Kraft Foods Group (NASDAQ: KRFT) was said to have raised prices on some of its ground coffee, the first time the company has done so in over three years. Kraft Foods Group Inc (NASDAQ:KRFT) net profit margin is 15.30% and weekly performance is -0.97%. On last trading day company shares ended up $59.35. Analysts mean target price for the company is $58.53. Kraft Foods Group Inc (NASDAQ:KRFT) distance from 50-day simple moving average is 3.15%.
In a report published Monday, Morgan Stanley analyst Matthew Grainger reiterated an Overweight rating on WhiteWave Foods (NYSE: WWAV), and raised the price target from $33.00 to $35.00.WhiteWave Foods Co (NYSE:WWAV) shares advanced 2.45% in last trading session and ended the day on $33.02. WWAV Gross Margin is 34.80% and its return on assets is 4.40%. WhiteWave Foods Co (NYSE:WWAV) quarterly performance is 11.52%.
The Hillshire Brands Co. (HSH), a manufacturer of meat-centric foods, Monday said its board decided to withdraw its recommendation of the pending acquisition of Pinnacle Foods Inc (NYSE:PF), in view of the recently announced proposal from Tyson Foods Inc. ( TSN) to acquire Hillshire.Pinnacle Foods Inc (NYSE:PF) shares moved down -2.13% in last trading session and was closed at $32.63, while trading in range of $32.41-$33.70. Pinnacle Foods Inc (NYSE:PF) year to date performance is 20.49%.
Post Holdings (NASDAQ:POST) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Tuesday. The firm currently has a $52.40 price objective on the stock. Post Holdings Inc (NYSE:POST) ended the last trading day at $51.43. Company weekly volatility is calculated as 1.35% and price to cash ratio as 2.74. Post Holdings Inc (NYSE:POST) showed a negative weekly performance of -0.21%.
Shareholder rights law firm Robbins Arroyo LLP announces that an investor of Annies Inc (NYSE:BNNY) has filed a federal securities fraud class action complaint in the U.S. District Court for the Northern District of California. The complaint alleges that the company and certain of its officers and directors violated the Securities Act of 1934 between August 8, 2013 and June 3, 2014. Annie’s is a producer, marketer, and distributor of over 135 organic meals, snacks, and condiments. Annies Inc (NYSE:BNNY) net profit margin is 7.50% and weekly performance is 6.99%. On last trading day company shares ended up $32.75. Analysts mean target price for the company is $35.67. Annies Inc (NYSE:BNNY) distance from 50-day simple moving average is -1.95%.