-
ANDE Q4 Results Ahead, Bullish On Andersons
Tuesday, February 9, 2010 - 2:59pm | 135Analyst Ian Horowitz of Rafferty Capital Markets maintains his "buy" rating on The Andersons Inc (NASDAQ: ANDE). The target price for ANDE is set to $33. Andersons reported its Q4 results ahead of the consensus and the estimates, despite its struggling Rail, Turf & Specialty and Retail segments...
-
SYSCO Corporation (SYY) Estimates And Price Target Raised
Tuesday, February 2, 2010 - 11:00am | 115Analyst Ajay Jain at Hapoalim Securities has released an update on SYSCO Corporation (NYSE: SYY). The company reported EPS of $0.45 for the second quarter, beating analysts’ and consensus estimates. The upside was mainly provided by a $25 million decline in payroll expenses. Hapoalim Securities...
-
Stock Market News for February 1, 2010 - Market News
Monday, February 1, 2010 - 10:23am | 480Stocks ended the first month of 2010 on a disappointing note as weaker earnings numbers and uncertainty about the fate of the economy prompted investors to pull money out of the market. A better-than-expected gross domestic product data gave markets an initial boost but the advance petered out as...
-
Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) and Diedrich Coffee Inc to Make Additional Disclosures to FTC (GMCR, DDRX)
Thursday, January 14, 2010 - 5:24pm | 95Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) and Diedrich Coffee Inc (NASDAQ: DDRX) have to submit additional information in relation to their merger deal to the U.S Federal Trade Commission at the earliest. The date for submission of disclosure documents has been extended. Green Mountain and...
-
Green Mountain Coffee Roasters (GMCR) Extends Offer For Diedrich Coffee (DDRX)
Monday, January 11, 2010 - 2:25pm | 99Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) said that its unit Pebbles Acquisition Sub Inc. extended its cash tender offer for Diedrich Coffee Inc. (NASDAQ: DDRX) by 20 business days. The share price for Green Mountain Coffee Roasters was $81.85 whereas that of Diedrich Coffee was $34.92....
-
Green Mountain Coffee Roasters Inc. (GMCR) To Submit Diedrich Coffee Inc. (DDRX ) Filing
Tuesday, December 29, 2009 - 12:57pm | 132Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) will submit its filing for the purchase of Diedrich Coffee Inc. (NASDAQ: DDRX) with the antitrust division of the Federal Trade Commission today. Green Mountain had voluntarily withdrawn its previous filing with the antitrust division after a...
-
Hedge Funds To Invest In Farm Lands (DOLE, ANDE)
Monday, December 28, 2009 - 12:58pm | 103Dixon Boardman, a veteran American hedge-fund manager, launched a $100m fund to invest in American farmland. In its first year, the fund, called the American Farmland Company, will buy up to 15 farms, totaling 10,000 acres. Boardman believes that economic recovery, continued population growth and...
-
United Natural Foods Q1 Profit Rises
Thursday, December 10, 2009 - 9:48am | 115United Natural Foods Inc. (NASDAQ: UNFI) said Thursday that its profit climbed in its fiscal Q1, benefiting from higher revenue and reduced expenses. The distributor of natural, organic and specialty foods earned $15.5m, or 36 cents per share, up 17% from the $13.2m, or 31 cents per share, recorded...
-
Top 5 Small-Cap NASDAQ Stocks with Highest Sales (ttm) (UAUA, WINN, PTRY, YRCW, NAFC)
Wednesday, December 9, 2009 - 9:35am | 175Below are the top 5 small-cap stocks on the NASDAQ in terms of sales (ttm). The trailing-twelve-month sales figure for UAL Corporation (NASDAQ: UAUA) is $16.69 billion. UAUA’s market capitalization is $1.65 billion. Jesup & Lamont upgraded UAUA from “hold” to “buy.” The trailing-twelve-month...
-
SYY's Sales to Expand in the December Quarter
Tuesday, December 8, 2009 - 1:40pm | 155Analyst Gregory R Badishkanian of Citi upgraded Sysco Corp (NYSE: SYY) from “hold” to “buy,” while raising his estimates for the company. The target price for SYY has been raised from $28 to $34. Recent checks conducted by Citi on the industry indicate sequential m/m improvement in real sales. The...
-
New 52-Week High Stocks (FDX, APW, WLP, SYY, DAN)
Tuesday, December 8, 2009 - 12:37pm | 195FedEx Corporation (NYSE: FDX) has made a new 52-week high at $90.50 after FedEx Corp. (FDX) boosted its fiscal second-quarter earnings guidance, citing better-than-expected growth in its international priority and ground shipping volumes, along with continued cost-cutting efforts. Currently, AMD is...
-
Benzinga’s Top Upgrades (SYY, MTB, FST, JASO, MDR, AGU)
Tuesday, December 8, 2009 - 10:49am | 215SYSCO Corporation (NYSE: SYY) was today upgraded by Citi from Hold to Buy and has raised the price target of $34 from $28. SYY is now trading at $28.67, 0.7% up. So far in 2009, SYY gained over 24%. M&T Bank Corporation (NYSE: MTB) climbed 2.59% to $63.02. Today, SunTrust upgraded M&T Bank...
-
Green Mountain Buys Diedrich Coffee For $35/Share
Tuesday, December 8, 2009 - 8:50am | 80A day after Peet's Coffee & Tea, Inc. (NASDAQ: PEET) said that it would not raise its offer price ($32.50 per share), Diedrich Coffee, Inc. (NASDAQ: DDRX) today accepted a $35 a share offer from Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR). On December 02, Green Mountain had raised its...
-
Diedrich Accepts $290 Million Offer From Green Mountain
Tuesday, December 8, 2009 - 4:23am | 90Coffee wholesaler Diedrich Coffee (Nasdaq: DDRX) has accepted a $35 per share takeover offer from Green Mountain Coffee Roasters (Nasdaq: GMCR). The offer equals $290 million. Green Mountain, which had raised its all-share offer by $25 million to $290 million on Dec 2, already operates a licensing...
-
United Natural Foods (UNFI) To Remain Strong
Friday, December 4, 2009 - 2:58am | 297According to a report released by Canaccord Adams, United Natural Foods (NASDAQ: UNFI) is expected to reach a price target of $30 in 12 months. UNFI is scheduled to release its first quarter report on December 10. Market consensus is at $877 Million and $ 0.36 for revenue and EPS. However,...