The Latest Breaking News from JM Smucker

A sweet spot is Uncrustables "on track" to becoming a $1 billion brand, CFO Tucker Marshall says.

The product has a "unique competitive advantage," says Tucker Marshall.

SJM stock fell Monday after jam maker J.M. Smucker announced plans to buy Twinkies parent Hostess Brands for $5.6 billion. TWNK stock jumped.

For Hostess, the deal with the peanut-butter-and-jelly conglomerate is a sweet win after not one, but two bankruptcies.

Hostess Brands struggled for years and nearly vanished before it filed for Chapter 11 bankruptcy reorganization in early 2012.

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.47%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.74%. Stock index futures this morning are moderately higher on strength in technology stocks. Tesla climbed more than +5% in pre-market trading after Mogan Stanley upgraded...

Hostess, which returned to the public markets in 2016 following a pair of Chapter 11 bankruptcies, will be bought by the Jif peanut butter producer.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.245%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.03%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +0.01%. Stock indexes Tuesday rose modestly as strength in regional...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.04%. U.S. stocks this morning are modestly higher. A rally...