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8 Stocks With Significant Insider Buying
Friday, June 10, 2011 - 11:07am | 556Insider Monkey provides free insider trading and hedge fund holdings data. We believe insiders have an edge over other investors because insiders know more about their companies than do outsiders. That's why insiders aren't allowed to trade based on material non-public information. Most insiders...
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Castle Brands Announces $7.0 Million Private Placement
Thursday, June 9, 2011 - 7:33am | 288Castle Brands Inc. (NYSE: ROX) announced that it has entered into definitive agreements to issue an aggregate of approximately $7.0 million of the Company's 10% Series A Convertible Preferred Stock, stated value $1,000 per share, in a series of private placement transactions. Richard J. Lampen,...
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Thursday's Stocks to Watch, Jun 09
Wednesday, June 8, 2011 - 4:22pm | 1483( click to enlarge ) Netflix, Inc. (NASDAQ:NFLX) tried to move to higher price levels, but was not accompanied by volume so it dropped today. According to the technical daily chart above no pattern has emerged yet, but what NFLX needs is additional volume in its upward move for it to reach the...
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Options Brief: Central European Distribution Corporation
Tuesday, June 7, 2011 - 12:00pm | 80Shares of Central European Distribution Corporation (NASDAQ: CEDC) are higher on the session by 1.53%, trading at $11.91. Overall put volume is now running at 2.75x the daily average, with 24% of all puts traded being purchases on the offer. 9,349 contracts have traded on the session so far....
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Market Roundup
Monday, June 6, 2011 - 9:47am | 219Shares of G-III Apparel Group Ltd (NASDAQ: GIII) fell about 0.4% as the company is all set to report its quarterly results after the closing bell. Analysts expect G-III Apparel to report its Q1 EPS of $0.04 on revenue of $195.36 million. Shares of Lowe's Companies Inc (NYSE: LOW) dropped about 1....
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Diageo To Buy 20% Stake In Kenyan Unit From SABMiller
Monday, June 6, 2011 - 2:35am | 78Diageo Plc (NYSE: DEO) reported that its subsidiary East African Breweries Ltd has agreed to acquire a 20% stake in its Kenyan unit from SABMiller's (OTC: SBMRF) Africa unit for 19.53 billion shillings ($225 million). In late 2010, EABL bought a 51% stake in another Tanzanian brewer, Serengeti...
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Jefferies Raises PT On Diageo To $98.87
Friday, June 3, 2011 - 5:19am | 26Jefferies & Company has raised the price target on Diageo (NYSE: DEO) from $91 to $98.87 and maintains its Buy rating.
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Benzinga's Top Pre-Market NASDAQ Losers
Tuesday, May 31, 2011 - 7:27am | 148Avago Technologies Limited (NASDAQ: AVGO) dipped 3.11% to $33.92 in the pre-market session. AVGO reported the sale of 25,000,000 ordinary shares by certain existing shareholders to Deutsche Bank Securities Inc, Barclays Capital Inc and Citi. RF Micro Devices Inc (NASDAQ: RFMD) dropped 1.14% to $6....
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UPDATE: John Mann Reaffirms Denial of Abramovich Rumored Buyout of Central European Distribution Company
Wednesday, May 25, 2011 - 7:46am | 93In a Bloomberg report, John Mann, a spokesman for Roman Abramovich, denied rumors posted on Benzinga.com. Yesterday, Benzinga reported rumors that the billionaire was interested in buying the world's largest vodka producer, Central European Distribution Company (NASDAQ: CEDC). Benzinga called Mann...
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Morgan Stanley Reports Constellation Brands Remains Equal-Weight
Thursday, May 19, 2011 - 8:35am | 150According to Morgan Stanley, Constellation Brands (NYSE: STZ) hosted an analyst meeting yesterday, during which the company gave a bullish presentation highlighting that they were well positioned to benefit from improving alcohol industry trends. Morgan Stanley said that there was not much new...
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J.P. Morgan Maintains Neutral on Constellation Brands
Thursday, May 19, 2011 - 7:07am | 107J.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 11.6x consensus NTM estimates. Category trends are improving, and the company is improving the overall business by focusing on margin...
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How strong General Motors (GM) competitive position could be?- Margins matter
Monday, May 16, 2011 - 3:56am | 1403The more General Motors (GM) earns in revenue the more it can invest in research and development, mergers and acquisitions, growth, strategic planning. General Motors Company (GM) TTM Gross Margin- 12.8%, TTM Operating Margin- 4.3%, TTM Net Margin- 4.6%. Toyota Motor (TM) TTM Gross Margin- 13%,...
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Long CHKP and STZ
Thursday, May 12, 2011 - 2:05pm | 139I finally pulled the trigger on two trades this afternoon. The first being in Check Point Software Technologies (CHKP) at $54.19 and the second one being in Constellation Brands (STZ), which was also listed as my daily long setup this morning. I'll likely be dumping off a few other non-performing...
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Daily Long and Short Setup
Thursday, May 12, 2011 - 10:50am | 85The bulls have done a good job of erasing the early morning lows. I have yet to put on any new positions, but I am watching closely Constellation Brands (STZ) at $22.90 for an entry. LONG: Constellation Brands (STZ) Read more...
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Citi Reports Disappointing 1Q11 Results For CEDC
Thursday, May 5, 2011 - 7:56am | 69According to Citi, CEDC (NASDAQ: CEDC) saw disappointing 1Q11 results. Citi said that CEDC released disappointing 1Q11 results; maintains FY guidance on expected 2H11 turnaround. “Russian volumes collapsed 15%. Comparable operating margins shrunk to a mere 3% from 18% last year. Comparable net...