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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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July 16, 2014
19:20 EDTTHSTreeHouse Foods 4.3M share Secondary priced at $75.50
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July 15, 2014
16:42 EDTTHSTreeHouse Foods files to sell $325M of common stock
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16:39 EDTTHSTreeHouse Foods sees Q2 EPS close to consensus estimates of 83c
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