Acquisitions, Financial Results, and Technical Updates - Analyst Notes on Smucker's, Pilgrim's, White Wave Foods, Post and Bunge
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 12, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding The J.M. Smucker Company (NYSE: SJM), Pilgrim's Pride Corporation (NASDAQ: PPC), WhiteWave Foods Co (NYSE: WWAV), Post Holdings Inc (NYSE: POST) and Bunge Ltd (NYSE: BG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3647-100free.
--
The J.M. Smucker Company Analyst Notes
On June 5, 2014, The J.M. Smucker Company (Smucker's) released its Q4 FY 2014 and full-year FY 2014 (period ended April 30, 2014) financial results. For the quarter, net sales were down 7.9% YoY to $1.2 billion. Net income stood at $118.5 million or $1.16 per diluted share compared with $130.3 million or $1.22 per diluted share in Q4 FY 2013. For FY 2014, net sales declined by 4.9% YoY to $5.6 billion. Net income was at $565.2 million or $5.42 per diluted share versus $544.2 million or $5.00 per diluted share for FY 2013. "Our 2014 record earnings per share achievement once again demonstrates that the principles that have guided our Company for 117 years continue to deliver results regardless of the headwinds encountered," said Richard Smucker, CEO. For FY 2015, the Company expects net sales to increase by approximately 5% YoY. The full analyst notes on Smucker's are available to download free of charge at:
http://www.analystsreview.com/Jun-12-2014/SJM/report.pdf
--
Pilgrim's Pride Corporation Analyst Notes
On June 9, 2014, Pilgrim's Pride Corporation (Pilgrim's) announced the withdrawal of its proposal for acquiring The Hillshire Brands Company (Hillshire). Bill Lovette, Pilgrim's CEO remarked, "As a disciplined acquirer, we determined that it was in the best interests of our shareholders not to increase our proposed price of $55.00 per share in cash. Pilgrim's will maintain its strong focus on operational excellence and shareholder value, while pursuing acquisition opportunities that advance our stated strategy. We appreciate the support of our shareholders, customers and team members throughout this process." The Company stated that its decision to withdraw follows the Tyson Foods, Inc.'s announcement on June 9, 2014 regarding Hillshire. The full analyst notes on Pilgrim's are available to download free of charge at:
http://www.analystsreview.com/Jun-12-2014/PPC/report.pdf
--
WhiteWave Foods Co Analyst Notes
On June 9, 2014, WhiteWave Foods Co's (White Wave Foods) stock gained 0.49% to close trading at $32.56. Over the past three trading days, White Wave Foods' stock increased by 1.72% while the S&P 500 also increased by 1.21% during that same period. The full analyst notes on White Wave Foods are available to download free of charge at:
http://www.analystsreview.com/Jun-12-2014/WWAV/report.pdf
--
Post Holdings Inc Analyst Notes
On June 2, 2014, Post Holdings Inc (Post) completed its acquisition of Michael Foods - a leading producer of value-added food products and service solutions. The Company further reported that it has closed its previously announced senior notes offering and senior secured term loan facility at the same time with the closing of the Michael Foods acquisition. The full analyst notes on Post are available to download free of charge at:
http://www.analystsreview.com/Jun-12-2014/POST/report.pdf
--
Bunge Ltd Analyst Notes
On June 9, 2014, Bunge Ltd's (Bunge) stock closed at $76.33, reflecting a 0.35% drop. Over the past five days of trading, Bunge's stock declined 0.88% while the Dow Jones Industrial Average gained 1.19% during that same period. The full analyst notes on Bunge are available to download free of charge at:
http://www.analystsreview.com/Jun-12-2014/BG/report.pdf
--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article