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Monday Mashup - CHARt 1

RECENT NOTES

8/11/15 LNCE | GOING IN LONG

8/10/15 LWAY | Sitting on a Gold Mine with no Tools

8/10/15 WWAV | KEEP RIDING THIS WAVE

8/6/15 WWAV | EARNINGS PREVIEW & POTENTIAL ACQUISITION

8/05/15 K | IS CEREAL RESUSCITATING THE COMPANY?

8/4/15 BETR | It’s Already Popped

RECENT NEWS FLOW

Friday, August 14

SYY | Issues statement on Trian Partners announcement (click here for article)

TSN | Reducing beef production capacity due to continued lack of available cattle (click here for article)

 

Thursday, August 13

GMO’s | Not everyone knows what GMO’s are but 87% of consumers think non-GMO is healthier (click here for article)

GIS | Wheaties brand extending into craft beer, although not expected to pick up sales of Wheaties cereal, it is an interesting collaboration between two Minneapolis based companies (click here for article)

 

Wednesday, August 12

FLO | Announced a definitive agreement to acquire Dave’s Killer Bread for $275mm (click here for article)

DF | Insider trading probe at DF involving ex-Chairman and golfer Phil Mickelson (click here for article)

KHC | Announced the cut of 2,500 jobs in North America (click here for article)

POST | The company priced $800mm aggregate principal amount of 7.75% senior notes due 2024 at par and $400mm aggregate principal amount of 8.00% senior notes due 2025. Additionally, POST is offering 5.85mm shares at a price of $60 per share (click here for article)

 

Tuesday, August 11

HSY | Launches tender offer for 8.80% debentures due 2021 and 7.20% debentures due 2027 (click here for article)

SECTOR PERFORMANCE

Food and organic stocks that we follow outperformed the XLP last week. The XLP was flat last week, the top performer from our list was Post Holdings (POST) posting an increase of +14.1%. Worst performing company on our list was once again Amira Natural Foods (ANFI), which was down -18.4%.

Monday Mashup - CHART 2

QUANTITATIVE SETUP

From a quantitative perspective, the XLP remains bullish on a TRADE and TREND duration.

Monday Mashup - CHART 3

Food and Organic Companies

Monday Mashup - CHART 4

Monday Mashup - CHART 5