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Options Brief: Chiquita Brands International (CQB)
Friday, January 14, 2011 - 12:21pm | 95Shares of Chiquita Brands International (NYSE: CQB) are higher on the session by 0.42%, trading at $15.56. Overall put volume is now running at 10.49x the daily average, with 0% of all puts traded being purchases on the offer. 3,283 contracts have traded on the session so far. Chiquita Brands...
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Company News for January 13, 2011 - Corporate Summary
Thursday, January 13, 2011 - 11:01am | 799• Baird has upgraded Micron (NYSE:MU) from "neutral" to "outperform" increasing the target price from $8 to $15 • Infosys (NASDAQ:INFY) posted fiscal third quarter earnings of $0.69, above the Zacks Consensus Estimate of $0.66, on revenues of $1.59 billion, slightly lower than the Zacks Consensus...
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Company News for January 13, 2011 - Corporate Summary
Thursday, January 13, 2011 - 10:40am | 799• Baird has upgraded Micron (NYSE:MU) from "neutral" to "outperform" increasing the target price from $8 to $15 • Infosys (NASDAQ:INFY) posted fiscal third quarter earnings of $0.69, above the Zacks Consensus Estimate of $0.66, on revenues of $1.59 billion, slightly lower than the Zacks Consensus...
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Campbell & Swire in Chinese JV - Analyst Blog
Thursday, January 13, 2011 - 10:01am | 487The world's largest seller of ready-to-eat soups, Campbell Soup Co. (CPB), is striking a joint venture deal with Swire Pacific Ltd to give a new stature to its business in the world's most heavily populated country, China. The company is not new to the Chinese market with operations in the...
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J.P. Morgan Raises SFD Estimates
Thursday, January 13, 2011 - 9:56am | 104J.P. Morgan is raising its estimates on Smithfield Foods, Inc. (NYSE: SFD) as follows: FY11 (April) to $2.79 from $2.66 and FY12 to $2.35 from $1.82. “Smithfield Foods buys a great deal of corn but is hedged at ~$4 through April,” J.P. Morgan writes. “And pork margins remain very high versus...
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J.P. Morgan Reduces TSN Estimates, Drops PT To $15
Thursday, January 13, 2011 - 9:54am | 123J.P. Morgan is reducing its estimates on Tyson Foods, Inc. (NYSE: TSN) as follows: FY11 (September) to $1.44 from $1.73 and FY12 to $1.84 from $1.93. “The risk to TSN from corn is lower than to Sanderson Farms, Inc. (NASDAQ: SAFM) because TSN also has large beef and pork businesses that buy no feed...
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Wells Fargo Upgrades The Hershey Company To Outperform
Thursday, January 13, 2011 - 9:45am | 201Well Fargo has published a research report on The Hershey Company (NYSE: HSY) and has upgraded the company to Outperform from Market Perform. In the report, Wells Fargo writes "We are upgrading shares of Hershey to Outperform from Market Perform and are raising our 12-month valuation range to $55-...
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Campbell & Swire in Chinese JV - Analyst Blog
Thursday, January 13, 2011 - 9:45am | 487The world's largest seller of ready-to-eat soups, Campbell Soup Co. (CPB), is striking a joint venture deal with Swire Pacific Ltd to give a new stature to its business in the world's most heavily populated country, China. The company is not new to the Chinese market with operations in the...
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RBS Upgrades Unilever To Buy
Thursday, January 13, 2011 - 7:09am | 39Analysts at RBS upgrade Unilever NV (NYSE: UN) from “hold” to “buy.” UN shares gained 0.80% to close at $30.33 yesterday. More Analyst Ratings here
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Top 4 Large-Cap Stocks In The Processed & Packaged Goods Industry On The NYSE With The Highest Dividend Yield (CAG, UN, CPB, K)
Thursday, January 13, 2011 - 5:58am | 117Below are the top large-cap processed & packaged good stocks on the NYSE in terms of dividend yield. ConAgra Foods Inc (NYSE: CAG) has a dividend yield of 4.10%. CAG's shares closed at $23.21 yesterday. Unilever NV (NYSE: UN) has a dividend yield of 3.90%. UN's shares closed at $30.33 yesterday...
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Smithfield Foods Announces Tender Offer for Its 2013 Senior Unsecured Notes and 2014 Senior Secured Notes
Wednesday, January 12, 2011 - 5:39pm | 41Smithfield Foods, Inc. (NYSE: SFD) announced today that it has commenced an offer to purchase for cash the maximum aggregate principal amount of its 7.75% Senior Unsecured Notes due 2013 and 10% Senior Secured Notes due 2014.
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Market Roundup (UAL, ALK, LUV, LCC, TSN, MON, DE, ADM, SFD, LULU, BGFV)
Wednesday, January 12, 2011 - 4:07pm | 297Airline stocks gained, with NYSE Arca Airline Index (XAL) gaining about 1.63%. The gainers in the list included United Continental Holdings (NYSE: UAL), Alaska Air (NYSE: ALK) and Southwest Airlines (NYSE: LUV). Shares of US Airways (NYSE: LCC) dropped about 1.5% after analysts at Soleil Securities...
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JBS Reconsiders Sara Lee Bid - Analyst Blog
Wednesday, January 12, 2011 - 4:01pm | 581The shares of Sara Lee Corp. (SLE) rose more than 2.5% after the news that the world's top meat processor JBS S.A. along with a group of private equity firms are about to reconsider the bid for Sara Lee's meat and coffee division. Previously, the company rejected the bid of about $17.50 per share...
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JBS Reconsiders Sara Lee Bid - Analyst Blog
Wednesday, January 12, 2011 - 3:29pm | 581The shares of Sara Lee Corp. (SLE) rose more than 2.5% after the news that the world's top meat processor JBS S.A. along with a group of private equity firms are about to reconsider the bid for Sara Lee's meat and coffee division. Previously, the company rejected the bid of about $17.50 per share...
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Growth & Income Stock Picks-January 12, 2011 - Zacks Rank Buys
Wednesday, January 12, 2011 - 3:01pm | 89CALAVO GROWERS (CVGW): Free Stock Analysis Report SILGAN HOLDINGS (SLGN): Free Stock Analysis Report Zacks Investment Research