One public company based in Greater Baltimore raised its stock price during a tumultuous first quarter for the financial markets. Baltimore-based Legg Mason Inc. saw its stock price increase 35% to $48.

The rating also further reflects McCormick's moderate size compared to other investment grade food companies and moderate financial leverage. Moody's regards the coronavirus outbreak as a social risk under our ESG framework, given the substantial credit implications of public health and safety.

These stocks have gained more than 20% over a 30-day period Continue reading...

It took a pandemic to turn sleepy packaged-foods shares into growth stocks. Why Campbell Soup, Conagra, and other big food suppliers could have more gains in store.

The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared a quarterly dividend of $0.62 per share on its common stocks, payable April 27, 2020 to shareholders of record April 13, 2020. McCormick's current annualized dividend rate of $2.48 per share represents an increase of 9% over the annual dividend of $2.28 per share paid in fiscal year 2019.

McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, has committed over $1 million to supporting food banks in nearly 20 countries where they operate, as well as local restaurants and hospitality workers amid the COVID-19 pandemic. The company has also called upon the community and other organizations to join them in providing critical financial assistance.

During Friday's Mad Money program Jim Cramer talked about investing and that, sometimes you have to take the good with the bad. Cramer went on to say that the only winner among the "good-and-bad" stocks was spice maker McCormick & Co. , which announced that it's losing business as restaurants close, but gaining it back in spades as consumers do a lot more cooking at home and require more spices and hot sauce. In the daily bar chart of MKC, below, we can see that prices made their nadir around the middle of March along with the movement in the broader market.

Our six picks of high-return, steadily-growing, customer-winning businesses in one of the least disruptive spaces Continue reading...

Q1 2020 McCormick & Company Inc Earnings Call

McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, announced Logan Welsh and Grant Carey as the 84th and 85th recipients of the Charles Perry McCormick Scholarship, worth $40,000 over four years. To date, the company has awarded over $1.8 Million in scholarships to deserving student athletes.

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

McCormick Chairman and CEO Lawrence Kurzius says sales for spices and hot sauce are on fire now.

Hostess Brands CEO Andy Callahan tells Yahoo Finance people continue to fill their pantries with donuts and Twinkies amidst the COVID-19 pandemic.

McCormick's (MKC) fiscal first-quarter 2020 results reflect soft earnings. Also, the COVID-19 outbreak in China reduced the company's sales growth in the quarter.

McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, was recognized on DiversityInc's 2020 Top 50 list of Companies for Diversity for the fourth year in a row. McCormick placed 44th overall in this year's ranking. This award is the result of a highly competitive survey conducted by DiversityInc, which highlights successes and best practices that promote the growth and advancement of underrepresented groups in the workplace.

McCormick Chairman and CEO Lawrence Kurzius joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Heidi Chung to discuss how McCormick is faring amid the coronavirus outbreak and its impact on the food supply chain.

McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that its 80th annual McCormick Unsung Heroes Awards Ceremony will now be held as a virtual event on Monday, May 11, 2020. To date, the company has awarded more than $1.8 million in scholarships to student athletes.

Their earnings per share growth rate topped the S&P; 500 over the past five years Continue reading...

McCormick says people are buying their vanilla, bone broth and turmeric. What must-haves did you pick up at the store ahead of lockdown?

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of McCormick & Company, Incorporated and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.