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Jefferies Initiates Tyson Foods At Buy
Thursday, December 16, 2010 - 8:07am | 23Jefferies & Company has initiated Tyson Foods (NYSE: TSN) with a Buy rating and $22 price target.
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Jefferies Initiates Hormel Foods At Hold
Thursday, December 16, 2010 - 8:05am | 23Jefferies & Company has initiated Hormel Foods (NYSE: HRL) with a Hold rating and $56 price target.
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Jefferies Initiates Smithfield Foods At Buy
Thursday, December 16, 2010 - 8:03am | 23Jefferies & Company has initiated Smithfield Foods (NYSE: SFD) with a Buy rating and $24 price target.
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Earnings Scheduled For December 16 (ACN, FDX, ATU, ORCL, RIMM, GIS, BRLI, SHLO, MCS, RAD, ZQK, SCHL)
Thursday, December 16, 2010 - 5:10am | 310Accenture plc (NYSE: ACN) is expected to report its FQ1 EPS at $0.75 on revenue of $5.73 billion. FedEx Corporation (NYSE: FDX) is likely to report its Q2 earnings at $1.31 per share on revenue of $9.70 billion. Actuant Corporation (NYSE: ATU) is projected to post its Q1 EPS at $0.34 on revenue of...
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Earnings Preview: General Mills - Analyst Blog
Wednesday, December 15, 2010 - 7:33pm | 711General Mills Inc. (GIS), one of the leading branded foods companies in the US, is scheduled to report its second-quarter 2011 financial results on Thursday, December 16, 2010. The current Zacks Consensus Estimate for the quarter is 78 cents a share. First-Quarter 2011, a Synopsis General...
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Earnings Preview: General Mills - Analyst Blog
Wednesday, December 15, 2010 - 6:58pm | 711General Mills Inc. (GIS), one of the leading branded foods companies in the US, is scheduled to report its second-quarter 2011 financial results on Thursday, December 16, 2010. The current Zacks Consensus Estimate for the quarter is 78 cents a share. First-Quarter 2011, a Synopsis General...
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Kellogg in Neutral Lane - Analyst Blog
Wednesday, December 15, 2010 - 6:30pm | 667We reiterated our Neutral recommendation on Kellogg Company (K). Kellogg reported an EPS of 90 cents a share for the third quarter of fiscal 2010, which was in line with the Zacks Consensus Estimate. However, the EPS declined 4.3% year-over-year from 94 cents. Total net sales for the quarter...
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Kellogg in Neutral Lane - Analyst Blog
Wednesday, December 15, 2010 - 5:54pm | 667We reiterated our Neutral recommendation on Kellogg Company (K). Kellogg reported an EPS of 90 cents a share for the third quarter of fiscal 2010, which was in line with the Zacks Consensus Estimate. However, the EPS declined 4.3% year-over-year from 94 cents. Total net sales for the quarter...
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UCB Commences Patient Enrolment - Analyst Blog
Wednesday, December 15, 2010 - 1:30pm | 451UCB (UCBJF) along with partner Immunomedics Inc. (IMMU) recently started patient enrollment in a late-stage trial of epratuzumab in patients with moderate-to-severe systemic lupus erythematosus (SLE). The trial (EMBODY 1) is one of two pivotal phase III trials. The second study, EMBODY 2, has...
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UCB Commences Patient Enrolment - Analyst Blog
Wednesday, December 15, 2010 - 1:00pm | 451UCB (UCBJF) along with partner Immunomedics Inc. (IMMU) recently started patient enrollment in a late-stage trial of epratuzumab in patients with moderate-to-severe systemic lupus erythematosus (SLE). The trial (EMBODY 1) is one of two pivotal phase III trials. The second study, EMBODY 2, has...
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Morgan Stanley's Americas Equity Morning Summary
Wednesday, December 15, 2010 - 10:07am | 84Morgan Stanley released its Americas Equity Morning Summary with the following updates: Upgrades: Newell Rubbermaid (NYSE: NWL) from Equal-Weight to Overweight. Initiates Coverage: Fresh Market (NASDAQ: TFM) with an Overweight rating and $42 price target. Price Target Up: Broadcom Corp. (NASDAQ:...
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Time to Consider Unexpected Downside Earnings Risk
Wednesday, December 15, 2010 - 2:58am | 713Just when everybody was gung-ho on the retail sector, particularly in electronics, Best Buy (NYSE: BBY) apparently did not share their enthusiasm, and posted lower than expected results and lowered its outlook, causing the stock to drop almost 15% on Tuesday. According to the company, the miss was...
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Fast Money Picks For December 15th (CVC, PBR, WMT, SJM)
Tuesday, December 14, 2010 - 7:41pm | 183On CNBC's Fast Money, Brian Kelly recommended a long position in Wal-Mart Stores, Inc. (NYSE: WMT). Wal-Mart Stores, Inc. (WMT) gained 0.44% today, and closed at $54.45. Tim Seymour thinks that Petroleo Brasileiro SA (ADR) (NYSE: PBR) is a buy. Petroleo Brasileiro SA (ADR) (PBR) gained 0.41%, and...
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Negative Reaction to Fed Announcement 12-14-2010
Tuesday, December 14, 2010 - 7:36pm | 908Cusick's Corner The market finished the day unchanged after a negative reaction to the Fed announcement. For technicians and market watchers, the current picture looks a little toppy and the expectation that this positive trend will continue is getting a little extreme. There has not been that “...
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Hormel Announces Stock-Split - Analyst Blog
Tuesday, December 14, 2010 - 6:21pm | 577Hormel Foods Corporation (HRL) authorized a one-for-two stock split. Shareholders of record as of January 31, 2011, will receive two common shares for each common share they currently own. The common shares after the split will confer equal rights and benefits, including dividends, capital...