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J M Smucker Co (SJM.N)

SJM.N on New York Stock Exchange

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Mon, Jul 9 2018

J.M. Smucker to sell Pillsbury, other U.S. baking brands for $375 million

J.M. Smucker Co said on Monday it would sell its U.S. baking business, which includes brands such as Pillsbury, Martha White and Hungry Jack, to private equity firm Brynwood Partners for $375 million.

J.M. Smucker to sell Pillsbury, other U.S. baking brands for $375 mln

July 9 J.M. Smucker Co said on Monday it would sell its U.S. baking business, which includes brands such as Pillsbury, Martha White and Hungry Jack, to private equity firm Brynwood Partners for $375 million.

J.M. Smucker's forecast hit by high freight, marketing costs

J.M. Smucker Co on Thursday forecast full-year profit well below estimates as the Folgers coffee maker spends heavily on marketing to battle competition while struggling with high costs, sending its shares down as much as 10 percent.

UPDATE 3-J.M. Smucker's forecast hit by high freight, marketing costs

* Shares down as much as 10 pct (Adds analyst, CFO comments, details; updates share movement)

J.M. Smucker quarterly sales miss estimates

June 7 J.M. Smucker Co's fourth-quarter sales missed analysts' forecasts, hurt by weak demand for its edible oil brands such as Crisco, peanut butter and baking items.

BRIEF-J M Smucker Enters Into Certain Term Loan Credit Agreement Providing For A $1.5 Bln Term Facility

* ENTERED INTO CERTAIN TERM LOAN CREDIT AGREEMENT PROVIDING FOR A $1.5 BILLION TERM FACILITY Source text for Eikon: (http://bit.ly/2KqKpWC) Further company coverage:

BRIEF-The J.M. Smucker Company Announces Leadership Changes In Pet Business

* THE J.M. SMUCKER COMPANY ANNOUNCES LEADERSHIP CHANGES IN PET BUSINESS

J.M. Smucker to buy Ainsworth Pet Nutrition for $1.9 billion

J. M. Smucker Co said on Wednesday it would buy Rachael Ray Dog food maker Ainsworth Pet Nutrition for about $1.9 billion in cash to strengthen its pet food portfolio, and was exploring options for its U.S. baking business, including a sale.

J.M. Smucker to buy Ainsworth Pet Nutrition for $1.9 billion

J. M. Smucker Co said on Wednesday it would buy Rachael Ray Dog food maker Ainsworth Pet Nutrition for about $1.9 billion in cash to strengthen its pet food portfolio, and was exploring options for its U.S. baking business, including a sale.

CORRECTED-UPDATE 2-J.M. Smucker to buy Ainsworth Pet Nutrition for $1.9 bln

* Deal valued at $1.9 bln, excluding tax benefit of about $200 mln

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