Market Watch (Free subscription) | 02/07/2008
U.S. stock futures pointed to a second day of gains, with Starbucks seen rising on a plan to slash jobs and Yahoo seen advancing on a report that Microsoft, again, is looking for a way to buy it.
Market Watch (Free subscription) | 02/07/2008
LONDON (MarketWatch) -- Deutsche Bank upgraded jelly and peanut butter maker J.M. Smucker Co. to buy from hold, citing valuation and the potential for improved cash flow from its acquisition of the Folgers coffee brand. Sales could also get a boost from increasingly price-sensitive consumers, the broker said. "With economic pressure, U.S. consumers are eating out less and cooking at home more. Although...
Cincinnati Enquirer (Free subscription) | 20/06/2008
Jams and jellies producer J.M. Smucker Co. said its fourth-quarter earnings fell on higher raw-material costs and a comparison with year-ago results, when its Jif peanut butter got a lift amid a competitor's problems.
Seeking Alpha (Free subscription) | 19/06/2008
The J.M. Smucker Company (SJM) F4Q08 Earnings Call Complete Story ยป
Law Blog - WSJ.com (Free subscription) | 19/06/2008
J.M. Smucker posted a 13% decline in fourth-quarter net income as restructuring costs and lower margins hurt results.
Market Watch (Free subscription) | 19/06/2008
NEW YORK (MarketWatch) -- The J.M. Smucker co. said Thursday that it earned $37.1 million, or 67 cents a share, compared to $42.5 million, or 75 cents, a year ago. Sales rose 20% to $590.0 million. The acquired Eagle businesses contributed $42.5 million and acquisitions in total added $59.9 million in net sales during the quarter for the Orrville, Ohio-based fruit-spread company. Shares fell 1% yesterday...
Joe Pastry (Free subscription) | 18/06/2008
It seems the initial fears over the purchase of the White Lily flour company by the J.M. Smucker company were justified. By the end of the month the historic White Lily Mill in Knoxville, Tennessee will shut its doors for good. It seems insane that in a day where the food world is on fire for unique, locally produced foods and ingredients, Smucker would do such a thing. I suppose the fact that soft...
PR News Wire (Free subscription) | 16/06/2008
One grand prize winner will win a family trip to Walt Disney World(R) Resort ORRVILLE, Ohio, June 16 /PRNewswire/ -- As a family-run company that has passed down time-honored recipes for the past four generations, the makers of Smucker's(R) jams, jellies and preserves would like to help other families across the country keep their traditions and family-favorite recipes alive and encourage them to...
CNNMoney.com (Free subscription) | 10/06/2008
It looks like a simple corporate transaction negotiated around a kitchen table. J.M. Smucker, the jelly and jam outfit, is buying the Folgers coffee business from Procter & Gamble, creating a breakfast food combo. What could be more down-home?
Washington Post (Free subscription) | 10/06/2008
It looks like a simple corporate transaction negotiated around a kitchen table. J.M. Smucker, the jelly and jam outfit, is buying the Folgers coffee business from Procter & Gamble, creating a breakfast food combo. What could be more down-home? But when you look at the $3.3 billion transaction...
The St Louis Business Journal (Free subscription) | 05/06/2008
Procter & Gamble Co. said Wednesday it will sell its Folgers brand to J.M. Smucker Co. in an all-stock deal valued at $3.3 billion. (SJM) (PG)
GlobalGiants.Com (Free subscription) | 05/06/2008
Photo: Co-CEOs Richard & Tim Smucker welcome Folgers into the Smucker family of brands. (The J.M. Smucker Company) The J. M. Smucker Company (NYSE:SJM) and The Procter & Gamble Company (NYSE:PG) announced today the signing of a definitive agreement...
Cincinnati Enquirer (Free subscription) | 05/06/2008
Procter & Gamble's decision to sell Folgers to the J.M. Smucker Co. will benefit shareholders much more than its original plan to "split-out" Folgers as an independent company, analysts said.
Deseret Morning News (Free subscription) | 05/06/2008
Jams and jellies maker J.M. Smucker is adding coffee to its menu of brands by buying Folgers from consumer products company Procter & Gamble in a $2.95 billion, all-stock deal, Smucker's biggest ever.
Houston Chronicle (Free subscription) | 05/06/2008
Jams and jellies maker J.M. Smucker is adding coffee to its menu of brands by buying Folgers from consumer products company Procter & Gamble in a $3 billion all-stock deal.
