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Deutsche Bank Downgrades Diamond Foods To Hold
Friday, July 15, 2011 - 6:20am | 25Deutsche Bank has downgraded Diamond Foods (NASDAQ: DMND) from Buy to Hold and maintains its $76 price target.
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Ralcorp Down 4% on Lower Guidance
Thursday, July 14, 2011 - 4:42pm | 44Ralcorp (NYSE: RAH) is down 4% in after hours on a lower guidance that was announced after the close. The company sees Q3 EPS of $1.13-1.18 vs. $1.37 estimate. Ralcorp shares are currently trading at $83, a loss of 4.18%
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Ralcorp Sees Q3 EPS of $1.13-1.18 vs. $1.37 Est
Thursday, July 14, 2011 - 4:34pm | 182Ralcorp Holdings, Inc. (NYSE: RAH) today announced that, based upon information currently available, the Company expects that diluted earnings per share for the third quarter will be between $0.85 and $0.90. Excluding $0.24 of reductions related to economic hedges and $0.04 of reductions related...
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Ralcorp Board of Directors Agrees in Principle to Separate Ralcorp and Post Foods in a Tax-Free Spin-Off to Ralcorp Shareholders
Thursday, July 14, 2011 - 4:33pm | 192Ralcorp Holdings, Inc. (NYSE: RAH) today announced that its Board of Directors has unanimously agreed in principle to separate Ralcorp and Post Foods in a tax-free spin-off to Ralcorp shareholders. The Company expects to complete the separation in approximately four to six months, following the...
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Sellers More Aggressive 07-14-2011
Thursday, July 14, 2011 - 2:43pm | 934Cusick's Corner The sellers have taken a bit out of this market into the Midday and I am a little surprised at how aggressively they are doing so. The volatility has been picking up and while it is typical for volatility to abate into this afternoon and tomorrow, we are not seeing that reflected...
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5 High Dividend Names For Sound Sleeping
Thursday, July 14, 2011 - 2:30pm | 363The market has been in a bit of a roller coaster lately, with concerns of a sovereign debt crisis in Europe, debt ceiling worries at home, and corporate earnings potentially looking very bleak, especially if you look at the semiconductor industry. Here is a list of 5 high dividend paying stocks...
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Worried About The Markets? Pick Up A Pack Of Smokes
Thursday, July 14, 2011 - 1:44pm | 742QE3 is on. QE3 is off. Europe is solved. Europe is not solved. It's enough to make anyone drink and smoke, and picking up some tobacco stocks right now could prove to be profitable as money has to flow somewhere, and it will flow where it's treated best: the 2 pack a day habit. Smoking has...
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Market Roundup
Thursday, July 14, 2011 - 10:50am | 209Shares of ICON plc (NASDAQ: ICLR) gained about 0.24% after the company acquired Firecrest Clinical, a market-leading provider of technology solutions that boost investigator site performance and study management. Shares of Fairchild Semiconductor International Inc (NYSE: FCS) surged about 5.5%...
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Coffee Holding Down 8% In Early Thursday Trading
Thursday, July 14, 2011 - 10:15am | 135It appears the straight up run in Coffee Holding Co., Inc. (NASDAQ: JVA) shares is over, as shares are off 8% today. After running over 400% in the past three months, shares have faltered this week, seeing two down days after seemingly never seeing any red. The small $116 million market cap-...
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Morning Market Losers
Thursday, July 14, 2011 - 9:59am | 107Coffee Holding Co Inc (NASDAQ: JVA) dipped 10.07% to $20.73 at 9:55 am. JVA shares have jumped 363.45% over the past 52 weeks, while the S&P 500 index has gained 20.32% in the same period. SMF Energy Corporation (NASDAQ: FUEL) shares dropped 8.64% to $1.48. FUEL had $109.00 thousand in total...
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Citi Reiterates Buy on General Mills
Thursday, July 14, 2011 - 8:33am | 41Citi reiterated its Buy rating on General Mills (NYSE: GIS). At the moment, the rating agency has a price target of $44 placed on the company's stock. On Wednesday, GIS closed the day at $36.88.
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Citi Reiterates Hold and PT of $24 on Safeway
Thursday, July 14, 2011 - 8:30am | 39Citi reiterated its Hold rating on Safeway (NASDAQ: SWY). At the same time, Citi left its price target on the company's stock unchanged at $24. On Wednesday, SWY closed the day at $23.66.
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Deutsche Bank Maintains Buy on General Mills
Thursday, July 14, 2011 - 8:22am | 96Deutsche Bank is out with its report today on General Mills (NYSE: GIS), maintaining Buy. In a note to clients, Deutsche Bank writes, "Our BUY opinion is based on leading share in many U.S. categories (cereal, refgd. dough, yogurt, cake mix), relatively low valuation (13.3x C2012E P/E), possible...
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J.P. Morgan Comments on Competitive Pressures Faced by WD-40 Company
Thursday, July 14, 2011 - 7:54am | 114J.P. Morgan has published a report on WD-40 Company(NASDAQ: WDFC) outlining CEO comments on innovation and expansion. WD-40 relayed lower than expected Earnings per Share than a year ago, with $0.47 versus $0.53. In the report, J.P. Morgan notes competitive pressure on WD-40 as well as higher...
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Jefferies Maintains Hold on General Mills
Thursday, July 14, 2011 - 7:53am | 112Jefferies is out with its report on General Mills (NYSE: GIS), maintaining Hold. In a note to clients, Jefferies writes, "GIS provided FY15 EPS guidance of $3.38, a 9.0% CAGR from FY12 guidance, and indicated that it might exceed the target due to the Yoplait benefits. We remain cautious on what...