New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 30, 2014
16:24 EDTTHSTreeHouse Foods: Protenergy Natural acquisition to be accretive to EPS in FY15
TreeHouse Foods announced the completion of the previously announced acquisition of Protenergy Natural Foods, an industry leading developer and manufacturer of premium quality food and beverage products, namely private label broth, soups and gravies. Protenergy Natural Foods had sales of approximately CAD $130M for the twelve months ended December 31, 2013. TreeHouse paid CAD $170M in cash for the business, subject to an adjustment for working capital, and financed the transaction under its existing credit facility. The company confirmed that the transaction is expected to have approximately 5c-7c impact on 2014 earnings per share and to add approximately 11c-14c in EPS in 2015.
News For THS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 28, 2015
18:17 EDTTHSAmazon plans to offer its own brand of grocery items, WSJ says
Amazon (AMZN) plans to expand its private-label Element brand to include grocery items such as cereal, baby food, and milk, reports The Wall Street Journal, citing people familiar with the matter. The Journal notes that earlier this month, the company applied for trademarks for over 24 categories under the Elements brand, including water, pasta, coffee, and soup. Sources said Amazon has approached certain private-label food makers -- including TreeHouse Foods (THS) -- regarding partnerships. Reference Link
11:47 EDTTHSTreeHouse management to meet with William Blair
Meetings to be held in Canada June 2-3 hosted by William Blair.
07:29 EDTTHSCitigroup to hold a conference
Subscribe for More Information
May 26, 2015
20:51 EDTTHSCitigroup to hold a conference
Global Consumer Conference is being held in New York on May 27-28.

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