Stocks Spike, Bond Yields Drop as CPI Inflation Comes in Cooler Than Expected
Barrons· 2025-12-18 13:38
Stocks spiked and bond yields dropped after Wall Street cheered a cooler-than-expected November inflation reading.The consumer price index for November rose at a 2.7% annual rate, which was below expectations at 3%.The core CPI, which excludes volatile food and energy prices, rose at a 2.6% annual rate. Economists polled by FactSet expected a 3.1% uptick. ...
Conagra Brands: A Broken Narrative Is Creating Rare Yield Opportunity (NYSE:CAG)
Seeking Alpha· 2025-12-18 13:38
You don't expect companies like Conagra Brands ( CAG ) to get into trouble. You can easily find their products in millions of kitchens. The company's main products are frozen meals, snacks, and pantry staples. And this kind of foodI am an independent investment analyst and financial writer with over four years of experience covering global equities, specializing in deep fundamental research and long-term investment theses. My investing background spans equity research, data analysis, and financial modeling, ...
Conagra Brands: A Broken Narrative Is Creating Rare Yield Opportunity
Seeking Alpha· 2025-12-18 13:38
Core Insights - Conagra Brands (CAG) is a well-known company with a strong presence in kitchens, offering products such as frozen meals, snacks, and pantry staples [1] Company Overview - Conagra Brands specializes in frozen meals, snacks, and pantry staples, making it a staple in many households [1] Investment Analysis - The article emphasizes the importance of fundamental research and long-term investment theses in evaluating companies like Conagra Brands [1]
Jackpot Digital Receives License from Michigan Gaming Control Board
TMX Newsfile· 2025-12-18 13:37
Core Viewpoint - Jackpot Digital Inc. has received a supplier gaming license from the Michigan Gaming Control Board to operate its Jackpot Blitz® electronic table games in commercial casinos throughout Michigan, marking a significant step in its North American expansion [1][2]. Group 1: Company Expansion - The addition of Michigan to Jackpot Digital's list of jurisdictions is a major milestone, allowing the company to introduce its innovative Jackpot Blitz® ETGs to a dynamic gaming market [2][3]. - The company plans to initiate installations in Detroit commercial casinos in the first quarter of 2026, further solidifying its presence in the North American market [3]. Group 2: Product Offering - Jackpot Digital specializes in dealerless multiplayer electronic poker ETGs, providing casinos with efficient and cost-effective alternatives to traditional live-dealer games [4]. - The Jackpot Blitz® ETGs combine the excitement of live poker with the advantages of digital gameplay, enhancing the player experience and optimizing gaming offerings for operators [2][4]. Group 3: Licensing and Market Presence - Jackpot Digital is already licensed in several jurisdictions, including Maine, Mississippi, and the U.S. Virgin Islands, as well as various international markets [3]. - The company holds licenses for tribal casinos in multiple states, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New York, and Oregon, indicating a broad market reach [3].
Conagra Brands Earnings Preview: What to Expect
Yahoo Finance· 2025-12-18 13:36
Valued at a market cap of $8.5 billion, Conagra Brands, Inc. (CAG) is a packaged food company that manufactures, markets, and distributes a wide range of branded and private-label food products, including frozen meals, snacks, condiments, packaged meals, and grocery staples. The Chicago, Illinois-based company is scheduled to announce its fiscal Q2 earnings for 2026 before the market opens on Friday, Dec. 19. Ahead of this event, analysts expect this packaged foods company to report a profit of $0.44 pe ...
Soybeans Slipping to Start Thursday Trade
Yahoo Finance· 2025-12-18 13:36
Soybeans are steady to down 1 ½ cents so far on Thursday morning. Contracts posted Wednesday losses of 3 to 4 ½ cents at the close. Open interest dropped 939 contracts on Wednesday. The cmdtyView national average Cash Bean price was 5 cents lower at $9.87 1/4. Soymeal futures were $4.10 to $5.20 lower, with Soy Oil futures steady to 16 points higher. Weekly Export Sales data will be released on Thursday morning for the week ending on 11/27, with traders looking for 0.6-2 MMT in soybean sales. Meal sales ...
Wheat Starting Thursday with Strength
Yahoo Finance· 2025-12-18 13:36
Wheat is showing mostly higher trade on Thursday morning. The wheat complex posted mixed action on Wednesday, with HRW holding higher. Chicago SRW futures were down 2 to 3 ¼ cents on the day. Open interest was up 6,457 contracts, suggesting new selling interest. KC HRW futures were up 2 to 3 cents at the close. OI was up 4,203 contracts. MPLS spring wheat was down 3 cents in the nearby contracts on Wednesday. Export Sales data will be this morning for the week ending on November 27, with wheat sales seen ...
Cotton Showing Thursday AM Losses
Yahoo Finance· 2025-12-18 13:36
Cotton prices action is down 10 to 15 points early on Thursday. Futures closed the Wednesday session with contracts up 20 to 33 points on the day. Crude oil futures were $1.63 per barrel higher at $56.90. The US dollar index was $0.201 higher to $97.995. Spec traders in cotton futures and options were trimming their net short position during the week ending on December 2 by 2,212 contracts. That took their net short to 59,787 contracts. More News from Barchart Tuesday’s online auction from The Seam sh ...
Corn Bulls Continue Back to Push Higher on Thursday Morning
Yahoo Finance· 2025-12-18 13:36
Corn price action is steady to up 1 ¾ cents so far. Futures posted gains of 2 to 4 ½ cents on Wednesday. Preliminary open interest was up 2,852 contracts. Demand continues to be solid, with record ethanol and exports. The CmdtyView national average Cash Corn price as up 4 cents to $3.96 3/4. Export Sales data will be updated for the week of 11/27 this morning, with traders looking for between 1-2 MMT of corn sales. More News from Barchart EIA data from Wednesday showed another record ethanol corn grin ...
James Hardie Industries PLC (JHX) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
TMX Newsfile· 2025-12-18 13:36
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors regarding the performance of its North America Fiber Cement segment during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC on behalf of investors who purchased James Hardie common stock or American Depositary Shares from May 20, 2025, to August 18, 2025 [1][2]. - Investors have until December 23, 2025, to seek appointment as lead plaintiff representatives of the class [2]. Group 2: Allegations Against the Company - The complaint claims that James Hardie misrepresented the strength of its core North America Fiber Cement segment, stating that demand was strong and inventory levels were normal, despite knowledge of distributors destocking inventory by April and early May 2025 [3]. - On August 19, 2025, the company disclosed a 12% decline in the segment, attributing it to "normalization of channel inventories" and warned of continued weakness, leading to a stock price drop of over 34% [4].