food

Activist investor and major Campbell Soup Company (NYSE: CPB) shareholder Dan Loeb is pushing the soup company to sell itself, but this is an unlikely outcome, according to JPMorgan. The Analyst JPMorgan's Ken Goldman downgraded Campbell Soup from Neutral to Underweight with an unchanged $...

BJs Wholesale Club Holdings Inc (NYSE: BJ), a membership-only warehouse club chain located on the East Coast of the U.S., boasts a solid growth outlook that's mostly priced in to the stock at current levels, according to Morgan Stanley. The Analyst Morgan Stanley's Simeon Gutman initiated...

Packaged food giant Conagra Brands Inc (NYSE: CAG) confirmed Wednesday morning it has reached an agreement to acquire Pinnacle Foods Inc (NYSE: PF) for $8.1 billion, or $10.9 billion including debt. The deal announcement sent shares of Conagra lower by nearly 9 percent while Pinnacle Foods'...

Starbucks Corporation (NASDAQ: SBUX) said Tuesday afternoon in a third-quarter preannouncment that it needs to "move faster to address the more rapidly changing preferences and needs of our customers." The coffee chain lowered its new store growth forecast. The discouraging announcement...

One full year has passed since Amazon.com, Inc. (NASDAQ: AMZN) announced its acquisition of upscale grocer Whole Foods in a $13.7-billion deal. What Was Said Then Here is a roundup of CNBC's compilation of expert commentary following the acquisition. CNBC's Jim Cramer said Amazon's...

Consumers continue to demand more convenient retail shopping options, and this has a negative impact on confectionery and chocolate companies like Hershey Co (NYSE: HSY), according to Credit Suisse. The Analyst Credit Suisse's Robert Moskow downgraded Hershey from Neutral to Underperform...

Concerning customer feedback trends at Yelp Inc (NYSE: YELP) prompted KeyBanc to drop its bullish stance on the stock. The Analyst KeyBanc Capital Markets' Brad Erickson downgraded Yelp's stock rating from Overweight to Sector Weight with no assigned price target. The Thesis Yelp's...

The dynamics of the entire food packaging business changed after Kellogg Company (NYSE: K) decided to exit its direct store delivery snack network to operate a warehouse model. The distribution method that packaged food companies use is becoming increasingly important to investors, according to...

US Foods Holding Corp (NYSE: USFD)'s various initiatives to improve margins and accelerates growth creates a scenario in which the foodservice distribution company can grow its earnings better than its rivals. The Analyst Morgan Stanley's Vincent Sinisi upgraded US Foods from ...

Deutsche Bank analysts lost their appetite for two food companies Monday, including Twinkies maker Hostess Brands Inc (NASDAQ: TWNK) and major conglomerate Dean Foods Co (NYSE: DF). The Analyst Deutsche Bank's Rob Dickerson downgraded Hostess Brands' stock rating from Buy to Hold...