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Planet Based Foods Global Inc. Announces Change of Auditor
TMX Newsfile· 2026-02-26 22:42
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Planet Based Foods Global Inc. (CSE: PBF) (OTC Pink: PBFFF) (FSE: AZ00) (the "Company" or "PBFG") announces that it has changed its auditor from MNP LLP (the "Predecessor Auditor") to DMCL LLP (the "Successor Auditor" or "DMCL"), effective February 18, 2026. The change in auditors was approved by the Company's board of directors to better align audit and advisory services with the Company's growth strategy and evolving operations.The appoi ...
J.M. Smucker Adds Directors in Deal With Activist Firm Elliott
WSJ· 2026-02-26 13:56
The jam-and-jelly maker posted higher third-quarter sales, but lowered its sales-growth forecast for the year because of a recent fire at its manufacturing facility. ...
Upgrade Your Portfolio Now: Ditch These High-Flying Consumer Staples and Buy 3 Mag 7 Stocks Instead
Yahoo Finance· 2026-02-25 17:34
In the fourth quarter, its latest acquisition was Crown 1 Enterprises Inc., a manufacturer of value-added proteins and ready-to-eat meals. It paid $17.5 million in cash for the former Sysco (SYY) subsidiary. The acquisition adds $56 million in annual revenue. Crown 1 brings an upgraded 42,000-square-foot production facility to the company.Its primary goal is to become a one-stop shop deli solution with annual sales of $1 billion. It plans to reach that goal through organic sales initiatives and accretive st ...
5 Very Safe High-Yield Dividend Stocks Boomers Can Hold Forever
247Wallst· 2026-02-25 14:16
5 Very Safe High-Yield Dividend Stocks Boomers Can Hold Forever - 24/7 Wall St.[S&P 5006,919.80 +0.42%] [Dow Jones49,382.90 +0.44%][Nasdaq 10025,095.40 +0.46%][Russell 20002,672.51 +0.79%][FTSE 10010,783.00 +0.64%][Nikkei 22559,570.30 +2.83%][Stock Market Live February 25, 2026: S&P 500 (SPY) Up on Trump and Tech][Investing]# 5 Very Safe High-Yield Dividend Stocks Boomers Can Hold Forever### Quick ReadThe Social Security cost-of-living adjustment (COLA) for 2026 was just 2.8%.The COLA for this year worked o ...
Mama’s Creations Investor Day: NAE Chicken Shift, Walmart/Target Wins, 2027 Margin Targets
Yahoo Finance· 2026-02-24 20:24
Chief commercial executive Chris (last name not provided) presented five pillars for fiscal 2027 sales initiatives, emphasizing a shift toward portfolio selling rather than “order taking” or single-item selling. A key KPI for the year is expanding average items per existing customer, with a goal of a net +2 SKUs in each of the top 10 accounts.CEO Adam (last name not provided in the transcript) said the company’s strategy remains unchanged, centered on the “4Cs,” with a particular emphasis on controls and da ...
Walmart Warns of “Hiring Recession” as Michael S. Eisenga, CEO of First American Properties, Highlights Deepening Cracks in a K-Shaped U.S. Economy
Globenewswire· 2026-02-23 16:04
COLUMBUS, Wis., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Mounting evidence suggests the U.S. economy is entering a more fragile and bifurcated phase, as major corporations, institutional investors, and market insiders signal rising concern over consumer strength, labor market stability, and equity valuations. Walmart, a company that has benefited from high-income consumers trading down during the recent difficult economy, has now raised concerns about what it calls a “hiring recession.” The unusual corporate use o ...
Fazer looks to M&A after “record” 2025 sales
Yahoo Finance· 2026-02-23 13:20
Finland’s Fazer Group is open to acquisitions as it seeks to build on an unprecedented year for sales. “As we continue on our international growth journey, we are actively pursuing opportunities to expand not only organically but also through M&A and remain committed to exploring all avenues that enable us to strengthen Fazer’s position in both existing and new markets,” president and CEO Christoph Vitzthum said today (23 February). Despite challenges in confectionery, bakery and Fazer’s lifestyle foods ...
TD Cowen Lifts PT on The J.M. Smucker Company (SJM) to $112 From $105 – Here’s Why
Yahoo Finance· 2026-02-22 12:22
The J.M. Smucker Company (NYSE:SJM) is one of the best sugar stocks to buy according to hedge funds. On February 20, TD Cowen lifted the price target on The J.M. Smucker Company (NYSE:SJM) to $112 from $105 and maintained a Hold rating on the shares. The rating update came after the CAGNY presentation, with the firm telling investors in a research note that the company’s commentary was constructive on fiscal 2026. Morgan Stanley Cuts Smucker (SJM) Target After Strong Run, Flags Margin Recovery Risk Separ ...
Altria Stock Is Interesting, but Here's What I'd Buy Instead
The Motley Fool· 2026-02-21 11:15
Core Viewpoint - Altria offers a high yield of 6.3%, but the business faces significant challenges, making it a riskier investment compared to Hormel Foods, which has a lower yield of approximately 5% but a more stable business model [1][4][11]. Altria Overview - Altria's primary business revolves around cigarette sales, which are declining; for instance, cigarette volumes fell by 10% in 2025 [4]. - The company has managed to support revenue and earnings through price increases and stock buybacks, allowing for ongoing dividend increases, but it remains fundamentally challenged [5]. Hormel Foods Overview - Hormel Foods is a large food manufacturer focused on protein products, aligning well with current consumer trends [6]. - The company is currently facing challenges, particularly in passing rising costs onto consumers, and is refocusing on cost control and portfolio overhaul, including plans to sell its whole turkey business [7][9]. - Hormel's interim CEO, Jeff Ettinger, has implemented strategies leading to five consecutive quarters of organic sales growth, indicating positive momentum [10]. - Hormel has a 5% yield and has increased its dividend annually for over 50 years, earning the title of Dividend King, which reflects a strong commitment to returning value to investors [11].
Flowers Foods May Sell A Bread Brand To Maintain Its Dividend
Seeking Alpha· 2026-02-20 08:02
Core Viewpoint - Flowers Foods (FLO) is currently attracting significant investor interest due to its 10% dividend yield, leading to discussions about the sustainability of its dividend payments [1] Company Summary - Flowers Foods is a bread company that is under scrutiny regarding its ability to maintain dividend payments amidst investor debates [1] Industry Context - The focus on dividend yields is prevalent among investors in the food manufacturing sector, particularly for companies like Flowers Foods that are perceived to have stable cash flows [1]