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Hottest and Coldest Sectors for Friday 7/8/11
Friday, July 8, 2011 - 4:24pm | 1918The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...
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Morgan Staney Coverage Discontinuations 7/6, Part 3
Thursday, July 7, 2011 - 6:31am | 166Morgan Stanley has discontinued coverage on the following companies: Dole Food (NYSE: DOLE) HJ Heinz (NYSE: HNZ) Del Monte Produce (NYSE: FDP) The Hershey Company (NYSE: HSY) ConAgra Foods (NYSE: CAG) Campbell Soup (NYSE: CPB) General Mills (NYSE: GIS) Sara Lee (NYSE: SLE) Chiquita Brands (NYSE:...
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Classic Summer Mode 07-05-2011
Tuesday, July 5, 2011 - 5:16pm | 828Cusick's Corner The markets were, well in summer mode. This is the type of action that one could expect into an employment number at the end of the week and with earnings coming. The market had low volume with choppy action and while the bid has been nibbling, the future data has been holding the...
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Classic Summer Mode 07-05-2011
Tuesday, July 5, 2011 - 5:16pm | 828Cusick's Corner The markets were, well in summer mode. This is the type of action that one could expect into an employment number at the end of the week and with earnings coming. The market had low volume with choppy action and while the bid has been nibbling, the future data has been holding the...
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Market After Last Week's Rally 07-05-2011
Tuesday, July 5, 2011 - 1:57pm | 927Cusick's Corner Because of an absence of trading catalysts, the market is likely to stay in a range for the rest of the day and just continue to chop around. This makes the current market a little more difficult to trade, at least from a two-sided perspective. I previously noted that spreading...
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Calls Purchased on Bunge Limited
Tuesday, July 5, 2011 - 11:14am | 119Shares of Bunge Limited (NYSE: BG) are higher on the session by 0.90%, currently trading at $70.35. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the...
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Top 4 Stocks In The Cleaning Products Industry With The Highest Profit Margin
Thursday, June 30, 2011 - 11:26pm | 129Below are the top cleaning products stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at Church & Dwight Company Inc (NYSE: CHD) is 10.56%. CHD's ROE for the same period is 15.12%. The trailing-twelve-month profit margin at Ecolab Inc (NYSE:...
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Fast Money Picks For July 1st (DAR, TSL, WFC, GLW)
Thursday, June 30, 2011 - 5:50pm | 205On CNBC's Fast Money, Joe Terranova said that if you are in the agriculture trade, you have to be concerned. He closed his position in Darling International Inc. (NYSE: DAR), and he has no exposure to this space. Darling International Inc. (DAR) dropped 4.32% today, and it closed at $17.70. Guy...
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KeyBanc Capital Markets Initiates Corn Products International Coverage; Hold
Wednesday, June 29, 2011 - 3:26pm | 90KeyBanc Capital Markets initiated Corn Products International (NYSE: CPO) coverage with a Hold rating in a research report published today. In the report, KeyBanc Capital Markets states, "In short, we think CPO is operating in highly favorable conditions, and we believe the National Starch...
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Gabelli Maintains Buy on Corn Products International
Wednesday, June 29, 2011 - 8:16am | 96Gabelli is out with its report today on Corn Products International (NYSE: CPO), maintaining Buy. In a note to clients, Gabelli writes, "The agriculture sector is experiencing strong fundamentals with corn futures at $6.27 per bushel, double the 2010 price level of $3.12. High prices are expected...
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Stocks to Watch for 6/24/11: Fresh 52 Week Highs and Lows
Friday, June 24, 2011 - 3:30am | 2005Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...
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How a Depleted Corn Supply Could Wreak Havoc on Agriculture Stocks
Thursday, June 23, 2011 - 10:43am | 1482By Tom Clancy Disastrous weather has put this year's crop report in question, and could affect fertilizer stocks, crop insurance, and more. “Soldiers of corn, lend me your ears!” --El Seed in The Tick The Ag trade consists of 4 parts: 1) Seeds Monsanto (NYSE: MON) DuPont (NYSE: DD) 2)...
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Goldman Sachs Updates EPS Estimates on Darling International
Thursday, June 16, 2011 - 6:49am | 90Goldman Sachs is out with its report today on Darling International (NYSE: DAR), updating EPS estimates. In a note to clients, Goldman Sachs writes, "We have updated 2Q11-4Q11 EPS estimates to $0.43/$0.36/$0.34 from $0.34/$0.36/$0.42, but maintain our FY11-FY13 EPS estimates of $1.55/$1.42/$1.38....
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Alico Hires Chief Financial Officer
Monday, June 13, 2011 - 3:30pm | 148Alico, Inc. (Nasdaq: ALCO) announced today the hiring of Mark Humphrey as Chief Financial Officer, effective June 20, 2011. Mr. Humphrey will be responsible for all corporate finance, treasury and accounting functions for Alico, Inc. and its subsidiaries. Mr. Humphrey most recently was the Chief...
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ETF Showdown: A Dash For Trash
Friday, June 10, 2011 - 2:06pm | 430Take off those white gloves and prepare to get dirty because there might just be something to investing in trash. No, this won't require actually rummaging through dumpsters, but this week's “ETF Showdown” is one various organized crime folks populating the Northeast may love because we're pitting...