-
Peet's Acquisition Heats Up the Coffee Battle
Thursday, July 26, 2012 - 7:54am | 571Read More...Monday's acquisition announcement of Peet's Coffee & Tea (NASDAQ: PEET) for $73.50 per share by privately-held German firm Joh. A. Benckiser presents yet another development in what Piper Jaffray calls the "Year of the Restaurant." Piper Jaffray's report, published following the Peet's news...
-
Smuckers Smacks Down the Competition
Thursday, June 7, 2012 - 8:16am | 367Read More...Looks like peanut butter distributors can expect to endure a pretty lucrative year, as the frick to their frack brought in delicious earnings in its fourth quarter this morning. The J.M. Smucker Company (NYSE: SJM) reported 4Q EPS up 13 percent along with a net sales increase of 14 percent. SJM,...
-
Sara Lee Goes Meat with Hillshire Farms' Brand
Tuesday, June 5, 2012 - 1:10pm | 376Read More...Cakes, meats and drinks are to be divided amongst the continuous Sara Lee Corp. (NYSE: SLE) divorce that has made headlines as of late. The most recent news in the divvying up of the food and beverage distributor? SLE has chosen to adopt Hillshire Brands' name for its North American business,...
