NEW YORK, April 10, 2017 /PRNewswire/ --
Focus is on the Major Diversified Foods industry, which has a total of 19,573 granted patents and 31,811 patent applications distributed into 17,121 patent families. Based on the countries of patent applications, the key markets are Japan, US, and European Patent Office. Pre-market this morning, Stock-Callers.com monitors The Kraft Heinz Co. (NASDAQ: KHC), Lamb Weston Holdings Inc. (NYSE: LW), Pilgrim's Pride Corp. (NASDAQ: PPC), and Blue Buffalo Pet Products Inc. (NASDAQ: BUFF). Learn more about these stocks by accessing their free research reports at:
Shares in Pittsburgh, Pennsylvania headquartered The Kraft Heinz Co. ended Friday's session 0.27% lower at $90.70 with a total trading volume of 1.85 million shares. The stock has advanced 5.78% over the previous three months and 4.56% on an YTD basis. The Company's shares are trading 4.20% above their 200-day moving average. Moreover, shares of Kraft Heinz, which manufactures and markets food and beverage products in the US, Canada, Europe, and internationally, have a Relative Strength Index (RSI) of 47.55.
On March 21st, 2017, Kraft Heinz announced its expanded commitment to corporate social responsibility (CSR) through sustainability targets that protect the planet and benefit people and society at large. The new CSR goals support the Company's vision "To Be the Best Food Company, Growing a Better World," and initially focus on three areas in which Kraft Heinz believe it can make the greatest impact: global hunger and malnutrition, supply chain sustainability, and the environment. Free research report on KHC is available at:
Eagle, Idaho-based Lamb Weston Holdings Inc.'s shares saw a slight decline of 0.35%, closing the day at $42.99. A total volume of 2.62 million shares was traded, which was higher than their three months average volume of 1.33 million shares. The stock has advanced 4.90% in the last month, 17.33% in the previous three months, and 14.17% on an YTD basis. The Company's shares are trading 6.20% and 13.58% above their 50-day and 200-day moving averages, respectively. Additionally, shares of Lamb Weston, which produces and markets value-added frozen potato products worldwide, have an RSI of 62.82.
On April 06th, 2017, Lamb Weston Holdings announced its third quarter 2017 results. Net sales were $769 million; income from operations was $145 million; adjusted EBITDA, including unconsolidated joint ventures, was $191 million; diluted EPS was $0.57; and adjusted diluted EPS was $0.59.
On April 07th, 2017, research firm Stifel downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $42 a share to $44 a share. The complimentary research report on LW can be downloaded at:
Last Friday, shares in Greeley, Colorado headquartered Pilgrim's Pride Corp. declined 0.44%, closing the session at $22.69. The stock recorded a trading volume of 788,192 shares. The Company's shares have advanced 7.54% in the last one month, 18.42% over the previous three months, and 19.48% on an YTD basis. The stock is trading 8.70% above its 50-day moving average and 7.20% above its 200-day moving average. Furthermore, shares of Pilgrim's Pride, which engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators in the US, Mexico, and Puerto Rico, have an RSI of 76.46.
On February 27th, 2017, Pilgrim's Pride announced that it will host its annual meeting of shareholders on Friday, April 28th, 2017, at 10 a.m. ET. This meeting, which will include a review of FY16 and other business, as may be properly brought before the meeting, will take place at Pilgrim's Pride Corporation headquarters at 1770 Promontory Circle in Greeley, Colorado.
On March 27th, 2017, research firm KeyBanc Capital Markets downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'. Visit us today and access our complete research report on PPC at:
Wilton, Connecticut headquartered Blue Buffalo Pet Products Inc.'s stock finished the session 0.26% higher at $22.91. A total volume of 1.52 million shares was traded, which was above their three months average volume of 934,260 shares. The Company's shares are trading below their 50-day moving average by 5.64%. Additionally, shares of Blue Buffalo Pet Products, which through its subsidiary, Blue Buffalo Company, Ltd., operates as a pet food company in the US, Canada, Japan, and Mexico, have an RSI of 37.58.
On March 17th, 2017, Blue Buffalo Pet Products announced that the Company is voluntarily recalling one production lot of BLUE Wilderness® Rocky Mountain Recipe Red Meat Dinner Wet Food for Adult Dogs, as the product has the potential to contain elevated levels of naturally-occurring beef thyroid hormones.
On March 17th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. Get free access to your research report on BUFF at:
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