Consumer products behemoth, Unilever plc (UL) rejected Kraft Heinz Company's (KHC) $143 billion merger proposal on Feb 17, 2017 stating that that there is no financial or strategical merit in it.
Campbell (CPB) released second-quarter 2017 results.
Fossil Group Inc. (FOSL) is set to report fourth-quarter 2016 results after the market closes on Feb 14. Last quarter, this global consumer fashion accessories maker and distributor posted a positive earnings surprise of 40.0%.
TreeHouse Foods, Inc. (THS) reported better-than-expected fourth-quarter 2016 results, after a weak third quarter performance. The acquisition of Private Brands business from ConAgra Foods, Inc. (CAG) (closed in Feb 2016) led to the growth. Shares of the food company gained 12.4% yesterday.
Kellogg Company (K) posted an earnings beat in the fourth quarter of 2016 on robust cost savings and higher demand for its snack products in the U.S.
Reynolds American Inc.'s (RAI) fourth-quarter 2016 adjusted earnings of 62 cents per share surpassed the Zacks Consensus Estimate of 60 cents by 3.3%.
Tobacco giant, Altria Group Inc.'s (MO) shares have been rising ever since the Marlboro owner reported higher-than-expected earnings in the fourth quarter and full year 2016.
Premium consumer goods company, Pilgrim's Pride Corporation (PPC) reported weak fourth-quarter 2016 (ended Dec 25, 2016) results.
Global food products maker and distributor Sysco Corporation's (SYY) second-quarter fiscal 2017 earnings exceeded expectations. The revenues however, were in line.
Tyson Foods, Inc. (TSN) posted first-quarter fiscal 2017 results, wherein both earnings and revenues beat the Zacks Consensus Estimate.
Reynolds American Inc. (RAI) is scheduled to report fourth-quarter 2016 results on Feb 9, before the opening bell.
Philip Morris International Inc. (PM) reported adjusted fourth-quarter 2016 earnings per share of $1.10, missing the Zacks Consensus Estimate of $1.11 by a penny.
Estee Lauder Companies Inc. (EL) posted mixed second-quarter fiscal 2017 results, wherein earnings beat the Zacks Consensus Estimate, revenues missed the same.
Altria Inc.'s (MO) fourth-quarter 2016 adjusted earnings of 68 cents per share beat the Zacks Consensus Estimate of 67 cents by a penny.
Tyson Foods, Inc. (TSN) is slated to release first-quarter fiscal 2017 results on Feb 6, 2017.
Sysco Corporation (SYY) is set to report second-quarter fiscal 2017 results before the opening bell on Feb 6. Last quarter, this global food products maker and distributor posted a positive earnings surprise of 13.56%.
Consumer packaged food and beverage giant, The Kraft Heinz Company (KHC) formed a joint venture with Oprah Winfrey, named Mealtime Stories, LLC.
McCormick & Co. Inc. (MKC) posted fourth-quarter 2016 results, wherein the company reported in-line earnings but revenues lagged the Zacks Consensus Estimate.
Tobacco giant, Altria Group Inc.'s (MO) shares have been rising ever since the Marlboro owner has acquired the premium cigarette brand Nat Sherman on Jan 18, 2017.