Nasdaq holds steady in countdown to Nvidia earnings
The latest PCE inflation data gave investors little reason to relax about price pressures
Company
J M Smucker Co
NYSE:SJM
J M Smucker Co is engaged in the manufacturing and marketing of branded food and beverage products on a worldwide basis. The company operates through three segments: U.S. Retail Pet Foods, U.S. Retail Coffee and U.S.
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Dow defies tech weakness as Nasdaq, S&P close lower
Investors are continuing to pick through the wreckage of last week's tech sell-off ahead of key US inflation data
Investments and investor services
LATE MOVERS: Tesla in spotlight as SEC asks for Musk to be held in contempt for violating deal
Other notables for the day include AutoZone, Caterpillar, Etsy, Home Depot, Tenet Healthcare and JM Smucker
EARLY MOVERS: Tiffany & Co shares fail to sparkle in pre-market after quarterly same-store sales disappoint, but Burlington Stores Inc surges
Also in the frame in pre-market deals was J.M. Smucker Co's results and Nutanix Inc, whose shares rose over 9%
EARLY MOVERS: TJX Companies Inc shares advance on earnings beat, while Toll Brothers also tick higher
Also in focus before the New York bell are Kohl's Corp and JM Smucker Co
PRE-MARKET MOVERS: Pfizer shares pick up in pre-market deals while PepsiCo peps up too
Also in the frame in pre-market was Lowe's Companies Inc and J M Smucker Co
PRE-MARKET MOVERS: Investors lose appetite for J M Smucker shares but Five Below goes higher
Cloudera and Alphabet are two other stocks in focus before the New York bell
The J.M. Smucker Company seals US$1.7bln deal to buy Ainsworth Pet Nutrition
Buying Ainsworth Pet Nutrition allows J.M. Smucker to add the Rachael Ray Nutrish brand to its portfolio
JM Smucker raises 2018 guidance thanks to US tax reforms; 5,000 workers set for sweet bonus
The fruit jelly maker is putting an extra US$20mln into its employee pension scheme and handing 5,000 workers a one-off US$1,000 bonus, thanks to the recent US tax changes
J.M. Smucker's shares up premarket trade after market beating second quarter results
The company said it is adjusting its fiscal 2018 guidance, lowering the bottom end, to reflect "industry-wide headwinds"
J.M. Smucker sees first quarter earnings fall, missing market forecasts, and lowers full year guidance
The food and beverages group reported net income for the quarter ended July 31 of US$126.8mln, or US$1.12 per share, down from US$170.0mln, or $1.46 a share a year earlier
Benchmarks now up on the week after strong GDP data
Though it seemed improbable at the close of trading on Monday, U.S. benchmarks are now up on the week. Sentiment has been boosted by a strong showing overnight in Asian markets and much better than expected US gross domestic product figures
Benchmarks now up on the week after strong GDP data
The US economy grew more strongly than expected in the third quarter, and although this may make a rate hike more likely next month, investors are betting that this week's global stock market turmoil will stay the Fed's hand.
Relief rally moves into second day
Gross domestic product numbers were much better than expected giving a lift to a market already buoyed by Shanghai's strength overnight.