Gerber baby food stock

NYSE, GRB End of Day and Historical Stock Data [Gerber Scientific Inc.]

GRB

Gerber Scientific

08/22/2011

LAST: 11.01	CHANGE: 0.01	OPEN: 11.05	HIGH: 11.05	ASK: 9.90	VOLUME: 2,469,900
LAST: 11.01	CHANGE(%): 0.09	PREV: 11.00	LOW: 11.00	BID: 3.19	OPEN INT: 0

Period:

End of Day1 Minute5 Minute10 Minute15 Minute30 MinuteHourlyWeeklyMonthlyYearly

RECENT END OF DAY PRICES

Date	Open	High	Low	Close	Volume
08/22/11	11. 05	11.05	11.00	11.01	2,469,900
08/19/11	11.00	11.02	11.00	11.00	708,400
08/18/11	10.86	11.01	10.81	10.97	369,900
08/17/11	10.99	11.01	10.81	10.98	248,800
08/16/11	10.97	11.02	10.96	10.97	159,600
08/15/11	11.05	11.05	10. 96	11.02	134,200
08/12/11	10.93	10.97	10.91	10.97	171,300
08/11/11	10.90	10.95	10.87	10.91	315,900
08/10/11	10.91	10.97	10.80	10.90	419,300
08/09/11	11.03	11.03	10.79	10.98	990,200

COMPANY PROFILE

NYSE, GRB - Gerber Scientific Inc.

Gerber Scientific, Inc. and its subsidiaries are hereafter collectively referred to as the "Company" or the "Registrant." Overview Gerber Scientific, Inc. was incorporated in Connecticut in 1948. The Company is a leading worldwide provider of equipment, software and related services in the sign making and specialty graphics, apparel and flexible materials and ophthalmic lens processing industries. The Company conducts business through three principal operating segments. These operating segments, the principal businesses within those segments and revenue by operating segment are as follows: Operating Segment Principal Business Revenue Percent of Total (in millions) Revenue Sign Making and Specialty Gerber Scientific Products $302 53% Graphics and Spandex Apparel and Flexible Gerber Technology . ..

Read SEC Filing on NASDAQ.com »

FUNDAMENTALS

Sector:	Technology
Industry:	Industrial Machinery/Components
P/E Ratio:	N/A
PEG Ratio:	1.24
EPS:	N/A
DivYield:	N/A
PtB:	1.86
PtS:	0.6
EBITDA:	16.10M
Shares:	25.09M
Market Cap:	276.25M
52wk range:	5.55 - 11.27

DOWNLOAD DATA

Download stock quote history quickly and easily in a variety of formats to suit your needs.

Exchange:

American Stock ExchangeAustralian Securities ExchangeChicago Futures ExchangeEUREX Futures ExchangeForeign ExchangeGlobal IndicesHong Kong Stock ExchangeKansas City Board of TradeLIFFE Futures and OptionsLondon Stock ExchangeMinneapolis Grain ExchangeMutual FundsNASDAQ Stock ExchangeNew York Board of TradeNew York Stock ExchangeOTC Bulletin BoardSingapore Stock ExchangeToronto Stock ExchangeToronto Venture ExchangeWinnipeg Commodity Exchange

Format:	3F VIP TradingAdvanced Get ASCIIAGet ASCIIAIQ Trading Expert ProAmi BrokerAmi Broker with NamesAndromedaASCII (Intraday)EzyChartsFChartsFCharts (Intraday)MetaStock ASCII (7 column)MetaStock ASCII (8 column)Metastock ASCII (Intraday)MetaStock ASCII with NamesPersonal Stock StreamerQuickenSpiffyChartsSpreadsheet (eg: Excel)Standard CSVStock Screener ProSuperCharts ASCIIWal Data PlatinumWindows on Wallstreet
Period:	End of Day1 Minute Bars5 Minute Bars10 Minute Bars15 Minute Bars30 Minute Bars60 Minute Bars
	Zip file

Symbol:
Start Date:

End Date:

OPTIONS DATA DOWNLOAD

Download US Equity option chain data.

Options:

All OptionsAMEX OptionsNASDAQ OptionsNYSE Options

Format:

3F VIP TradingAdvanced Get ASCIIAGet ASCIIAIQ Trading Expert ProAmi BrokerAmi Broker with NamesAndromedaASCII (Intraday)EzyChartsFChartsFCharts (Intraday)MetaStock ASCII (7 column)MetaStock ASCII (8 column)Metastock ASCII (Intraday)MetaStock ASCII with NamesPersonal Stock StreamerQuickenSpiffyChartsSpreadsheet (eg: Excel)Standard CSVStock Screener ProSuperCharts ASCIIWal Data PlatinumWindows on Wallstreet

Zip file

Date:

DOWNLOAD HISTORICAL DATA

Please select the Exchange and Format:

Exchange:	American Stock ExchangeAustralian Securities ExchangeChicago Futures ExchangeEUREX Futures ExchangeForeign ExchangeGlobal IndicesHong Kong Stock ExchangeKansas City Board of TradeLIFFE Futures and OptionsLondon Stock ExchangeMinneapolis Grain ExchangeMutual FundsNASDAQ Stock ExchangeNew York Board of TradeNew York Stock ExchangeOTC Bulletin BoardSingapore Stock ExchangeToronto Stock ExchangeToronto Venture ExchangeWinnipeg Commodity Exchange
Format:	3F VIP TradingAdvanced Get ASCIIAGet ASCIIAIQ Trading Expert ProAmi BrokerAmi Broker with NamesAndromedaASCII (Intraday)EzyChartsFChartsFCharts (Intraday)MetaStock ASCII (7 column)MetaStock ASCII (8 column)Metastock ASCII (Intraday)MetaStock ASCII with NamesPersonal Stock StreamerQuickenSpiffyChartsSpreadsheet (eg: Excel)Standard CSVStock Screener ProSuperCharts ASCIIWal Data PlatinumWindows on Wallstreet

MEMBER LOGIN

Email/Username:

Password:

Remember Me


Register	Forgot

Add to Watchlist

GLOBAL INDICES

Code	Last	Change
COMP	11,824	37	0. 31
DJI	32,238	132	0.41
SP500	3,971	22	0.56
DAX	14,957	-253	1.66
FTSE	7,488	-5	0.07
NI225	21,848	12	0.06
CAC40	5,354	41	0.76
GLD	1,783	0	0.00
BDI	1,200	49	4.26
HSI	19,916	-134	0.67

Not for Sale, Gerber Says, as Rumors of Takeover Boost Stock

Gerber Products’ stock, buoyed all summer by persistent takeover rumors, advanced strongly again on Wednesday as speculation intensified that a major food processor might launch a bid for the world’s largest producer of baby foods.

In trading on the New York Stock Exchange, Gerber shares rose $5.50 to close at $61.50, far surpassing its record price of $57.625 in April, 1986. The jump in price had Wall Street buzzing with names like Quaker Oats and General Mills as possible purchasers.

However, Gerber officials reacted sharply to the reports of a possible takeover, saying the company is not for sale.

“We said in our annual meeting last week that we intend to stay independent,” said Carl G. Smith, acting chief executive of Gerber. “The company is not for sale.”

Anyone seeking to take over Gerber would have to overcome a number of anti-takeover defenses adopted by the company. Moreover, nearly 15% of Gerber is owned by insiders.

But analysts say at least half a dozen buyers might be interested in Gerber because it dominates the baby food industry, yet is a relatively small company whose performance might be improved by better management.

The list of rumored purchasers includes Quaker Oats--which owns a nearly 5% stake in Gerber, as well as General Mills, Nestle, Ralston Purina and a new company formed by Chicago-based BCI Holdings. The new company, called E-II Holdings, was set up in May to acquire food concerns that complement the giant Chicago consumer products company.

Gerber has been without a permanent chairman since May 27, when William L. McKinley, the 63-year-old chairman and chief executive, abruptly announced that he was taking early retirement. At the time, there was some talk that he was forced out by directors because of what they considered unsatisfactory performance.

The company turned to Leo D. Goulet, 61, president and chief operating officer, who had appeared in television commercials last year with his infant granddaughter to counter public fears of glass shard contamination in Gerber baby food. Goulet was named to the additional post of chief executive in May and was to assume the chairman’s post at the company’s annual meeting July 22.

However, he suffered a heart attack and died July 5 while playing golf near his home in Fremont, Mich. The company then named 66-year-old Smith, who was Gerber’s chief executive from 1983 to 1985, as acting chief executive.

Since then, takeover speculation has been fueled by a perception that the food company--without a permanent chief executive--might not be able to quickly defend itself from a hostile takeover bid.

In McKinley’s final stint at Gerber, earnings dropped 20% for the year ended March 31, largely as a result of unsubstantiated reports that glass shards were found in Gerber baby food jars. Gerber’s furniture and children’s clothing business also took a beating from imports last year, analysts said.

Sales and earnings improved, however, in the first quarter ended June 30, Gerber said, citing a 21% increase in baby food sales over the first quarter last year.

Gerber directors are scheduled to interview three candidates for the two posts this week, according to Gerber director Raymond A. Weigel. However, both Weigel and Smith declined to say how soon the posts might be filled.

Ann Turner Cook, the face of baby food manufacturer Gerber, died in the USA - RBC

adv. rbc.ru

adv.rbc.ru

Hide banners

What is your location ?

YesSelect other

Gerber by Nestlé launches plant-based baby food

USA 04/25/2022

Source: The DairyNews

ENRU

Nestlé-owned Gerber has announced the launch of a new line of carbon-neutral plant-based protein baby food called Plant-tastic, The DairyNews reports citing Foodbev.

Plant-tastic includes a selection of organic foods, snacks and meals made with plant-based, nutrient-rich ingredients. Every Plant-tastic recipe is made with legumes like chickpeas, beans and lentils.

Gerber President and CEO Tarun Malkani comments, “We hear from parents that they want a greater variety of plant-based protein products that are in line with their nutritional and environmental values. Gerber Plant-tastic offers nutrition for all stages of a child's life, from organic baby foods, snacks and meals. We are proud that the entire Plant-tastic product range is certified carbon neutral, further confirming our commitment to climate-smart nutrition.”
The range is available in retail stores throughout the United States.

Read the latest news in The DairyNews telegram channel

Ivan Sauer, General Director of the agricultural firm "Rodina"

No one will go to raise virgin soil from the city. Those who left, they left forever. I'm just scared if we do not take drastic measures, what awaits us in ten years.

Lyudmila Karnyushkina, Head of Marketing and Assortment Management Department, TS Europe

The modern buyer is very selective, he wants to have a guaranteed high quality, he prefers a fresh product - today's milk or kefir, yesterday's maximum. When choosing products, there is also another clear trend - a commitment to a local manufacturer.

Tatyana Gordeeva, Director of the Development and Sales Department of Neos-Ingredients LLC

If earlier most of the modified starches were imported from Europe, then at the time of their inclusion in the sanctions list, no one could figure out what to do next. Because, in principle, modified starches were not imported into Russia from countries other than European ones.

Andrey Dakhnovich, Chairman of the Board of Directors of the Elansky and Semikarakorsky cheese-making plants

We see that if there are no shocks in the market, then the existing trends - the growth of milk production, the weak purchasing power of the population, the virtual absence of exports of dairy products to non-CIS countries - will lead to a decrease in the purchase cost of milk.

Igor Baringolts, Chairman of the Board of Directors of RM-Agro

We are developing a project for a hay dehydration plant, which is being promoted by the Association of Hay and Feed Exporters - we see the future behind this, because high-quality hay allows us to make high-quality feed for animal health and increase milk yield. At the same time, today a ton of hay costs twice as much as a ton of grain - this is also a separate type of business.

Igor Moskovtsev, General Director of JSC "Korenovsky MKK"

The production of cheese curds is loaded at 100%. And we plan to increase production volumes, carry out reconstruction, install new equipment in order to maintain the entire range of produced curds in the right amount. This category is fresh, expiration dates are limited, so you need to produce everything at once. I think we'll manage.

Igor Eliseenko, General Director of MolSib

In milk production among farms, the process of consolidation has been going on for a long time, and nothing will change radically. Small and inefficient farms will either be sold or abandon animal husbandry in favor of crop production. As for processing, in my opinion, we should not expect a serious reduction in enterprises here. Everyone prepared for the situation in whatever way they could, huddled, found their own ways to sell products, perhaps even gray schemes.

Alexander Zernov, General Director of Pöttinger LLC

In order not to find yourself in a situation where your expansion is hindered by the level of equipment, you must take as a basis the goals that the economy sets for 3-5 years. This is the optimal horizon, taking into account the depreciation of equipment and the development of technologies. The realistic life of the equipment is 7 years, the maximum is about 10.

Elena Kruk, Head of Communications Department, JSC Zolotye Meadows

Many suppliers of packaging and spare parts for equipment have switched to prepaid relationships with manufacturers, which entails additional unforeseen costs on the part of the dairymen. We had to revise budgets in order to purchase packaging. The cost of packaging has doubled, its cost reaches 15% depending on the product.

Dmitry Mironchikov, independent dairy market consultant

Everyone has their own vision of milk prices: processors want a lower price, producers want a higher one. It's always like that. Personally, I do not see any prerequisites for a rise in prices for raw milk next year, but I do not see any reasons for a decrease either. There should be some stability in general, at least the first three quarters.

Alena Krekoten, chief technologist of Ice Plus LLP

At first, the farmers did not understand what we wanted from them at all. What kind of indicators are these: somatic cells, QMAFAnM, bacteria contamination ... But over time they got used to it, got involved. And those who do not pass in terms of quality were eliminated on their own, because they began to pay less. And for high-quality milk, on the contrary, we raised the price. And the producers have a healthy motivation. Any sane person understands: "Why "chemical" when you can make normal milk - and get a good price?"

Svetlana Kuzmicheva, Development Director, MLK Group

We do not accumulate anything in an attempt to "catch the wave" of prices. We have our own development strategy, we clearly understand that there are stock fluctuations, but keeping something in stock and then trying to sell it is not about us. In our opinion, it is not very expedient to keep money in warehouses.

Armen Khurshudyan, production director of Ice LLP

Of course, genetics plays a very important role. But genetic potential is one thing, and how it is realized is another. And it depends on how good farmers we are. The fact that we took the best genetics does not mean that the cow should give us something. If you asked me what the biggest problem of all cows is, I would say that they are farmers. We create most of the existing problems for the cows ourselves.

Gennady Zenchenko, Chairman of the Board of the Meat and Dairy Union of Kazakhstan

Who from the Ministry of Agriculture even thought - who will work? Where are the doctors in the countryside? Where is the person who will go directly to the cow? We have one farm after another "burning" from brucellosis, from foot-and-mouth disease - without having time to receive subsidies to the end.

Vladimir Labinov, Minister of Agriculture of the Republic of Karelia

Identification must be - this is an axiom that is not subject to discussion. We will try to keep up in this direction, support it in every possible way and implement it at home. In Karelia, the livestock is small, it has long been identified. We have no problems with this at the level of the republic. Another thing is how this system will work on a national scale.

Igor Eliseenko, General Director of Molsib

I do not know a single leader in the industry who would throw up their hands and say that they will not do anything else. A business can be closed, but it is almost impossible to restore it, especially for dairy farms where livestock is kept and trained personnel work.

Lyubov Guseva, Director of Liton

Now we have switched completely to Russian raw materials. We tried to level out all the shortcomings in the film, since this is a rather capricious package, with its own shortcomings, for example, when welding. We did everything to level out shortcomings in equipment, in the qualifications of personnel at dairy plants. That is, the efforts of both parties were required here, and the film also had to be slightly adapted at the dairy plant.

Olga Kosnikova, food technologist, popularizer of science

It often happens that ordinary employees, not technologists, do not have sufficient knowledge about the product, simply because their activities have a different specificity. It is also important to tell employees about what consumers may ask, what they are interested in, what the product actually consists of.

Andrea Paoletti, Export Manager Ave Technologies

In the 1990s, we visited dairies in Italy to convince them to try bottling in PET bottles - none of them used to bottle in PET, they used glass, film, cardboard. From that moment on, we began to supply them with equipment for filling milk in PET. Today in Italy we supply 80% of PET filling equipment to dairies.