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McCormick walks away from Premier Foods' Mr Kipling share takeover
2016-04-13 14:47:23| Food - Topix.net
Shares in Premier Foods slumped by almost 30 per cent this morning after Schwartz spice firm McCormick & Company abandoned its takeover pursuit of the Mr Kipling cakes maker. The US firm walked away from the takeover tussle after having three bid approaches worth up to A 537million rejected by Premier, saying it could not pay a price that would be accepted by the UK group's board.
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Some analysts expect share prices of this maker of beer and wines to continue to rise substantially.
2016-04-13 14:00:57| Beverages - Topix.net
This article is part of a Real Money series on a dozen companies investors should consider adding to their watch list of so-called "vice stocks." Constellation Brands -- a member of Real Money 's "Vice Squad" watch list -- is set to continue is market-beating stock climb, some analysts say, and that's largely due to the mounting appetite among Millennials for wine and beers.
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Terex Co. (TEX) to Post Q2 2016 Earnings of $0.49 Per Share, BB&T Corp. Forecasts
2016-04-13 06:48:05| Industrial Machines - Topix.net
Research analysts at BB&T Corp. raised their Q2 2016 earnings per share estimates for Terex in a research report issued on Friday, Zacks Investment Research reports. BB&T Corp. analyst C. Williams now anticipates that the firm will earn $0.49 per share for the quarter, up from their prior forecast of $0.47.
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Cohen & Steers, Inc. Forecasted to Post FY2016 Earnings of $2.00 Per Share
2016-04-12 05:30:43| Biotech - Topix.net
Cohen & Steers, Inc. - Analysts at Gabelli raised their FY2016 earnings estimates for Cohen & Steers in a research note issued to investors on Thursday, Zacks Investment Research reports. Gabelli analyst M. Sykes now forecasts that the brokerage will earn $2.00 per share for the year, up from their previous estimate of $1.75.
Cranswick purchases issued share capital of Crown
2016-04-12 01:00:00| Food Processing Technology
UK-based food maker Cranswick has purchased the entire issued share capital of the poultry producer CCL Holdings (Crown), as well as its wholly owned subsidiary Crown Chicken, for 40m.
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