Yahoo Finance B&G Foods Is Down 50% From Its 52-Week High. Time to Buy?
The food maker's dividend cut has given it much-needed breathing room, but it still has a leverage problem.
The food maker's dividend cut has given it much-needed breathing room, but it still has a leverage problem.
General Mills, the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring a sale of its North America yogurt business including its popular Yoplait brand in a deal that could be worth more than $2 billion, people familiar with the matter said. The Minneapolis-based food conglomerate is working with investment bank JPMorgan Chase to gauge interest from potential buyers that could include rival snack food makers and private equity firms, the sources said, requesting anonymity as the discussions are confidential. General Mills is hoping to fetch a valuation for the yogurt portfolio of nearly 10 times the unit's 12-month earnings before interest, taxes, depreciation and amortization of about $250 million, the sources said.
Google plans to invest $2 billion to build a data center in northeastern Indiana that will help power its artificial intelligence technology and cloud business, company and state officials said Friday. The data center planned for Fort Wayne was announced in January.
The gymnast's mom is not only her manager but her biggest cheerleader
The U.S. Treasury Department is expected to offer markets some relief next week when it details refunding plans for the coming quarter, by keeping the size of most of its auctions steady after three quarters of increases. While the Treasury may increase the size of some issues, including the 10-year Treasury Inflation-Protected Securities (TIPS), most auctions are expected to be unchanged. "It shouldn't be as big of an event risk as it was the past couple of quarters," said Vail Hartman, U.S. rates strategist at BMO Capital Markets in New York.
ARRAY Releasing, the distribution arm of Ava DuVernay’s Peabody Award-winning narrative change collective, announced the acquisition of Débora Souza Silva’s documentary For Our Children. ARRAY Releasing acquired rights to the film in the US, Canada, United Kingdom, Australia and New Zealand. It will make its national Netflix premiere on Friday, May 10, 2024. For Our Children unites …
Stock Of The Day: Fast-growing Mediterranean restaurant chain Cava hits Chicago and is racing past a buy point, along with several other restaurant chains.
Chavez is playing Lyle Menéndez in the second installment of Murphy's anthology series 'Monster', set to premiere on Netflix later this year
O.J. Simpson died at the age of 76 in his Las Vegas, Nev., home on April 10, his family announced
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
The shooting occurred after Cardell Hayes rear-ended Smith’s SUV
EXCLUSIVE: As signatories prepare to negotiate new deals with IATSE and Teamsters, it might seem like the last thing the town wants to chew on is another group claiming it has gotten the short end of the stick. The 86 members of Producers United – a grassroots collection of the most prolific “Career Producers” who …
Ukrainian President Zelensky says munitions in $6bn package "can save lives right now".
The monarch’s medical team is ‘greatly encouraged’ by progress made two months after his diagnosis
DALLAS, April 26, 2024--Sunflower Bank, N.A. ("Sunflower Bank") is pleased to announce that John Sawyer has joined the bank as Chief Investment Officer & Director of Wealth Management and Private Banking. In this role, Sawyer is responsible for the strategy, management and growth of the bank’s wealth management services that include private banking, investment management, financial planning and personal trust services. Sunflower Bank is a $7.9 billion bank with a model of delivering relationship
A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages forced U.S. homeowners to pay artificially inflated broker commissions when they sold their homes. HomeServices of America said Friday that the proposed settlement would shield its 51 brands, nearly 70,000 real estate agents and over 300 franchisees from similar litigation. The real estate company had been a major holdout after several other big brokerage operators, including Keller Williams Realty, Re/Max, Compass and Anywhere Real Estate, agreed to settle.
The couple welcomed their first child, 15-month-old Addison Brooks, in January 2023
We’re breaking down the three primary factors that go into the “applejuiceification” of our beverage selections.
Amalia Coc Choc de Pec, 36, and Estrella Anastasia Pec Coc, 4, were stabbed to death
The disease has been detected in dozens of herds in eight states