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IGI Laboratories Appoints Jenniffer Collins to CFO
Friday, July 15, 2011 - 10:57am | 63IGI Laboratories, Inc. (NYSE: IG) today announced that Jenniffer Collins has been appointed Chief Financial Officer of IGI Laboratories Inc. effective July 21, 2011. Charles Moore, President and CEO, commented, “We are pleased to welcome Jenniffer to the IGI team. She has a strong financial...
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Coca-Cola Company Earnings Preview: Analysts Expect Rising Revenue
Friday, July 15, 2011 - 10:31am | 443Get ready for Coca-Cola Company (NYSE: KO) earnings! Don't be the last to know: The company announces its next round of earnings this Tuesday, July 19, 2011. Wondering what to expect from this Tuesday's announcement? Don't worry. Here's your essential guide to Coca-Cola Company's second quarter...
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Options Brief: Ralcorp Holdings
Friday, July 15, 2011 - 10:24am | 85Shares of Ralcorp Holdings (NYSE: RAH) are lower on the session by 1.94%, trading at $84.94. Overall call volume is now running at 2.57x the daily average, with 32% of all calls traded being purchases on the offer. 1,681 contracts have traded on the session so far. Ralcorp Holdings, Inc. is...
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Earnings Preview: Altria Group Revenue Expected to Rise
Friday, July 15, 2011 - 9:53am | 532It's time to gear up for Altria Group (NYSE: MO) earnings! Keep your head in the game: The company releases its next round of earnings this Wednesday, July 20, 2011. Wondering what Wall Street is thinking ahead of Altria Group's lastest earnings numbers? Get the latest predictions in our...
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Dahlman Rose Reiterates Buy and PT of $28 on the Kroger
Friday, July 15, 2011 - 9:22am | 43Dahlman Rose reiterated its Buy rating on the Kroger (NYSE: KR). At the same time, the rating agency left its price target on the company's stock unchanged at $28. On Thursday, KR closed the day at $25.35.
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AgFeed Industries, Inc. Announces Board Appointment, Executive Changes & Acquisitions Agreements
Friday, July 15, 2011 - 9:01am | 564AgFeed Industries, Inc. (Nasdaq: FEED) announced organizational changes and acquisitions agreements in fulfillment of its previously announced entry to the harvest and processing segment of the pork business. In connection with the ongoing transformation of the Company, the Board of Directors...
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Scotia Capital Discusses Dividend Raise, Buyback From Walgreen
Friday, July 15, 2011 - 8:20am | 98Scotia Capital is out with a research report on Walgreen Company (NYSE: WAG) after the company raised its dividend and announced a new buyback. It has a one year price target of $46 and a Sector Outperform rating. In a note to clients, Scotia Capital writes, "Investors will certainly welcome WAG'...
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Benzinga's Top Pre-Market Losers
Friday, July 15, 2011 - 8:19am | 110News Corporation (NASDAQ: NWSA) dipped 2.17% to $15.10 in the pre-market session. Rebekah Brooks resigned as chief of NWSA's British newspaper. Altria Group Inc (NYSE: MO) moved down 1.04% to $26.57 in the pre-market session. MO's PEG ratio is 1.65. Pfizer Inc (NYSE: PFE) fell 0.55% to $19.80 in...
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J.P. Morgan Previews Q2 Of KO And PEP
Friday, July 15, 2011 - 8:17am | 135J.P. Morgan is maintaining its Overweight rating on both Coca-Cola (NYSE: KO) and PepsiCo (NYSE: PEP) and maintains both stock's price targets, $72 and $80 respectively. Says J.P. Morgan, in its report, “Coca-Cola and PepsiCo report earnings next week. KO leads off on Tuesday, followed by PEP on...
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Benzinga's Top Downgrades
Friday, July 15, 2011 - 8:13am | 138Analysts at JP Morgan downgraded TeleCommunication Systems (NASDAQ: TSYS) from “overweight” to “neutral.” TSYS' stock closed at $5.20 yesterday. TSYS' trailing-twelve-month profit margin is 3.33%. Analysts at KeyBanc Capital markets downgraded Petrohawk Energy Corp (NYSE: HK) from “buy” to “hold...
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Benzinga's Top Pre-Market Gainers
Friday, July 15, 2011 - 8:12am | 134Petrohawk Energy Corp (NYSE: HK) shares advanced 63.77% to $38.47 in the pre-market session. BHP Billiton Ltd (NYSE: BHP) announced its plans to buy Petrohawk Energy for $12.1 billion in cash. Google Inc (NASDAQ: GOOG) shares advanced 12.87% to $597.00 in the pre-market session. GOOG reported...
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News Summary for July 15, 2011
Friday, July 15, 2011 - 7:53am | 571This is your Benzinga news summary and traders' outlook for Friday, July 15, 2011, covering headlines from overnight and Friday pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading slightly higher despite a U.S. debt downgrade warning by the S&P. The U.S....
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Deutsche Bank Downgrading Diamond Foods
Friday, July 15, 2011 - 7:43am | 88Deutsche Bank is downgrading shares of Diamond Foods (NASDAQ: DMND) from Buy to Hold, but is keeping its $76 price target. In a note to clients, Deutsche Bank writes, "Although we believe in the strategic logic behind the Pringles acquisition and management's entrepreneurial approach to the snack...
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A Peek Into The Market Before The Trading Starts
Friday, July 15, 2011 - 7:24am | 381Pre-open movers US stock futures are slightly higher this morning, after Google Inc (NASDAQ: GOOG) reported upbeat Q2 results. Standard & Poor's puts the US credit rating on review for a possible downgrade. Futures on the Dow Jones Industrial Average surged 29 points to 12,411.00 and futures on...
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UPDATE: Clorox Confirms Receipt of Unsolicited Conditional Proposal From Carl Icahn for $76.50 per Share
Friday, July 15, 2011 - 7:17am | 61The Clorox Company (NYSE: CLX) today confirmed it has received an unsolicited conditional proposal from Icahn Enterprises L.P. to acquire the company for $76.50 per share, subject to due diligence, financing and other conditions. Clorox's board of directors, in consultation with its financial and...