October 21, 1986
The cash purchase by IC Industries of Chicago will complement the company's specialty food products marketed by Pet Inc., said IC Chairman William J. Johnson. Ogden Foods, a division of Ogden Corp., sells soups, sauces and other items under the Progresso, Hain, Hollywood and Las Palmas brands. Sales in 1986 are estimated at $276 million. Pet Inc. was acquired by IC Industries in 1978 and had 1985 sales of $887 million.
April 18, 2005
Earnings from big companies such as Intel Corp. and Pfizer Inc., as well as key inflation reports, will help determine whether U.S. stocks will continue to skid lower or bounce back this week. Today kicks off one of the heaviest weeks of the quarterly earnings season. Some of the other companies slated to report include General Motors Corp. and Ford Motor Co., Internet companies EBay Inc. and Yahoo Inc., financial heavyweight Merrill Lynch & Co. and soft-drink giant Coca-Cola Co.
January 24, 2005
The uncertainties that have plagued Wall Street and overshadowed a strong earnings season probably will continue this week, as investors wrestle with high oil prices, the upcoming Iraqi elections and ongoing concerns about interest rates and inflation. Though earnings have been strong -- analysts at Thomson First Call say actual earnings as well as estimates for companies yet to report show a 16.5% growth rate -- the markets suffered their third straight week of declines last week.