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Morning Market Movers
Monday, June 6, 2011 - 9:49am | 138Read More...ADA-ES Inc (NASDAQ: ADES) shares advanced 52.20% to $15.22 at 9:45 am. ADA-ES reported a $60 million equity sale in Clean Coal Solutions LLC joint venture to an affiliate of Goldman Sachs. RXi Pharmaceuticals Corporation (NASDAQ: RXII) shares surged 21.71% to $1.57. RXII reported positive data...
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Gabelli Unitiates Coverage On Snyder's-Lance With Buy Rating
Monday, June 6, 2011 - 9:09am | 103Read More...According to Gabelli, Snyder's-Lance (NASDAQ: LNCE) coverage is initiated with a Buy rating. Gabelli said that the new entity will generate a combined $1.6 bn of revenue and approximately $170 mm of EBITDA in 2011, with the full benefits of the merger realized in 2012 and beyond. “ While...
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Gabelli Initiates Snyder's-Lance At Buy
Monday, June 6, 2011 - 8:26am | 21Read More...Gabelli & Company has initiated coverage on Snyder's-Lance (NASDAQ: LNCE) with a Buy rating.
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JP Morgan Reports on CVS Caremark
Monday, June 6, 2011 - 8:25am | 126Read More...JP Morgan commented on CVS Caremark (NYSE: CVS) in a report released today. In the report, JP Morgan was positive in its assessment of the company. JP Morgan writes, "The company has guided to an impressive target of $5.5-$6.5B in average annual cash available for enhancing shareholder value,...
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Morgan Stanley Upgrades Reynolds American To Equal Weight
Monday, June 6, 2011 - 8:14am | 103Read More...According to Morgan Stanley, Reynolds American (NYSE: RAI) is upgraded to equal weight. Morgan Stanley said that the reasons included the ongoing profitable growth of Pall Mall (the largest price-value brand ever in US cigarettes). “We are upgrading RAI to Equal-weight and instituting a $38 12-...
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Morgan Stanley Provides Color on the Beverages Sector
Monday, June 6, 2011 - 8:11am | 109Read More...Morgan Stanley provided color on the Beverages sector. In an eternal struggle between Pepsi (NYSE: PEP) and Coke (NYSE: KO), Morgan Stanley prefers Pepsi at the moment. In a research report published today, Morgan Stanley states, "We continue to prefer OW rated Pepsi (our top pick on Morgan...
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Benzinga's Top Pre-Market NASDAQ Gainers
Monday, June 6, 2011 - 8:11am | 138Read More...SunOpta Inc (NASDAQ: STKL) shares advanced 17.43% to $8.69 in the pre-market session. On CNBC's "Mad Money" Friday show, Jim Cramer said that he likes STKL. Biosante Pharmaceuticals Inc (NASDAQ: BPAX) shares advanced 7.97% to $3.25 in the pre-market session. BPAX reported lifting of clinical hold...
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ISI Maintains Hold on Walmart
Monday, June 6, 2011 - 8:07am | 102Read More...ISI is out with its report today on Walmart (NYSE: WMT), maintaining Hold. In a note to clients, ISI writes, "WMT equity looks like a better bet to us than a 10-year treasury… but its hard to see great upside as long as Capex/D&A of 160% is needed to support 4% sales growth. Management did say...
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Deutsche Bank Sees 10% Upside In Procter & Gamble
Monday, June 6, 2011 - 7:43am | 114Read More...Deutsche Bank has a Buy rating and a $72 price target on shares of Procter & Gamble (NYSE: PG). In a note to clients, Deutsche Bank writes, "Growth in US and Europe remains tepid, with mix shift to faster growing but lower gross margin developing regions persisting, a dynamic that is partially...
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Deutsche Bank Has Hold On Kraft Foods
Monday, June 6, 2011 - 7:40am | 109Read More...Deutsche Bank has a Hold rating and a $33 price target on shares of Kraft Foods (NYSE: KFT). In a note to clients, Deutsche Bank writes, "We remain cautious about Kraft's fundamentals and reiterate our $33 target. A combination of gum category weakness, loss of mgmt. talent, competitive conditions...
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Deutsche Bank Reiterating Buy On Smucker
Monday, June 6, 2011 - 7:35am | 126Read More...Deutsche Bank has a Buy rating and a $85 price target on shares of Smucker (NYSE: SJM). In a note to clients, Deutsche Bank writes, "Over the past three months, Smucker shares have largely outperformed the market (along with the entire food group) as the stock is up 15.8% vs. the S&P 500 up 0....
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Jefferies Has Buy Rating On Snyder's-Lance
Monday, June 6, 2011 - 7:28am | 112Read More...Jefferies & Co. has a Buy rating and a $23 price target on shares of Snyder's-Lance, Inc. (NASDAQ: LNCE). In a note to clients, Jefferies writes, "We hosted Snyder's-Lance on the West Coast late last week and came away quite bullish on the potential for EPS surprises in FY12 and beyond as a...
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Jefferies Provides Color On Investor Meeting Hosted By Wal-Mart
Monday, June 6, 2011 - 7:11am | 103Read More...According to a recent report from Jefferies, Wal-Mart (NYSE: WMT) hosted its Investor meeting and after a brief update on each division, Wal-Mart spent the meeting reiterating its top priority of turning the U.S. comp store sales positive. After the meeting, Jefferies reiterated a Buy rating and a...
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Morgan Stanley Downgrades Lorillard To Equal-weight, $105 PT
Monday, June 6, 2011 - 7:06am | 25Read More...Morgan Stanley has downgraded Lorillard (NYSE: LO) from Overweight to Equal-Weight and has established a $105 price target.
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Citi Reiterates Buy and PT of $70 on Wal-Mart
Monday, June 6, 2011 - 7:01am | 139Read More...Citi reiterated its Buy rating on Wal-Mart (NYSE: WMT). At the same time, Citi left its price target on the company's stock unchanged at $70. In a research report published today, Citi praised Wal-Mart's plan to mend its U.S. operations and increase its international presence in spite of a...

