Packaged Foods & Meats

Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) are sharply higher today, gaining $2.00 to $60.99, a gain of nearly 4%, despite the broader markets getting destroyed again today. Volume is running particularly high today, having traded around 4 million shares, which is just below the...

J.P. Morgan is out with its report today on Sanderson Farms (NASDAQ: SAFM), raising its PT from $34 to $39. In a note to clients, J.P. Morgan writes, "We reiterate our Underweight rating on SAFM, which lately has outperformed its protein peers. Though we raise our target price to $39 from $34 (~$...

JP Morgan has raised the price target on Sanderson Farms, Inc. (NASDAQ: SAFM) from $34 to $39 and maintains its Underweight rating.

Benzinga's Option and Volatility Edge has had another great success. The Options and Volatility Edge suggested initiating a position in Campbell Soup (NYSE: CPB) for a long March $34/33 put spread/short $35 call position for a net credit of $0.05. Today the Options and Volatility Edge suggested...

Kraft Foods (NYSE: KFT) announced today that Timothy R. McLevish, 55, Executive Vice President and Chief Financial Officer, will leave the company mid-year 2011 to pursue opportunities in general management. McLevish will be fully engaged in reporting the company's first quarter financial results...

Shares of ConAgra Foods (NYSE: CAG) are lower on the session by 0.77%, currently trading at $23.19. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short...

In a report published by Citi, General Mills (NYSE: GIS) has a world of growth at Cereal Partners Worldwide. Citi said that it recently met with CPW's management, where they outlined the significant opportunities for the growth of global ready-to-eat cereal. “Management expects to drive high...

In a report published by Citi, Kraft Foods (NYSE: KFT) is set to continue to drive growth in sales and margins. Citi said that it recently met with Michael Clarke, President of Kraft Foods Europe. “The tone was very positive as the Kraft Foods Europe story is one of improvement with a...

Did you know that the Market Vectors Russia Exchange Traded Fund (RSX) has significantly outperformed the S&P 500 over the last two years. It has also outperformed over the last year, the last six months, and the last three months. Where has all this strength come from? Russia has the world's...

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) shares are off $2.71 to $59, a loss of over 4.4%, giving back some of the gains the company saw yesterday after it announced a deal with Starbucks (NASDAQ: SBUX) to put Starbucks coffee into Keurig coffee machines. Green Mountain Coffee Roasters,...

Goldman Sachs is out with its report today on Sara Lee (NYSE: SLE), moving the company from NR to Buy. In a note to clients, Goldman Sachs writes, "We have removed the NR designation from SLE shares. We now rate SLE a Buy with a 12-month price target of $19. SLE has announced plans to split in two...

J.P Morgan recently visited the management team of Dean Foods (NYSE: DF), the Dallas-based dairy company. Its takeaway was that Dean now faces a long, arduous path to generate the kind of savings that could eventually offset the roughly $100 million, or $0.55, in permanently lost margin from last...

In a report published by Goldman Sachs, Hansen Natural (NASDAQ: HANS) is downgraded to Neutral. Goldman Sachs said that it is downgrading shares of HANS from Buy to Neutral in conjunction with reinstating Sara Lee (SLE) with a Buy rating. “We continue to remain constructive on the HANS story long-...

Karen Finerman said on CNBC's Fast Money Pops & Drops that Elliott management announced that it wants to put its nominees on the board of directors of Iron Mountain Incorporated (NYSE: IRM). Karen Finerman thinks that this stock is worth of taking a look. Iron Mountain Incorporated (IRM) gained...

Cusick's Corner Shots fired in Saudi Arabia, the market finished at its worst levels, and for the first time all year this market is looking truly distressed. This action is exactly why I have been discussing protection and spread trading. Mitigating risk tactics are essential, especially when...