Expansion Plans, Acquisitions, and Growth Strategies - Research Report on Mondelez International, Smithfield Foods, Campbell, Dole, and B&G Foods

NEW YORK, June 19, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting Mondelez International, Inc. (NASDAQ: MDLZ), Smithfield Foods, Inc. (NYSE: SFD), Campbell Soup Company (NYSE: CPB), Dole Food Company, Inc. (NYSE: DOLE), and B&G Foods, Inc. (NYSE: BGS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Mondelez International, Inc. Research Report

On June 13, 2013, Kraft Foods (Suzhou) Co. Ltd. (Kraft Foods China), a part of Mondelez International, Inc. (Mondelez International) family of companies, hosted a ceremony for the expansion of its biscuit plant in Suzhou, China. The project spanning over 30,000 square meters is said to double the Suzhou plant's capacity, creating 340 new jobs. The Company expects an investment of approximately $85 million in the project. The Suzhou plant will feature state-of-the-art production lines to make Oreo and Chips Ahoy! biscuits to meet the growing demand from Chinese consumers. Mondelez International previously announced its strategy to invest in emerging markets to drive sustainable and profitable growth, and this project is stated to be in line with the Company's plans. The Full Research Report on Mondelez International, 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/422e_MDLZ]

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Smithfield Foods, Inc. Research Report

On June 14, 2013, Smithfield Foods, Inc. (Smithfield Foods) reported Q4 FY 2013 and full-year FY 2013 results (period ended April 28, 2013). For Q4 FY 2013, sales increased 3.5% YoY to $3.3 billion. For full-year FY 2013, sales increased 1% YoY to $13.2 billion. For full-year FY 2013, net income was $183.8 million, or $1.26 per diluted share, compared to net income of $361.3 million, or $2.21 per diluted share, in FY 2012. Commenting on the results, C. Larry Pope, President and CEO of Smithfield Foods, said, "Driven by both top and bottom line growth in packaged meats, these earnings reflect our continued transformation into a more value-added consumer packaged meats company. For the full year, packaged meats operating profit increased nearly $70 million, or 17%, year over year and volume was up 4%. Our core brand volume grew even more substantially, up 5%." The Full Research Report on Smithfield 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/3763_SFD]

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Campbell Soup Company Research Report

On June 13, 2013, Campbell Soup Company (Campbell) announced that it has completed the acquisition of Plum Organics (Plum), a provider of premium, organic foods and snacks that serve the nutritional needs of babies, toddlers, and children. Plum will operate as a standalone business within the Company's Campbell North America Division. Campbell also informed that senior members of the newly acquired entity's management team, including Co-Founder and President Neil Grimmer, will continue to lead Plum at its headquarters in Emeryville, California. Grimmer will report to Mark Alexander, President of Campbell North America. According to Campbell, Plum is the No. 2 brand of organic baby food in the US, and the No. 4 baby food brand overall. Plum generated gross sales of $93 million in the year ended December 31, 2012. The Full Research Report on Campbell Soup 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/159d_CPB]

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Dole Food Company, Inc. Research Report

On June 11, 2013, Dole Food Company, Inc. (Dole) announced that its Board of Directors has received an unsolicited proposal from David H. Murdock, the Company's Chairman of the Board and CEO, to acquire all of the Company's outstanding shares of common stock not already owned by Mr. Murdock and his family for $12 per share in cash. The Company stated that its Board of Directors will be meeting over the next several days to establish a Special Committee of independent directors to consider the unsolicited proposal and its implications. The committee will be assessing the appropriate course of action that is in best interests of the Company and its stockholders. The Company cautioned its stockholders that no decisions have been made by the Board of Directors in respect of the Company's response, if any, to the proposal, and the Board of Directors will proceed in a timely and orderly manner to consider the proposal and its implications The Full Research Report on Dole Food Company, 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/5d78_DOLE]

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B&G Foods, Inc. Research Report

On June 10, 2013, B&G Foods, Inc. (B&G Foods) announced that it has entered into an agreement to acquire Robert's American Gourmet Food, LLC dba Pirate Brands (Pirate Brands), a leader in the all-natural snack foods category. The Pirate Brands will be acquired from VMG Partners, Driven Capital Management, founder Robert Ehrlich, and certain other entities and individuals, for approximately $195 million in cash. The Company expects the acquisition to be immediately accretive to its EPS and free cash flow. Post-acquisition, B&G Foods projects that Pirate Brands will generate net sales of $80 million to $90 million and adjusted EBITDA of $18 million to $20 million on an annualized basis after the business is fully integrated into B&G Foods. The acquisition is expected to close in July 2013, subject to regulatory approval and the satisfaction of customary closing conditions. The Full Research Report on B&G 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/0dfb_BGS]

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SOURCE Wall Street Reports