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SWK Initiated With Outperform At Credit Suisse
Friday, March 26, 2010 - 9:00am | 50Analysts at Credit Suisse initiate coverage of Stanley Black & Decker (NYSE: SWK) with an "outperform" rating. The target price for SWK is set to $69. SWK’s shares closed at $57.92 yesterday. More Analyst Ratings here
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Company News for March 24, 2010 - Corporate Summary
Wednesday, March 24, 2010 - 8:45am | 228• General Mills (NYSE:GIS) posted better than expected earnings on inline revenues. Fiscal third quarter earnings of 97 cents beat Zacks estimates by 4 cents versus 79 cents a year earlier, on inline revenues of $3.63 billion. The company said it sees full-year earnings of $4.57 to $4.59 per share...
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Cramer's Lightning Round OT Picks (GSH, LVS, WYNN, HELE, EL)
Tuesday, March 23, 2010 - 8:28pm | 192Jim Cramer said on CNBC Mad Money's Lightning Round OT that he doesn't like Guangshen Railway Co. Ltd (ADR) (NYSE: GSH) one bit. This is a typical Chinese stock and we know very little about it, says Cramer. Guangshen (GSH) fell 0.59% today and closed at $20.16. Cramer prefers Wynn Resorts, Limited...
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Volume Talks Wednesday March 10: Two Option Ideas on One Hot Stock
Thursday, March 11, 2010 - 9:32am | 3236Today I am going to introduce my new breakout report which will also include stocks which traded the session lower on heavier volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you...
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Benzinga’s Top Downgrades (LCAV, MDVN, VISN, HELE, LCC)
Wednesday, March 3, 2010 - 1:27pm | 262LCA-Vision Inc (NASDAQ: LCAV) was downgraded by Maxim Group from “hold” to “sell.” LCAV’s shares slipped 9.87% to $7.65 by 11:59 a.m. LCAV’s trailing-twelve-month return on equity stands at -49.61%. Read more about this company here. Roth Capital downgraded Medivation Inc (NASDAQ: MDVN) from “buy...
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Dr Pepper Snapple Group (DPS) Hires New CFO
Tuesday, February 16, 2010 - 6:30pm | 90Dr Pepper Snapple Group, Inc (NYSE: DPS) announced late Tuesday that Martin M. Ellen will become the beverage company's Chief Financial Officer and Executive Vice President Mr. Ellen comes to Dr Pepper Snapple Group after nearly 8 years serving as the Senior Vice President of Finance and Chief...
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Benzinga’s Top Pre-Market Gainers (SKIL, MKTAY, CRIS, RIMM)
Friday, February 12, 2010 - 8:33am | 262SkillSoft Public Limited Company (NASDAQ: SKIL) increased 10.55% to $10.79 in the pre-market session. SkillSoft announced today that it has reached agreement on the terms of a recommended acquisition of the Company by a new company formed by funds sponsored by each of Berkshire Partners LLC, Advent...
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Market Roundup (FE, AYE, WHR, FRE, FNM, TM, F)
Thursday, February 11, 2010 - 2:23pm | 278The market's reaction to the $4.7 billion acquisition of Allegheny Energy (NYSE: AYE) by FirstEnergy (NYSE: FE) seems lackluster. AYE has risen just 10.9% to $23.31 on FE's takeover offer of $27.65 per share. Analysts are questioning the timing of the deal and expect FE to face regulatory hurdles...
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Benzinga’s Top Pre-Market Gainers (SNA, BKC, HDNG, AFFX, CYCC, KLIC, ENTG)
Thursday, February 4, 2010 - 8:32am | 516Snap-on Incorporated (NYSE: SNA) increased 4.82% to $45 in the pre-market session. Snap-on Incorporated reported today a fourth-quarter net earnings of $36.6 million, or $0.63 per share, as compared to $58.6 million, or $1.01 per share, in the year-ago period. Net sales declined to $618.1 million...
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Shares of Black & Decker Corporation (BDK) Surge
Wednesday, February 3, 2010 - 12:36pm | 131Shares of the Black & Decker Corporation (NYSE: BDK) surged more than 5% after the company released an earnings report that was better than analysts had expected. Black & Decker Corporation reported earnings of $34 million, or 55 cents per share, down from $44 million, or 72 cents per share...
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Stock Market News for February 3, 2010 - Market News
Wednesday, February 3, 2010 - 9:15am | 394Stocks started on a sluggish note but ended the session sharply higher as better-than-expected earnings reports and upbeat economic data helped calm lingering worries about the economy. Nevertheless, broader concerns regarding Obama's spending plans and banking reform intentions, Beijing's move to...
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Benzinga’s Earnings Roundup (WWW, TMO, TWX, IP, AOL, PFE, ITT, BDK)
Wednesday, February 3, 2010 - 8:07am | 654Wolverine World Wide, Inc. (NYSE: WWW) reported today a fourth-quarter net profit of $16.7 million, or $0.33 per share, as compared to $24.1 million, or $0.49 per share, for the same quarter last year. Revenue declined 9.7% to $312.5 million for the quarter. Analysts had expected Wolverine World...
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BDK Beats Q4 Consensus
Wednesday, February 3, 2010 - 8:01am | 158Black & Decker (NYSE: BDK) reported its Q4 EPS at $1.24, excluding expenses related to the proposed merger with The Stanley Works. Earnings handily beat the consensus expectation of $0.77. BDK’s revenues for the quarter came at $1.3 billion, as compared to the Street view of $1.2 billion. BDK...
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Earnings Round-Up for Companies Reporting Before The Bell on February 3 (BDK, CSL, PFE, CMCSA, ENB, HNI, ITT, IP, LAZ, RL, TWX, UMC)
Wednesday, February 3, 2010 - 4:44am | 457Black & Decker (NYSE: BDK): The power tools manufacturer is seen posting $0.76 in EPS on revenues of $1.2 billion. The consensus represents a year-over-year decline in earnings and revenues. Carlisle Companies (NYSE: CSL): Wall Street expects the construction materials manufacturer to earn $0....
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Company News for February 2, 2010 - Corporate Summary
Tuesday, February 2, 2010 - 9:30am | 309• Bank of America (NYSE:BA) upgraded ExxonMobil (NYSE:XOM) to "buy" from "neutral," with a price target of $82. • Bernstein initiated coverage of Visa (NYSE:V) and MasterCard (NYSE:MA), both with "outperform" ratings, and price targets of $104 and $325, respectively. • • Citigroup (NYSE:C)...