Hillshire Brands

A bidding war in the packaged meat industry kicked off when Tyson Foods made a $6.1 billion bid for Hillshire Brands, topping Pilgrim’s Pride Corp’s offer of $5.5 billion. A combination of either bidder with Hillshire Brands would create the largest packaged meat company. Increasing the drama...

U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...

Newly elected Ukrainian President Petro Poroshenko looked to be making good on his promise to quash the pro-Russian rebellion in the nation's eastern region after he ordered an airstrike in the Donetsk region. More than 50 separatist rebels have been reported dead with evidence of heavy...

U.S. stocks rose on a light volume trading session following a three day weekend. Regardless, the S&P 500 index hit a new intraday all time high of 1,912.28. Tuesday's trading session saw the release of mostly positive economic data including durable goods and the S&P/Case-Shiller...

U.S. stocks rose as both the Dow and S&P 500 indices closed at record highs. With over 90 percent of S&P 500 companies reported earnings, investor focus has shifted to renewed merger and acquisition activity that provides a higher level of confidence that the economy is expanding. The...

Bank of America/Merrill Lynch's "2013 Food and Beverage Year Ahead" report is out. The analyst was looking for stocks of well-positioned companies with products that are protected from consumer weakness or those with strong franchises in developing markets. Among its top stocks picks for this...