notes before earnings
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15:00 EDTHRLNotable companies reporting before tomorrow's open
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May 13, 2015
08:45 EDTHRLHormel Foods June volatility elevated into Q2 and outlook
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