In a series of financial updates, The J.M. Smucker Company (SJM) has its stakes shifted by numerous financial firms. Great Lakes Advisors, Dimensional Fund Advisors, Mitsubishi UFJ Asset Management, and Principal Street Partners made significant changes to their stocks holdings. Furthermore, BNP Paribas and Los Angeles Capital Management have also invested heavily in the company. SJM's stock displayed mixed performance throughout the week, showcasing both rises and falls. Q3 2024 earnings results were shared, along with warnings of potential surprises affecting its stocks.
The company has been active in its strategic management, with the announcement of a new strategic business area, changes to its leadership team, and the formation of a new strategic business area. SJM also shared progress regarding its Thriving Together Agenda and scored 100 in the Human Rights Campaign's Corporate Equality Index. On the innovation front, Smucker’s Uncrustables sandwiches secured a spot on the list of the most innovative companies.
In terms of acquisitions and divestitures, SJM has completed the divestiture of certain brands and announced its leveraged acquisition of Hostess Brands to enhance the consumer occasions business segment. Conversely, layoffs have been announced, impacting several employees.
The JM Smucker Company SJM News Analytics from Wed, 09 Aug 2023 07:00:00 GMT to Sat, 18 May 2024 21:05:50 GMT - Rating 0 - Innovation -1 - Information 7 - Rumor -4
