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NEW YORK, March 15, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting ConocoPhillips (NYSE:COP), Hess Corp. (NYSE:HES), The J.M. Smucker Company (NYSE:SJM), Campbell Soup Company (NYSE:CPB) and Thomson Reuters Corporation (NYSE:TRI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
ConocoPhillips Research Report
The latest quarterly and yearly result of ConocoPhillips reports a 4Q12 earning of $1.4 billion or $1.16 per share, a drop from the same year-ago quarter earnings of $3.4 billion or $2.56 per share. Full-year 2012 earnings, meanwhile, equals to $8.4 billion or $6.72 per share, compared to 2011 earnings of $12.4 billion, or $8.97 per share. However, with a total production of 1, 607 MBOED for the latest quarter, the company has also announced to sell its interests in Kashagan, Algeria, Nigeria and Cedar Creek Anticline which are expected to generate $9.6 billion in proceeds. Apart from this recent financial move, ConocoPhillips will also begin trading ex-dividend this month. The company has also taken a financial investment decision to develop the Makilai field off Sabah, Malaysia along with Petronas Carigali Sdn Bhd and Petronas Carigali Sdn Bhd of Royal Dutch Shell PLC. While ConocoPhillips own 35% of the project, the company seems to be eager in pursuing explorations in the Malysian shores, having achieved its first oil from the Gumusut field in the said South East Asian country. The Full Research Report on ConocoPhillips - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/afc1_COP]
Hess Corp. Research Report
Hess has also announced a capital and exploratory budget of $6.8 billion for 2013. Chairman and CEO John Hess says that the corporation's said budget is "focused on attractive investment opportunities." While ConocoPhillips explores foreign energy sources outside the country, the primary target of Hess is the development of Bakken Shale in North Dakota, where the corporation plans to operate 14 rigs and complete the expansion of its Tioga Gas Plant. The corporation's call-option trading, furthermore, brings in a surge in trading resulting to 45,000 contracts. This changing of hands gave way an increase of $0.98 per share. Activist investor Elliott Management Corp., the second largest shareholder of Hess, calls for an overhaul of the board and the streamlining of the business through asset sales. With oil and gas units in five continents, Hess reports a 2.6% increase in its latest quarter's earnings or $1.20 per share brought about by the higher volumes in its Bakken operations. The corporation's net income for the said quarter is $566 million, with a year-end total proved reserves of 1,553 MBOED. The Full Research Report on Hess Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/3edb_HES]
The J.M. Smucker Company Research Report
Orrville, Ohio's The J.M. Smucker Company posted a $1.56 billion net sales for the latest quarter, up 6% and driving a 38% rise in the adjusted earnings per share or $1.47. "We went into the important holiday season positioned for growth in many of our categories and are pleased with the results," said Richard Smucker, Chief Executive Officer. The newly acquired foodservice coffee and hot beverage segment from Sara Lee helped bring about the net sales increase of 6%, along with a "favorable sales mix" comprised of the K-Cups and peanut butter products. The company also plans to continue bolster its existing portfolio with the acquisition of Rowland Coffee Roasters, Inc., including the brands Café Bustelo and Café Pilon. With this move, Smucker's expects to grow its customer base in the Hispanic region. Aside from these recent purchases, Smucker's also announced a 6% cut in the price of its Folgers and Dunkin' Donuts coffee. The price drop is caused by the sustained decrease in the world market price of coffee, particularly the Arabica and Robusta beans. Smucker's is also set to expand its Lexington peanut butter plant for the increased production Jif through equipment upgrades. A Memphis plant used for fruit spreads, toppings and syrups will be converted to another peanut butter plant as well, specifically for the production of the company's natural brands including Smucker's, Adams, Santa Cruz Organic, and Laura Scudder's. The Full Research Report on The J.M. Smucker Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/3137_SJM]
Campbell Soup Company Research Report
Campbell, is set to expand its manufacturing and distribution of its beverages, soups, broths, and sauces in Mexico via its commercial agreements with Grupo Jumex and Conservas La Costeña. Fruit juice company Grupo Jumex will manufacture and distribute V8 portfolio, while Conservas La Costeña will handle Campbell's line of soups, broths, and sauces. Denise Morrison, Campbell's President and Chief Executive Officer, said, Our arrangements with these new partners will increase our access to customers and enable us to reach new consumers for our products. We believe that they will redefine the scope of our business opportunities in Mexico." The 144-year old food giant also aims to reengage its customers while attracting new ones through increased promotions of its core brands. Morrison plans to stabilize the soup and simple businesses and grow in the healthy beverages and snacks department. Campbell has recently launched Go Soup, a new line of diversely flavored soups targeting the young generation. These soups are packed pouches rather than the traditional cans and have been marketed in various social media platforms. In 2014, Campbell is set to launch 200 new products internationally. The Full Research Campbell Soup Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/e951_CPB]
Thomson Reuters Corporation Research Report
Advancing its move to strengthen the foothold in the financial information sector, Reuters has entered into a partnership with the Washington-based outsourcing specialist Chartwell Compliance. Reuters and Chartwell Compliance will collaborate to provide consulting, testing and other solutions in various areas such as regulatory compliance, financial crimes prevention and enterprise risk management for small to mi-market US financial service providers. Reuters is also set to further develop Reuters Market Light (RML), the company's information service for India's farming community. Together with IvyCap Ventures Advisors Private Limited, Reuters aims to help the development of the local communities served by RML. To date, RML has reached more than one million subscribers for its information services on agriculture, weather, market price and crop information. Reporting a revenue of $12.9 billion or a growth of 3% for the quarter that ended in December 31, 2012, Reuters posted a full-year adjusted earnings per share of $2.12, up 16 centers from the same year-ago period. Looking ahead, Reuters CEO James C. Smith says the company will "enter 2013 with more confidence and a much stronger foundation." The Full Research Report on Thomson Reuters Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/b416_TRI]
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