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The JM Smucker Company SJM - News Analyzed: 8,914 - Last Week: 100 - Last Month: 400

↓ The JM Smucker Company SJM Experiences Mixed Market Movements: Significant Changes in Practice and Performance Amid Investigations

The JM Smucker Company SJM Experiences Mixed Market Movements: Significant Changes in Practice and Performance Amid Investigations
The notable events revolve around The J. M. Smucker Company (SJM) including earnings announcements, changes in shareholders, and increasing concerns about the stock's performance and valuation. Despite several investors like Ethic Inc., Thompson Investment Management Inc., Cwm LLC, and Hudson Bay Capital Management LP increasing their stock holdings, SJM's shares have diminished, according to Jim Cramer. This follows lower annual profit forecasts due to inflation in coffee prices. SJM also faces scrutiny from investors after multiple Hostess-related impairments and has become the subject of securities fraud investigations. Moreover, the company made the significant decision to remove artificial colors from its consumer food products and declared several dividends. However, there's wariness regarding its upcoming dividend, cautioning investors from buying. SJM further announced the planned retirement of Gail Hollander, their Chief Marketing Officer and other leadership changes.

The JM Smucker Company SJM News Analytics from Fri, 31 Jan 2025 08:00:00 GMT to Fri, 02 Jan 2026 13:08:00 GMT - Rating -7 - Innovation -5 - Information 8 - Rumor -6

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