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Jefferies Lowers PT on Central European Distribution To $12
Tuesday, August 2, 2011 - 6:18am | 28Jefferies & Company has lowered the price target on Central European Distribution (NASDAQ: CEDC) from $20 to $12 and maintains its Buy rating.
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JP Morgan Reiterates Underweight on Central European Distribution
Tuesday, August 2, 2011 - 5:34am | 45JP Morgan reiterated its Underweight rating on Central European Distribution (NASDAQ: CEDC). On Monday, CEDC lost 1.65% of its value to end the day at $9.52. Its shares continued to slide in today's pre-market trading, falling 0.21% to stand around $9.50.
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Stocks to Watch for Tuesday 8/02/2011: Fresh 52-Week Highs and Lows
Tuesday, August 2, 2011 - 3:20am | 3164Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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Calls Purchased on Central European Distribution
Wednesday, July 27, 2011 - 11:27am | 116Shares of Central European Distribution (NASDAQ: CEDC) are lower on the session by 5.29%, currently trading at $10.21. The stock has been moving largely lower over the past five months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A...
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Greek Consumers Cut Alcohol, Fast Food as Austerity Bites
Tuesday, July 26, 2011 - 10:23am | 501By Justin Rohrlich Over the weekend, Athens newspaper Kathimerini ran a headline reading: “Alcohol and fast food are first to go for Greek consumers.” Quoting a recent study by the Boston Consulting Group, Kathimerini reports 58% of Greeks “are planning to reduce their food budget,” beginning...
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Puts Purchased on Central European Distribution
Monday, July 25, 2011 - 2:31pm | 116Shares of Central European Distribution (NASDAQ: CEDC) are lower on the session by 2.12%, currently trading at $10.61. The stock has been moving largely lower over the past six months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A...
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Central European Distribution Corporation Announces that Licenses for All Russian Facilities Have Successfully Been Obtained
Wednesday, July 13, 2011 - 1:50pm | 175Central European Distribution Corporation (NASDAQ: CEDC) today announced that all 13 licenses for all of its Russian facilities for production, storage and wholesale of spirits that had been up for renewal in 2011 have been successfully renewed and extended for five years. William Carey,...
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Top 4 Stocks In The Beverages-Wineries & Distillers Industry With The Highest Cash
Friday, July 8, 2011 - 1:00am | 127Below are the top beverages-wineries & distillers stocks on the NYSE and the NASDAQ in terms of cash. Diageo plc (NYSE: DEO) had $2.47 billion in total cash and $13.88 billion in total debt for the latest quarter. Brown Forman Inc (NYSE: BF-B) had $567.00 million in total cash and $759.00...
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J.P. Morgan Maintains Neutral on Constellation Brands
Friday, July 1, 2011 - 7:19am | 111J.P. Morgan is out with its report today on Constellation Brands (NYSE: STZ), maintaining Neutral. In a note to clients, J.P. Morgan writes, "We rate STZ Neutral at 10.6x consensus NTM estimates. Based on the current multiple and projected flat-to-LSD EPS growth, we think valuation is fair. Our...
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UPDATE: Constellation Brands Reports Q1 Net Income of $74.5M
Thursday, June 30, 2011 - 7:01am | 91Constellation Brands Inc (NYSE: STZ) released its quarterly results on Thursday. STZ reported its Q1 net income at $74.5 million, or $0.35 per share, up from $49.1 million, or $0.22 per share, in the year-earlier period. Excluding items, the company's profit came in at $0.39 per share. STZ's net...
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News Summary for June 30, 2011
Thursday, June 30, 2011 - 6:59am | 413This is your Benzinga news summary and traders' outlook for Thursday, June 30, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher and the U.S. dollar lower after Greece voted yesterday to cut...
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US Stock Futures Up Ahead Of Jobless Claims, Chicago PMI Data
Thursday, June 30, 2011 - 5:24am | 444US stock futures are higher this morning, as investors are awaiting jobless claims and Chicago PMI data. Futures on the Dow Jones Industrial Average surged 24 points to 12,242.00 and futures on the S&P 500 stock index rose 2.50 points to 1,306.80. Nasdaq 100 futures gained 6.00 points to 2,300....
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Earnings Scheduled For June 30
Thursday, June 30, 2011 - 12:17am | 387Apollo Group Inc (NASDAQ: APOL) is expected to report its Q3 earnings at $1.34 per share on revenue of $1.20 billion. McCormick & Company Incorporated (NYSE: MKC) is projected to post its Q2 EPS at $0.54 on revenue of $855.16 million. Smith & Wesson Holding Corp (NASDAQ: SWHC) is...
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Goldman Sachs Comments On 1QFY12 Results For Constellation Brands
Tuesday, June 28, 2011 - 8:41am | 89According to Goldman Sachs, Constellation Brands (NYSE: STZ) reports its 1QFY12 EPS on Thursday June 30. Goldman Sachs said that it expects a relatively soft quarter as its EPS estimate of 35c is below consensus of 38c and down 10% versus a year ago. “We lower our 1QFY12 EPS by 2c to 35c to...
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Under The Hood: The "Other" International Staples ETF
Thursday, June 23, 2011 - 1:06pm | 420When it comes to international consumer staples ETFs, the iShares S&P Global Consumer Staples ETF (NYSE: KXI) is the big kahuna. KXI, which is nearly five years old, has $351.6 million in assets under management, giving it a dominant position in this niche of the ETF world. Well, as is often...