Bidcorp is a broadline foodservice group with a geographic reach encompassing over 34 countries on five continents. Bidcorp, operating as Bidfood in most geographies, has adopted a decentralised model of management which encourages the entrepreneurial spirit contained in each of its businesses. Each business is directly responsible for its product range, its...
The company's efforts to restructure have not come across well so far, trailing its competitors. Cal-Maine has a long way to go, I believe, to fairly compete with larger players. I am pessimistic on the company's 3 month prospect and have a $35.00 PT. Stop set at $45.00 but is flexible up to $50.00. I believe the company will report lower guidance on Monday.
buy whole food for a long when comes into pullback
MCD is downtrending. Currently price is on the high end of the range, and on the daily chart (not pictured), price is pushing against the trendline. Consumer demand for their products is decreased. However, on the lower trendline, the last low was not quite as low as the low before that. (not a good sign for this position) Price is likely to go down at this...
Recently, the leading packaged food company ConAgra Foods Inc (NYSE:CAG) has declined sharply on the charts. The stock topped out on August 5th, 2013 at $37.21 a share. Since that time, ConAgra Foods Inc stock has been steadily declining. Last week, the food company warned of a 7% decrease in consumer goods volume. This news has certainly put pressure on the stock...