-
Stocks to Watch for Monday 07/11/11: Fresh 52 Week Highs and Lows
Sunday, July 10, 2011 - 6:15pm | 2231Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to lowest): 1) Melco Crown Entertainment (NASDAQ:...
-
All's Fair in Coffee and Sugar
Sunday, July 10, 2011 - 5:38am | 1697By EconMatters You might recall that bitter coffee divorce from last December when Kraft Food (KFT) took Starbucks (SBUX) to court to prevent Starbucks from unwinding a 13-year packaged coffee distribution partnership. Well, that food fight has finally come to close with the partnership...
-
Earnings Ahead 07-08-2011
Friday, July 8, 2011 - 5:26pm | 837Cusick's Corner Buyers showed up at the close, and I am holding the long deltas in the S&Ps and short deltas in the bonds over the weekend. The thought process is that next week we have earnings plus the anticipation for solid numbers that could potentially start to drive the market early. The...
-
Hottest and Coldest Sectors for Friday 7/8/11
Friday, July 8, 2011 - 5:24pm | 1918The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...
-
How to Lose Money: Buy Stocks With "China" In the Name
Friday, July 8, 2011 - 4:12pm | 274The recent collapse in the share price of Chinese reverse mergers is at this point widely known. But, what if investors had simply purchased a basket of companies with the name "China" somewhere in the security? Here are the performances of securities on the NYSE, containing the word "China,"...
-
Which Bank is Right For You? MyBankTracker Aims to Answer That Question
Friday, July 8, 2011 - 3:22pm | 911If you needed to buy a new TV, what's the first thing that you would do? Go online and search for some information? Read a review? Ask a friend's opinion? Maybe you'd investigate the latest televisions for yourself by visiting Best Buy (NYSE: BBY), Target (NYSE: TGT), Wal-Mart (NYSE: WMT), or some...
-
Market Reacts to Unemployment 07-08-2011
Friday, July 8, 2011 - 1:27pm | 990Cusick's Corner The macro picture in the US is not as rosy as the market was picturing. But by no means does this mean that we are in a major trend shift, in fact this is a market that is still in an uptrend. The question is what the Fed will do now that QE is off the table and Washington is still...
-
Puts Purchased on Hansen Natural
Friday, July 8, 2011 - 11:06am | 145Shares of Hansen Natural (NASDAQ: HANS) are lower on the session by 2.04%, currently trading at $80.08. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short while ago...
-
Options Brief: The Procter & Gamble Company
Friday, July 8, 2011 - 10:20am | 97Shares of The Procter & Gamble Company (NYSE: PG) are lower on the session by 0.14%, trading at $64.86. Overall put volume is now running at 4.35x the daily average, with 1% of all puts traded being purchases on the offer. 46,732 contracts have traded on the session so far. The Procter...
-
Last Nights Noteable Events
Friday, July 8, 2011 - 8:37am | 290MarkWest Energy Partners (MWE) Announces Public Offering of Common Units - MWE hearing will price at 48 SemiLEDS Corp. (LEDS) Disaster Report - Big Miss CREE comes in sympathy LEDS came off sharply wicking all time lows below 5 before corking to 5.30 FTI Consulting, Inc. (FCN) FTI Consulting, Inc...
-
PriceSmart June Comp Warehouse Sales +19.7%
Friday, July 8, 2011 - 8:02am | 76PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of June 2011, net warehouse club sales increased 21.1% to $137.9 million, from $113.9 million in June a year earlier. For the ten months ended June 30, 2011, net warehouse club sales increased 22.7% to $1,377.1 million from $1,122.6...
-
News Summary for July 8, 2011
Friday, July 8, 2011 - 7:54am | 400This is your Benzinga news summary and traders' outlook for Friday, July 8, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures and the U.S. dollar are trading slightly higher as traders wait for employment data later...
-
JP Morgan Raises PT On Hansen Natural To $85
Friday, July 8, 2011 - 6:16am | 28JP Morgan has raised the price target on Hansen Natural Corporation (NASDAQ: HANS) from $65 to $85 and maintains its Neutral rating.
-
US Stock Futures Down As Investors Await Nonfarm Payrolls Data
Friday, July 8, 2011 - 6:12am | 308US stock futures are lower this morning, as investors are awaiting nonfarm payrolls data and figures on the June unemployment rate. Futures on the Dow Jones Industrial Average dropped 16 points to 12,665.00 and futures on the S&P 500 stock index fell 2.90 points to 1,348.80. Nasdaq 100 futures...
-
Top 4 Stocks In The Beverages-Wineries & Distillers Industry With The Highest Cash
Friday, July 8, 2011 - 2:00am | 127Below are the top beverages-wineries & distillers stocks on the NYSE and the NASDAQ in terms of cash. Diageo plc (NYSE: DEO) had $2.47 billion in total cash and $13.88 billion in total debt for the latest quarter. Brown Forman Inc (NYSE: BF-B) had $567.00 million in total cash and $759.00...