Reminder - Bunge Ltd. (BG) Goes Ex-Dividend Soon Monday, February 11, 10:59 AM ET, by Market News Video Staff On 2/13/13, Bunge Ltd. (BG) will trade ex-dividend, for its quarterly dividend of $0.27, payable ...
VOE, HST, STX, BG: ETF Inflow Alert Friday, February 15, 1:39 PM ET, by Market News Video Staff Symbols mentioned in this story: VOE, HST, STX, BG Exchange traded funds (ETFs) trade just ...
J.M. Smucker Co. Stock Sees Short Interest Drop 16% Thursday, February 28, 5:20 PM ET, by Market News Video Staff The most recent short interest data has been released by the NASDAQ for the 02/15/2013 ...
SJM Earnings Beat the Street, But Shares Jammed Up
By Market News Video Staff, Thursday, November 18, 11:48 AM ET
Food producer J.M. Smucker (NYSE:SJM) posted analyst-beating fiscal second quarter profits today, and hiked its earnings forecast. Adjusted earnings of $1.38 beat Wall Street estimates, on flat revenue of $1.28 billion. The company hiked its full-year earning outlook by $0.05 to $4.55 to $4.65 per share.
Investors were looking for more, however, as J.M. Smucker shares are trading lower by more than 3% on Thursday.
According to the ETF Finder, the stock is a 3.02% holding of the First Trust Consumer Staples AlphaDEX Fund (AMEX:FXG). Other top holdings include Herbalife (NYSE:HLF), at 5.28% of the portfolio, Bunge Limited (NYSE:BG), at 4.81%, and Alberto-Culver Company (AVC), at 4.71% of the fund.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
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