-
US Stock Futures Up; GE Earnings In Focus
Friday, July 22, 2011 - 6:27am | 441US stock futures are higher this morning, as investors are awaiting quarterly earnings from General Electric Co (NYSE: GE). The Eurozone leaders agreed on the form of the second Greek bailout. Futures on the Dow Jones Industrial Average surged 48 points to 12,738.00 and futures on the S&P 500...
-
Jefferies Lowers PT On Safeway to $24
Friday, July 22, 2011 - 6:18am | 26Jefferies & Company has lowered the price target on Safeway (NYSE: SWY) from $25 to $24 and maintains its Hold rating.
-
Earnings Scheduled For July 22
Friday, July 22, 2011 - 4:34am | 353General Electric Co (NYSE: GE) is expected to report its Q2 EPS at $0.32 on revenue of $34.72 billion. Schlumberger NV (NYSE: SLB) is projected to report its Q2 EPS at $0.85 on revenue of $9.17 billion. Verizon Communications Inc (NYSE: VZ) is estimated to report its Q2 EPS at $0.55 on revenue of...
-
Top 4 Small-Cap Stocks In The Meat Products Industry With The Highest Operating Margin
Friday, July 22, 2011 - 4:01am | 136Below are the top small-cap meat products stocks on the NYSE and the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Balchem Corporation (NASDAQ: BCPC) is 19.60%. BCPC's ROE for the same period is 19.78%. The trailing-twelve-month operating margin at Industrias...
-
Top 4 NYSE Stocks In The Grocery Stores Industry With The Highest ROE
Friday, July 22, 2011 - 3:59am | 133Below are the top grocery stores stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Kroger Company (The) (NYSE: KR) is 22.87%. KR's PEG ratio is 1.29. The trailing-twelve-month return on equity at Ruddick Corporation (NYSE: RDK) is 14.32%. RDK's revenue...
-
Stocks To Watch For July 22
Friday, July 22, 2011 - 3:35am | 252Some of the stocks that may grab investor focus today are: Wall Street expects Caterpillar Inc (NYSE: CAT) to report its Q2 earnings at $1.79 per share on revenue of $13.52 billion. Caterpillar shares gained 1.57% to $113.35 in after-hours trading. Microsoft Corp (NASDAQ: MSFT) reported its FQ4...
-
Fast Money Picks For July 22nd (LO, CBI, IBM, CAT)
Thursday, July 21, 2011 - 8:10pm | 224CNBC Fast Money's Brian Kelly recommended a long position in Lorillard Inc. (NYSE: LO) in the wake of strong earnings results from Philip Morris International Inc. (NYSE: PM). Lorillard Inc. (LO) gained 3.12%, and Philip Morris International Inc. (PM) added 4.84%. Guy Adami wants to buy Chicago...
-
Running of the Bulls 07-21-2011
Thursday, July 21, 2011 - 7:18pm | 886Cusick's Corner Major markets continue to be in full bull mode while the debt talks continue. The Volatility Index (VIX) is down to 17.56 (see Index Trading) because the latest earnings-reporting season has been mostly upbeat. Merger mania is on -- pharmacy benefits management company Express...
-
Rally Broad-Based 07-21-2001
Thursday, July 21, 2011 - 3:48pm | 971Cusick's Corner Stocks are up on earnings and Europe appears closer to a Greek bailout plan. This rally is broad-based; all sectors are in the green with Financials, XLF, and Energy, XLE, leading the pack. See you After Hours. Stocks are broadly higher with help from earnings and diminishing...
-
Agria Stated It Knows of No Material Events That Would Cause Unusual Market Activity
Thursday, July 21, 2011 - 3:28pm | 75Agria Corporation (NYSE: GRO) today issued the following statement. In view of the unusual market activity in the Company's stock, the New York Stock Exchange has contacted the Company and requested that the Company issue a public statement indicating whether there are any corporate developments...
-
Philip Morris Hits New 52-Week at $71.76
Thursday, July 21, 2011 - 3:05pm | 76Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Philip Morris (NYSE: PM) are hitting new 52-week highs....
-
PepsiCo Down Over 4% Despite Inline Earnings
Thursday, July 21, 2011 - 2:26pm | 44PepsiCo (NYSE: PEP) is down over 4% despite the earnings being inline this morning. The company reported Q2 EPS of $1.21 vs. $1.21 Est and revenues $16.83B vs. $16.41B Est. PepsiCo is currently trading at $65.44, a loss of $3.05 or 4.45%.
-
Bio-Plastics Come To Brazil
Thursday, July 21, 2011 - 2:20pm | 266A new partnership could help to bring bio-plastics to medicine cabinet near you. Dow Chemical (NYSE: DOW) and Japan's Mitsui have formed a new Brazilian joint venture in order to turn sugar cane into ethanol and plastic. The pair plan on creating the world's largest integrated facility for...
-
Hershey Company Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter
Thursday, July 21, 2011 - 1:43pm | 566Hershey Company (NYSE: HSY) announces its next round of earnings this Tuesday, July 26, 2011. Here's Benzinga's advanced look at Hershey's second quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS reading of 54 cents per share and revenues of $1.27 billion...
-
Earnings Preview: Analysts Expect Amazon.com Revenue, Earnings to Dip from Previous Quarter
Thursday, July 21, 2011 - 1:12pm | 569Amazon.com (NASDAQ: AMZN) releases its next round of earnings this Tuesday, July 26, 2011. Here is Benzinga's everything-that-matters guide to Amazon's second quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS reading of 37 cents per share and revenues of...