J.M. Smucker (SJM) hires Goldman Sachs for portfolio review, Axios reports

J.M.

Newsquawk StaffPublished 7 May 2026, 19:20 UTCOn the live feed at 19:00 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

19:07

US President Trump says a promise was made that the EU would deliver their side of the deal and, as per agreement, cut their tariffs to zero; however, the EU has until the July 4th, or tariffs would immediately jump to higher levels

19:03

Member of the Iran's Parliament's National Security Commission says in my opinion, Iran's security equation regarding the Iraqi Kurdistan Region will also include the UAE, Fars reports

19:00

J.M. Smucker (SJM) hires Goldman Sachs for portfolio review, Axios reports

18:55

Tasnim reports that some sources say that some of these sounds are related to IRGC naval operations to warn some ships about unauthorized passage through the Strait of Hormuz

18:52

Chinese officials say they want a resolution to the Iran war before Trump’s trip to Beijing next week, Bloomberg repoRts

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

Smucker's decision to hire Goldman Sachs for a portfolio review suggests the company may be positioning itself for strategic changes, potentially involving asset divestitures or acquisitions. This move could signal a reevaluation of their business operations and might impact investor sentiment as they seek to optimize value and align with market trends in the packaged foods sector.

Equities · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

EQUITIES/26 Aug · 12:56 UTC

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

Market, after we published+2.6%

EQUITIES/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Equity indices, after we published−0.1%

EQUITIES/7 Sept · 09:15 UTC

Volkswagen (VOW3 GY) says that the Co., Lower Saxony and Aurelius Capital have agreed on key terms for the sale of Osnabrueck Plant; aims to secure the site and majority of jobs in the long term.

Market, after we published+1.6%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.