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Fintech Focus For August 31, 2020
Sunday, August 30, 2020 - 10:33pm | 2934Quote Of The Day: Life is a succession of lessons which must be lived to be understood. - Ralph Waldo Emerson Fintech Movers: Banks have something most technologists don’t have enough of: Banks have domain expertise. Technologists tend to discount the exchange value of domain knowledge. And...
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Can Nike Or Pepsi Beat Low Earnings Expectations?
Sunday, September 25, 2016 - 2:08pm | 662Upcoming earnings highlights include the latest results from two consumer goods giants. Consensus Wall Street forecasts see lower earnings from each of them. But only one of them is expected to show some growth on the top line. In another quiet week on the earnings front, reports from consumer...
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McCormick Announces Acquisition Of Australia-Based Botanical Food Company, Transaction To Be Fully Accretive In 2017
Tuesday, April 19, 2016 - 2:11pm | 276McCormick & 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...
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McCormick Says It Has Completed A Due Diligence Review Of Premier Foods And Will Not Make An Acquisition Offer
Wednesday, April 13, 2016 - 8:44am | 198McCormick & Company, Incorporated (NYSE: MKC) announced on Wednesday it will no longer pursue an acquisition of UK-based Premier Foods. The manufacturer of spices and condiments announced in late March it was pursuing an acquisition of Premier Foods. However, McCormick announced on Wednesday it...
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McCormick Hits New 52-Week High Following Q1 Earnings Beat
Tuesday, March 29, 2016 - 12:08pm | 354Shares 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...
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Earnings Expectations for the Week of April 1
Sunday, March 31, 2013 - 2:19pm | 870Here is a quick look at what analysts expect to see from ConAgra Foods (NYSE: CAG), McCormick (NYSE: MKC), Monsanto (NYSE: MON) and some of the other most prominent quarterly reports scheduled for this week. Acuity Brands Second-quarter fiscal 2013 earnings from Atlanta-based Acuity Brands (NYSE...
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Earnings Expectations for the Week of January 21
Sunday, January 20, 2013 - 2:14pm | 1169The focus was on the big banks last week, with Goldman Sachs (NYSE: GS), J.P. Morgan (NYSE: JPM) and Morgan Stanley (NYSE: MS) reporting strong results, but Bank of America (NYSE: BAC) and Citigroup (NYSE: C) not so much. The spotlight is on tech earnings this week. Analysts anticipate lower per-...
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Earnings Expectations for the Week of June 25 (MON, NKE, GIS)
Monday, June 25, 2012 - 11:17am | 941This week, General Mills, Monsanto and Nike will step into the earnings spotlight. All three of these companies are forecast to report earnings growth. Below is a day-by-day rundown of what analysts expect from the week's most prominent quarterly reports. Monday Apollo Group (NASDAQ: APOL), an...
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Earnings Expectations for the Week of March 26 (BBY, FDO, WAG)
Sunday, March 25, 2012 - 10:58am | 1144While much of the attention will be on the Supreme Court this week, Best Buy is on tap to report its quarterly results. Analysts expect year-over-year earnings growth from the box-box retailer, as well as from Family Dollar and Red Hat. But the consensus forecasts for this week's results from...
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Nine Food Stocks for a Hungry Portfolio
Thursday, December 8, 2011 - 12:06pm | 932A hungry portfolio might find a pick-me-up in one or more of these food-related stocks, all of which have had some momentum in the past few months, if not longer. Breakfast General Mills (NYSE: GIS) is up more than 13% from a nine-month low in August, as well as up about 18% from a year ago. This...
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Earnings Expectations for the Week of September 26
Sunday, September 25, 2011 - 7:57am | 909As the month and the calendar quarter wind down this week, only a handful of companies are scheduled to report their earnings results. These include Accenture (NYSE: ACN), Darden Restaurants (NYSE: DRI), Family Dollar (NYSE: FDO), Jabil Circuit (NYSE: JBL), McCormick (NYSE: MKC) and Walgreen (NYSE...
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Deutsche Bank Maintains Buy Opinion On McCormick
Tuesday, April 5, 2011 - 7:54am | 74According to Deutsche Bank, McCormick (NYSE: MKC) retains its Buy opinion. Deutsche Bank reported that it believes LT goals (4-6% sales, 9-11% EPS) can be achieved and thus valuation can still modestly expand. “In addition share leadership, new products, solid profitability, productivity programs...
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Deutsche Bank Reports F1Q11 Earnings Preview On McCormick
Friday, March 25, 2011 - 8:58am | 117According to Deutsche Bank, McCormick (NYSE: MKC) gave a F1Q11 earnings preview. Deutsche Bank reported that it believes LT goals (4-6% sales, 9-11% EPS) can be achieved and thus valuation can expand, hence its BUY opinion. “In addition share leadership, new products, solid profitability, strong B...
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Deutsche Bank Raises PT On McCormick To $51
Friday, March 25, 2011 - 7:41am | 26Deutsche Bank has raised the price target on McCormick (NYSE: MKC) from $49 to $51 and maintains its Buy rating.