Post Is Hungry for Bob Evans’ Frozen Foods

Cereal giant Post Holdings Inc. (POST) completed an under-the-radar deal to acquire refrigerated food services company Bob Evans Farms Inc. (BOBE) Tuesday for $1.5 billion. In a difficult market for large food companies, Post jumped at the opportunity to expand its refrigerated side dish offerings and provide a long-term boost to its bottom line.

General Mills (GIS) Investors May See a Turnaround

With the stock already down 8.5 percent year-to-date, expectations are fairly low for General Mills, Inc. (NYSE: GIS) ahead of its fiscal first-quarter earnings release expected out before the opening bell on Wednesday morning. However, if new CEO Jeff Harmening is able to deliver on the much-needed growth he promised investors when he took over the company in…

Sonic, Papa John’s Struggles Will Be Short-Lived

After a tough start for the year for Sonic Corp. (Nasdaq: SONC) and Papa John’s International (PZZA), Citi analyst Gregory Badishkanian has regained his appetite back for both fast food stocks. On Monday, Badishkanian initiated coverage of Papa John’s and Sonic with “buy” ratings and said long-term investors shouldn’t worry about their underperformance so far in 2017.

For Buffalo Wild Wings (BWLD), It’s All About Boneless

Buffalo Wild Wings (Nasdaq: BWLD) investors may need to brace themselves for some disappointing numbers in the company’s third-quarter earnings report expected out in late October. However, Oppenheimer analyst Brian Bittner says the restaurant chain’s management team is steering the ship in the right direction headed into 2018.

Airline Stocks Losing Altitude After Downgrades

Airline stocks may run into some turbulence in the closing months of 2017. On Friday, JPMorgan analyst Jamie Baker downgraded the stocks of American Airline Group (AAL), United Continental Holdings (UAL) and Spirit Airlines (SAVE) from “outperform” to “hold” on fears that the airlines will be unable to hit earnings targets in the fourth quarter.

The U.S. Beer Market Is Tapped Out

Alcoholic beverage companies are facing a sobering outlook in the U.S. market. According to a new report by Berenberg, the relatively strong U.S. alcoholic beverage business has peaked and will likely stagnate in the next 10 years. Analyst Javier Lastra says U.S. alcohol consumption per capita will drop 0.4 percent annually for at least the next decade.