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Puts Purchased on Nu Skin Enterprises
Wednesday, July 27, 2011 - 11:08am | 129Read More...Shares of Nu Skin Enterprises (NYSE: NUS) are lower on the session by 1.01%, currently trading at $39.38. The stock has been moving largely higher over the past three months and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short while...
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Earnings Roundup
Wednesday, July 27, 2011 - 8:43am | 1811Read More...Boeing Co (NYSE: BA) reported a 20% rise in its second-quarter profit. Boeing's quarterly profit surged to $941 million, or $1.25 per share, from $787 million, or $1.06 per share, in the year-earlier period. Its revenue gained 6% y/y to $16.54 billion from $15.57 billion. However, analysts were...
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UPDATE: Dr Pepper Snapple Reports Drop In Q2 Profit
Wednesday, July 27, 2011 - 8:32am | 86Read More...Dr Pepper Snapple Group Inc (NYSE: DPS) reported a decline in its second-quarter profit. DPS reported its quarterly profit at $172 million, or $0.77 per share, down from $183 million, or $0.74 per share, in the year-ago period. Its sales climbed to $1.58 billion from $1.52 billion. However,...
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Citi Maintains Buy on Wal-Mart Stores
Wednesday, July 27, 2011 - 8:08am | 98Read More...Citi is out with its report today on Wal-Mart (NYSE: WMT), maintaining Buy. In a note to clients, Citi writes, "We rate the shares of WMT Buy/Medium Risk (1M). We expect long-term same-store sales growth to be driven by WMT's strong value proposition and improved in-store execution. In addition,...
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Earnings Scheduled For July 27
Wednesday, July 27, 2011 - 4:43am | 515Read More...Symantec Corporation (NASDAQ: SYMC) is expected to report its Q1 EPS at $0.37 on revenue of $1.59 billion. Corning Incorporated (NYSE: GLW) is projected to report its Q2 EPS at $0.47 on revenue of $1.96 billion. Visa Inc (NYSE: V) is projected to report its FQ3 EPS at $1.23 on revenue of $2.30...
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Stocks to Watch for Wednesday 7/27/2011: Fresh 52 Week Highs and Lows
Wednesday, July 27, 2011 - 4:37am | 2249Read More...Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to...
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Fast Money Picks For July 27th (SPY, CHD, CVS)
Tuesday, July 26, 2011 - 7:44pm | 158Read More...On CNBC's Fast Money, Dan Nathan said that investors should be defensive and buy weekly puts in SPDR S&P 500 ETF (NYSE: SPY) on Wednesday. SPDR S&P 500 ETF (SPY) fell 0.37% today, and it closed at $133.33. Guy Adami likes Church & Dwight Co., Inc. (NYSE: CHD), and wants to buy it...
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Chiquita Completes Credit Facility Refinancing
Tuesday, July 26, 2011 - 5:07pm | 279Read More...Chiquita Brands International, Inc. (NYSE: CQB) today announced the successful completion of the previously announced refinancing of a portion of its capital structure. The related transactions described below reduce the company's interest expense, extend debt maturities and add operating...
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Clorox Board of Directors Unanimously Concludes Icahn's Revised Proposal Is Inadequate and Not in the Best Interest of Stockholders
Tuesday, July 26, 2011 - 4:27pm | 294Read More...The Clorox Company (NYSE: CLX) today announced that the company's board of directors, in consultation with its independent legal and financial advisers, has unanimously determined that the revised unsolicited, conditional proposal to acquire Clorox, received on July 20, 2011, from Icahn Enterprises...
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Retail Stocks Look Unshaken
Tuesday, July 26, 2011 - 10:35am | 134Read More...The retail sector is holding up pretty well despite the early stock market decline. The Retail Holders Trust(NYSE: RTH) is trading higher by 0.25 cents to $109.86 a share. Short term traders can watch for intra-day support on the RTH around the $109.75 and $109.50 levels. Some leading retail...
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UPDATE: Jefferies Lowers PT on Archer Daniels Midland from $44 to $40
Tuesday, July 26, 2011 - 9:40am | 107Read More...Jefferies has published a report on Archer Daniels Midland (NYSE: ADM) lowering the price target from $44.00 to $40.00. In the report, Jefferies wrote, "The expectations bar is relatively low given the underwhelming performance of industry ethanol and soybean crush margins in the quarter. With key...
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Earnings Roundup
Tuesday, July 26, 2011 - 9:32am | 1635Read More...Lockheed Martin Corp (NYSE: LMT) reported a 10% decline in its Q2 profit. Lockheed Martin's quarterly net earnings dropped to $742 million, or $2.14 per share, from $824 million, or $2.22 per share, in the year-earlier quarter. Its net sales increased to $11.55 billion from $11.28 billion....
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J.P. Morgan Rates Kimberly-Clark Neutral
Tuesday, July 26, 2011 - 9:06am | 115Read More...According to J.P. Morgan, Kimberly-Clark (NYSE: KMB) posted Q211 EPS of $1.18, which was ahead of both the estimate of $1.13 and Bloomberg consensus of $1.14. J.P. Morgan said that the primary driver of upside vs. its forecast came from slightly better than anticipated top line, lower marketing,...
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UPDATE: Supervalu Reports Upbeat Q1 Profit; Shares Rise In Pre-Market
Tuesday, July 26, 2011 - 8:56am | 79Read More...Supervalu Inc (NYSE: SVU) reported a 10% rise in its first-quarter net income. Supervalu reported its quarterly earnings at $74 million, or $0.35 per share, up from $67 million, or $0.31 per share, in the year-ago period. Excluding charges for closing stores and a labor dispute, Supervalu's...
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Agria Notified by NYSE of Non-Compliance With Minimum Average Closing Price Listing Standard
Tuesday, July 26, 2011 - 8:10am | 99Read More...Agria Corporation (NYSE: GRO) today announced that the Company was notified by the New York Stock Exchange that the Company is not in compliance with the NYSE continued listing standard requiring a listed security to maintain a minimum average closing price of $1.00 per share over a consecutive 30-...

