pet food

KKR Reportedly Makes Bid for Del Monte

Private equity fund Kohlberg Kravis Roberts & Co. is in talks to buy Del Monte Foods Co., (DLM) Reuters reported. KKR made an offer worth $18.50 a share for Del Monte, Reuters reported without naming its sources. That would value Del Monte, which makes canned food and pet food, at about $3.58 billion.

PetSmart Could Make You a Wise Investor

If you have a pet, chances are you know PetSmart (PETM) well enough. If not, you should at least be aware of its stock, which has outsmarted the market so far this year. Shares of the largest provider in North America of almost every product and services that pets need to live -- or luxuriate -- have skyrocketed 45% this year, to $27 from a 52-week low of $15 on Dec. 15, 2008.