Atlanta, GA – Scibility Media – 10/13/2014
This article addresses three stocks: The J.M. Smucker Company(NYSE:SJM), Brown-Forman Corporation(NYSE:BF-B), and Sykes Enterprises, Incorporated(NYSE:SYKE)
The J.M. Smucker Company(NYSE:SJM) is an Ohio-based branded food products company that provides its products through several well-established brands, including Folgers, Dunkin Donuts, Smuckers, Jif, Pillsbury, truRoots, Santa Cruz Organic, and Millstone. The company currently has a bid price of $97.70 and an offer price of $112.88, prices that indicate the stock’s value may be highly liquid. The company has not made a major announcement in over a month, when J.M. Smucker reported it had purchased Sahale Snacks, Inc. from Palladium Equity Partners.
Brown-Forman Corporation(NYSE:BF-B) produces a variety of alcohol beverages in the United States. The Kentucky’ based company’s brands include Jack Daniels, Woodford Reserve, Southern Comfort, Canadian Mist, Gentleman Jack, and Korbel Champagne. On Oct. 8th, Brown-Forman announced that it would be launching the Woodford Reserve Master’s Collection Sonoma-Cutrer Pinot Noir Finish, which was finished in a used Pinot Noir barrel as opposed to an oak barrel. In the press release, the company stated it hoped the product would challenge industry notions of what a bourbon must be.
Sykes Enterprises, Incorporated(NASDAQ:SYKE) is a Florida-based information technology services company that provides outsourced customer contact management solutions and services around the world. On Oct. 7th, Zack’s upgraded the company’s stock from a rating of underperforming to neutral. The company has not made a major announcement since reporting its second quarter financial results on Aug. 4th, 2014. Nevertheless, Sykes Enterprises remains a heavily traded stock, with a volume of 274,150 on Friday.
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