-
Sanderson Farms More Than Doubles Profits, Beats Estimates (SAFM)
Tuesday, December 14, 2010 - 9:08am | 222Sanderson Farms, Inc. (Nasdaq: SAFM) announced on Tuesday morning that it beat consensus Wall Street estimates. Sanderson Farms, Inc reported that its 4th quarter net income more than doubled to $47.8 million, or $2.08 per share, up from $19.8 million, or 95 cents per share, a year earlier. The...
-
Sanderson Farms More Than Doubles Profits, Beats Estimates (SAFM)
Tuesday, December 14, 2010 - 9:07am | 222Sanderson Farms, Inc. (Nasdaq: SAFM) announced on Tuesday morning that it beat consensus Wall Street estimates. Sanderson Farms, Inc reported that its 4th quarter net income more than doubled to $47.8 million, or $2.08 per share, up from $19.8 million, or 95 cents per share, a year earlier. The...
-
Top 4 NASDAQ Stocks In The Farm Products Industry With The Highest Operating Margin (GAGA, SEED, CALM, CVGW)
Tuesday, December 14, 2010 - 6:37am | 121Below are the top farm product stocks on the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Le Gaga Holdings Limited (NASDAQ: GAGA) is 36.00%. GAGA's quarterly revenue gained 54.80% y/y. The trailing-twelve-month operating margin at Origin Agritech Limited (...
-
Earnings Scheduled For December 14 (IPSU, BBY, HOV, PTRY, ASFI, SAFM, RICK)
Tuesday, December 14, 2010 - 6:34am | 189Imperial Sugar Company (NASDAQ: IPSU) is expected to post a FQ4 loss of $0.24 per share on revenue of $272.96 million. Best Buy (NYSE: BBY) is likely to report its Q3 EPS at $0.61 on revenue of $12.47 billion. Hovnanian (NYSE: HOV) to post a Q4 loss of $0.66 per share on revenue of $288.05 million...
-
A Bitter Coffee Divorce: Kraft v. Starbucks
Tuesday, December 14, 2010 - 12:33am | 122By Dian L. Chu, EconForecast When a corporate partnership deal turns sour, it has every bit of the drama as a high profile Hollywood celebrity divorce. The verbal clashes between Starbucks (SBUX) and Kraft (KFT) have been escalating over the past mont... Go to SwingTradingDaily.com for full...
-
Sectors Showing Intraday Weakness 12-13-2010
Monday, December 13, 2010 - 8:13pm | 821Cusick's Corner The market hit resistance late in the day, broke it for a short time but pulled back to breakeven for the day. Now this is just a plateau that at this stage might be a healthy rest in a bigger uptrend. Tech (SMH), Transports and Retail (XRT) all showed intraday weakness. Retail,...
-
General Mills Declares Dividend of $.28
Monday, December 13, 2010 - 5:10pm | 71The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $.28 per share, payable Feb. 1, 2011, to shareholders of record Jan. 10, 2011. The current annualized dividend rate of $1.12 per share is a 17 percent increase over dividends of $.96 per share paid in...
-
Options Brief: Tyson Foods (TSN)
Monday, December 13, 2010 - 3:14pm | 89Shares of Tyson Foods (NYSE: TSN) are lower on the session by 2.25%, trading at $17.34. Overall put volume is now running at 2.66x the daily average, with 61% of all puts traded being purchases on the offer. 13,362 contracts have traded on the session so far. Tyson Foods, Inc. is a meat protein...
-
Calls Purchased on H. J. Heinz Company (HNZ)
Monday, December 13, 2010 - 3:05pm | 138Shares of H. J. Heinz Company (NYSE: HNZ) are lower on the session by 0.09%, currently trading at $49.81. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
-
Calls Purchased on Campbell Soup Company (CPB)
Monday, December 13, 2010 - 2:57pm | 135Shares of Campbell Soup Company (NYSE: CPB) are lower on the session by 0.44%, currently trading at $34.33. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
-
Calls Purchased on ConAgra Foods (CAG)
Monday, December 13, 2010 - 12:48pm | 128Shares of ConAgra Foods (NYSE: CAG) are lower on the session by 1.07%, currently trading at $22.09. The stock has been moving largely lower over the past six months and is currently below the 200-day moving average. Options traders are buying calls on the name today. A short while ago the January...
-
Deutsche Bank Reiterates Buy Rating On HNZ
Monday, December 13, 2010 - 9:35am | 90Deutsche Bank is reiterating its Buy rating on shares of H.J. Heinz Company (NYSE: HNZ). “We continue to believe (1) above-average emerging market exposure, (2) possible foodservice rebound, (3) less-than-average inflation pressure,” Deutsche Bank writes. “(4) Selected catalysts that could help...
-
A Peek Into The Market Before The Trading Starts
Monday, December 13, 2010 - 8:57am | 450Pre-open movers US stock futures are higher this morning, as strong gains from global markets lifted investor sentiment. Futures for the Dow Jones Industrial Average gained 36 points to 11,380, while those for the S&P 500 rose 3.40 points to 1,239. Futures for the Nasdaq 100 index gained 4.75...
-
Hormel Foods Announces Two-For-One Stock Split
Monday, December 13, 2010 - 8:42am | 208Hormel Foods Corporation (NYSE: HRL) today announced its Board of Directors has authorized a two-for-one split of the company's common stock. This would be the first split in 10 years and the 9th in company history. “We are excited to announce this proposed two-for-one stock split following a...
-
Goldman Cautious On Packaged Food Sector
Monday, December 13, 2010 - 8:22am | 93Goldman Sachs is cautious on the packaged food sector, including Kraft (NYSE: KFT). In a note sent to investors Goldman writes, "We are upgrading our assessment of the coffee category on the follow-through of meaningful price growth. We are downgrading our assessment of the cookie category as KFT...