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Omega Protein Acquires Cyvex Nutrition
Thursday, December 16, 2010 - 5:31pm | 30Omega Protein Corporation (NYSE: OME) today announced that it has acquired Cyvex Nutrition, Inc., a dietary supplement supplier based in Irvine, California.
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Zings Of The Day (GIS, WMT)
Thursday, December 16, 2010 - 5:00pm | 100General Mills (NYSE: GIS) said it is going to raise prices in order to combat inflation. Inflation? Don't tell the Ben Bernank that. He doesn't see inflation at all. He also lives on Lollipop Lane. Wal-Mart (NYSE: WMT) announced it will be recalling 2.2 million heaters that could go on fire. You...
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General Mills Misses Estimates - Analyst Blog
Thursday, December 16, 2010 - 3:30pm | 471General Mills (GIS) reported results for the second quarter of fiscal 2011. For the quarter, adjusted earnings decreased 1.3% to 76 cents a share compared with 77 cents in the year-ago period. The quarterly EPS was also below the Zacks Consensus Estimate of 78 cents by 2.6%. Profits were impacted...
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Options Brief: Dean Foods Company (DF)
Thursday, December 16, 2010 - 3:14pm | 72Shares of Dean Foods Company (NYSE: DF) are higher on the session by 0.25%, trading at $8.05. Overall put volume is now running at 2.14x the daily average, with 40% of all puts traded being purchases on the offer. 3,902 contracts have traded on the session so far. Dean Foods Company is a food and...
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Options Brief: Dean Foods Company (DF)
Thursday, December 16, 2010 - 3:12pm | 72Shares of Dean Foods Company (NYSE: DF) are higher on the session by 0.25%, trading at $8.05. Overall put volume is now running at 2.14x the daily average, with 40% of all puts traded being purchases on the offer. 3,902 contracts have traded on the session so far. Dean Foods Company is a food and...
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General Mills Misses Estimates - Analyst Blog
Thursday, December 16, 2010 - 2:54pm | 471General Mills (GIS) reported results for the second quarter of fiscal 2011. For the quarter, adjusted earnings decreased 1.3% to 76 cents a share compared with 77 cents in the year-ago period. The quarterly EPS was also below the Zacks Consensus Estimate of 78 cents by 2.6%. Profits were impacted...
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Top Performing Industries For December 16 (MPEL, SMS, MCFI, SBUX)
Thursday, December 16, 2010 - 12:44pm | 209At 11:41 am, the Dow gained 0.29% to 11,491, the broader Standard & Poor's 500 index moved up 0.44% to 1,241 and the NASDAQ composite index rose 0.68% to 2,635. The industries that are driving the market today are: Resorts & Casinos: This industry jumped 3.12% by 11:41 am. The top stock...
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Company News for December 16, 2010 - Corporate Summary
Thursday, December 16, 2010 - 11:03am | 445• FedEx (NYSE:FDX) reported fiscal second quarter earnings of $1.16, lower than the Zacks Consensus Estimate of $1.31, revenues which are up 12.1% to $9.63 billion, lower than the Zacks Consensus Estimate of $9.749 billion • General Mills (NYSE:GIS) reaffirmed full-year projections at $2.46-$2.48...
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Company News for December 16, 2010 - Corporate Summary
Thursday, December 16, 2010 - 10:47am | 445• FedEx (NYSE:FDX) reported fiscal second quarter earnings of $1.16, lower than the Zacks Consensus Estimate of $1.31, revenues which are up 12.1% to $9.63 billion, lower than the Zacks Consensus Estimate of $9.749 billion • General Mills (NYSE:GIS) reaffirmed full-year projections at $2.46-$2.48...
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J.P. Morgan Lowers Estimates on Dean Foods
Thursday, December 16, 2010 - 10:45am | 88J.P. Morgan is out with its report on Dean Foods (NYSE: DF) lowering its estimates on DF. In a note to clients, "We are lowering our 4Q and FY11 EPS estimates to $0.13 from $0.14 and $0.74 from $0.97, respectively, to reflect the increased interest expense from the company's recent debt...
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Sanderson Farms Downgraded to Hold at Argus
Thursday, December 16, 2010 - 10:28am | 20Sanderson Farms (NASDAQ: SAFM) is downgraded from Buy to Hold at Argus.
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Jefferies Initiates Tyson Foods With A Buy Rating, $22 PT
Thursday, December 16, 2010 - 9:31am | 136Jefferies is initiating coverage on shares of Tyson Foods, Inc. (NYSE: TSN) with a Buy rating and $22 price target. Jefferies said that its outlook and commentary on Tyson's most influential (based on 6-year correlation analysis) share price drivers follows: “Tyson shares have historically moved in...
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General Mills Reports 2011 Second Quarter EPS of $.92
Thursday, December 16, 2010 - 8:22am | 150General Mills (NYSE: GIS) today reported results for the second quarter and first half of fiscal 2011. As previously announced, the company's financial performance was generally in line with very strong year-ago sales and profit results. Net sales grew 1 percent to $4.07 billion Segment...
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General Mills Misses Estimates (GIS)
Thursday, December 16, 2010 - 8:19am | 260Minneapolis, Minnesota-based General Mills, Inc. (NYSE: GIS) announced on Thursday morning that it missed consensus Wall Street estimates. General Mills, Inc reported that its 2nd quarter net earnings rose 8.6% to $613.9 million, or 92 cents per share, up from $565.5 million, or 83 cents per share...
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Jefferies Initiates Sanderson Farms At Hold
Thursday, December 16, 2010 - 8:12am | 23Jefferies & Company has initiated Sanderson Farms (NASDAQ: SAFM) with a Hold rating and $44 price target.