NEW YORK, September 22, 2016 /PRNewswire/ --
Manufacturers of Processed and Packaged Goods distribute and sell consumer staples such as food, beverage, home products, and personal care products to retailers. These companies tend to offer average dividend yields. Today, Stock-Callers.com takes a closer look at the performances of Treehouse Foods Inc. (NYSE: THS), B&G Foods Inc. (NYSE: BGS), McCormick & Co. Inc. (NYSE: MKC), and AdvancePierre Foods Holdings Inc. (NYSE: APFH). These stocks research reports can be downloaded now by simply registering for free at:
Oak Brook, Illinois-based Treehouse Foods Inc.'s stock finished Wednesday's session 1.24% higher at $86.71 with a total trading volume of 832,831 shares. The Company's shares have advanced 10.51% on an YTD basis. The stock is trading 2.48% below its 200-day moving average. Additionally, shares of Treehouse Foods, which operates as a food and beverage manufacturer in the US and Canada, have a Relative Strength Index (RSI) of 29.51.
On September 20th, 2016, Treehouse Foods announced that it will host a live audio webcast of its Q3 earnings results conference call on November 3rd, 2016 at 9:00 a.m. EDT. An earnings release will be issued before the market opens on the same date. Your complete research report on THS can be retrieved for free at:
On Wednesday, shares in Parsippany, New Jersey headquartered B&G Foods Inc. recorded a trading volume of 1.27 million shares, which was above their three months average volume of 657,740 shares. The stock ended the session 5.46% higher at $49.63. The Company's shares have advanced 3.55% in the last one month, 9.40% in the previous three months, and 44.79% since the start of this year. The stock is trading 3.65% above its 50-day moving average and 23.64% above its 200-day moving average. Moreover, shares of B&G Foods, which manufactures, sells, and distributes a portfolio of shelf-stable, and frozen food and household products in the US, Canada, and Puerto Rico, have an RSI of 62.41.
On September 21st, 2016, B&G Foods announced that it has entered into an agreement to acquire the spices and seasonings business of ACH Food Companies, Inc., for approximately $365 million in cash, subject to a post-closing inventory adjustment. The ACH spices and seasonings business includes the Spice Islands, Tone's and Durkee brands. The business also includes Weber brand sauces and seasonings, which are sold under license. As part of the acquisition, B&G Foods is also acquiring a manufacturing facility in Ankeny, Iowa. B&G Foods expects the acquisition to close during Q4 2016, subject to customary closing conditions, including the receipt of regulatory approvals. BGS free report is just a click away at:
Shares in Sparks, Maryland-based McCormick & Co. Inc. closed the day 0.25% higher at $96.47. The stock recorded a trading volume of 913,039 shares, which was higher than its three months average volume of 628,740 shares. The Company's shares have gained 13.70% on an YTD basis. The stock is trading 1.70% above its 200-day moving average. Additionally, shares of McCormick, which manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry, have an RSI of 36.02.
On September 16th, 2016, McCormick announced that it will conduct a conference call and webcast of its Q3 2016 financial results on September 30th, 2016, at 8:00 a.m. ET. Lawrence Kurzius, President and CEO; Mike Smith, Executive Vice President & CFO; and Joyce Brooks, Vice President Investor Relations, will be hosting the call.
On September 16th, 2016, research firm Bernstein downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Sign up for your complimentary research report on MKC at:
AdvancePierre Foods Holdings
At the close, shares in Blue Ash, Ohio headquartered AdvancePierre Foods Holdings Inc. ended at $25.87, which was 0.04% lower from its previous trading session. The stock recorded a trading volume of 253,920 shares. The Company's shares have advanced 0.58% in the last one month and 8.38% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.21%, each. Furthermore, shares of AdvancePierre Foods Holdings, which produces and distributes ready-to-eat sandwiches, sandwich components, and other entrees and snacks, have an RSI of 58.27.
As per notes filed with the SEC on September 16th, 2016, the Compensation Committee of the Board of Directors of AdvancePierre Foods Holdings approved on September 14th, 2016, an amendment to each outstanding Restricted Stock Award Agreement covering restricted stock granted under the AdvancePierre Foods Holdings, Inc. 2009 Omnibus Equity Incentive Plan, as amended, including Restricted Stock Award Agreements with certain executive officers of the company. The amendment provided that cash dividends paid by the company on its common stock will be paid on all outstanding vested and unvested restricted stock. Register for free on Stock-Callers.com and download the latest research report on APFH at:
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