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Stock Market & Financial Investment News

News Breaks
March 18, 2013
06:25 EDTSJMJ.M. Smucker downgraded to Sell from Neutral at Goldman
Goldman downgraded J.M. Smucker based on expectations for negative organic sales growth, rising costs to defend against new competition, and high expectations. price target lowered to $93 from $95.
News For SJM From The Last 14 Days
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August 27, 2015
19:22 EDTSJMJ.M. Smucker shares look reasonably priced, Barron's says
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07:05 EDTSJMJ.M. Smucker reports Q1 US Retail Coffee net sales $565M
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07:04 EDTSJMJ.M. Smucker backs FY16 revenue $8B, consensus $7.92B
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07:03 EDTSJMJ.M. Smucker backs synergy target related to Big Heart of $200M by FY18-end
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07:03 EDTSJMJ.M. Smucker backs FY16 adjusted non-GAAP EPS $6.80-$6.95, consensus $5.73
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07:02 EDTSJMJ.M. Smucker reports Q1 non-GAAP EPS $1.32
07:02 EDTSJMJ.M. Smucker reports Q1 adjusted EPS $1.60, consensus $1.23
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August 26, 2015
15:00 EDTSJMNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Dollar General (DG), consensus 94c... J. M. Smucker (SJM), consensus $1.23... Tiffany (TIF), consensus 91c... Signet Jewelers (SIG), consensus $1.15... Patterson (PDCO), consensus 54c... Michaels (MIK), consensus 16c... Burlington Stores (BURL), consensus 12c.
August 24, 2015
14:02 EDTSJMJ.M. Smucker August weekly volatility elevated into Q1 and outlook
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August 19, 2015
10:00 EDTSJMOn The Fly: Analyst Upgrade Summary
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06:29 EDTSJMJ.M. Smucker upgraded to Outperform on sales growth progress at Credit Suisse
Credit Suisse upgraded J.M. Smucker to Outperform and increased its price target to $126 from $112. The firm said the latest Nielsen data indicates sales growth has turned with notable progress in coffee and pet food. Additionally, Credit Suisse believes management is about to introduce a more aggressive cost savings target for the Big Heart integration and expects shares to narrow the valuation gap versus peers as revenue growth and market share improves.

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