News
MKC-V
74.44
-3.76%
-2.91
US STOCKS-Dow, S&P for third straight session with inflation data eyed
Dow, S&P for third straight session with inflation data eyed Tesla to give customers one-month driver-assist trial. McCormick jumps after Q1 profit, sales beat; Trump Media & Technology surges in debut. Dow and S-P 500 fall to third straight decline as investors await inflation data. The focus is on the Federal Reserve's preferred inflation gauge due on Friday.
Reuters · 1d ago
US STOCKS-Wall St little changed as investors eye inflation data
US STOCKS-Wall St little changed as investors eye inflation data Tesla to give customers one-month driver-assist trial; shares up McCormick jumps after Q1 profit, sales beat Trump Media & Technology surges in debut after SPAC merger. U.S. Stocks were little changed on Tuesday as investors awaited economic data. The focus remains on a key reading of the Federal Reserve's preferred inflation gauge.
Reuters · 1d ago
US STOCKS-Wall St gains as megacap growth stocks lead
U.S. Stocks rise modestly on Tuesday after two-day slide. Tesla up 3.66% as CEO Elon Musk unveils one-month driver-assist trial. Trump Media & Technology surges on debut after SPAC merger. McCormick best performer on the S&P 500 after beating sales, profit expectations. Dow rises 0.22%, S&p 500 up 0.20%, Nasdaq 0.26%. Investors await economic data on Friday to gauge the Fed's policy path.
Reuters · 1d ago
BUZZ-U.S. STOCKS ON THE MOVE-Nuvation Bio, Seagate, AppFolio
Wall Street's main stock indexes climbed on Tuesday. Dow Jones Industrial Average was up 0.21% at 39,395.24. Most heavyweight growth stocks and chipmakers rose. Nuvation Bio, Seagate, AppFolio among the top percentage gainers.
Reuters · 1d ago
US STOCKS-Wall St advances as chipmakers, megacap growth stocks rebound
US STOCKS-Wall St advances as chipmakers, megacap growth stocks rebound. Tesla to give customers one-month driver-assist trial; shares up Trump Media & Technology surges on debut after SPAC merger Indexes up: Dow 0.25%, S&P 0.29%, Nasdaq 0.38%
Reuters · 1d ago
BUZZ-U.S. STOCKS ON THE MOVE-Reddit, CONSOL Energy, Nuvation Bio
Dow Jones Industrial Average was up 0.23% on Tuesday. Top three S&P 500 percentage gainers were Seagate Technology, Nuvation Bio and Krispy Kreme. Reddit, Consol Energy and Evercore are among the biggest decliners on the NYSE.
Reuters · 1d ago
BUZZ-Spice maker McCormick set for best session in a year on Q1 beat
Shares of McCormick & Co up as much as 9.5% at $76.61 - highest since Sept. 22. Stock set for best session in a year on Q1 beat. Q1 adjusted EPS of 63 cents beats analysts' expectation of 58 cents. Company's gross profit margin expands 140 bps to 37.4%.
Reuters · 1d ago
US STOCKS-Wall St rises as chipmakers, megacap growth stocks recover
US STOCKS-Wall St rises as chipmakers, megacap growth stocks recover. Trump Media & Technology surges on debut after SPAC merger Indexes up: Dow 0.18%, S&P 0.29%, Nasdaq 0.45% Wall Street's main stock indexes climb on Tuesday as most growth stocks and chipmakers advance. Investors await February inflation data due on Friday to assess Federal Reserve's easing path.
Reuters · 1d ago
McCormick & Company Inc reports results for the quarter ended in February - Earnings Summary
McCormick & Company Inc reports quarterly adjusted earnings of 63 cents per share for the quarter ended in February. Revenue rose 2.4% to $1.60 billion from a year ago. The company reported quarterly income of $166 million. McCormick & company Inc shares had risen by 2.2% this quarter.
Reuters · 1d ago
BUZZ-U.S. STOCKS ON THE MOVE-Gold miners , Alibaba, McCormick
U.S. Stock index futures ticked up on Tuesday as most megacap and chip stocks advanced. Investors readied for more data to assess the Federal Reserve's rate path. Dow e-minis were up 0.10% at 39,739.25. The top three NYSE percentage gainers were Reddit, Alibaba and McCormick.
Reuters · 1d ago
US STOCKS-Wall St eyes higher open as chipmakers, megacap growth stocks rebound
US STOCKS-Wall St eyes higher open as chipmakers, megacap growth stocks rebound. Futures up: Dow 0.15%, S&P 0.29%, Nasdaq 0.38%. Investors await February reading of the Federal Reserve's preferred inflation gauge. The indexes ended the previous session slightly lower.
Reuters · 1d ago
BUZZ-Spice maker McCormick rises on Q1 beat
Shares of McCormick & Co MKC.N up 5% at $73.45 premarket. Company's Q1 adjusted EPS of 63 cents beats analysts' expectation of 58 cents. Net sales of $1.60 bln also beat estimates. Company reaffirms FY 2024 outlook.
Reuters · 1d ago
Spice maker McCormick beats quarterly results on steady volumes, higher prices
Spice maker McCormick beats quarterly results on steady volumes, higher prices. Demand for McCormick's hot sauces and other condiments remained steady. The company's volumes for the quarter fell 1% after declining 3% last quarter. Shares of the company were up about 4% in premarket trading.
Reuters · 1d ago
BRIEF-McCormick & Company Q1 Adjusted EPS USD 0.63 Vs. IBES Estimate USD 0.58
McCormick & Company reports Q1 adjusted operating income of $238 million. Company says Q1 EPS was $0.63. Company expects FY adjusted EPS to be $2.76 to $1.85 for the year. The company also expects to report a higher Q1 operating income.
Reuters · 1d ago
What to Watch in the Day Ahead - Tuesday, March 26
Hot sauce maker McCormick is expected to post a decline in first-quarter sales. U.S. Consumer confidence index expected to rise to 107 in March. Brazil's inflation data is scheduled to be released. Argentina's annual economic activity likely slid 5.5% in January.
Reuters · 2d ago
Weekly Report: what happened at MKC V last week (0318-0322)?
Weekly Report · 2d ago
What to Watch in the Week Ahead and on Monday, March 25
U.S. Expected to report final estimate of the 's Gross Domestic Product for the fourth quarter on Thursday. Home sales likely increased to a seasonally adjusted annual rate of 675,000 units in February. Brazil's economic figures are expected to be released on Tuesday.
Reuters · 5d ago
Mccormick Vtg: Statement of changes in beneficial ownership of securities
Press release · 03/19 22:47
Weekly Report: what happened at MKC V last week (0311-0315)?
Weekly Report · 03/18 09:31
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About MKC-V
McCormick & Company, Incorporated is engaged in manufacturing, marketing and distributing spices, seasoning mixes, condiments and other flavorful products to the entire food industry, including e-commerce channels, grocery, food manufacturers and foodservice businesses. The Company operates through two business segments: Consumer and Flavor Solutions. In the Consumer segment, it sells its products under the McCormick brand and a variety of brands around the world, including French's, Frank's RedHot, Lawry’s, Zatarain’s, Simply Asia, Thai Kitchen, Ducros, Vahine, Cholula, Schwartz, Club House, Kamis, DaQiao, La Drogheria, Stubb's, OLD BAY and Gourmet Garden. In its Flavor Solutions segment, it provides a range of products to multinational food manufacturers and foodservice customers. Its sales, distribution and production facilities are located in North America, Europe and China. Additional facilities are based in Australia, Central America, Thailand and South Africa.