Updates on New Products, Business Relocation, Appointments and Regulatory Clearance for Transactions - Research Report on Campbell, Kellogg, Smithfield, Hillshire, and Ingredion
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NEW YORK, September 11, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Campbell Soup Company (NYSE: CPB), Kellogg Company (NYSE: K), Smithfield Foods Inc. (NYSE: SFD), Hillshire Brands Co. (NYSE: HSH), and Ingredion Inc. (NYSE: INGR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Campbell Soup Company Research Report
On September 4, 2013, Campbell Soup Company (Campbell) and Green Mountain Coffee Roasters, Inc. (GMCR) announced its partnership to bring together Campbell's, the popular soup brand in the United States, and Keurig, the popular coffee brewer brand in the United States. According to Campbell, the partnership agreement would help the Company to offer consumers with the taste and experience of Campbell's Fresh-Brewed soups in a convenient snack through the ease and convenience of the Keurig brewing system. Campbell and GMCR further informed about their plan to launch three varieties of the soup pack, including Homestyle Chicken Broth & Noodle in 2014. Brian P. Kelley, President and CEO of GMCR, said, "The union of Campbell's great taste and the speed and convenience of Keurig invites new consumption occasions and positions both companies to better meet the growing snacking needs of consumers in the U.S." The Full Research Report on Campbell Soup Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-08/CPB]
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Kellogg Company Research Report
On August 29, 2013, Kellogg Company (Kellogg) announced that it has relocated its Asia Pacific headquarters to Singapore. According to the Company, in line with the relocation, Kellogg's regional president, as well as supply chain, HR, R&D, marketing and finance leaders will all be based in the new office. Further the Company informed that its R&D regional center for savoury snacks, including foods marketed under the Pringles brand, will also be accommodated in Singapore. Amit Banati, President of Kellogg Asia Pacific, said, "Singapore is a first-class city in which to operate We're delighted to run the Kellogg Asia Pacific region from such a prime location that welcomes business. We thank the Singapore Economic Development Board (EDB) for their support and cooperation and look forward to a long and productive relationship." The Full Research Report on Kellogg Company - including full detailed reakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-08/K]
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Smithfield Foods Inc. Research Report
On September 6, 2013, Smithfield Foods Inc. (Smithfield) along with Shuanghui International Holdings Limited (Shuanghui International) announced that they have received clearance from the Committee on Foreign Investment in the United States (CFIUS), on their proposed merger transaction. The Companies further informed that they have received governmental merger clearance in Ukraine, and shareholders of Smithfield are scheduled to cast their vote on the transaction at a special shareholders' meeting on Tuesday, September 24, 2013. On the same day, Smithfield also reported its financial results for Q1 FY 2014 (period ended July 28, 2013). The Company's sales increased 9.8% YoY to $3.4 billion during the quarter. The Company posted net income of $39.5 million or $0.27 per diluted share in Q1 FY 2014, compared to net income of $61.7 million or $0.40 per diluted share in Q1 FY2013. The Full Research Report on Smithfield Foods Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-08/SFD]
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Hillshire Brands Co. Research Report
On September 4, 2013, Hillshire Brands Company announced that one of its divisions, Sara Lee Foodservice (Sara Lee), has introduced Chef Pierre Luxe Layers, a collection of four pies that combine two distinctive flavors separated by a "midcrust." According to the Company, the new product allows operators to provide an upscale pie at a midrange price. Sara Lee informed that the new The Chef Pierre Luxe Layers are available in a combination of four flavors: Blueberry with Lemon Meringue, Apple with Salted Caramel, Cherry with Chocolate Ganache, and Chocolate Mousse with Caramel. Jason Katzman, Vice President of Marketing, Sara Lee, said, "As the foodservice leader in pie, we regularly bring innovation to the category. Our unique midcrust innovation is a breakthrough that allows us to create a new dessert that layers perfect flavor and texture combinations." The Full Research Report on Hillshire Brands Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-08/HSH]
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Ingredion Inc. Research Report
On September 4, 2013, Ingredion Inc. (Ingredion) announced that Julio dos Reis, Senior Vice President and President, South America Ingredient Solutions, will retire from his position, effective December 31, 2013. The Company also announced that Ricardo de Abreu Souza will succeed Julio dos Reis as the new Senior Vice President and President, South America Ingredient Solutions, effective January 1, 2014. Ilene Gordon, Chairman, President and CEO of the Company, said, "I am grateful for the strong leadership Julio has brought to Ingredion over his career and we wish him all the best in his retirement. We are pleased to have a deep talent pool internally and to have a talented manager like Ricardo to run our South American region." The Full Research Report on Ingredion Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-08/INGR]
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