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Chiquita and Walt Disney World Resort Announce Multi-Year Alliance
Friday, July 29, 2011 - 1:09pm | 80Chiquita Brands International (NYSE: CQB) and Walt Disney (NYSE: DIS) World Resort announced an agreement today that will bring premium, healthy fresh Chiquita® and Fresh Express® products to a number of retail points at Walt Disney World in Lake Buena Vista, Fla. and the Disney Cruise Line. This...
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NASDAQ Top Percentage Gainers: Town Sports International, AXT, Dynavax, Green Mountain Coffee Roasters
Friday, July 29, 2011 - 12:28pm | 551POINT ROBERTS, July 29, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 28, 2011. On Thursday, Town Sports International was in spotlight as the stock climbed 24.25%. Town Sports International...
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Lorillard Board of Directors Adopts Majority Vote Standard, Enhanced Disclosure Measures
Friday, July 29, 2011 - 10:37am | 137Lorillard, Inc. (NYSE: LO) today announced that its Board of Directors voted to establish a majority vote standard in director elections and to enhance disclosure of Lorillard political contributions. Meeting in New York, NY yesterday, the Board adopted the two measures unanimously. Both issues...
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Gabelli Maintains Buy on Kellogg
Friday, July 29, 2011 - 9:46am | 111Gabelli is out with its report today on Kellogg (NYSE: K), maintaining Buy. In its report, Gabelli writes, "Continue to Buy, Kellogg has leading shares in attractive categories, while we expect stronger innovation and brand spending over the next few quarters, in addition to cost savings to drive...
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Bank of America Comments on EPS at Bunge Limited
Friday, July 29, 2011 - 9:34am | 158Bank of America has published a report on Bunge Limited (NYSE: BG) focusing on EPS changes. In the report, Bank of America wrote, "BG reported 2Q11 EPS of $1.79, $0.29 ahead of our estimate. Key takeaways from quarter: 1) Agribusiness results were solid in the quarter as a result of large...
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JP Morgan Reiterates Neutral on Coca-Cola Enterprises, Raises PT to $36
Friday, July 29, 2011 - 8:50am | 43JP Morgan reiterated its Neutral rating on Coca-Cola Enterprises (NYSE: CCE). At the same time, the rating agency raised its price target on the company's stock from $30 to $36. On Thursday, CCE closed the day at $28.31.
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UPDATE: Stifel Nicolaus Upgrades Lorillard to Buy
Friday, July 29, 2011 - 8:38am | 91Stifel Nicolaus is out with its report today on Lorillard (NYSE: LO), upgrading LO from Hold to Buy. In its report, Stifel Nicolaus writes, "We are upgrading Lorillard to Buy from Hold and establishing a $122 target price. We believe the underlying growth supports a higher relative valuation for...
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UPDATE: Stifel Nicolaus Upgrades Altria Group to Buy
Friday, July 29, 2011 - 8:36am | 91Stifel Nicolaus is out with its report today on Altria Group (NYSE: MO), upgrading MO from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "We are upgrading Altria to Buy from Hold and establishing a $29 target price. The foundation for our upgrade is the strong pricing environment in...
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Stifel Nicolaus Upgrades MO, HIW, LO To Buy
Friday, July 29, 2011 - 8:03am | 57Stifel Nicolaus has upgraded the following companies: Altria Group (NYSE: MO) from Hold to Buy, $29 PT Highwoods Properties (NYSE: HIW) from Hold to Buy, $38 PT Lorillard (NYSE: LO) from Hold to Buy, $122 PT
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Morgan Stanley Reiterates Overweight on Archer Daniels Midland
Friday, July 29, 2011 - 7:39am | 46Morgan Stanley reiterated its Overweight rating on Archer Daniels Midland (NYSE: ADM). At the moment, the rating agency has a price target of $40 placed on the company's stock. On Thursday, ADM lost 0.64% of its value to stand around $30.81.
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Morgan Stanley Reiterates Equal-Weight on Avon Products
Friday, July 29, 2011 - 7:35am | 44Morgan Stanley reiterated its Equal-weight rating on Avon Products (NYSE: AVP). On Thursday, AVP lost 3.93% of its value to end the day at $26.65. Its shares continued to slide in today's pre-market trading, falling 0.11% to stand around $26.62.
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Morgan Stanley Reiterates Equal-Weight on Bunge
Friday, July 29, 2011 - 7:32am | 47Morgan Stanley reiterated its Equal-Weight rating on Bunge (NYSE: BG). At the moment, the rating agency does not have a price target placed on the company's stock. On Thursday, BG lost 2.18% of its value to finish the day at $69.44.
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JP Morgan Raises PT On Coca-Cola To $36
Friday, July 29, 2011 - 7:28am | 27JP Morgan has raised the price target on Coca-Cola Enterprises (NYSE: CCE) from $30 to $36 and maintains its Neutral rating.
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High Yield Birth Control Stocks
Thursday, July 28, 2011 - 9:45pm | 613An Institute of Medicine medical advisory panel recently recommended to the Health and Human Services Department that contraception should qualify as preventive care. Since insurers must fully cover the cost of preventative care under the new health care law, then everyone would have access to free...
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Will Bonds Rally, Yields Go Down? 07-28-2011
Thursday, July 28, 2011 - 6:38pm | 1094Cusick's Corner I thought the market was going to get a little lift into the After Hours with Finance, XLF, and Tech, QQQ/XLK, leading but that is not the case, squeezing more longs out of the market. I have ratcheted down my size in trades at this stage, and will be watching the headlines for any...