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Goldman Sachs Upgrades ConAgra To Buy, Raises PT To $31
Monday, June 27, 2011 - 6:13am | 27Goldman Sachs has upgraded ConAgra (NYSE: CAG) from Neutral to Buy and has raised the price target from $28 to $31.
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Dr. Pepper Snapple Reduces Plastic By Using More Recycled Content
Monday, June 27, 2011 - 5:00am | 53Dr. Pepper Snapple Group, Inc. (DPS) released its first CSR report, Sustainability in Action a few weeks ago. The company, whose net sales totaled $5.6 billion last year, saved 12.5 million pounds of plastic last year by using more recycled PET and lighter packaging. DPS claims to have the lightest...
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Stocks Going Ex Dividend the Fifth Week of June
Friday, June 24, 2011 - 11:17pm | 688Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Stocks Going Ex Dividend the Fifth Week of June
Friday, June 24, 2011 - 11:17pm | 688Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Target Canada to Transfer Rights of Certain Canadian Leasehold Interests to Walmart Canada
Friday, June 24, 2011 - 3:00pm | 64Target (NYSE: TGT) announced today that Target Canada has reached an agreement to transfer to Walmart (NYSE: WMT) Canada the rights for leasehold interests in up to 39 sites, currently operated by Zellers Inc. Specific locations will be identified later this fall. Terms of this transaction were...
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Hansen Natural Up 5% On Heavier Than Normal Volume
Friday, June 24, 2011 - 2:38pm | 83Hansen Natural Corporation (NASDAQ: HANS) shares are soaring today on heavier than normal volume, as the maker of Monster energy drinks continues to soar to new highs. The company hit a new 52 week high of $79.59 earlier in the session. At last check, shares of Hansen were trading at $78.50, up $...
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What's Hot On TheStreet
Friday, June 24, 2011 - 1:41pm | 258Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 5 Relics of the '80s That Aren't Coming Back There's one question that should haunt every child of the 1980s: How are people supposed to feel any nostalgia for the 1980s when they've never gone away? Food Prices...
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Stifel Nicolaus Maintains Hold on ConAgra Foods
Friday, June 24, 2011 - 8:58am | 69Stifel Nicolaus is out with its report today on ConAgra Foods (NYSE: CAG), maintaining Hold. In a note to clients, Stifel Nicolaus writes, "We continue with our Hold rating. We believe the shares' 10% discount to the food group appropriately discounts the weakened fundamental position while...
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Jefferies Lowers Guidance On TreeHouse Foods
Friday, June 24, 2011 - 8:46am | 101According to Jefferies, TreeHouse Foods (NYSE: THS) lowered FY11 EPS guidance by 8-10 cents as the pricing benefit will come later than previously expected. Jefferies said that retailers are pushing back more against multiple rounds of price increases given the state of the economy and consumer,...
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Goldman Sachs Neutral On Retail
Friday, June 24, 2011 - 8:25am | 154Goldman Sachs is out with a research report on the retail sector, and it has a Neutral rating on the sector as a whole. It is positive on names like Lululemon (NASDAQ: LULU), Nordstrom (NYSE: JWN) and BJ's Wholesale (NYSE: BJ). In the note, Goldman writes, "We remain Neutral weighted on the...
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Citi Reiterates Buy Rating On ConAgra Foods Despite Tough F2011
Friday, June 24, 2011 - 8:06am | 87According to Citi, ConAgra Foods (NYSE: CAG) finishes a tough F2011. Citi said that F2011 can only be characterized as a disappointing year for ConAgra as commodity inflation outpaced ConAgra's ability to increase pricing. “Additionally, during F2011, ConAgra reduced its long-term EPS growth...
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Jefferies Reiterates Buy on Express Scripts
Friday, June 24, 2011 - 8:02am | 112Jefferies is out with its report today on Express Scripts (NASDAQ: ESRX), reiterating Buy. In a note to clients, Jefferies writes, "WAG (NYSE: WAG)/ESRX contract negotiations may be stalled for the moment but are far from dead. Potential earnings loss at WAG from a terminated ESRX relationship...
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Citigroup Raises PT On Kellogg To $62
Friday, June 24, 2011 - 7:05am | 25Citigroup has raised the price target on Kellogg (NYSE: K) from $61 to $62 and maintains its Buy rating.
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Stocks to Watch for 6/24/11: Fresh 52 Week Highs and Lows
Friday, June 24, 2011 - 4:30am | 2005Stocks 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 Thursday's trading session: 1) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...
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Top 4 Mid-Cap Stocks In The Meat Products Industry With The Highest Operating Margin
Friday, June 24, 2011 - 12:56am | 133Below are the top mid-cap meat products stocks on the NYSE, the NASDAQ and the AMEX in terms of operating margin. The trailing-twelve-month operating margin at Hormel Foods Corporation (NYSE: HRL) is 9.41%. HRL's ROE for the same period is 19.14%. The trailing-twelve-month operating margin at...