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Deutsche Bank Reiterates Hold on Dean Foods, Reduces PT to $11
Friday, August 5, 2011 - 8:23am | 48Deutsche Bank reiterated its Hold rating on Dean Foods (NYSE: DF). At the same time, the rating agency reduced its price target on the company's stock from $12 to $11. On Thursday, DF lost 11.03% of its value to finish the day at $9.20.
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PriceSmart July Comparable Warehouse Sales up 20.9%
Friday, August 5, 2011 - 8:01am | 124PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of July 2011, net warehouse club sales increased 23.8% to $149.8 million, from $121.0 million in July a year earlier. For the eleven months ended July 31, 2011, net warehouse club sales increased 22.8% to $1,526.9 million from $1,...
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News Summary for August 5, 2011
Friday, August 5, 2011 - 7:49am | 555This is your Benzinga news summary and traders' outlook for Friday, August 5, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are set for another weak morning as traders wait for the jobs report. At last check, Dow...
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A Peek Into The Market Before The Trading Starts
Friday, August 5, 2011 - 7:27am | 404Pre-open movers US stock futures are lower this morning, as investors are awaiting employment data. Futures for the Dow Jones Industrial Average dipped 35 points to 11,336.00 and S&P 500 index futures fell 2.20 points to 1,196.50. Nasdaq 100 futures dropped 7.50 points to 2,202.00. A Peek...
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UPDATE: Proctor & Gamble Reports 15% Surge In FQ4 Earnings
Friday, August 5, 2011 - 7:22am | 88Proctor & Gamble Co (NYSE: PG) reported a 15% rise in its FQ4 earnings. PG reported its quarterly earnings at $2.51 billion, or $0.84 per share, up from $2.19 billion, or $0.71 per share, in the year-earlier period. Its revenue climbed 10% y/y to $20.86 billion from $18.93 billion. However,...
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Deutsche Bank Lowers PT on Dean Foods To $11
Friday, August 5, 2011 - 7:06am | 27Deutsche Bank has lowered the price target on Dean Foods (NYSE: DF) from $12 to $11 and maintains its Hold rating.
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Piper Jaffray Lowers PT on FACE To $4
Friday, August 5, 2011 - 6:46am | 27Piper Jaffray has lowered the price target on Physicians Formula (NASDAQ: FACE) from $5 to $4 and maintains its Neutral rating.
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US Stock Futures Down; Payrolls Data In Focus
Friday, August 5, 2011 - 5:48am | 482US stock futures are lower this morning, as investors are awaiting employment data. Futures for the Dow Jones Industrial Average dipped 46 points to 11,325.00 and S&P 500 index futures fell 3.60 points to 1,195.10. Nasdaq 100 futures dropped 7.00 points to 2,202.50. US stocks closed lower on...
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Earnings Scheduled For August 5
Friday, August 5, 2011 - 3:58am | 457Weight Watchers International Inc (NYSE: WTW) is expected to report its Q2 EPS at $1.12 on revenue of $470.16 million. Procter & Gamble Company (The) (NYSE: PG) is projected to report its FQ4 earnings at 0.82 per share on revenue of $20.63 billion. The AES Corporation (NYSE: AES) is...
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Stocks To Watch For August 5
Friday, August 5, 2011 - 2:49am | 250Some of the stocks that may grab investor focus today are: Wall Street expect Viacom Inc (NYSE: VIA) to report its FQ3 EPS at $0.86 on revenue of $3.52 billion. Viacom shares dropped 0.43% to $51.24 in after-hours trading. Priceline.com (NASDAQ: PCLN) reported its Q2 profit at $256.4 million, or...
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Fast Money Picks For August 5th (PBR, SPY, MO, EMC)
Thursday, August 4, 2011 - 7:07pm | 182CNBC Fast Money's Tim Seymour said on the show that he would buy Petroleo Brasileiro SA (ADR) (NYSE: PBR) tomorrow. Petroleo Brasileiro SA (ADR) (PBR) fell 7.73% today, and closed at $29.88. Guy Adami thinks that the S&P 500 Index will hold 1,180 and bounce tomorrow. SPDR S&P 500 ETF (NYSE...
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J.P. Morgan Reiterates Dean Foods Neutral, Lowers PT
Thursday, August 4, 2011 - 3:55pm | 108J.P. Morgan reiterated its Dean Foods (NYSE: DF) Neutral rating, and lowered its Dean Foods price target from $13 to $11 in a research report published today. In the report, J.P. Morgan states, "Given the heavy selling in DF shares of late, we are tempted to become more positive in the short term...
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Zings Of The Day, August 4, 2011
Thursday, August 4, 2011 - 3:43pm | 106Dendreon (NASDAQ: DNDN) reported weaker than expected earnings yesterday, and removed its guidance for its prostate cancer drug Provenge. Shares fell nearly 70% today, amidst a broader market sell off. Just a little bit of a correction, ya think? Kraft (NYSE: KFT) announced this morning that it...
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Pressure 08-04-2011
Thursday, August 4, 2011 - 3:38pm | 989Cusick's Corner Nowhere to hide -- except in Bonds and Gold. This is a large global distribution and I did not expect this kind of action, there is very little to get excited about today. The action has kicked longs out with stops and earnings and data at this stage is not going to move this train...
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The Second Richest Man In The World Can't Get Any Help
Thursday, August 4, 2011 - 2:32pm | 612Everyone says it pays to be rich. Well how about if you're the second richest man in the world? I guess not, according to this Bloomberg article. Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) does not have a single buy rating on shares, despite being the cheapest it has been since the...