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Jefferies Maintains Buy on Archer-Daniels-Midland
Tuesday, August 2, 2011 - 8:31am | 105Jefferies is out with its report today on Archer-Daniels-Midland (NYSE: ADM), maintaining Buy. In its report, Jefferies writes, "ADM reported F4Q EPS of $0.58, well below the $0.83 Street estimate. Importantly, the F4Q tax rate came in at 50%, almost 2X the 27% run rate and implied guidance. Ex...
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Earnings Roundup
Tuesday, August 2, 2011 - 8:30am | 1919Archer Daniels Midland Co (NYSE: ADM) reported a decline in its fiscal fourth-quarter profit. Archer Daniels Midland reported its quarterly profit at $381 million, or $0.58 per share, down from $446 million, or $0.69 per share, in the year-earlier period. Analysts were expecting earnings of $0.85...
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Scotia Capital Maintains Sector Outperform On Bunge Limited
Tuesday, August 2, 2011 - 8:12am | 100Scotia Capital is out with a research report on Bunge Limited (NYSE: BG) and it has a Sector Outperform rating and a $82 price target on shares. In a note to clients, Scotia Capital writes, "Strong results from Agribusiness and Food & Ingredients. Market volatility and strong demand for grains...
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Benzinga's Top Pre-Market Losers
Tuesday, August 2, 2011 - 6:54am | 100MetroPCS Communications Inc (NYSE: PCS) dipped 10.38% to $14.50 in the pre-market session. PCS reported downbeat Q2 profit. Archer-Daniels-Midland Company (NYSE: ADM) lost 6.10% to $28.62 in the pre-market session. ADM reported weaker-than-expected fiscal fourth-quarter profit. Pfizer Inc (NYSE...
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News Summary for August 2, 2011
Tuesday, August 2, 2011 - 6:53am | 516This is your Benzinga news summary and traders' outlook for Tuesday, August 2, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower even after the House voted to pass a deal to raise the nation's debt...
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UPDATE: Archer Daniels Midland Reports Weaker-Than-Expected FQ4 Profit; Shares Down In Pre-Market
Tuesday, August 2, 2011 - 6:36am | 73Archer Daniels Midland Co (NYSE: ADM) reported a decline in its fiscal fourth-quarter profit. Archer Daniels Midland reported its quarterly profit at $381 million, or $0.58 per share, down from $446 million, or $0.69 per share, in the year-earlier period. Analysts were expecting earnings of $0.85...
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US Stock Futures Signal Lower Start On Wall Street
Tuesday, August 2, 2011 - 5:29am | 518US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dipped 49 points to 11,991.00 and S&P 500 index futures fell 6.50 points to 1,273.20. Nasdaq 100 futures dropped 10.25 points to 2,335.75. US stocks closed lower on Monday, with the Dow Jones Industrial...
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Top 4 Stocks In The Farm Products Industry With The Highest Dividend Yield
Tuesday, August 2, 2011 - 2:53am | 108Below are the top farm products stocks on the NYSE and the NASDAQ in terms of dividend yield. Calavo Growers Inc (NASDAQ: CVGW) has a dividend yield of 2.70%. CVGW's shares closed at $20.47 yesterday. Archer-Daniels-Midland Company (NYSE: ADM) has a dividend yield of 2.10%. ADM's shares closed at...
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Earnings Scheduled For August 2
Tuesday, August 2, 2011 - 2:46am | 571Hyatt Hotels Corporation (NYSE: H) is expected to report its Q2 EPS at $0.15 on revenue of $910.14 million. Archer-Daniels-Midland Company (NYSE: ADM) is projected to report its FQ4 EPS at $0.85 on revenue of $20.43 billion. Coach Inc (NYSE: COH) is projected to report its Q4 EPS at $0.65 on...
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Stocks To Watch For August 2
Tuesday, August 2, 2011 - 2:02am | 240Some of the stocks that may grab investor focus today are: Wall Street expects Pfizer Inc (NYSE: PFE) to report its Q2 EPS at $0.59 on revenue of $16.98 billion. Pfizer shares gained 1.21% to $19.24 in after-hours trading. FMC Corp (NYSE: FMC) reported its Q2 profit at $107.2 million, or $1.49...
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Earnings Expectations for the Week of August 1
Sunday, July 31, 2011 - 9:02am | 1197Quarterly reports of note scheduled for this week include those from Archer Daniels Midland (NYSE: ADM), General Motors (NYSE: GM), MasterCard (NYSE: MA), Procter & Gamble (NYSE: PG) and Time Warner (NYSE: TWX), all of which are expected to post earnings growth, as well as Pfizer (NYSE: PFE)...
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Bank of America Comments on EPS at Bunge Limited
Friday, July 29, 2011 - 8:34am | 158Bank of America has published a report on Bunge Limited (NYSE: BG) focusing on EPS changes. In the report, Bank of America wrote, "BG reported 2Q11 EPS of $1.79, $0.29 ahead of our estimate. Key takeaways from quarter: 1) Agribusiness results were solid in the quarter as a result of large...
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Morgan Stanley Reiterates Overweight on Archer Daniels Midland
Friday, July 29, 2011 - 6:39am | 46Morgan Stanley reiterated its Overweight rating on Archer Daniels Midland (NYSE: ADM). At the moment, the rating agency has a price target of $40 placed on the company's stock. On Thursday, ADM lost 0.64% of its value to stand around $30.81.
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Morgan Stanley Reiterates Equal-Weight on Bunge
Friday, July 29, 2011 - 6:32am | 47Morgan Stanley reiterated its Equal-Weight rating on Bunge (NYSE: BG). At the moment, the rating agency does not have a price target placed on the company's stock. On Thursday, BG lost 2.18% of its value to finish the day at $69.44.
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Archer Daniels Midland Earnings Preview: Analysts Expect Rising Revenue Over Previous Quarter
Thursday, July 28, 2011 - 1:38pm | 574Archer Daniels Midland (NYSE: ADM) unveils its next round of earnings this Tuesday, August 2, 2011. Here's Benzinga's advanced look at Archer Daniels Midland's fourth quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS of 86 cents per share and revenues...