Del Monte Foods News

While there's still vacation time left, middle-school-aged chefs might want to take on a challenge in the form of a healthful recipe contest for "tweens." Open to students in the seventh and eighth grades, this "Stirring up Health" recipe sweepstakes is being conducted by Del Monte Foods, Johnson & Wales University, and the Home Baking Association.

Seven tons of pet food is en route to PAWS of Northeast Louisiana, courtesy of Del Monte Foods.

Share + Dec 24, 2009 8:31 pm US/Pacific Generous CBS 5 viewers, cbs5.com users, and community sponsors sent a new record this year, giving $637,180 toA food banks around the Bay AreaA for the 7th annual Food for Bay Area Families drive.

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Net income climbed 24 percent to $62.6 million, or 31 cents, from $50.4 million, or 25 cents, a year ago, the San Francisco-based company said today in a statement.

Del Monte Foods reported improved earnings and watched its stock sell off anyway.

Del Monte Foods Co., the maker of canned fruit and Meow Mix cat food, raised its profit forecast and posted second-quarter earnings that beat analysts' estimates.

The Stop&Shop Supermarket Co. and Giant Food chains both removed College Inn No MSG Chicken Broth from their stores this weekend, following a nationwide voluntary recall by the product's maker, Del Monte Foods Co.

Del Monte Food's stellar second-quarter earnings has led a leading analyst to raise its price target and maintain an overweight view of the stock.

Del Monte Foods is an under the radar stock for many investors, but the underlying value of a well run company is hard to deny.

In looking at Del Monte Foods recent earnings release , one can start to see the coming economic landscape in perspective.

Stocks meandered in sluggish activity, although a 0.38 point gain was good enough for a fresh 2009 high in the S&P 500 .

Del Monte Foods Co. , the maker of canned fruit and Meow Mix cat food, raised its profit forecast and posted second-quarter earnings that beat analystsa estimates after increases in prices and the amount of vegetables sold.

U.S. stock futures rose on Thursday as markets interpreted news that Bank of America is repaying the government $45 billion as a sign that economic conditions are improving.

Among the shares expected to see active trade in Thursday's session are those of Marvell Technology Group Ltd., Toll Brothers Inc., Del Monte Foods Co.

Law firms hoping to snag Del Monte's legal business are facing added scrutiny these days.

No more StarKist for me...... Take your products and stick'em! SNOPES" VALIDATES THE FACTS BELOW Speaker of the House Nancy Pelosi's home district includes San Francisco.

The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors.

Its long-term average is below 15. Next year, analysts expect earnings underlying the S&P 500 to climb 33%. If they're right, stocks today are reasonably priced.