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Stock Market & Financial Investment News

News Breaks
November 16, 2012
10:30 EDTSJMJ.M. Smucker says has promotional plans in place for coffee for holiday period
Says has fewer promotional plans than originally anticipated. As a result of the constraint, sees a modest impact on volume for Q3, but y/y coffee volume is expected to grow slightly for the quarter.
News For SJM From The Last 14 Days
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August 20, 2014
07:05 EDTSJMJ.M. Smucker reports Q1 U.S. Retail Coffee segment volume up 2%, sales down 2%
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07:04 EDTSJMJ.M. Smucker backs FY15 EPS $5.95-$6.05, consensus $6.02
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07:02 EDTSJMJ.M. Smucker reports Q1 EPS $1.34, consensus $1.37
Reports Q1 revenue $1.32B, consensus $1.37B. Q1 sales reflect lower net price realization, particularly related to coffee, and the continued impact of the Company's exit of its private label hot beverage business in its International, Foodservice, and Natural Foods segment during 2014.
August 19, 2014
15:16 EDTSJMNotable companies reporting before tomorrow's open
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August 6, 2014
17:01 EDTSJMJ.M. Smucker acquires Sahale Snacks
The J. M. Smucker Company announced the signing of a definitive agreement to acquire Sahale Snacks. Sahale is a leading manufacturer and marketer of premium, branded nut and fruit snacks, which are primarily sold in the U.S. under the Sahale Snacks brand. Sahale's net sales are projected to be approximately $50M for FY14, primarily in the club, convenience, and grocery retail channels. The acquisition includes a leased facility in Seattle, Washington, and will add approximately 150 employees to the company. The transaction, which is expected to close by the middle of September, is not anticipated to have a material impact on the company's FY15 financial results.
13:31 EDTSJMEarnings Preview: Keurig Green Mountain expects Q3 EPS of 83c-88c
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