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Hormel posts record sales, but misses quarterly earnings target

2014-11-26 02:00:32| Food - Topix.net

CEO Jeffrey Ettinger said he was pleased by Hormel Foods' growth in 2014, but predicted modest growth in key segments in 2015. Hormel officials also announced the company will close a manufacturing facility in California and might pull the plug on a pork venture in Vietnam.

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Jack in the Box price target raised to $85 from $77 at Wunderlich

2014-11-26 01:44:45| Furniture - Topix.net

Jack in the Box sees commodities a headwind in 2015, particularly in 1H Says not pursuing deep discounting at the expense of margins.Says committed to returning cash to shareholders. Sees commodity costs up approximately 3% for FY15, sees higher inflation in first two quarters.

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Target gains as sector leaders Wal-Mart, Food Lion lose grocery market share

2014-11-25 17:34:31| Grocery - Topix.net

The grocery market business in the Triangle is a $4.9 billion industry, and competition for every single one of those dollars is getting more competitive as new grocery chains like Publix and expanded brands like Wal-Mart Express seek out new locations. There's also been consolidation after grocery giant The Kroger Co.

Tags: share market food target

 

BlackEnergy Malware Designed to Target Critical Energy Infrastructure

2014-11-22 21:06:16| Electrical Construction & Maintenance

The Department of Homeland Security announced in an alert on Oct. 29 that several industrial control systems -- vendor-issued programs used by private companies to manage internal systems -- had been infected by a variant of a Trojan horse malware program called BlackEnergy. Content Classification:  Curated read more

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Intel Price Target Increased to $36.00 by Analysts at Cowen and Company

2014-11-22 15:15:15| Agriculture - Topix.net

The firm currently has a "market perform" rating on the stock. Cowen and Company's price objective suggests a potential upside of 0.14% from the company's current price.

Tags: price company increased target

 

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