JM Smucker jumps on forecast-beating results
Shares in JM Smucker (SJM) jumped 7.5% to $115 on Wall Street after the US consumer staple delivered forecast-beating Q3 results. The company, which makes food for people and pets alike, also issued a confident outlook statement. Share price: $115 (+7.5%) PE: n/a Market cap: $11.4bn Yield: 4.1% This provided investors in the challenged packaged … Continue reading JM Smucker jumps on forecast-beating results
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