Lawrence Kurzius

McCormick & Company, Incorporated (NYSE: MKC) said last week it will no longer pursue an acquisition of UK-based Premier Foods. Instead, the company announced on Tuesday it has entered into an agreement to acquire Botanical Food Company. Botanical Food Company, based in Australia, is a...

Shares of McCormick & Company, Incorporated (NYSE: MKC) hit a new 52-week high of $99.90 on Tuesday after the company reported its first quarter results. McCormick said it earned $0.74 per share in the first quarter on revenue of $1.03 billion. Wall Street analysts were expecting the...