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Benzinga’s Top Upgrades (CHSI, EME, GIL, MDC, SYY, ARRS, RFMD)
Wednesday, December 2, 2009 - 11:04am | 298Catalyst Health Solutions, Inc. (NASDAQ: CHSI) was today upgraded by BMO Capital Markets from Market perform to Outperform at a price target of $40. CHSI is now trading at $35.74, 3% up in the morning trading hours. CHSI made a new 52 week high at $35.97. So far in the current year, CHSI is up over...
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Benzinga’s Top Pre- Market Gainers (UAUA, NVAX, DDRX, DYAX, SNTS)
Wednesday, December 2, 2009 - 10:03am | 234UAL Corporation (NASDAQ: UAUA) was today upgraded by Morgan Stanley to Overweight from Equal-Weight. UAUA is trading at $8.71, up 5.45% in the pre-market session. The 52-week trading range for UAUA is $3.07 - $12.88. In the last six months, UAUA is up over 65%. Novavax, Inc. (NASDAQ: NVAX) soared...
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Peet's Coffee& Tea (PEET) Enhances Proposal to Acquire Diedrich Coffee(DDRX)
Tuesday, December 1, 2009 - 7:11am | 104Peet’s Coffee & Tea, Inc. (NASDAQ: PEET) announced that it reinstated and enhanced its previously expired proposal to acquire Diedrich Coffee, Inc. (NASDAQ: DDRX) for stock and cash valued at $32.50 based on Peet’s current stock price. Diedrich Coffee, Inc. is a specialty coffee roaster,...
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Peet's Increases Offer For Diedrich To $265 Million
Monday, November 23, 2009 - 3:26pm | 106Peet's Coffee & Tea (Nasdaq: PEET) raised its offer for the wholesale roaster and distributor Diedrich Coffee Inc. (Nasdaq: DDRX) by about 24% to $265 million. The new offer values Diedrich at $32 a share, $2 a competing bid from Green Mountain Coffee Roasters (Nasdaq: GMCR). Under the terms of...
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Benzinga’s Top Upgrades (ANDE, CKEC, AMSC, CYBX, COBZ)
Friday, November 20, 2009 - 11:07am | 179The Andersons, Inc. (NASDAQ: ANDE) was today upgraded by BB&T Capital Markets from Hold to Buy at a price target of $35. ANDE is now trading at $27.40, 3.05% up in the morning trading hours. Carmike Cinemas, Inc. (NASDAQ: CKEC) climbed 3% to $5.84 in the morning trading hours. Today Caris...
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Sysco, Intel, Leon's dividend news
Tuesday, November 17, 2009 - 9:58pm | 581Food distribution powerhouse SYSCO (SYY) has raised it's dividend by 4% to $0.25 per share. This marks SYSCO's 160th quarterly dividend. As far as I can see SYSCO has raised their regular dividend every year since I was born in 1979. I recently bolstered my position in SYSCO on June 15 of this year...
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Nash Finch Company (NAFC) Board of Directors Authorizes a Stock Repurchase Plan
Thursday, November 12, 2009 - 5:27am | 70Nash Finch Company (Nasdaq: NAFC), a leading national food retailer and distributor, announced that on November 10, 2009, its Board of Directors approved a share repurchase program authorizing the Company to spend up to Twenty Five Million Dollars ($25,000,000) to purchase shares of the Company’s...
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Nash Finch (NAFC) Reports 2009 Q3 Results
Thursday, November 12, 2009 - 5:26am | 185Nash Finch Company (NASDAQ: NAFC), one of the leading food distribution companies in the United States, announced financial results for the sixteen weeks (third quarter) ended October 10, 2009. Total company sales for the third quarter 2009 were $1.633B compared to $1.416B in the prior-year quarter...
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Today's Early Morning Movers (DDRX, KSU, SNIC, CSX)
Tuesday, November 3, 2009 - 11:12am | 129Shares of the finest gourmet coffee beans seller Diedrich Coffee, Inc, (NASDAQ: DDRX) are up (24.75%) to $ 25.40 a share. Volume traded was 11,110 shares. Kansas City Southern (NYSE: KSU), the international transportation holding company with three primary railroads, increased 9.01% to $26.25 a...
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Stocks to watch (HLF, TNS, DDRX, HIMX, HTCH)
Tuesday, November 3, 2009 - 8:44am | 215Herbalife Ltd. (NYSE: HLF) rallied 9.7% to $38 after the seller of nutritional and weight-loss supplements forecast 2010 earnings of at least $3.50 a share, more than the $3.41 average per-share estimate of analysts surveyed by Bloomberg. TNS, Inc. (NYSE: TNS) sank 6.57% to $26.25. The provider of...
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Merger Monday Continues: Peet's Coffee & Tea Acquires Diedrich Coffee For $213M
Monday, November 2, 2009 - 10:48pm | 213Peet's Coffee & Tea, Inc. (NASDAQ: PEET) and Diedrich Coffee, Inc. (NASDAQ: DDRX) announced today that they have entered into a definitive agreement under which Peet’s will acquire Diedrich in a cash-and-stock transaction valued at $26.00 per share or a total value of approximately $213 million...
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Tom Gayner Portfolio Focus (MKL, BRK.A, MCD, KO, PG, CPB, ABT, MSFT,MSFT, MAR, SYY, CXMSF, CVA, COP, NYX, CBG, FR)
Friday, October 30, 2009 - 1:22pm | 331Tom Gayner is the CIO for Markel Corporation (NYSE: MKL). He is one of the finest minds in investing and was once said to be the best CIO to replace Warren Buffet in Berkshire Hathaways (NYSE: BRK.A). Gayner is considered a value investor that has simple rules in finding companies to invest in,...
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Jim Cramer Suggests Selling Brigham Exploration (BEXP), Sequenom (SQNM) and Anderson (ANDE)
Thursday, September 10, 2009 - 9:21pm | 182CNBC's Mad Money Jim Cramer thinks that Brigham Exploration (NASDAQ: BEXP) has had too much of a run and that it is not good to hold on minor companies in Natural gas. He prefers XTO Energy (NYSE: XTO), one of the major companies in this sector. Cramer added that Andersons (NASDAQ: ANDE) had a good...
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United Natural Foods (UNFI) Announces Results of Fiscal Year and Q4 of Fiscal 2009
Wednesday, September 9, 2009 - 8:47am | 72United Natural Foods, Inc. (NASDAQ: UNFI) reported that net income for fiscal 2009 increased $10.7M, or 22.1%, to $59.2M, or $1.38 per diluted share, from $48.5M, or $1.13 per diluted share, for fiscal 2008. Net sales for fiscal 2009 were a record $3.45B, an increase of 4.7%, or $154.2M, over the...
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United Natural Foods (UNFI) Announces Results of Fiscal Year and Q4 of Fiscal 2009
Wednesday, September 9, 2009 - 8:46am | 72United Natural Foods, Inc. (NASDAQ: UNFI) reported that net income for fiscal 2009 increased $10.7M, or 22.1%, to $59.2M, or $1.38 per diluted share, from $48.5M, or $1.13 per diluted share, for fiscal 2008. Net sales for fiscal 2009 were a record $3.45B, an increase of 4.7%, or $154.2M, over the...