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Darling International (DAR) Shares Down Nearly 5%
Thursday, March 4, 2010 - 1:12pm | 63Shares of Darling International Inc. (NYSE: DAR) are down more than 5% from yesterday's closing price of $8.19. The shares opened lower than yesterday's close, had a brief rally pushing the stock price as high as $8.28 before entering a steady decline, falling as low as $7.60. The market is...
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Company News for March 2, 2010 - Corporate Summary
Tuesday, March 2, 2010 - 9:49am | 234• Qualcomm (NASDAQ:QCOM) raised its dividend 12% to 19 cents and announced plans to buy back $3 billion in shares • Fresh Del Monte Produce (NYSE:FDP) beat estimates with fourth quarter earnings of 36 cents a share, two cents above projections, on $872.1 million in revenues, which beat expectations...
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Stock Market News for March 2, 2010 - Market News
Tuesday, March 2, 2010 - 9:46am | 461Increased activity on the mergers and acquisitions front and an upbeat outlook from SanDisk on the semiconductor industry sent U.S. stocks higher Monday, with both Nasdaq and the S&P 500 index jumping back into positive territory for the year. Hopes that Greece would find a way out of the...
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Fresh Del Monte’s Fourth-quarter Results Exceed Expectations (FDP)
Tuesday, March 2, 2010 - 9:43am | 120Fresh Del Monte Produce, Inc. (NYSE: FDP), the fruit and vegetable producer, posted fourth-quarter net profit of $28.2 million or 44 cents per share. The EPS excluding items was 36 cents, higher than the consensus estimate of 34 cents. The company’s better-than-expected performance is driven by...
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Benzinga’s Top Pre-Market Gainers (FDP, QCOM, AUDC, DEER)
Tuesday, March 2, 2010 - 8:27am | 223Fresh Del Monte Produce Inc. (NYSE: FDP) increased 9.67% to $21.77 in the pre-market session. Fresh Del Monte Produce reported today a fourth-quarter earnings of $28.2 million, or $0.44 per share, from $22.9 million, or $0.36 per share, in the year-ago period. Sales rose to $872.1 million from $831...
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Top 5 Stocks For March 2, 2010 (AZO, DPZ, FDP, SPLS, PAY)
Tuesday, March 2, 2010 - 6:31am | 227Analysts are expecting AutoZone Inc (NYSE: AZO) to post earnings of $2.34 per share when the company reports its results before the markets open. AZO fell 0.09% to $165.85 in after hours trading. Pizza delivery king Domino's Pizza Inc (NYSE: DPZ) expects to post an EPS of $0.25 for the latest...
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Brazil May Start Its Own Fertilizer Company
Wednesday, February 24, 2010 - 3:49am | 157Brazil, home to South America's largest economy, is considering the formation of its own fertilizer company as the company moves to become less dependent on foreign imports of potash, phosphate and nitrogren fertilizers. Brazil has the set goal of supplying all of its own fertilizer by 2020....
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DAR Initiated With Buy
Friday, February 19, 2010 - 10:14am | 66Jesup & Lamont initiated coverage of Darling International (NYSE: DAR) with a “buy” rating. The target price for DAR is set to $10. According to Jesup & Lamont, investors are underestimating the accretion from the renewable diesel joint venture to DAR’s earnings. DAR’s shares closed at $8....
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Darling International Upgraded (DAR, VLO)
Friday, February 19, 2010 - 9:08am | 157Jesup & Lamont initiated coverage on Darling International (NYSE: DAR) this morning with a Buy rating and a price target of $10. The firm belives Darling, which provides rendering and recycling solutions to the food industry, stands to benefit significantly from a renewable diesel joint venture...
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Peak6 Believes Mosaic (MOS) Should Be On Your Radar
Wednesday, February 10, 2010 - 5:04pm | 150Mosaic (NYSE: MOS) gave a very bullish conference call today, saying that the demand for fertilizers is rising. Jared Levy of Peak6 said that investors should take a closer look at agriculture stocks, because he expects fertilizer prices to go up on a strong demand. He especially likes Mosaic (MOS...
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Fast Money Halftime Report (VALE, BHP, TEVA, GOOG, ADM, MOS)
Wednesday, February 10, 2010 - 1:08pm | 213The Fast Money Halftime Report just wrapped up on CNBC. Joe Terranova said that he thinks if you are going to trade oil futures and the energy sector that you need to be long. He said that you can maybe trade copper from the short side, however. Tim Seymour said that "the China story is not...
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Darling International to Fall?
Monday, February 8, 2010 - 10:55am | 137Provider of rendering, recycling and recovery solutions to the United States food industry, Darling International (NYSE: DAR), is seeing some put activity this morning in the March contract. The March $7.50 puts were bought, on the offer, for $0.30 1,500 times; this volume is above open interest on...
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Company News for February 5, 2010 - Corporate Summary
Friday, February 5, 2010 - 9:25am | 198• Air Products (NYSE:APD) announced plans to acquire Airgas (NYSE:ARG) for $60 per share, or $5.1 billion • Aetna (NYSE:AET) reported earnings of 40 cents, two cent off estimates of 42 cents, on revenues of $8.7 billion, slightly better than the $8.65 billion expected. Below-Street guidance was...
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Archer Daniels Midland Company (ADM) Increases Dividend
Thursday, February 4, 2010 - 11:25am | 63Archer Daniels Midland Company (NYSE: ADM) announced on Thursday that it would raise its quarterly dividend 1 cent, from 14 cents per share to 15 cents per share. Archer Daniels Midland Company will pay its next dividend on March 11 to shareholders of record as of February 18. Shares of Archer...
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Benzinga’s Top Downgrades (MPWR, CHRW, CPO, KNXA, ARMH)
Wednesday, February 3, 2010 - 9:26am | 280Monolithic Power Systems, Inc. (NASDAQ: MPWR) declined 2.33% to $21 in the pre-market session after Monolithic Power Systems was downgraded by Wedbush Morgan to Underperform from Neutral and the price target reduced from $28 to $18. The 52-week trading range for MPWR is $11.26 - $25.26. Monolithic...