SJM
NYSE · Food Products
Jm Smucker Co/The
$119.88
-3.07 (-2.50%)
SJM News5 articles
Hershey's $1.7B Rally on Cocoa Margin Hopes Faces Weather Risk
Hershey shares surged 4.9% to $179.27, adding $1.7 billion in value, as investors bet on margin recovery from lower cocoa costs. However, rising cocoa prices due to Ivory Coast weather risks threaten the rebound.
Tech Stocks Slide, Oil Surges After US Strikes on Iran; CPI in Focus
US stock futures declined and oil prices advanced following US military strikes on Iran, intensifying a selloff in technology shares. Markets are now focused on Wednesday's inflation data and the anticipated SpaceX IPO.
Smucker Shares Rise on Earnings Beat Despite Sales Warning
J.M. Smucker shares jumped 3.16% premarket after beating Q4 profit estimates and guiding fiscal 2027 adjusted earnings above Wall Street forecasts, despite warning annual sales will fall.
Conagra Brands Faces Dividend Risk as Shares Hit New Lows
Conagra Brands' stock fell to $14.17, near a 52-week low, as BofA warns its dividend is at risk. The company faces inflation, tariffs, and a leadership change.
Mondelez Appoints Danone Veteran to Lead Africa Push Amid Volume Pressures
Mondelez International has appointed Hisham Ezz El-Arab, a former Danone executive, to lead its Sub-Saharan Africa operations. The move comes as the snack giant's Oreo brand surpasses $4 billion in global annual revenue while the company faces volume declines.