Monday, September 8, 2014

Best Food Stocks To Watch Right Now

We've been speculating for almost a year that Amarin (NASDAQ: AMRN  ) would be purchased by AstraZeneca (NYSE: AZN  ) . The large pharma sells cholesterol-lowering drug Crestor, which would be a perfect fit with Amarin's lipid-lowering fish oil Vascepa.

Right drug class. Wrong company.

Instead, AstraZeneca purchased Amarin's competitor Omthera Pharmaceuticals (NASDAQ: OMTH  ) , which has a fish oil product, Epanova, similar to Vascepa. Omthera expects to file a marketing application with the Food and Drug Administration within a few months for the same indication that Vascepa is currently approved for.

Why Omthera over Amarin? Here are three possibilities:

Technology
Omthera's technology allows for better absorption, which allows for once-daily dosing without food. Vascepa is taken twice a day with food. It may not seem like a lot, but patients prefer the more convenient dosing, and when all things are equal, doctors will prescribe the once-daily drug because they know they'll get better adherence from the patient.

Best Food Stocks To Watch Right Now: Ten Peaks Coffee Company Inc (TPK)

Ten Peaks Coffee Company Inc. (Ten Peaks) is a Canada-based company. It operates its business through its subsidiary, Swiss Water Decaffeinated Coffee Company Inc. (SWDCC), which is a green coffee decaffeinator located in Burnaby, British Columbia. It also owns and operates Seaforth Supply Chain Solutions Inc. (Seaforth), a green coffee handling and warehousing business located in Metro Vancouver. SWDCC is engaged in the coffee decaffeination business utilizing the branded Swiss Water Process of 100% chemical free green coffee decaffeination. SWDCC has two subsidiaries, which include Swiss Water Decaffeinated Coffee Co. USA, Inc, and Swiss Water Process Marketing Services Inc. On November 18, 2011, a subsidiary of Ten Peaks, Seaforth Supply Chain Solutions Inc., was incorporated. On January 1, 2011, in response to changes to the legislation governing the taxation of income trusts which made the income trust form of structure less advantageous, the Fund converted to a corporation. Advisors' Opinion:
  • [By Inyoung Hwang]

    Travis Perkins Plc (TPK) lost 1.6 percent to 1,749 pence. The builders��merchant said its consumer division failed to grow on a comparable basis in the third quarter, slipping from an 8.6 percent increase in the two months ended June.

Best Food Stocks To Watch Right Now: Safeway Inc.(SWY)

Safeway Inc., together with its subsidiaries, operates as a food and drug retailer in North America. The company operates stores that provide an array of grocery items, food, and general merchandise, as well as features specialty departments, such as bakery, delicatessen, floral, and pharmacy, as well as coffee shops and fuel centers. It also offers SELECT line of products that include baked goods, sparkling ciders and lemonades, salsas, whole bean coffees, frozen pizzas and entrees, and fresh and dry pastas and sauces, as well as an array of ice creams, hors d'oeuvres, and desserts; O ORGANICS line, which comprises milk, chicken, salads, juices, and entrees; Lucerne line of dairy products; Eating Right line of better-for-you products; Bright Green line of home care products; Total Pet Care line of pet foods and pet care products; and Value Red line of value-priced paper goods. As of December 31, 2009, Safeway operated approximately 1,725 stores in California, Oregon, Wash ington, Alaska, Colorado, Arizona, Texas, the Chicago metropolitan area, and the Mid-Atlantic region, as well as British Columbia, Alberta and Manitoba/Saskatchewan. In addition, the company owns and operates GroceryWorks.com Operating Company, LLC, an online grocery channel, doing business under the names Safeway.com, Vons.com, and Genuardis.com; and Blackhawk Network Holdings, Inc., which provides third-party gift cards, prepaid cards, telecom cards, and sports and entertainment cards to North American retailers for sale to retail customers. Additionally, it engages in gift card businesses in the United Kingdom, France, Mexico, and Australia. Further, the company, through a 49% ownership interest in Casa Ley, S.A. de C.V. operates 156 food and general merchandise stores in Western Mexico. The company was formerly known as Safeway Stores, Incorporated and changed its name to Safeway Inc. in February 1990. Safeway was founded in 1915 and is based in Pleasanton, California. Advisors' Opinion:

  • [By shash63]

    Presently, numerous mainstream retailers such as Kroger (KR), Safeway (SWY), The Fresh Market (TFM), and Wal-Mart (WMT) have entered this segment. Wal-Mart (WMT), for instance, as of late entered into an arrangement with Wild Oats to sell natural nourishment products at lower prices.

  • [By Dan Caplinger]

    2. Grocery-store gas rewards
    Many grocery-store chains offer points that you can use to save on gasoline at local stations. SUPERVALU (NYSE: SVU  ) , Safeway (NYSE: SWY  ) , and several grocery retailers established their own proprietary programs as a way to encourage shoppers to spend more money generally as well as to buy certain targeted promotional products. A typical deal might involve saving $0.10 per gallon for every $100 you spend on groceries.

  • [By Sean Williams]

    Finally -- and to keep with today's theme -- grocery store Safeway (NYSE: SWY  ) advanced 6.8% after reporting its second-quarter results. Although the grocer's profits fell from the previous year, adjusted EPS of $0.51 topped expectations by $0.01. Revenue also fell 2%, hurt by lower fuel sales. The big boost appears to have come from the company's forward guidance, which calls for same-store sales growth of 1.5% to 2%, and full-year EPS to come in at the lower-end of its previous forecast of $2.25-$2.45. With the Street only expecting $2.27 in EPS for the year, Safeway's in-line estimates appear to suggest its store remodeling and focus on organic products is working.

  • [By Robert Hanley]

    Regional grocer Safeway's (NYSE: SWY  ) stock price has been on fire lately, up almost 100% over the past year, as investors expect a more valuable company to emerge from its restructuring activities.�Management has been busy offloading non-core assets, including the pending sale of its Canadian operations and a public offering of its Blackhawk prepaid card subsidiary.�

5 Best Semiconductor Stocks To Buy Right Now: Crumbs Bake Shop Inc (CRMB)

Crumbs Bake Shop, Inc., formerly 57th Street General Acquisition Corp., incorporated on October 29, 2009, is owner of Crumbs Holdings LLC (Crumbs), a neighborhood bakery and a retailer of cupcakes. As of November 1, 2011, Crumbs had 43 locations, including 29 locations in the New York Metro area, nine locations on the West Coast, three locations in Washington, D.C., one location in Virginia and one location in Chicago. The specialty of the house is cupcakes; however, the menu also includes a blend of baked goods. On May 5, 2011, the Company merged with Crumbs.

The Company offers a range of Signature and Taste size cupcakes. Signature cupcakes are ordered in increments of six. One can create its own individual six packs or choose a pre-selected assortment. Its Taste size cupcakes are offered by the dozen in pre-selected favorites assortments. There are more than 60 varieties of cupcakes baked fresh daily with a new cupcake of the week debuting each Monday.

Advisors' Opinion:
  • [By John Kell and Tess Stynes var popups = dojo.query(".socialByline .popC"); p]

    Crumbs Bake Shop Inc.(CRMB) said interim Chief Executive Edward M. Slezak has been named permanently to post, while also announcing that its board has appointed Frederick G. Kraegel as chairman.

  • [By Lex Haris]

    Crumbs (CRMB) closed all of its stores Monday, and has been struggling for some time. It began closing outlets in 2013 amid steep losses. At the end of the first quarter this year, it had 65 locations in 12 states.

  • [By Kyle Woodley]

    I love cupcakes. More specifically, I love Crumbs Bake Shop (CRMB) cupcakes. I absolutely do.

    That�� why it pains me to say that CRMB stock is dead money.

  • [By Jack Kramer and Nick Martell]

    2. Crumbs Cupcake stock continues to drop
    Pour some sugar on me, baby, because the recent performance of cupcake-makin' chain Crumbs Bake Shop (NASDAQ: CRMB  ) hasn't tasted good for investors. The stock has fallen nearly 30% in the past month, dropped 13.4% in the last week, and dipped almost 2% Monday on growing doubts the company can even stay in business.

Best Food Stocks To Watch Right Now: CannaVEST Corp (CANV)

CannaVEST Corp., formerly Foreclosure Solutions, Inc., incorporated on December 9, 2010, is engaged in the business of developing, producing, marketing and selling end consumer products to the nutriceutical industry containing the hemp plant extract, Cannabidoil (CBD). The Company produces raw ingredients for neutraceutical markets. This substance can be used with foods and nutritional supplements for consumer health and wellness benefits, as well as in the pharmaceutical industry. On March 4, 2013, the Company acquired KannaLife Sciences, Inc. On December 31, 2012, the Company acquired certain assets of PhytoSPHERE Systems, LLC (PhytoSPHERE). It also secured the license to the name PhytoSPHERE and PhytoSPHERE Systems for use in the development and commercialization of hemp-based products.

The Company focuses to develop applicable raw ingredients, and provide raw ingredients for the production and development of multiple existing and developing product applications. Its focus is to produce, market and distribute hemp-based consumer products, as well as acquire existing businesses involved in the industrial hemp industries.

Advisors' Opinion:
  • [By John Udovich]

    The Marijuana Index is Really Getting Stoned. The Marijuana Index, which is the first and only registered equity tracking index for marijuana stocks, cannabis stocks and hemp stocks,�experienced significant volume and price fluctuations throughout the month of February when is started the month at the $25 level only to close the month at $56.21 for a 125% gain as some marijuana stocks experienced all time highs. Notable gainers included Abattis Bioceuticals (OTCMKTS: ATTBF)�being up 194%, Advanced Cannabis Solutions (OTCQB: CANN) being up 132% and CannaVest (OTCMKTS: CANV) being up 116%. You can see all of the�Marijuana Index�� advancers and decliners at http://www.marijuanaindex.org.

  • [By Dan Burrows]

    But it doesn’t end there. Investors should run away from all OTC marijuana stocks, including Medical Marijuana (MJNA), Cannabis Science (CBIS), CannaVest (CANV), MediSwipe (MWIP) and GreenGro Technologies (GRNH). As the SEC warns:

Best Food Stocks To Watch Right Now: Flowers Foods Inc (FLO)

Flowers Foods, Inc. (Flowers Foods), incorporated in October 2000, is a producer and marketer of bakery products in the United States. The Company is the producer and marketer of packaged bakery foods for retail and foodservice customers in the United States. Flowers Foods operates 44 bakeries that produce a range of bakery products, which include breads, buns, rolls, snack cakes, and pastries. These products are sold through a direct-store-delivery network with access to approximately 70% of the United States population in the East, South, and Southwest, as well as in certain markets in California. Select Flowers products are sold nationwide through customers' delivery systems. Among the Company�� top brands are Nature�� Own and Tastykake. The Company has two business segments: direct-store-delivery (DSD segment) and warehouse delivery segment (warehouse segment). In May 2011, the Company acquired Tasty Baking Company. In July 2012, it acquired Lepage Bakeries, Inc.

The DSD segments focuses on the production and marketing of bakery products to United States customers in the Southeast, Mid-Atlantic, Northeast and Southwest, as well as select markets in California and Nevada primarily through its DSD system. The warehouse segment produces snack cakes and breads and rolls that are shipped both fresh and frozen to national retail, foodservice, vending, and co-pack customers through their warehouse channels. The Company�� brands include Whitewheat, Cobblestone Mill, Blue Bird, ButterKrust, Dandee, Mary Jane, and Mary Jane and Friends. During the year ended December 31, 2011, it introduced the new products under this brand, including Nature�� Own Whitewheat Sandwich Rounds; Nature�� Own Whole Grain Sandwich Rolls and Hot Dog Rolls; Nature�� Own Cinnamon Raisin Thin Sliced Bagels; Nature�� Own Soft Oatmeal Specialty Bread; Nature�� Own 100% Whole Grain Specialty Bread, and Nature�� Own Honey Wheat Berry Specialty Bread. In addition to Nature�� Own, its DSD segment also marke! ts: a range of specialty breads and rolls under the Company-owned Cobblestone Mill brand; white breads and buns under regional company owned and franchised brands, such as Sunbeam, Bunny, Aunt Hattie��, Holsum, and ButterKrust; Tastykake and Blue Bird branded snack cakes and pastries; flour, white, and corn tortillas under the Mi Casa and Frestillas brands, and fresh packaged bakery products under store brands for retailers.

The Company�� warehouse segment markets a range of specialty breads and rolls under the European Bakers brand, breads, buns, and rolls for specific foodservice customers, and tortillas and tortilla chips under Leo�� Foods and Juarez. This segment�� snack cakes are sold under the Mrs. Freshley��, Broad Street Bakery, and store brands. Its warehouse segment products are distributed nationally through retail, foodservice and vending customer warehouses.

The Company competes with Grupo Bimbo S.A. de C.V./Bimbo Bakeries, Hostess Brands, Inc., Sara Lee Corporation, Campbell Soup Company, McKee Foods Corporation, Cloverhill Bakery, Hostess Brands, Inc., Alpha Baking Co., Inc., Rotella�� Italian Bakery, United States Bakery, Turano Baking Company and All Round Foods, Inc.

Advisors' Opinion:
  • [By Dan Caplinger]

    Tomorrow, Flowers Foods (NYSE: FLO  ) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed, knee-jerk reaction to news that turns out to be exactly the wrong move.

  • [By Tim Brugger]

    Following the announcement earlier this year of its intention to buy several bakeries, depots, and brand names as part of Hostess' bankruptcy proceedings, Flowers Foods (NYSE: FLO  ) has completed the $355 million deal, the company announced yesterday.

  • [By Dividend]

    Flowers Foods (FLO) has a market capitalization of $4.59 billion. The company employs 9,800 people, generates revenue of $3,046.49 million and has a net income of $136.12 million. Flowers Foods�� earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $328.30 million. The EBITDA margin is 10.78 percent (the operating margin is 7.17 percent and the net profit margin 4.47 percent).

  • [By Rich Duprey]

    Following the announcement last month that a pair of private equity investors will return Twinkies to store shelves on July 15, Flowers Foods (NYSE: FLO  ) said yesterday it has received regulatory approval to purchase the old Hostess Brands portfolio of breads, including Wonder, Nature's Pride, and Home Pride.

Best Food Stocks To Watch Right Now: Danone SA (BN)

Danone SA is a France-based food company that primarily produces fresh milk products, baby foods, biscuits, cereal products and medical nutrition products. It also co-produces bottled water. The Company's portfolio of brands and products include Danone, a brand of fresh dairy products; Evian, a brand of bottled still water; Volvic, its international brand of bottled still water, and Aqua, a brand of packaged water in Indonesia. It has presence in the infant food market in France through its subsidiary, Bledina. It has also developed two probiotic dairy product lines known under the names Actimel, and Activia, as well as a line of low-fat products under the names Taillefine, Vitalinea and Ser. The Company operates through numerous subsidiaries in Europe, Asia and Americas. In February 2013 it acquired majority stake in Centrale Laitiere SA. In May 2013, it acquired an equity interest of over 90% in Happy Family, a baby food producer. In August 2013, it acquired YoCrunch. Advisors' Opinion:
  • [By Namitha Jagadeesh]

    Danone SA (BN) declined 1.6 percent to 56.34 euros after saying baby-nutrition sales will fall in Asia in the third quarter. The company said it had to recall infant-formula products after milk-powder supplier Fonterra Cooperative Group Ltd. warned of a contaminated ingredient.

Best Food Stocks To Watch Right Now: Etablissementen Fr Colruyt NV (COLR)

Etablissementen Fr Colruyt NV, also known as Colruyt Group, is a Belgian company primarily engaged in retail and wholesale of food products. The Company's retail trade division includes the direct supply of products to retail customers operating through brands Colruyt, DreamBaby, BIO-planet, DreamLand and ColliShop, among others. The Company supplies to wholesalers and affiliated independent merchants in Belgium, France and Luxembourg. It also provides printing solutions (photo Fuji Colruyt). Colruyt Group also has a corporate activities division, which combines support services, processes and systems and central administration, among others. Advisors' Opinion:
  • [By Tom Stoukas]

    Colruyt SA (COLR) fell 4 percent to 42.31 euros. Belgium�� largest discount food retailer forecast full-year net income of about 369 million euros ($498 million) compared with analysts�� estimates of 381.2 million euros.

  • [By Corinne Gretler]

    Colruyt (COLR) gained 8.3 percent to 40.08 euros, the largest jump since June 27, 2012. Belgium�� biggest discount food retailer said full-year earnings before interest, taxes, depreciation and amortization amounted to 699.8 million euros ($910 million), beating the average 684 million-euro analyst projection in a Bloomberg survey. The company also raised its dividend to 1 euro a share, exceeding the Bloomberg Dividend Forecast of 98 cents.

Best Food Stocks To Watch Right Now: Pinnacle Foods Inc (PF)

Pinnacle Foods Inc., incorporated on July 28, 2003, is a manufacturer, marketer and distributor of branded food products in North America. The Company operates in three segments: the Birds Eye Frozen Division, the Duncan Hines Grocery Division and the Specialty Foods Division. The Birds Eye Frozen Division and the Duncan Hines Grocery Division, which collectively represent its North America Retail operations, include the brands. Its brand portfolio enjoys household penetration in the United States, where its products can be found in approximately 85% of U.S. households. Its products are sold through supermarkets, grocery wholesalers and distributors, mass merchandisers, super centers, convenience stores, dollar stores, drug stores and warehouse clubs in the United States and Canada, as well as in military channels and foodservice locations. On June 24, 2011, the Company completed the sale of its Watsonville, California facility which had been recorded as an asset held for sale.

Birds Eye Frozen Division

The Company�� Birds Eye Frozen Division includes its steamed and non-steamed product offerings, with a 27.0% market share, making Birds Eye the recognized frozen vegetables brand in the United States. Birds Eye was the Company to capture a nationwide market share with a product that enables consumers to conveniently steam vegetables in microwaveable packaging.

Duncan Hines Grocery Division

Duncan Hines is the division�� brand and includes cake mixes, ready-to-serve frostings, brownie mixes, muffin mixes, and cookie mixes. During the fiscal year ended September 23, 2012, the Company added two additional items to the line. In February 2012, the Company introduced a line of frosting products, Duncan Hines Frosting Creations, which uses a patent pending frosting system to allow consumers to customize their frosting into one of 12 different flavors. The Company also offers a complete line of shelf-stable pickle products that we market and distribute n! ationally, primarily under the Vlasic brand, and regionally under the Milwaukee�� and Wiejske Wyroby brands. In 2012, the Company introduced Vlasic Farmers Garden, artisan-quality pickle line.

Specialty Foods Division

The Company�� snack products primarily consist of Tim�� Cascade, Snyder of Berlin and Husman��. These direct store delivery brands have local awareness and hold market share positions in their regional markets. The Company also manufactures and distributes certain products, mainly in the frozen breakfast, canned meat, and pie and pastry fruit filling categories, through food service channels. The Company also manufactures and distributes certain private label products in the canned meat, shelf-stable pickles and frozen seafood. As part of its ongoing strategic focus over the last several years, the Company has deemphasized the food service and private label businesses for the benefit of its higher margin branded food products.

Advisors' Opinion:
  • [By Marc Bastow]

    Branded food products distributor Pinnacle Foods (PF) raised its dividend 16.7% to 21 cents per share, payable on Jan. 10 to shareholders of record as of Dec. 2.
    PF Dividend Yield: 2.95%

  • [By Ben Levisohn]

    Tyson’s bid came just a couple of days after Hillshire Brands received a bid from Pilgrim’s Pride (PPC), and while it seems like ancient history now, Hillshire made its own bid for Pinnacle Foods (PF) earlier this month. Pilgrim’s Pride dropped 1.1% to $25.09 today, while poor jilted Pinnacle Foods gained 1% to $31.68.

  • [By Mr. TopStep]

    Overnight, the Asian markets closed modestly higher, and Europe is trading modestly lower. Today�� economic schedule starts with MBA purchase applications, Producer Price Index, Atlanta Fed business inflation expectations, Housing Market Index, EIA Petroleum Report and earnings from Agilent Technologies (NYSE:A), Macy�� (NYSE:M), Cisco Systems (Nasdaq:CSCO), and Pinnacle Foods (NYSE: PF).

  • [By Jake L'Ecuyer]

    Top Headline
    Hillshire Brands Co (NYSE: HSH) announced its plans to buy Pinnacle Foods (NYSE: PF) for around $6.6 billion including debt. Hillshire will offer $18.00 in cash and 0.50 shares of its common stock for each Pinnacle share.

Best Food Stocks To Watch Right Now: McCormick & Company Inc (MKC)

McCormick & Company, Incorporated (McCormick) manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the food industry, retail outlets, food manufacturers and foodservice businesses. The Company�� sales, distribution and production facilities are located in North America and Europe. Additional facilities are based in China, Australia, Mexico, India, Singapore, Central America, Thailand and South Africa. The Company operates in two business segments: consumer and industrial. During the fiscal year ended November 30, 2011, the Company�� consumer business contributed 59% of sales and 79% of operating income and the industrial business contributed 41% of sales and 21% of operating income.

McCormick�� products are sold directly to customers and also through brokers, wholesalers, and distributors. In the consumer segment, products are resold to consumers through a range of retail outlets, including grocery, mass merchandise, warehouse clubs, discount, and drug stores under a range of brands. In the industrial segment, products are used by food and beverage manufacturers as ingredients for their finished goods and by food service customers as ingredients for menu items to enhance the flavor of their foods. Customers for the industrial segment include food manufacturers and the foodservice industry supplied both directly and indirectly through distributors.

Consumer Business

The Company�� brands in the Americas include McCormick, Lawry�� and Club House. The Company also markets brands, such as Zatarain��, Thai Kitchen and Simply Asia. In Europe, the Middle East and Africa (EMEA) its brands include the Ducros, Schwartz and Kamis brands of spices, herbs and seasonings and a line of Vahine brand dessert items. In the Asia/Pacific region its primary brand is McCormick, with the exception of India where its joint venture owns and trades under the Kohinoor brand. The Company�� customers span a variety of retail o! utlets that include grocery, mass merchandise, warehouse clubs, discount and drug stores, served directly and indirectly through distributors or wholesalers. In addition to marketing its products to these customers, the Company is also a supplier of private label items, also known as store brands. More than 250 other brands are sold in the United States with additional brands in international markets.

Industrial Business

In its industrial business, the Company provides a range of products to multinational food manufacturers and foodservice customers. The foodservice customers are supplied both directly and indirectly through distributors. Its range of products include seasoning blends, natural spices and herbs, wet flavors, coating systems and compound flavors. In addition to a broad range of flavor solutions, we strive to achieve customer intimacy.

Advisors' Opinion:
  • [By Reuters]

    Toby Talbot/AP NEW YORK -- A voluntary effort by the world's largest food and beverage companies to remove billions of calories from the products they sell in the United States to help combat the nation's obesity epidemic has far exceeded its five-year goal, according to an independent evaluation released Thursday. In May 2010, 16 of the nation's biggest food and beverage companies, from Coca-Cola (KO) to Kraft Foods Group (KRFT), pledged to remove 1 trillion calories from the U.S. marketplace by 2012 and 1.5 trillion by 2015, compared with a 2007 baseline. In fact, as of 2012 they sold 6.4 trillion fewer calories, found an analysis by researchers at the University of North Carolina at Chapel Hill. "Reports like this, and the fact that they exceeded their commitment by fourfold, really shows that you can make progress in giving American families more healthy options," said Larry Soler, president of the Partnership for a Healthier America, a non-profit chaired by first lady Michelle Obama. The group was formed in 2010 to work with the private sector on anti-obesity strategies. At the time, critics said the Partnership relied too heavily on the good will of the industry and couldn't replace the role of tighter regulation on how food is manufactured and marketed. Such voluntary efforts by industry "are not a magic bullet," said Jeff Levi, executive director of Trust for America's Health, a non-profit policy group. "Particularly with kids, there is a role for regulation" in reducing demand for unhealthy, high-calorie fare. It isn't clear yet how the companies accomplished the dramatic calorie reduction, said UNC public health researcher Barry Popkin, who led the analysis funded by the Robert Wood Johnson Foundation, the nation's largest public health philanthropy. Some of the decline may have come from the recession, as financially strapped families cut back on junk food. When the pledge was announced, companies said they would substitute lower-calorie pro

  • [By WWW.DAILYFINANCE.COM]

    McCormick & Co. McCormick & Co., one of the best known names in the spice business, is recalling a batch of ground oregano because it might be contaminated with salmonella, the Food and Drug Administration said Wednesday. The recall involves small containers (0.75 ounce size) of McCormick ground oregano with a UPC code on the label of 0-523561-6 and was "Best By" dates of Aug. 21, 2016 and Aug. 22, 2016. They appear on the labels with this code: "BEST BY AUG 21 16 H" and "BEST BY AUG 22 16 H." McCormick (MKC) said the recall is limited to those specific containers, which were shipped in 1,032 cases to 41 states, Puerto Rico, the Virgin Islands, and several countries. The oregano was shipped between April 4 and Aug. 5. Salmonella bacteria can make anyone sick, but the illness is particularly dangerous to young children, the elderly and those with weakened immune systems. And even a healthy person who gets infected with the organism is likely to have a fever and suffer abdominal pain, diarrhea, nausea and vomiting. The FDA said it has not received any reports of consumers getting sick from the oregano. The contamination was discovered by the FDA during routine testing. McCormick said grocery stores have been notified to remove the products from their shelves and distribution centers and destroy them. If you have the recalled oregano, you're urged to get rid of it and the container, and contact McCormick at 1-800-632-5847, weekdays from 9:30 a.m. to 8 p.m. Eastern time to get a replacement, a refund or ask any questions. You don't need to return it to the store where you purchased it.

  • [By Marc Bastow]

    Speaking of consecutive dividend increase streaks, food processor Hormel (HRL) increased its dividend for the 48th consecutive year, while spice maker McCormick (MKC) upped its dividend for a 28th consecutive year.

  • [By Dan Caplinger]

    Investors have always been interested in stocks that pay dividends, but lately, low interest rates on bonds and other fixed-income investments have made solid dividend payers even more valuable. Among the most promising dividend stocks in the market is McCormick (NYSE: MKC  ) , and one big reason is that it is one of the few exclusive companies to make the list of Dividend Aristocrats. In order to become a member of this elite group, a company must have raised its dividend payouts to shareholders every single year for at least a quarter-century. Only a few dozen stocks manage to make the cut, and those that do tend to stay there for a long time.

Best Food Stocks To Watch Right Now: Pilgrim's Pride Corporation(PPC)

Pilgrim's Corp. produces, processes, markets, and distributes fresh and frozen chicken products to retailers, distributors, and foodservice operators primarily in the United States. Its fresh chicken products consist of refrigerated (non-frozen) whole or cut-up chicken; and pre-marinated or non-marinated, as well as prepackaged case-ready chicken, which includes various combinations of freshly refrigerated, whole chickens, and chicken parts. The company also offers a range of prepared chicken products, including portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, and bone-in chicken parts. In addition, it exports whole chickens and chicken parts to approximately 95 countries, including Mexico, Russia, Puerto Rico, and China. The company was formerly known as Pilgrim's Pride Corporation. Pilgrim's Corp. was founded in 1945 and is headquartered in Greeley, Colorado. Pilgrim's Corp. operates as a subsidiary of JBS USA Holdings, Inc.

Advisors' Opinion:
  • [By Maria Armental var popups = dojo.query(".socialByline .popC"); popups.forEach]

    Hillshire on Tuesday said it would hold separate talks with Pilgrim's Pride Corp.(PPC) and Tyson Foods Inc.(TSN), which have offered to buy the maker of Jimmy Dean sausage and Sara Lee desserts. Pilgrim’s Pride had raised its bid for Hillshire to $55 a share, topping Tyson’s $50 a share offer. Hillshire’s shares jumped 8.8% to $58.30 premarket.

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