Going Green, M&As, Expansions Help Build Not Just Profits but Communities - Research Report on Heinz, United Natural Foods, Post, Sanderson Farms, and Coca-Cola
NEW YORK, June 11, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting H.J. Heinz Company (NYSE: HNZ), United Natural Foods, Inc. (NASDAQ: UNFI), Post Holdings Inc. (NYSE: POST), Sanderson Farms, Inc. (NASDAQ: SAFM), and The Coca-Cola Company (NYSE: KO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
H.J. Heinz Company Research Report
On June 4, 2013, H.J. Heinz Company (Heinz) announced that it is extending the expiration date of its change of control offers to purchase any and all of its outstanding 2% Notes due 2016, 1.5% Notes due 2017, 3.13% Notes due 2021, and 2.85% Notes due 2022 for cash equal to 101% of the principal amount, until 5:00 p.m. New York City time, on June 5, 2013. As of June 3, 2013, approximately the following aggregate principal amounts of Notes had been tendered in the respective Change of Control Offers: $241.7 million aggregate principal amount of Notes due 2016, $282.3 million aggregate principal amount of Notes due 2017, $365.6 million aggregate principal amount of Notes due 2021 and $294.2 million aggregate principal amount of Notes due 2022. The Full Research Report on H.J. Heinz Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/a805_HNZ]
United Natural Foods, Inc. Research Report
On May 30, 2013, United Natural Foods, Inc. (UNFI) announced the completion of its most recent renewable energy project and informed that the new solar panel array is officially live atop UNFI's distribution center in Moreno Valley, CA. The 1.12 megawatt system contains 4,676 panels and is expected to produce over 1.6 million kWh (kilowatt-hour) of clean energy annually. The new system will reduce UNFI's greenhouse gas emissions by 525 metric tons each year. The Moreno Valley facility will be the fourth building in the Company's national distribution network to host a solar panel system. It is expected to take approximately 30% of Moreno Valley's electricity consumption off the grid. The Full Research Report on United Natural Foods, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/991c_UNFI]
Post Holdings Inc. Research Report
On May 28, 2013, leading manufacturer, marketer and cereal distributor, Post Holdings, Inc. (Post) announced that it has completed the previously announced acquisition of the branded and private label cereal, granola and snacks business of Hearthside Food Solution, a portfolio company of Wind Point Partners. Post plans to combine the acquired business with its Attune Foods business, a branded ready-to-eat cereal business Post acquired in December 2012. The expanded Attune Foods will continue to be managed independently and will report to Terence E. Block, President and Chief Operating Officer of the Company. The acquisition includes a 135,000 square foot manufacturing facility, capable of producing a variety of product and package formats, and a 30,000 square foot finished goods warehouse. The Full Research Report on Post Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ce40_POST]
Sanderson Farms, Inc. Research Report
On May 30, 2013, Sanderson Farms, Inc. (Sanderson Farms) reported its Q2 FY 2013 results (period ended April 30, 2013). Net sales came in at $621.2 million, reflecting a 4.4% YoY increase primarily due to higher average sales prices of chicken. Net income was $24.4 million or $1.06 per share, compared with net income of $23.9 million, or $1.04 per share in Q2 FY 2012. "The results for our second quarter of fiscal 2013 reflect improved market conditions driven primarily by an overall increase in demand for poultry products," said Joe F. Sanderson, Jr., Chairman and CEO of the Company. "While our volumes reflect the production cuts we put in place last fall, demand for chicken remains strong from our retail grocery store and export customers. In addition, while customer traffic through food service establishments remains challenged by macroeconomic factors, several new chicken items on quick serve menus and chicken promotions in casual dining restaurants, coupled with relatively high priced beef, contributed to better market prices during the quarter for products produced at our food service plants." The Full Research Report on Sanderson Farms, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/763b_SAFM]
The Coca-Cola Company Research Report
On June 4, 2013, The Coca-Cola Company (Coca-Cola) announced the inauguration of its bottling plant in Crystal Springs, Hmawbi Township in Myanmar. The facility is the first to locally bottle Coca-Cola since the Company re-entered Myanmar in 2012. The historic event continues the long-term commitment of Coca-Cola to generate a lasting positive impact by manufacturing, distributing, selling and hiring through its local business in Myanmar. "For the people of Myanmar, Coca-Cola embodies the optimism of a bright future, with the promise of better days and better lives ahead. We are privileged to be a part of their journey," said Muhtar Kent, Coca-Cola's Chairman and CEO. Coca-Cola, through its local presence, will contribute to Myanmar's economic and social success by investing in local manufacturing, employing local people, engaging local suppliers and distributors and supporting community investment programs. This investment will stimulate job creation and Coca-Cola estimates that it will create more than 22,000 job opportunities across the entire value chain over the next five years. The Full Research Report on The Coca-Cola Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/f8df_KO]
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SOURCE Wall Street Reports