The Procter & Gamble Company (NYSE:PG) says open to opportunistic acquisitions. Says has “massive” opportunities for organic growth. Says able to meet organic growth targets. Sees industry consolidating over time. The Procter & Gamble Company (NYSE:PG) net profit margin is 12.60% and weekly performance is 0.59%. On last trading day company shares ended up $81.61. Analysts mean target price for the company is $87.32. The Procter & Gamble Company (NYSE:PG) distance from 50-day simple moving average (SMA50) is 2.31%.
Hillshire Brands Co. obtained financing from Goldman Sachs Group Inc. backing its purchase of Pinnacle Foods Inc (NYSE:PF). The maker of Jimmy Dean sausages and Ball Park Hot Dogs got a $4.8 billion term loan B, a type of debt that is typically sold to investors such as collateralized loan obligations and mutual funds, according to a regulatory filing from Pinnacle. Hillshire, which also received a $500 million revolving credit line, may replace all or a portion of the term loan with debt securities. Pinnacle Foods Inc (NYSE:PF) shares fell -1.36% in last trading session and ended the day on $34.00. PF Gross Margin is 26.60% and its return on assets is 1.90%. Pinnacle Foods Inc (NYSE:PF) quarterly performance is 22.35%.
General Motors Company (NYSE:GM) recall reveals gaps in air bag knowledge. Thirteen people have died in crashes involving older GM cars with defective ignition switches. In each of those crashes, and in others in which occupants were injured, the air bags failed to deploy even after striking trees, guard rails or other objects. General Motors Company (NYSE:GM) net profit margin is 4.30% and weekly performance is 1.16%. On last trading day company shares ended up $35.15. Analysts mean target price for the company is $43.00. General Motors Company (NYSE:GM) distance from 50-day simple moving average (SMA50) is 1.43%.
On May 12, 2014, Mondelez International Inc (NASDAQ:MDLZ) announced the launch of Mobile Futures in Australia. The initiative, already successfully launched in the U.S. and Brazil, aims to ignite the company’s consumer connections by collaborating with some of the brightest and most innovative minds in the mobile space – startup entrepreneurs. Mondelez International Inc (NASDAQ:MDLZ) shares moved up 0.69% in last trading session and was closed at $37.85, while trading in range of $37.66 – $37.98. Mondelez International Inc (NASDAQ:MDLZ) year to date (YTD) performance is 7.65%.
Coca-Cola Co. said Tuesday it would increase its stake in Keurig Green Mountain Inc (NASDAQ:GMCR) to 16% from 10%, potentially spending another $1 billion or more as the world’s largest beverage company wades deeper into coffee and countertop carbonation. Keurig Green Mountain Inc (NASDAQ:GMCR) ended the last trading day at $119.07. Company weekly volatility is calculated as 6.52% and price to cash ratio as 55.57. Keurig Green Mountain Inc (NASDAQ:GMCR) showed a positive weekly performance of 24.98%.
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