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Pinnacle Foods Vs. Peers: A Growth Story Through Sales Rather Than Cost-Cuts
Thursday, July 14, 2016 - 8:21am | 303Pinnacle Foods Inc (NYSE: PF) is the top pick among food stocks among analysts at BMO Capital Markets. BMO Capital Markets' Kenneth Zaslow commented in a research note that there are several reasons to support his bullish stance. First, the company's synergy targets following its acquisition of...
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Pinnacle Foods Extends Tender Offer To Acquire Boulder Brands Until January 15
Friday, January 8, 2016 - 2:50pm | 245Pinnacle Foods Inc (NYSE: PF) announced on November 24, 2015, that it has entered into an agreement to acquire Boulder Brands Inc (NASDAQ: BDBD) for $11 per share, valuing the company at approximately $295 million. Pinnacle Foods said on Friday it has extended its tender off to acquire all the...
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Markets Reverse Early Morning Gains Following Canadian Shooting
Wednesday, October 22, 2014 - 4:43pm | 1767U.S. stocks reversed early morning gains following a fatal shooting of a Canadian soldier in the nation's capital and a subsequent gunfight inside Canada's Parliament. Declining oil prices was also cited as a factor for the poor performance in equities on Wednesday following the release...
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Shares Of Boulder Brands Collapse To New 52-Week Lows On Poor Outlook
Wednesday, October 22, 2014 - 10:46am | 366Boulder Brands Inc (NASDAQ: BDBD) reported preliminary third quarter results on Wednesday morning, resulting in shares plunging more than 30 percent to new 52-week lows of $8.72. The company's announcement comes just one day after Mario Gabelli disclosed a 50 percent increase in his...