Wall Street appeared pleased with the showing. We believe Sara Lee has stirred investor interest, a turn in sentiment for the firm largely through their efforts, wrote Terry Bivens, an analyst with J.P. Morgan. We believe [Sara Lee CEO Jan] Bennick presented an intriguing picture of two stronger
Date: May 05, 2011
Category: Business
Source: Google
ConAgra Boosts Ralcorp Offer to $4.9 Billion; Ralcorp Snubs Bid
We have difficulty seeing why ConAgra, which has been emphasizing its branded consumer portfolio, would want such extensive store-brand exposure, Terry Bivens, an analyst at JPMorgan Chase & Co., said in a note to clients today. The New York-based analyst rates ConAgras shares neutral.