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Stock Market & Financial Investment News

News Breaks
July 1, 2014
07:36 EDTTHSTreeHouse Foods price target raised to $91-$93 from $83-$85 at Wells Fargo
Wells Fargo increased its price target on TreeHouse Foods after the company announced that it would acquire healthy snacks manufacturer Flagstone Foods. The firm thinks that the multiple for the deal was rich, but it believes that TreeHouse can increase Flagstone's sales of trail mix/dried fruit and value-added nuts. The firm keeps an Outperform rating on TreeHouse Foods.
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August 7, 2014
08:06 EDTTHSTreeHouse Foods raises FY14 adjusted EPS to $3.60-$3.75 from $3.50-$3.60
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08:05 EDTTHSTreeHouse Foods reports Q2 N. American Retail Grocery sales up 18.2% to $444.2M
Reports Q2 Food Away From Home sales up 13.6% to $97.3M; Reports Q2 Industrial and Export net sales up 33.1% to $86.4M.
08:04 EDTTHSTreeHouse Foods reports Q2 adjusted EPS 84c, consensus 83c
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06:47 EDTTHSTreeHouse Foods resumed with a Neutral at JPMorgan
Price target raised to $76 from $75.

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