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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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December 10, 2014
17:07 EDTSJMJ.M. Smucker announces price increases on K-cup packs
The J. M. Smucker Company announced that it is increasing the list price on its K-Cup packs sold in the United States under the Folgers, Folgers Gourmet Selections, Cafe Bustelo, and Millstone brand names. Prices will increase an average of 8%. The price increase, which will be effective on January 5, 2015, is in response to sustained increases in costs.

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