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American Greetings Expects FY 2012 Revenue to Grow 5%
Wednesday, June 29, 2011 - 6:34am | 86For fiscal 2012, American Greetings Corporation (NYSE: AM) expects revenue to grow approximately 5% compared to fiscal 2011. The Company expects cash flow from operating activities to fall within the range of $125 million to $145 million and capital expenditures between $45 million and $50 million...
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US Stock Futures Up; All Eyes On Greek Vote, Home Sales Data
Wednesday, June 29, 2011 - 5:16am | 397US stock futures are higher this morning, as investors are awaiting results from General Mills (NYSE: GIS) and home-sales data. The Greek parliament is scheduled to vote on the austerity measures. Futures on the Dow Jones Industrial Average surged 19 points to 12,160.00 and futures on the S&P...
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Earnings Scheduled For June 29
Tuesday, June 28, 2011 - 11:49pm | 304Family Dollar Stores Inc (NYSE: FDO) is projected to post its Q3 earnings at $0.95 per share on revenue of $2.17 billion. Acuity Brands Inc (NYSE: AYI) is estimated to report its Q3 EPS at $0.63 on revenue of $447.59 million. General Mills (NYSE: GIS) is expected to report its Q4 EPS at $0.52 on...
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Stocks To Watch For June 29
Tuesday, June 28, 2011 - 11:38pm | 292Some of the stocks that may grab investor focus today are: Wall Street expects Monsanto Co (NYSE: MON) to report its Q3 EPS at $1.11 on revenue of $3.38 billion. MON shares rose 0.88% to $67.49 in the after-hours trading session. Dell Inc (NASDAQ: DELL) announced its plans to repurchase more than...
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Benzinga's After Hours Gainers
Tuesday, June 28, 2011 - 4:53pm | 165Among the stocks that are moving higher in the after hours session on Tuesday are Sealy Corp. (NYSE: ZZ), Bank of America (NYSE: BAC), Celanese Corp. (NYSE: CE) and Janus Capital Group (NYSE: JNS), Cirrus Logic (NASDAQ: CRUS), and Glu Mobile (NASDAQ: GLUU). Sealy (ZZ) has jumped 6.40% to $2.66...
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Sealy Soars On Second Quarter Earnings Results
Tuesday, June 28, 2011 - 3:29pm | 130Sealy Corp. (NYSE: ZZ) released its second quarter earnings results after the closing bell. The company reported a net loss of $0.4 million or breakeven per share, compared to a profit of $0.8 million or $0.02 per share, in the year-ago period. Adjusted net income for the quarter was $0.8 million...
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Market Roundup
Tuesday, June 28, 2011 - 9:56am | 238Shares of Nike Inc (NYSE: NKE) gained about 7.2% after the company reported a 14% rise in its fourth-quarter profit. Nike reported its quarterly earnings at $594 million, or $1.24 per share, up from $522 million, or $1.06 per share, in the year-ago quarter. Its revenue surged 14% to $5.77 billion....
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Companies Presenting Today at Oppenheimers Consumer Conference
Tuesday, June 28, 2011 - 7:40am | 384Today in Boston, several companies will be presenting at Oppenheimer's 11th Annual Consumer Conference at the Four Seasons Hotel. Below is a schedule of publicly-traded companies and their presentation times: 9:30am: Six Flags (NYSE: SIX) TJX Companies (NYSE: TJX) 10:05am: Pool Corp (NYSE: POOL)...
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News Summary for June 28, 2011
Tuesday, June 28, 2011 - 6:56am | 358This is your Benzinga news summary and traders' outlook for Tuesday, June 28, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading slightly lower after posting gains yesterday. The U.S. dollar is trading...
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US Stock Futures Slightly Down; All Eyes On Greece
Tuesday, June 28, 2011 - 5:15am | 363US stock futures are slightly lower this morning. Greek Parliament is scheduled to vote Wednesday on the EUR28.4 billion, five-year austerity package. Futures on the Dow Jones Industrial Average dropped 13 points to 11,977.00 and futures on the S&P 500 stock index fell 1.80 points to 1,274.50....
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Earnings Scheduled For June 28
Tuesday, June 28, 2011 - 12:08am | 147Shaw Group Inc (NYSE: SHAW) is projected to post its FQ3 EPS at $0.68 on revenue of $1.69 billion. Progress Software Corporation (NASDAQ: PRGS) is estimated to report its FQ2 EPS at $0.38 on revenue of $134.08 million. Sealy Corporation (NYSE: ZZ) is projected to report its Q2 EPS at $0.00 on...
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Top 4 Small-Cap Stocks In The Home Furnishings & Fixtures Industry With The Highest Cash
Tuesday, June 28, 2011 - 12:07am | 134Below are the top small-cap home furnishings & fixtures stocks on the NYSE and the NASDAQ in terms of cash. Natuzzi SpA (NYSE: NTZ) had $135.08 million in total cash and $28.80 million in total debt for the latest quarter. La-Z-Boy Incorporated (NYSE: LZB) had $115.26 million in total cash...
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Stocks To Watch For June 28
Monday, June 27, 2011 - 11:58pm | 233Some of the stocks that may grab investor focus today are: Nike Inc (NYSE: NKE) reported a 14% rise in its fourth-quarter profit. Nike reported its quarterly earnings at $594 million, or $1.24 per share, up from $522 million, or $1.06 per share, in the year-ago quarter. Its revenue surged 14% to $...
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Bank of America Merrill Lynch Maintains Buy on Fortune Brands
Monday, June 27, 2011 - 7:35am | 123Bank of America Merrill Lynch is out with its report today on Fortune Brands (NYSE: FO), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "While the housing and home-related product markets have been challenging, we are encouraged by what appears to be near bottoming...
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American Greetings Announces Quarterly Dividend of $0.15/sh
Friday, June 24, 2011 - 3:07pm | 39American Greetings Corporation (NYSE: AM) today announced a quarterly cash dividend of 15 cents per share to be paid on July 25, 2011 to shareholders of record at the close of business on July 13, 2011.