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SJM / Hostess Brands stock soars toward a record after J.M. Smucker buyout deal valued at $5.6 billion

Hostess Brands stock soars toward a record after J.M. Smucker buyout deal valued at $5.6 billion
Shares of Hostess Brands Inc. TWNK, +0.86% shot up 16.7% into record territory after the donuts and snacks company confirmed an agreement to be acquired by J.M Smucker Co. SJM, +0.88% in a cash and stock deal valued at $5.6 billion. J.M. Smucker shares tumbled 11.0% ahead of the open. Read More
Posted: Sep 11 2023, 08:14
Author Name: Market Watch
Views: 112421

SJM News  

Will Smucker (SJM) Beat Estimates Again in Its Next Earnings Report?

By Zacks Investment Research
October 31, 2023

Will Smucker (SJM) Beat Estimates Again in Its Next Earnings Report?

Smucker (SJM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat i more_horizontal

J.M. Smucker taps corporate bond market to fund cash portion of Hostess Brands deal

By Market Watch
October 11, 2023

J.M. Smucker taps corporate bond market to fund cash portion of Hostess Brands deal

J.M. Smucker Co. is tapping the investment-grade corporate bond market on Wednesday with a deal to finance its acquisition of Twinkies and HoHos maker more_horizontal

All You Need to Know About Smucker (SJM) Rating Upgrade to Buy

By Zacks Investment Research
October 11, 2023

All You Need to Know About Smucker (SJM) Rating Upgrade to Buy

Smucker (SJM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). more_horizontal

J.M. Smucker on track for longest losing streak since April of 2018

By Market Watch
October 5, 2023

J.M. Smucker on track for longest losing streak since April of 2018

J.M. Smucker Co.'s stock SJM, -1.98% was down 1.9% Thursday, extending its losing streak to seven straight days, during which it has lost 7.5% of its more_horizontal

Why Is Smucker (SJM) Down 12.8% Since Last Earnings Report?

By Zacks Investment Research
September 28, 2023

Why Is Smucker (SJM) Down 12.8% Since Last Earnings Report?

Smucker (SJM) reported earnings 30 days ago. What's next for the stock? more_horizontal

J.M. Smucker's (SJM) Sale of Sahale Snacks to Refine Portfolio

By Zacks Investment Research
September 28, 2023

J.M. Smucker's (SJM) Sale of Sahale Snacks to Refine Portfolio

The J.M. Smucker (SJM) will offload its Sahale Snacks brand to Second Nature Brands to focus on areas with greater potential. more_horizontal

J.M. Smucker to sell Sahale Snacks to Second Nature Brands

By Market Watch
September 27, 2023

J.M. Smucker to sell Sahale Snacks to Second Nature Brands

J.M. Smucker SJM, -2.31% will sell its Sahale Snacks brand to Second Nature Brands for $34 million in cash. more_horizontal

Here's why TD Cowen's Robert Moskow favors JM Smucker

By CNBC Television
September 21, 2023

Here's why TD Cowen's Robert Moskow favors JM Smucker

Robert Moskow, TD Cowen food analyst, joins 'Squawk on the Street' to discuss what it'll take for volume to reflect positively, how much of a weak con more_horizontal


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