New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 19, 2014
14:26 EDTHSH, PFPinnacle Foods announces early termination of HSR waiting period
On June 17, the U.S. Federal Trade Commission granted early termination of the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the previously announced proposed acquisition by The Hillshire Brands Company (HSH), of Pinnacle Foods (PF), pursuant to an Agreement and Plan of Merger, dated as of May 12, by and among Pinnacle Foods, Hillshire Brands, Helix Merger Sub Corporation, a Delaware corporation and a wholly owned subsidiary of Hillshire Brands, and Helix Merger Sub LLC, a Delaware limited liability company and a wholly owned subsidiary of Hillshire Brands. The grant of early termination is effective as of June 17 and has the effect of ending the HSR Act waiting period under the Merger Agreement. The proposed acquisition remains subject to other customary closing conditions and there can be no assurance that the proposed transaction will be consummated.
News For PF;HSH From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 24, 2015
07:21 EDTPFPinnacle Foods sees FY15 adjusted EPS $1.86-$1.91, consensus $1.91
Sees FY15 input cost inflation estimated at 3%-3.5%; Sees FY15 productivity estimated at range of 3%-4%. Sees FY15 effective tax rate of 38%.
07:20 EDTPFPinnacle Foods reports Q4 Birds Eye Frozen sales up 4.9% to $317.4M
Reports Q4 Duncan Hines Grocery down 3% to $305.4M; Reports Q4 Specialty Foods sales down 10.3% to $82.6M.
07:20 EDTPFPinnacle Foods reports Q4 EPS excl items 64c, consensus 64c
Reports Q4 revenue $705.3M, consensus $718.35M. North America Retail net sales increased 0.9% to $622.7 million in Q4.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use