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Dunkin' Donuts Has Begun Selling Green Mountain's K-Cups
Thursday, August 4, 2011 - 1:03pm | 111Vending Times reports that Dunkin' Donuts (NASDAQ: DNKN) has begun selling Green Mountain Coffee Roasters' (NASDAQ: GMCR) K-Cups. The deal was announced in February but Dunkin' Donuts did not begin selling the K-Cups until August 3rd. Numbers from the deal have not been factored into Green...
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Who Will Replace Kraft in the Dow Jones Industrial Average? -Street Insider
Thursday, August 4, 2011 - 11:31am | 111With Kraft (NYSE: KFT) splitting into two companies, it is possible it will be removed from the Dow Jones Industrial Average. Apple (NASDAQ: AAPL) is considered the favorite as the next Dow component, but other possibilities include Google (NASDAQ: GOOG), Amazon.com (NASDAQ: AMZN), Pepsi (NYSE: PEP...
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Imperial Sugar Earnings Preview: A Positive Surprise Coming?
Thursday, August 4, 2011 - 10:14am | 601Imperial Sugar (NASDAQ: IPSU) is scheduled to report its third-quarter fiscal 2011 results Friday morning, August 4. Speculation has been that positive surprises may be in store from this quarterly report and the next as the uptrend in refined sugar prices continues and production at two new...
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Colgate-Palmolive (CL): Brushing Up on a Defensive Play
Thursday, August 4, 2011 - 9:50am | 301By: Dan Passarelli Jill and Scott review the fundamentals and technicals in the consumer staples space and call out a trade in Colgate-Palmolive(CL) in the video below. Here is a smartly structured options trade for a trader who is looking to for strength in a declining market. This year CL has...
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Pre-Market Winners
Thursday, August 4, 2011 - 9:16am | 149Zipcar (NASDAQ: ZIP) is trading up over 11.50% after Q2 earnings. Delek US Holdings (NYSE: DK) is trading up over 8.18% after reporting Q2 earnings. Sourcefire (NASDAQ: FIRE) is trading up over 9.35% after reporting Q2 earnings. Andersons (NASDAQ: ANDE) is trading up over 7.10% after reporting Q2...
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Earnings Roundup
Thursday, August 4, 2011 - 8:58am | 1365General Motors Co (NYSE: GM) reported a strong rise in its second-quarter earnings. GM reported its quarterly earnings at $2.5 billion, or $1.54 per share, up from $1.3 billion, or $0.85 per share, in the year-earlier period. Its revenue surged to $39.4 billion from $33.2 billion. However, analysts...
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Bank Of America Slightly Raises Estimates On Clorox
Thursday, August 4, 2011 - 8:41am | 87According to Bank of America, Clorox (NYSE: CLX) FY12 estimates are raised. Bank of America said that it is raising its all-in FY12 EPS est to $4.08 from $4.04, based on seemingly a greater degree of flexibility given the reduction to the commodity outlook in the range of 10c per share. “We have...
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Citi Maintains Hold on Walgreens
Thursday, August 4, 2011 - 8:38am | 132Citi is out with its report today on Walgreens (NYSE: WAG), maintaining Hold. In its report, Citi writes, "We rate the shares of Walgreens Co Hold/Medium Risk (2M). We believe WAG is entering its next phase of double digit earnings growth after 3 years of single digit to negative earnings growth....
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UPDATE: Church & Dwight Reports 11% Surge In Q2 Earnings
Thursday, August 4, 2011 - 8:17am | 63Church & Dwight Co Inc (NYSE: CHD) reported an 11% surge in its second-quarter earnings. Church & Dwight reported its quarterly profit at $82.6 million, or $0.57 per share, up from $74.3 million, or $0.51 per share, in the year-ago period. However, analysts were expecting earnings of $0.56...
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Jefferies Rating and PT Updates 8/4
Thursday, August 4, 2011 - 8:12am | 1311Jefferies made a number of rating and price target changes in a research report published today. AstraZeneca PLC (NYSE: AZN) had its rating upgraded from Underperform to Hold. On Wednesday, AZN lost 0.34% of its value to finish the day at $47. Its shares continued to slide in today's pre-market...
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BJ's Wholesale Club July Same Club Sales up 9.2%
Thursday, August 4, 2011 - 8:04am | 90BJ's Wholesale Club, Inc. (NYSE: BJ) today reported that sales for July 2011 increased by 12.4% to $854.8 million from $760.9 million in July 2010. On a comparable club basis, July 2011 sales increased by 9.2%, including a contribution from sales of gasoline of 3.8%. Merchandise comparable club...
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News Summary for August 4, 2011
Thursday, August 4, 2011 - 7:51am | 587This is your Benzinga news summary and traders' outlook for Thursday, August 4, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are set for a weak morning as traders wait for the jobless claims data. At last check...
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Benzinga's Top Pre-Market Gainers
Thursday, August 4, 2011 - 7:44am | 121Kraft Foods Inc (NYSE: KFT) rose 4.99% to $36.01 in the pre-market session. KFT reported a 4.2% rise in its second-quarter profit and raised its projections for the year. It also announced its plans to split the company into two units. NYSE Euronext (NYSE: NYX) added 4.03% to $32.50 in the pre-...
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Goldman Sachs Downgrades Hormel Foods To Sell
Thursday, August 4, 2011 - 7:44am | 20Goldman Sachs has downgraded Hormel Foods (NYSE: HRL) from Neutral to Sell.
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A Peek Into The Market Before The Trading Starts
Thursday, August 4, 2011 - 7:28am | 400Pre-open movers US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co (NYSE: GM) and weekly jobless claims data. Futures for the Dow Jones Industrial Average dipped 70 points to 11,748.00 and S&P 500 index futures fell 8.60 points to 1,245.90. Nasdaq...