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.
Fool contributor Tamara Rutter owns shares of Zynga and Procter & Gamble. Follow her on Twitter using the handle @TamaraRutter for daily roundup coverage and other Foolish insights. Motley Fool newsletter services have recommended buying shares of Procter & Gamble. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.