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Russian Vodka Tax Increase Appears To Be Off The Table (CEDC)
Thursday, July 1, 2010 - 10:59am | 155Jefferies is telling investors that there will not be a vodka tax increase in Russia and to Buy Central European Distribution Corp. (NASDAQ: CEDC). Reports indicate that the sharp increase in vodka excise taxes recently discussed by the Russian Finance Ministry is off the table. CEDC shares have...
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A Peek Into The Market At The Start Of The Trading Day
Thursday, July 1, 2010 - 8:54am | 424Pre-open movers US stock futures fell today, as traders await the release of key US manufacturing data. Investor concerns over global economic recovery were rekindled after a similar data from China disappointed. A Peek Into Global Markets European markets have opened to the negative territory,...
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Calls Purchased on Diageo (DEO)
Monday, June 7, 2010 - 2:48pm | 108Shares of Diageo PLC (NYSE: DEO) are lower on the session by 1.01%, currently trading $61.29. The stock has been falling sharply as of late and is trading below both the 50-day and 200-day moving averages. Calls are betting on a rally in Diageo today; the July $70 strike was purchased over 1,000...
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Calls Bought on Constellation Brands
Wednesday, May 26, 2010 - 11:57am | 112Shares of Constellation Brands (NYSE: STZ) are trading higher on the session by 2.97%, currently trading $16.27. The stock has been moving lower for the past few weeks, but it appears that it is holding the 200-day moving average and may bounce from here. I am detecting call buying in the name as...
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Puts Sold in Diageo
Friday, May 14, 2010 - 11:59am | 92Shares of Diageo PLC (NYSE: DEO) are falling today by 1.69% to $63.92 and have now breeched the 200-day moving average, which is a bearish signal. Next support on the downside comes into play around $60, which is where I would expect the stock to trade down to. Options trading in Diageo PLC is...
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STZ Upgraded To Buy At Deutsche Bank
Wednesday, May 12, 2010 - 5:48am | 40Analysts at Deutsche Bank upgrade Constellation Brands (NYSE: STZ) from "hold" to "buy." STZ moved up 0.46% to close at $17.49 yesterday. More Analyst Ratings here
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Benzinga’s Volume Movers (STST, CEDC, EDMC, GXDX, HRBN)
Monday, May 10, 2010 - 12:53pm | 225ARGON ST Inc (NASDAQ: STST) shares gained 8.95% to $25.88 by 12:53 pm. The volume of STST shares traded was 1,335% higher than normal. STST is a systems engineering, development and services provider. Central European Distribution Corp (NASDAQ: CEDC) shares climbed 14.47% to $29.98. The volume of...
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CEDC Profit Warning Could Weigh On Poland ETF
Friday, May 7, 2010 - 8:28pm | 171Central European Distribution (Nasdaq: CEDC), a distributor of alcoholic beverages to Hungary, Poland and Russia, said on Friday it expects 2010 earnings of $2.10 to $2.20 per share and with the sale of its distribution business, now expects revenue of $900.0 million to $1.05 billion. That compares...
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Procter & Gamble pays more
Wednesday, April 21, 2010 - 7:06pm | 549Consumer products giant, and often misspelled, Procter & Gamble (PG) has raised it's dividend by 9.5%. Here is a glance at Procter's recent dividend history:2007 = $1.362008 = $1.552009 = $1.722010 = $1.89 (EST) This represents a compound annual growth rate of the dividend of almost 12%....
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Market Roundup (AMR, LCC, UAUA, KO, PEP, BUD, DEO, STZ, TJX, JCP, AA)
Friday, April 9, 2010 - 1:52pm | 332AMR (NYSE: AMR) chief Gerard Arpey said that consolidation in the airline sector, such as a merger of UAL (NASDAQ: UAUA) and US Airways (NYSE: LCC), would help the sector. However, he does not expect American Airlines to participate in an M&A mania that is "not a panacea." He is, instead,...
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Company News for April 9, 2010 - Corporate Summary
Friday, April 9, 2010 - 8:45am | 167• Walmart (NYSE:WMT) announced price cuts on about 10,000 items, mainly food and other staples, in an aggressive campaign to hold onto market gains as a discount leader • Constellation Brands (NYSE:STZ) reported estimate-beating results of 27 cents, three cents higher than expected, and up from 21...
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Stocks To Watch On April 9 (LCC, UAUA, STZ, BTH, SJR)
Friday, April 9, 2010 - 5:05am | 199Some of the stocks that might be worth watching today are: Merger rumors of airlines US Airways (NYSE: LCC) and UAL (NASDAQ: UAUA) had powered trading the previous day. While LCC’s stock jumped 10.70%, UAUA was up 6.75% in yesterday’s trading. Constellation Brands (NYSE: STZ) is set to report its...
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Top Performing Industries For March 30 (CNAM, AVT, GSB, CTDC, VCO)
Tuesday, March 30, 2010 - 2:02pm | 368At 2:24 p.m., Dow lost 0.61, or 0.01%, to 10,895.25, while the broader Standard & Poor's 500 index dipped 1.01, or 0.09%, to 1,172.31. The Nasdaq composite index moved up 0.60, or 0.02%, to 2404.96. The industries that are driving the market today are: Basic Materials Wholesale: The top gainer...
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There Are Still Some Bargains In The Market; Barron’s (LLY, PFE, GS, MS, CVX)
Monday, March 29, 2010 - 5:41pm | 496According to a report by Barron’s, despite the rally in the S&P 500, which has been up 70% since March 2009, there are still some bargains in the market. There still some companies trading at a multiple of less than 10 times their projected 2010 earnings. Barron’s list includes 19 such stocks...
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Jim Cramer Gives His Opinion On KSS, TTWO, ERTS, BAC, APWR, SNE, AAPL, DEO
Monday, March 22, 2010 - 7:12pm | 359Jim Cramer said on CNBC's Mad Money that Kohl's Corporation (NYSE: KSS) is a buy. He added that Kohl's (KSS) is a terrific place to shop with cheap prices and this franchise is still growing. Kohl's (KSS) gained 0.83% and closed at $55.72. Cramer believes that Electronic Arts Inc. (NASDAQ: ERTS) is...