Pre-Market Analysis: Kellogg, Hillshire Brands, Diamond Foods, and McCormick &
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LONDON, June 21, 2013
LONDON, June 21, 2013 /PRNewswire/ --
On Thursday, June 20, 2013, shares in processed & packaged goods companies
ended mostly lower, tracking losses in the broader market. The major movers
included Kellogg Company (NYSE: K), Hillshire Brands Co. (NYSE: HSH), Diamond
Foods Inc. (NASDAQ: DMND), and McCormick & Company Incorporated (NYSE: MKC).
All these companies are tracked by AAAResearchReports.com. Free technical
research on K, HSH, DMND, and MKC can be downloaded upon sign up at
Shares in Kellogg Company moved lower on Thursday, extending their losses from
previous market sessions. The company's shares ended the day 2.04% lower at
$62.57 after trading between $62.56 and $63.66. A total of 2.47 million shares
were exchanged, thus exceeding the daily average volume of 1.79 million.
Kellogg's shares have dropped by over 3% in the last three sessions. However,
despite the recent losses, the stock is still trading near its 52-week high of
$66.84. Further, shares of the company have slipped below their 50-day moving
average as a result of the recent losses. Sign up and read the complimentary
report on K at:
Hillshire Brands Co.'s stock was one of the worst performers in the consumer
goods sector yesterday. The company's shares ended the day 3.29% lower at
$32.29 after oscillating between $32.11 and $33.32. The stock registered a
trading volume of 1.60 million, which is above its daily average volume of
1.16 million. In the last three months, Hillshire Brands' shares have gone
down by 5.67%, thus underperforming the S&P 500. Further, the stock is
currently trading below its 50-day moving average. The free report on HSH can
be downloaded by signing up now at:
Shares in Diamond Foods Inc. moved lower on Thursday, reversing some of their
recent gains. The company's shares ended the day at $20.38, down 0.49%, after
fluctuating between $19.86 and $20.69. The company's shares registered a
volume of 516,151 which is above their daily average volume of 434,762.
However, despite yesterday's pullback, Diamond Foods' shares have risen 1.95%
in the last three market sessions. Shares of the company are currently trading
above their 50-day and 20-day moving averages. A free report on DMND can be
accessed by registering at:
McCormick & Company Inc.'s shares moved 2.80% lower on Thursday, extending
their losses from previous trading sessions. The company's shares oscillated
between $69.90 and $71.71 before finishing the day at $70.00. A total of
824,973 shares were exchanged, exceeding the daily average volume of 598,898.
McCormick & Co.'s shares have tumbled by over 3.80% in the last three trading
sessions. Register with AAA Research Reports and download research on MKC for
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