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Stock Market & Financial Investment News

News Breaks
October 9, 2012
09:27 EDTSJMJ.M. Smucker says experiencing tight supply of certain retail coffee canisters
The J. M. Smucker Company provided the following statement in regard to its Folgers coffee business. Although the Company is experiencing a tight supply of certain retail coffee canisters, and has responded by modifying selected promotional activities and actively balancing inventory levels with its customers, the Company views this as a short-term event and is working with its supplier in order to meet demand. The Company further notes that the supply constraints relate to packaging supply and are not due to a shortage in the availability of green coffee. The impact of the packaging supply shortage is not expected to have a material effect on the Company’s financial results for the current fiscal year.
News For SJM From The Last 14 Days
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May 27, 2015
16:13 EDTSJMDunkin' Brands, J.M. Smucker and Keurig Green Mountain launch K-Cup pod
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May 15, 2015
12:13 EDTSJMThird Point gives quarterly update on stakes
NEW STAKES: Yum! Brands (YUM), NXP Semiconductors (NXPI), FedEx (FDX), McKesson (MCK), and J M Smucker (SJM). INCREASED STAKES: Actavis (ACT), Roper Technologies (ROP), Delta Air Lines (DAL), and FleetCor Technologies (FLT). DECREASED STAKES: Ally Financial (ALLY), Amgen (AMGN), Phillips 66 (PSX), eBay (EBAY), and Anheuser Busch Inbev SA (BUD). LIQUIDATED STAKES: Alibaba Group (BABA), Citigroup (C), EMC Corporation (EMC), Anglo American (AAL), and Williams Companies (WMB).

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