Packaged and frozen foods maker ConAgra Brands Inc. (NYSE: CAG) had a rough 2023, with shares losing 26.19% versus the S&P 500 index performance of 24.8%.
J.M. Smucker stock has been in a downtrend since its acquisition of Hostess Brands, but after a solid earnings report, the stock may be too sweet to pass up
The J. M. Smucker Company (NYSE: SJM) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 0.8% on the day to $113.65.
The J. M. Smucker Company (NYSE: SJM) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 1.98% on the day to $154.67.
These consumer-facing companies slated to provide Q3 results and Q4 guidance later this week may present bullish stock and options trading opportunities.
Novo Nordisk's Ozempic, a weight loss drug, is making waves in the food industry, raising concerns about its effect on sales of calorie-laden products.
Investing in coffee while tipping the risk/reward scale in your favor has never been easier, use these data-driven strategies to invest like a true professional
Stocks ended the week with losses as investors absorbed the reality of higher for longer interest rates and the end of a quarter will bring more volatility
BALA CYNWYD, Pa., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
In light of a market overreaction, patient value investors have a tasty opportunity in J.M. Smucker stock following the company's acquisition of Hostess.
BALA CYNWYD, Pa., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
BALA CYNWYD, Pa., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Hostess Brands, Inc. (Nasdaq: TWNK) (the “Company” or “Hostess Brands”), announced today that it has entered into a definitive agreement with The J.M. Smucker Co. (NYSE: SJM) to acquire all of the outstanding shares of Hostess Brands in a cash and stock transaction valued at $34.25 per Hostess Brands share, representing a transaction value of approximately $5.6 billion, including the assumption of debt. Under the terms of the agreement, Hostess Brands shareholders will receive $30.00 in cash and 0.03002 shares of The J.M. Smucker Co. common stock (valued at $4.25 as of September 8, 2023) for each share of Hostess Brands common stock. The purchase price represents a premium of approximately 54% to the closing price of $22.18 on August 24, 2023, the last trading day prior to press reports of a potential transaction.
The J.M. Smucker Co. is a solid value with a yield of 2.75%, and it expects revenue and earnings to grow in fiscal 2024; good news for income investors.
San Diego, CA -- (SBWIRE) -- 09/20/2022 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at The J. M. Smucker Company.
