B&G FOODS, INC. 
By NEW YORK, June 11, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting The J.M. Smucker Company (NYSE: SJM), McCormick & Company, Incorporated (NYSE: MKC), Campbell Soup Company (NYSE: CPB), Flowers Foods, Inc. (NYSE: FLO), and B&G Foods Inc. (NYSE: BGS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The J.M. Smucker Company Research Report
On June 6, 2013, The J.M. Smucker Company (Smucker's) released its Q4 FY 2013 and full-year FY 2013 results (period ended April 30, 2013). Net sales were down 1.2% YoY to $1.3 billion in Q4 FY 2013, and up 6.7% YoY to $5.9 billion in full-year FY 2013. Net income was up 25.2% YoY to $130.3 million in Q4 FY 2013, and up 18.4% YoY to $544.2 million in full-year FY 2013. Richard Smucker, CEO of Smucker's, said, "Our momentum continued through a strong fourth quarter, as we achieved record sales, earnings, and operating cash flow for the full fiscal year. The record results we reported were achieved while also making significant investments toward our future growth and creating value for shareholders. In 2013, we increased the annual dividend paid per share by nine percent, while also repurchasing nearly four percent of our shares. Our long-term focus, strong consumer-relevant brands, robust innovation, and dedicated employees are keys to this success." The Full Research Report on The J.M. Smucker Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/7314_SJM]
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McCormick & Company, Incorporated Research Report
On May 31, 2013, McCormick & Company (McCormick) announced that it has successfully completed the purchase of the assets of Wuhan Asia-Pacific Condiments Co. Ltd. (WAPC). WAPC manufactures and markets the well-known DaQiao and ChuShiLe brand bouillon products, which have a leading position in the central region of China. The Company stated that these products complement its current portfolio of flavor products in China, and that WAPC's strong presence in central China complements McCormick's presence in the coastal regions. The acquisition is expected to increase the Company's EPS in 2014 and to be fully accretive in 2015, once the integration activity is completed. The Full Research Report on McCormick & Company, Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.WSReports.com/r/full_research_report/3bdf_MKC]
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Campbell Soup Company Research Report
On June 5, 2013, Campbell Soup Company (Campbell) announced that it has accelerated its efforts to revitalize the City of Camden's Gateway District with the demolition of the long-abandoned Sears building at 1300 Admiral Wilson Boulevard. The Company reported that the demolition is scheduled to take approximately eight weeks. Campbell acquired the vacant building for $3.5 million in June 2012 as part of its efforts to develop an office park in the Camden Gateway District. Richard Landers, Campbell's Vice President of Tax and Real Estate, said, "We have always believed that the former Sears parcel is critical to having a viable footprint for the office park project. We are pleased to be moving forward with our development plans." Dana L. Redd, Mayor of the City of Camden, commented, "The demolition of this property finally clears the way for future development in the Gateway Neighborhood. My Administration looks forward to continued collaboration with Campbell as we strive to spur economic development and move Camden forward." The Full Research Report on Campbell Soup Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.WSReports.com/r/full_research_report/159d_CPB]
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Flowers Foods, Inc. Research Report
On May 22, 2013, Flowers Foods, Inc. (Flowers Foods) announced that its Board of Directors declared a three-for-two split of the Company's stock by means of a 50% stock dividend and also increased its annual cash dividend by $0.04. Flowers Foods stated that this equates to a 5.5% increase over the previous dividend rate. The stock split as well as the dividends are payable on June 19, 2013 to shareholders of record as of June 5, 2013. George E. Deese, Executive Chairman, commented, "The board believes Flowers Foods is in an excellent position to reward our shareholders with an increased dividend, allowing our investors to continue participating in the company's success over the long term." He added, "In addition, the stock split will increase the liquidity of our stock and attract new shareholders." The Full Research Report on Flowers Foods, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/fa22_FLO]
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B&G Foods Inc. Research Report
On June 4, 2013, B&G Foods Inc. (B&G Foods) announced that it has completed the registered public offering of $700 million aggregate principal amount of 4.6% senior notes due in 2021. B&G Foods reported that the notes are guaranteed on a senior unsecured basis by some of its subsidiaries. The Company also reported that the net proceeds of the offering will be used to purchase all $248.5 million aggregate principal amount of its existing 7.6% senior notes due in 2018, to repay $222.2 million aggregate principal amount of tranche B term loans and approximately $40 million of revolving loans under its credit agreement, and to pay related premiums, fees and expenses. The remaining net proceeds will be used for general corporate purposes. The Full Research Report on B&G Foods Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/0dfb_BGS]
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SOURCE Wall Street Reports
