Thursday, September 6, 2012

Chart of the Day - McCormick & Company (MKC)

The "Chart of the Day" is McCormick & Company (MKC), which showed up on Tuesday's Barchart "All-Time High" list. McCormick on Tuesday posted a new all-time high of $62.40 and closed +1.42%. TrendSpotter has been long since June 18 at $58.35. In recent news on the stock, McCormick on Aug 20 announced an agreement to acquire Wuhan Asia-Pacific Condiments to expand its presence in Asia. McCormick & Company, with a market cap of $8 billion, is a diversified specialty food company that manufactures and sells spices, herbs, seasonings, flavorings and other specialty food products.

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