NEW YORK, April 10, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding
Kellogg Company (NYSE: K), ConAgra Foods, Inc. (NYSE: CAG),
McCormick & Co. Inc. (NYSE: MKC), B&G Foods Inc. (NYSE:
BGS), and TreeHouse Foods, Inc. (NYSE: THS). Private wealth members
receive these notes ahead of publication. To reserve complementary
membership, limited openings are available at:
http://www.AnalystsReview.com/register
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Kellogg Company Analyst Notes
On April 7, 2014, Kellogg
Company's (Kellogg) stock price increased 2.02% to end the day at
$65.06 per share, compared to the
previous day's closing price at $63.77. The Company's stock increased 9.31% over
the past six trading months, compared to the Dow Jones Industrial
Average which went up 9.94% and S&P 500 which grew 10.08%
during the same trading period. The full analyst notes on Kellogg
Company are available to download free of charge at:
http://www.AnalystsReview.com/04102014/K/report.pdf
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ConAgra Foods, Inc. Analyst Notes
On April 3, 2014, ConAgra Foods,
Inc. (ConAgra) announced that its Board of Directors has authorized
and declared a dividend payment of $0.25 per common share. The Company informed that
the said dividend is payable on May 30,
2014 to shareholders of record at the close of the business
on April 30, 2014. The full analyst
notes on ConAgra Foods, Inc. are available to download free of
charge at:
http://www.AnalystsReview.com/04102014/CAG/report.pdf
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McCormick & Co. Inc. Analyst Notes
On April 3, 2014, McCormick &
Co. Inc. (McCormick) announced the retirement of Charles T. Langmead, President - Global
Industrial Business, with effect from July
1, 2014. Alan D. Wilson,
Chairman, President and CEO of McCormick said, "Chuck embodies
McCormick's core values. His dedication to the company and his
commitment to his customers serve as a model to those who have
worked with Chuck over the years, He has also demonstrated great
support for his hometown as evidenced by his impactful service on a
number of local community boards. Chuck is a difference maker, and
he leaves a lasting imprint on McCormick." The Company stated that
Mr. Langmead has served McCormick's Management Committee for the
past seven years. McCormick informed that he also pioneered
McCormick's diversity initiative as Chairman of the Company's first
Diversity Council and is an Emeritus member of the Multiple
Management Board. The full analyst notes on McCormick & Co.
Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04102014/MKC/report.pdf
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B&G Foods Inc. Analyst Notes
On April 3, 2014, B&G Foods,
Inc. (B&G Foods) announced that it has entered into an
agreement to acquire Specialty Brands of America, Inc. (Specialty
Brands) and related entities from affiliates of American Capital,
Ltd. and certain individuals for approximately $155 million in cash. David L. Wenner, President and CEO of B&G
Foods commented, "We look forward to welcoming Specialty Brands
into our family of brands. These brands complement very well our
existing portfolio of brands and we believe that B&G Foods will
be able to enhance the growth prospects of these brands. In
addition, consistent with our acquisition strategy, we expect the
acquisition to be immediately accretive to our earnings per share
and free cash flow." B&G Foods anticipates that post the
acquisition, Specialty Brands, after being fully integrated into
B&G Foods, will generate on an annualized basis net sales of
approximately $85 million and
adjusted EBITDA of approximately $20
million. The Company stated that it intends to fund the
acquisition with cash on hand and borrowings under its existing
revolving credit facility. B&G Foods expects the acquisition to
close during the Q3 2014 or Q4 2014, subject to regulatory approval
and the satisfaction of customary closing conditions. The full
analyst notes on B&G Foods Inc. are available to download free
of charge at:
http://www.AnalystsReview.com/04102014/BGS/report.pdf
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TreeHouse Foods, Inc. Analyst Notes
On April 7, 2014, TreeHouse Foods
Inc.'s (TreeHouse Foods) stock increased slightly by 0.13% to end
the day at $69.94, compared to the
previous day's closing price at $69.85. The Company's stock declined 2.11% over
the past five trading days, compared to the Dow Jones Industrial
Average which also went down 1.29% and to S&P 500 which
decreased 1.46% over the same trading period. The full analyst
notes on TreeHouse Foods, Inc. are available to download free of
charge at:
http://www.AnalystsReview.com/04102014/THS/report.pdf
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