At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:
- Diamond Foods
(Nasdaq: DMND)lost its chance to buy Procter & Gamble's (NYSE: PG)Pringles business. Kellogg (NYSE: K)agreed to buy the Pringles brand from P&G for $2.7 billion.
(Nasdaq: ZNGA)reported its first earnings since going public. While the game maker posted a loss for the quarter, I believe the company's strong position within the social gaming space should help Zynga outperform the market in the long run. For that reason, I'm giving the stock a thumbs-up CAPScall on my account on Motley Fool CAPS.
(NYSE: DE)beat estimates and reported a profit for its first quarter, as higher income for farmers led to more investments in farming equipment like Deere's signature green and yellow machines.