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Earnings Preview: Kraft's Revenue Expected to Rise
Monday, August 1, 2011 - 10:30am | 557Kraft (NYSE: KFT) announces its next round of earnings this Thursday, August 4, 2011. Here's Benzinga's essential guide to Kraft's second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of 58 cents/share and revenues of $13.15 billion. Kraft's latest...
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Earnings Preview: CVS Caremark's Revenue Expected to Rise
Monday, August 1, 2011 - 10:30am | 555CVS Caremark (NYSE: CVS) unveils its next round of earnings this Thursday, August 4, 2011. Get prepared with Benzinga's ultimate preview for CVS Caremark's second quarter earnings. Earnings and Revenue: Analysts are predicting an EPS reading of 64 cents/share and revenues of $26.76 billion....
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Cardinal Health Earnings Preview: Analysts Expect Rising Revenue, EPS
Monday, August 1, 2011 - 10:30am | 586Cardinal Health (NYSE: CAH) announces its next round of earnings this Thursday, August 4, 2011. Get the latest predictions in Benzinga's essential guide to the company's fourth quarter earnings report. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting...
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UPDATE: JP Morgan Raises PT On CVS Caremark To $50
Monday, August 1, 2011 - 8:20am | 96JP Morgan has published a research report on CVS Caremark Corporation (NYSE: CVS) and has added the company to JP Morgan's Analyst Focus List with a raised price target of $50, up from $43. In the report, JP Morgan writes, "We point to 4 reasons: 1) a return to double-digit PBM EBIT growth in...
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Hold These Funds Forever! Really? Forever?
Monday, August 1, 2011 - 8:16am | 877There was an article over at Seeking Alpha about a few dividend stocks that the author posits can be held forever. Investing magazines have had cover stories about funds to hold forever for as long as there have been investing magazines. The concept is fascinating; it would be great to buy six or...
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Feihe International, Inc. Announces Agreement to Sell Dairy Farms for $131.8M
Monday, August 1, 2011 - 8:03am | 160Feihe International, Inc. (NYSE: ADY) today announced that it has entered into an Equity Purchase Agreement with Haerbin City Ruixinda Investment Company Ltd. Pursuant to the Agreement, the Company agreed to sell to the Purchaser all of its equity interests of Heilongjiang Feihe Kedong Feedlots Co...
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Piper Jaffray Reiterates Overweight Rating On Costco
Monday, August 1, 2011 - 7:55am | 57According to Piper Jaffray, Costco Wholesale (NASDAQ: COST) Overweight rating is reiterated. Piper Jaffray said that it is estimating a July comp of +8% to +9% vs. consensus of ~+8.7%. “We reiterate our OW rating and price target of $88 based on 23x F12E EPS of $3.82.” Costco Wholesale closed on...
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JP Morgan Raises PT On CVS To $50
Monday, August 1, 2011 - 6:32am | 28JP Morgan has raised the price target on CVS Caremark Corporation (NYSE: CVS) from $43 to $50 and maintains its Overweight rating.
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Top 4 Large-Cap Stocks In The Cigarettes Industry With The Highest Revenue
Monday, August 1, 2011 - 3:46am | 137Below are the top large-cap cigarettes stocks on the NYSE, the NASDAQ and the AMEX in terms of revenue. The trailing-twelve-month revenue at Philip Morris International Inc (NYSE: PM) is $28.72 billion. PM's ROE for the same period is 152.36%. The trailing-twelve-month revenue at British American...
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Earnings Expectations for the Week of August 1
Sunday, July 31, 2011 - 10:02am | 1197Quarterly reports of note scheduled for this week include those from Archer Daniels Midland (NYSE: ADM), General Motors (NYSE: GM), MasterCard (NYSE: MA), Procter & Gamble (NYSE: PG) and Time Warner (NYSE: TWX), all of which are expected to post earnings growth, as well as Pfizer (NYSE: PFE)...
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Coffee at Six Month Low: Coffee Stocks Profit Margins Up?
Saturday, July 30, 2011 - 5:21pm | 506According to a recent article at TheStreet.com, the price of coffee has tanked to a six month low, primarily due to a glut from good weather conditions in Brazil, exports from Latin America increasing, and greater production in India and Japan. Since it is unlikely that baristas will start passing...
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7 Cheap Stocks Ready for a 30% Jump This Year
Friday, July 29, 2011 - 5:13pm | 300We believe CarMax (KMX) has the best business model in its, well, business. Other companies, like AutoNation (AN), Group 1 Automotive (GPI), Penske Automotive Group (PAG) and Sonic Automotive (SAH), have tried to mimic CarMax's business model in the past, but to no avail. The company has carved out...
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7 Stocks Trading at a Huge Discount
Friday, July 29, 2011 - 3:01pm | 372Here's one of your more traditional "Buffett-like" stock screens where I am essentially looking for companies selling well below their book value. The stocks below represent 7 companies that are trading at less than three-quarters its book value. Last time we ran this screen and said to pay close...
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Puts Purchased on Smithfield Foods
Friday, July 29, 2011 - 2:49pm | 118Shares of Smithfield Foods (NYSE: SFD) are higher on the session by 0.50%, currently trading at $22.16. The stock has been moving largely higher over the past five weeks and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while ago...
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Dunkin, Teavana Moving In Different Directions
Friday, July 29, 2011 - 1:58pm | 184The caffeine trade has been one of the hottest trends in 2011, with names like Green Mountain (NASDAQ: GMCR), Starbucks (NASDAQ: SBUX), Tim Horton's (NYSE: THI) and even McDonald's (NYSE: MCD) all moving to new highs as consumers flocked towards spending money on coffee. This week we saw the IPO...