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Benzinga's Volume Movers (CBST, DMND, QCOR, ISIL)
Tuesday, April 5, 2011 - 9:09am | 185Cubist Pharmaceuticals Inc (NASDAQ: CBST) shares moved up 16.63% to $29.45 at 10:08 am. The volume of CBST shares traded was 1353% higher than normal. CBST settled a patent lawsuit with Teva Pharmaceuticals (NASDAQ: TEVA) related to its Cubicin drug. Diamond Foods Inc (NASDAQ: DMND) shares rose 10...
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NASDAQ Stocks Hitting 52-Week Highs (LAYN, QCOR, DMND, CBST)
Tuesday, April 5, 2011 - 9:01am | 164Layne Christensen Company (NASDAQ: LAYN) shares jumped 6.26% to create a new 52-week high of $37.34. LAYN reported upbeat Q4 results. Questcor Pharmaceuticals Inc (NASDAQ: QCOR) shares gained 20.64% to touch a new 52-week high of $18.00. QCOR issued upbeat Q1 revenue projections. Diamond Foods...
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News Summary
Tuesday, April 5, 2011 - 8:36am | 192Shares of Diamond Foods Inc (NASDAQ: DMND) gained about 8% after Procter & Gamble Co (NYSE: PG) announced its plans to sell its Pringles business to Diamond Foods in a deal valued at $2.35 billion. Shares of National Semiconductor Corp (NYSE: NSM) jumped around 72% after Texas Instruments Inc...
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Diamond Foods to Merge P&G's Pringles Business into the Company for $2.35B
Tuesday, April 5, 2011 - 6:31am | 50Diamond Foods, Inc. (NASDAQ: DMND) and The Procter & Gamble Company (NYSE: PG) today announced the signing of a definitive agreement to merge the Pringles business into Diamond Foods in a transaction valued at $2.35 billion.
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HDV: Another Dividend ETF Arrives
Friday, April 1, 2011 - 3:37pm | 506BlackRock, Inc. (BLK) yesterday (3/31/11) launched the iShares High Dividend Equity Fund (HDV). The new ETF provides exposure to high quality income-producing U.S. securities based on the Morningstar Dividend Yield Focus Index. The underlying index seeks to identify companies providing relatively...
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10 Ways to "Stock Up" on Consumer Staples
Thursday, March 31, 2011 - 10:36pm | 900Toilet paper, soda, jelly, meat, and household cleaners How many times each month do you skip going to the grocery store? Food, paper products, and necessities are all things we buy no matter what the economy or stock market is doing. These are items we would define as “...
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Dahlman Rose Reiterates Buy Rating on Seabridge Gold (SA)
Thursday, March 31, 2011 - 12:06pm | 181Dahlman Rose is out with a research report this afternoon, where it reiterates its Buy rating on Seabridge Gold (AMEX: SA); it has a $129.60 price target on the stock. The DR analysts cited the company's recent announcement that it is investing $7.3MM in exploration at its 100% owned Courageous...
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Options Brief: Kimberly-Clark Corporation (KMB)
Wednesday, March 30, 2011 - 11:47am | 89Shares of Kimberly-Clark Corporation (NYSE: KMB) are higher on the session by 0.69%, trading at $65.85. Overall call volume is now running at 3.98x the daily average, with 82% of all calls traded being purchases on the offer. 5,369 contracts have traded on the session so far. Kimberly-Clark...
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March Market Madness: Procter & Gamble (PG)
Tuesday, March 29, 2011 - 8:15am | 293As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. . Next up, Procter & Gamble (PG). Over the last few weeks we have started a discussion of some of the more important features of our “OneSheet” stock overviews. Now we are going to present...
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Morning Market Movers (NVGN, OBCI, RURL, ONSM)
Monday, March 28, 2011 - 8:48am | 135Novogen Limited (NASDAQ: NVGN) shares surged 75.47% to $1.86 at 9:45 am. NVGN shares have dipped 52.04% over the past 52 weeks, while the S&P 500 index has gained 12.62% in the same period. Ocean Bio-Chem Inc (NASDAQ: OBCI) shares advanced 44.19% to $3.10. OBCI reported a 92% y/y jump in its...
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Procter & Gamble Moving On Price Raises (PG)
Monday, March 28, 2011 - 8:32am | 50Procter & Gamble (NYSE: PG) is up slightly this morning after news came out that the company would be raising prices to fight inflation. At last check, shares of PG were up 23 cents to $61.11, a gain of 0.38%. Year to date, shares are down 5%.
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Ocean Bio-Chem, Inc. Reports FY 2010 EPS of $0.24
Monday, March 28, 2011 - 6:51am | 93Ocean Bio-Chem, Inc. (NASDAQ: OBCI) today released financial results for 2010. The Company reported record net income for the year ended December 31, 2010 of approximately $2.0 million, compared to net income of $1.1 million for 2009, an increase of approximately 92%. Basic earnings per share...
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Morgan Stanley Maintains Overweight on Procter & Gamble (PG)
Friday, March 25, 2011 - 7:09am | 126Morgan Stanley is out with its report today on Procter & Gamble (NYSE: PG), maintaining Overweight. In a note to clients, Morgan Stanley writes, "P&G announced an OTC JV with Teva Pharmaceuticals aimed at leveraging P&G's marketing strength and Teva's R&D/manufacturing capabilities...
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Deutsche Bank Reports On Procter & Gamble Partnership With Teva Pharmaceuticals
Friday, March 25, 2011 - 6:49am | 153According to Deutsche Bank, Procter & Gamble (NYSE: PG) announced this morning it is forming a JV with Teva Pharmaceuticals comprised of both companies' existing OTC businesses outside of North America. Deutsche Bank reported that P&G will own 51% with Teva owing 49% and P&G will...
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J.P. Morgan Reports PG And TEVA Announce A JV
Friday, March 25, 2011 - 6:44am | 166J.P. Morgan has issued a report on the announced JV between Procter & Gamble (NYSE: PG) and Teva Pharmaceutical Industries (NASDAQ: TEVA). According to the report, "Procter has often talked about its desire to grow the OTC platform and partnering with outside companies to improve product...