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Archer-Daniels Midland Post Strong Earnings (ADM)
Tuesday, February 2, 2010 - 11:38am | 102Archers-Daniel Midland Co. (NYSE: ADM) reported a wide earnings beat this morning and the stock is rallying on the strength of this report. The Decatur, Illinois based agricultural commodities company posted net earnings of $567 million, or $0.88 per share during fiscal Q2. Analysts were only...
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Company News for February 2, 2010 - Corporate Summary
Tuesday, February 2, 2010 - 9:30am | 309• Bank of America (NYSE:BA) upgraded ExxonMobil (NYSE:XOM) to "buy" from "neutral," with a price target of $82. • Bernstein initiated coverage of Visa (NYSE:V) and MasterCard (NYSE:MA), both with "outperform" ratings, and price targets of $104 and $325, respectively. • • Citigroup (NYSE:C)...
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Earnings Round up Of Companies Reporting Before The Bell (ADM, DOW, DHI, EMR, ETR, HSY, LKX, MRO, UPS, WHR)
Tuesday, February 2, 2010 - 6:34am | 322Archer-Daniels-Midland (NYSE: ADM): The food production company is expected to report earnings of $0.72 a share on revenues of $16.54 billion. This reflects a year-over-year fall in both earnings and revenues. Dow Chemical (NYSE: DOW): Analysts expect the chemical company to post earnings of $0.11...
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ETFs To Watch February 2, 2010 (MOO, MXI, ERY, KRE)
Tuesday, February 2, 2010 - 3:52am | 197Here is the ETF Professor's ETF Watch List for Tuesday February 2, 2010. For a play on earnings from Archer Daniels Midland (NYSE: ADM) try the Market Vectors Agribusiness ETF (NYSE: MOO). Are emerging markets back? The iShares MSCI Brazil Index (NYSE: EWZ) was up 4.5% on Monday and the iShares...
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Metlife (MET) To Acquire Alico (ALCO) For $15 Billion
Wednesday, January 20, 2010 - 12:47pm | 106According to the Wall Street Journal, Metlife Inc. (NYSE: MET) is in final discussions to acquire Alico Inc. (NASDAQ: ALCO) for $14 billion to $15 billion. Credit Suisse views the deal as a good strategic fit for Metlife and over time should help put an upward bias on its valuation multiple owing...
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Benzinga’s Top Downgrades (CPO, EDU, BIG, OKS, ECA)
Wednesday, January 20, 2010 - 9:12am | 273Corn Products International, Inc. (NYSE: CPO) declined 3.29% to $30 in the pre-market session after Corn Products International was downgraded by Citigroup to Hold from Buy and the price target reduced from $36 to $34. The 52-week trading range for CPO is $17.80 - $32.86. Corn Products closed at $...
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Agria Corporation (NYSE:GRO) On Verge of Going From Bad to Worse
Wednesday, January 13, 2010 - 11:57am | 101Agria Corporation (NYSE: GRO) is one of the day's biggest losers so far, down 5.6% on fairly heavy volume. The selling is coming in front of earnings news from competitor Origin Agritech Limited (NASDAQ: SEED), which is expected to report on Thursday. Origin Agritech's performance is expected to...
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Tim Seymour Would Buy Bunge (BG)
Wednesday, January 6, 2010 - 5:50pm | 99Tim Seymour said on CNBC's Fast Money Half Time Report that he likes Bunge Limited (NYSE: BG), because he believes that it is a fully integrated play. Additionally to producing soybeans and creating fertilizers, it also distributes these products to the consumers. The company also has some exposure...
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CZZ: Buying Brazilian Sugar
Wednesday, January 6, 2010 - 5:39pm | 561Most investors stick with one game. Stock investors trade stocks. Foreign exchange connoisseurs trade currencies. Most investors stay away from commodities entirely. The low margin requirements and additional risk tend to attract speculators and repel the everyday investor. On the other hand,...
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Stocks Moving On High Volume (S), (SEED), (BIOD)
Thursday, December 31, 2009 - 11:45am | 168Among the stocks that are moving on higher than average volume today are Sprint Nextel (NYSE: S), Biodel Inc (NASDAQ: BIOD), and Origin Agritech Limited (NASDAQ: SEED). Sprint Nextel (S) is trading down 2.12% at $3.70. Biodel Inc, a small cap specialty biopharmaceutical firm (BIOD) is up over 10%...
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Benzinga’s Top Pre- Market Losers (SEED, SBUX, FEED, WFC)
Thursday, December 31, 2009 - 8:30am | 171Origin Agritech Ltd. (NASDAQ: SEED) has decreased $0.40 or 3.13% to $12.40 in the pre-market session. The 52-week trading range for SEED is $1.70 - $14.57. So far in 2009, Origin Agritech gained over 525%. In the previous trading session, SEED closed at $12.80. Starbucks Corporation (NASDAQ: SBUX...
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Fast Money Picks For December 31th (SMH, TD, BG)
Wednesday, December 30, 2009 - 6:26pm | 157CNBC's Fast Money Joe Terranova would buy Semiconductor HOLDRs (ETF) (NYSE: SMH) on the last they of 2009. SMH gained 1.70% today as stocks like Texas Instruments (NYSE: TXN) and Intel (NASDAQ: INTC) closed in the positive territory. TXN gained 2.40% and INTC added almost 1%. Steve Cortes is...
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Benzinga’s Volume Movers (OSIS, SEED, KONG, KFRC, CALM)
Wednesday, December 30, 2009 - 2:00pm | 206OSI Systems Inc (NASDAQ: OSIS) shares rose by 8.14% to $27.10. The volume of OSIS shares traded was 6003% higher than normal. OSIS manufactures and sells specialized electronic systems to be used for homeland security, healthcare and defense. Origin Agritech Limited (NASDAQ: SEED) shares spiraled...
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Benzinga’s Top Pre- Market Losers (JDSU, UNH, SEED, FSII, TRMS, RFMD)
Tuesday, December 29, 2009 - 8:31am | 271JDS Uniphase Corporation (NASDAQ: JDSU) has decreased $0.03 or 0.36% to $8.35 in the pre-market session. JDSU made a new 52 week high yesterday at $8.75. So far in 2009, JDSU surged over 129%. In the previous trading session, JDSU closed at $8.38. UnitedHealth Group Inc. (NYSE: UNH) has declined 0...
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Benzinga’s News Roundup (BG, AZN, QCOR, BSX, CVX, MOS, PFE)
Thursday, December 24, 2009 - 9:03am | 437Bunge Limited (NYSE: BG) today announced that it has entered into an agreement to acquire Usina Moema Participacoes, a holding company for a sugar-cane mill in Brazil and ownership interests in five others, for 7.3 million shares. Bunge Limited will become the 100% owner of Usina Moema. BG closed...