-
CVS Caremark Corporation Announces New Share Repurchase Authorization for up to $4 Billion of Common Stock
Wednesday, August 24, 2011 - 7:45am | 115CVS Caremark Corporation (NYSE: CVS) today announced that its board of directors has approved a new share repurchase program for up to $4.0 billion of the company's outstanding common stock. The share repurchase authorization, which is effective immediately, permits the company to effect the...
-
Unilever to Sell the Alberto VO5 Brand in the United States and Puerto Rico and the Rave Brand Globally to Brynwood Partners
Wednesday, August 24, 2011 - 7:31am | 106Unilever (NYSE: UL) announced today that it has reached an agreement to sell the Alberto VO5 brand in the United States and Puerto Rico from the Alberto Culver portfolio and the Rave brand globally from the Unilever portfolio to private equity firm Brynwood Partners VI L.P. The deal is subject to...
-
UPDATE: J.P. Morgan Lowering Price Target On H.J. Heinz
Wednesday, August 24, 2011 - 7:05am | 120J.P.Morgan Chase & Co. is out with a research report on H.J. Heinz Co. (NYSE: HNZ) after it reported earnings, and is lowering its price target to $57 from $60, but is keeping its Overweight rating. In a note to clients, J.P.Morgan Chase & Co. writes, "Heinz yesterday reported adjusted...
-
J.P. Morgan Overweight On Hain Celestial Group
Wednesday, August 24, 2011 - 6:55am | 120J.P. Morgan Chase & Co. is out with a research report on Hain Celestial Group (NASDAQ: HAIN) and it has an Overweight rating and a $39 price target after it reported earnings. In a note to clients, J.P. Morgan Chase & Co. writes, "Hain Celestial yesterday reported adjusted earnings per...
-
UPDATE: Piper Jaffray Lowers PT on Hain Celestial Group from $32 to $31
Wednesday, August 24, 2011 - 6:03am | 95Piper Jaffray has published a research report on Hain Celestial Group (NASDAQ: HAIN). In the report, Piper Jaffray wrote, "HAIN announced FQ4 earnings yesterday morning, beating our EPS estimate of $0.32/share by $0.03. The upside to our model was primarily driven by much better than expected top...
-
Jefferies Reviews 4Q at Hain Celestial
Wednesday, August 24, 2011 - 5:52am | 105Jefferies has published a research report on Hain Celestial (NASDAQ: HAIN), shifting EPS estimates slightly. In the report, Jefferies wrote, "HAIN surpassed expectations in 4Q, delivering very strong top-line growth and improved profitability despite increased input-cost headwinds. The company's...
-
Morgan Stanley Initiates Dr. Pepper Snapple At Equal-weight
Wednesday, August 24, 2011 - 5:32am | 23Morgan Stanley has initiated coverage on Dr. Pepper Snapple (NYSE: DPS) with an Equal-weight rating.
-
Morgan Stanley Initiates Cott At Equal-weight
Wednesday, August 24, 2011 - 5:30am | 22Morgan Stanley has initiated coverage on Cott Corporation (NYSE: COT) with an Equal-weight rating.
-
JP Morgan Lowers PT on HJ Heinz To $57
Wednesday, August 24, 2011 - 5:26am | 28JP Morgan has lowered the price target on HJ Heinz Company (NYSE: HNZ) from $60 to $57 and maintains its Overweight rating.
-
Piper Jaffray Lowers PT On Hain Celestial Group To $31
Wednesday, August 24, 2011 - 5:03am | 28Piper Jaffray has lowered the price target on Hain Celestial Group (NASDAQ: HAIN) from $32 to $31 and maintains its Neutral rating.
-
Benzinga's Top ETF Decliners, August 23rd (SOXS, ERY, FSG, SQQQ)
Tuesday, August 23, 2011 - 6:29pm | 195Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) led the decliners among the ETFs on Tuesday, with a 15.59% loss. SOXS closed at $90.25, and it had a volume of 90K traded shares. Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) fell 13.70%, and closed at $18.45. In the energy space,...
-
Benzinga's Top ETF Gainers, August 23rd (SOXL, TNA, ERX, TQQQ)
Tuesday, August 23, 2011 - 6:10pm | 179Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) traded 15.30% higher on Tuesday as NVIDIA Corporation (NASDAQ: NVDA) spiked 10.80%, and Advanced Micro Devices, Inc. (NYSE: AMD) gained 7.44%. Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) traded higher today, along with the...
-
The Hain Celestial Group Trades Lower on Q4 Earnings Results
Tuesday, August 23, 2011 - 3:56pm | 181Shares of The Hain Celestial Group (NASDAQ: HAIN) are trading lower in the after-hours following the release of the company's Q4 earnings results. Currently, shares are lower by 1.20%, trading at $30.49; they ended the regular session higher by 8.85%, at $30.86. The Hain Celestial Group reported...
-
Sysco Corporation Recommends Rejection of Mini-Tender Offer by TRC Capital Corporation
Tuesday, August 23, 2011 - 3:30pm | 174Sysco Corporation (NYSE: SYY) has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation of Ontario, Canada, to purchase up to 3.5 million shares, or approximately 0.6 percent of the outstanding Sysco shares, at a price of $26.65 per share. TRC's offer represents a 4.41...
-
New Partnership Bolsters Reliv's Access to Plant Biotech Research
Tuesday, August 23, 2011 - 3:17pm | 45Reliv International, Inc. (NASDAQ: RELV), Soy Labs LLC and the Missouri Plant Science Center today announced a new joint research and development partnership that will give Reliv greater access to the latest soy and plant biotechnology research.