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A Peek Into The Market Before The Trading Starts
Tuesday, November 2, 2010 - 6:16am | 470Pre-open movers US stock futures moved up today. Futures on the Dow Jones Industrial Average gained 29 points to 11,119, while the S&P 500 futures rose 4.40 points to 1,187.50. Nasdaq 100 futures surged 7 points to 2,136.00. A Peek Into Global Markets Positive sentiments ruled the European...
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US Stock Futures Up As Investors Await Earnings Report By Pfizer
Tuesday, November 2, 2010 - 6:00am | 227US stock futures moved up as the investors are looking for earnings report by Pfizer Inc (NYSE: PFE). The voters also cast their votes in mid-term elections. Futures on the Dow Jones Industrial Average gained 29 points to 11,119, while the S&P 500 futures rose 4.40 points to 1,187.50. Nasdaq...
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Fresh Del Monte Posts Weaker-Than-Expected Q3 Results
Tuesday, November 2, 2010 - 5:22am | 57Fresh Del Monte (NYSE: FDP) reports its adjusted Q3 EPS at $0.22, missing the consensus of $0.28. FDP reports its Q3 revenue at $793.1 million, versus the estimates of $797.4 million. FDP shares lost 1.72% to close at $21.75 yesterday. Read more from Benzinga's Company news.
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Fresh Del Monte Produce Misses Estimates (FDP)
Tuesday, November 2, 2010 - 5:15am | 275Fresh Del Monte Produce, Inc. (NYSE: FDP) released financial results on Tuesday morning that missed Wall Street estimates. Fresh Del Monte Produce, Inc announced that its 3rd quarter net income fell to $14.5 million, or 24 cents per share, down from $28.6 million, or 45 cents per share, a year...
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Fast Money Traders Share Their Thoughts On KFT, CVS, ADM And QCOM
Friday, October 29, 2010 - 9:00pm | 308On CNBC's Fast Money, Karen Finerman said that she will be watching closely Kraft Foods Inc. (NYSE: KFT) earnings next week. She said that she is interested to hear what Kraft (KFT) has to say about its input costs. Kraft (KFT) still has a tail wind from Cadbury acquisition, but now there are some...
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CPO Looking Good, NS Acquisition Favorable
Friday, October 29, 2010 - 7:29am | 148BB&T Capital Markets has reiterated its Buy rating on Corn Products International (NYSE: CPO) after the company reported 3Q EPS results above expectations. In the report, BB&T writes "CPO reported Q3'10 EPS of $0.81 compared to our and the consensus estimate of $0.78. Net sales were roughly...
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Corn Products International (CPO) Posts Mixed Results
Thursday, October 28, 2010 - 5:21am | 285Corn Products International, Inc. (NYSE: CPO) on Thursday morning released financial results that barely beat Wall Street earnings expectations, while just missing revenue estimates. Corn Products International, Inc reported that its 3rd quarter net income dropped to $36.9 million, or 48 cents a...
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Chiquita (NYSE: CQB) Looks to Harvest Fresh Growth
Tuesday, October 26, 2010 - 1:25pm | 1195With seasonal apples virtually everywhere here in Vermont it's almost impossible not to think about the importance of fresh fruit in our diets. Of course, as an independent investor I spend as much time considering potential ways to profit from the fresh food movement as I do putting...
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Chiquita (NYSE: CQB) Looks to Harvest Fresh Growth
Tuesday, October 26, 2010 - 1:25pm | 1195With seasonal apples virtually everywhere here in Vermont it's almost impossible not to think about the importance of fresh fruit in our diets. Of course, as an independent investor I spend as much time considering potential ways to profit from the fresh food movement as I do putting...
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Puts Purchased on Archer Daniels Midland (ADM)
Tuesday, October 26, 2010 - 12:13pm | 142Shares of Archer Daniels Midland Co. (NYSE: ADM) are lower on the session by 0.65%, currently trading at $33.49. The stock has been moving largely higher over the past six months and is trending higher above the 50-day and the 200-day moving averages. Options traders are buying puts on the name...
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Sunday Morning Coffee
Sunday, October 17, 2010 - 7:10am | 575Barron's had this to say about Farmland courtesy of TIAA CREF; "From a historic perspective, it has delivered a fairly stable 8% to 12% return" annually, said Jose Minaya, managing director for natural resources. Soybean, corn and wheat prices can be volatile, but farmland is a finite resource and...
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THE SUBPRIME DEBACLE: ACT 2
Saturday, October 16, 2010 - 11:27pm | 5198By John Mauldin Trouble, oh we got trouble, Right here in River City! With a capital “T” That rhymes with “P” And that stands for Pool, That stands for pool. We've surely got trouble! Right here in River City, Right here! Gotta figger out a way To keep the young ones moral after school! Trouble...
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ETF Trends… Bubble in Agriculture? (MOO, POT, MON, ADM, MOS, BHP)
Thursday, October 14, 2010 - 8:24am | 159Higher ethanol, potash demand, ag-super-mergers, surging food prices… and now an ETF crossing the $2 billion in assets mark. You have to ask if a bubble is being formed in agriculture. Today came news from Van Eck Global that its Market Vectors Agribusiness ETF (NYSE: MOO), the most targeted ETF...
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EPA Press Conference Today At 1pm EST
Wednesday, October 13, 2010 - 5:48am | 291Deutsche Bank has issued an industry alert on Food companies, stating that a press conference will be held today at 1pm with EPA Assistant Administrator for Air and Radiation Gina McCarthy. In the report, Deutsche Bank writes "Recall that 2007 model year and newer vehicles make up only 18% of the...
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Unconfirmed Rumor that Cosan (Private) will acquire Origin Agritech Limited (SEED) at $15.00 a share
Wednesday, October 6, 2010 - 9:03am | 21Unconfirmed Rumor that Cosan (Private) will acquire Origin Agritech Limited (SEED) at $15.00 a share.