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ConAgra Foods Lowers 2011 Q2 EPs Guidance to $.45
Thursday, December 9, 2010 - 9:32am | 104Today ConAgra Foods, Inc., (NYSE: CAG) announced that its fiscal 2011 second-quarter diluted EPS will be lower than planned, at approximately $0.45 as reported and on a comparable basis. The company is revising its guidance for fiscal 2011 diluted EPS and now expects a low-single-digit rate of...
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A Peek Into The Market Before The Trading Starts
Thursday, December 9, 2010 - 8:33am | 473Pre-open movers US stock futures are higher this morning, ahead of the weekly jobless data. Futures for the Dow Jones Industrial Average gained 35 points to 11,403, while those for the S&P 500 surged 5.50 points to 1,224.00. Futures for the Nasdaq 100 index moved up 10.75 points to 2,199. A...
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Smithfield Foods Posts Mixed Results (SFD)
Thursday, December 9, 2010 - 8:15am | 219Smithfield Foods, Inc. (NYSE: SFD) released financial results on Thursday morning that beat Wall Street earnings estimates but missed revenue expectations. Smithfield Foods, Inc announced that its 2nd quarter net income was $143.7 million, or 86 cents per share, compared to a loss of $26.4 million...
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US Stock Futures Up As Investors Await Weekly Jobless Data
Thursday, December 9, 2010 - 7:43am | 267US stock futures are higher this morning, ahead of the weekly jobless data. Futures for the Dow Jones Industrial Average gained 32 points to 11,400, while those for the S&P 500 surged 4.1 points to 1,232.80. Futures for the Nasdaq 100 index moved up 5 points to 2,205.50. US stock markets ended...
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Earnings Scheduled For December 9 (NSM, SFD, LULU, BF-B, CIEN, JW-A, GRB, BIOD, HITK, KMGB, PLL, ALOG, ESL, CMN)
Thursday, December 9, 2010 - 4:34am | 342National Semiconductor (NYSE: NSM) is expected to post its Q2 EPS at $0.32 on revenue of $399 million. Smithfield Foods (NYSE: SFD) is projected to report its Q2 earnings at $0.56 per share on revenue of $3.21 billion. Lululemon athletica Inc (NASDAQ: LULU) is forecast to report its earnings at $0....
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Stocks To Watch For December 9 (DMND, CIEN, SAI, LULU, WU)
Thursday, December 9, 2010 - 4:09am | 218Some of the stocks that may grab the investor focus today are: Diamond Foods Inc (NASDAQ: DMND) reported its Q3 earnings at $0.64 per share, down from $0.88 per share, in the year-ago period. The company's revenue came in at $252.6 million, versus $180.6 million, in the year-ago quarter. DMND...
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LUMBER LIQUIDAT (LL) - Profit Tracks
Thursday, December 9, 2010 - 1:00am | 629Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....
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Ratio Call Spread as a Stock Repair Strategy 12-08-2010
Wednesday, December 8, 2010 - 8:11pm | 937Cusick's Corner The market found itself near the morning highs and that's not surprising for today's range bound trade. As a matter of fact, a lot of the trade today was revolved around strategies that look to take advantage of premium selling, while adding upside potential without extending...
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Fast Money Picks For December 9th (XLF, XLB, DMND, OC, MCD)
Wednesday, December 8, 2010 - 8:08pm | 207On CNBC's Fast Money, Joe Terranova recommended investors to try a pairs trade. He wants to take a short position in Materials SPDR (ETF) (NYSE: XLB), and a long position in Financial Select Sector SPDR (ETF) (NYSE: XLF). XLB fell 1.05% today, and XLF gained 1.61%. Guy Adami likes Diamond Foods,...
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Diamond Foods Beats Street Estimates (DMND)
Wednesday, December 8, 2010 - 5:26pm | 94Diamond Foods, Inc. (NASDAQ: DMND) reports Q3 earnings of $0.64 versus expectations of $0.60. Diamond Foods, Inc. reports revenues of $252.6 million versus estimates of $240.39 million. Revenues rose 39.9% year over year. "We are pleased with the organic growth in our base retail business, which...
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Omega Protein Appoints New CFO
Wednesday, December 8, 2010 - 5:16pm | 45Omega Protein Corporation (NYSE: OME) today announced that Bret D. Scholtes will become Chief Financial Officer effective January 1, 2011. Mr. Scholtes currently serves as Omega Protein's Senior Vice President – Corporate Development, a position he has held since April 2010.
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Diamond Reports 40% Net Sales Increase, Raises Guidance (DMND)
Wednesday, December 8, 2010 - 5:13pm | 165Diamond Foods (Nasdaq: DMND) today reported strong financial performance for its first quarter of fiscal 2011 and increased guidance for the full-year. For the three months ended October 31, 2010, net sales grew 40 percent, with retail sales growing 58 percent to $227.8 million and snack sales...
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Diamond Reports Q1 2011 EPS of $.65
Wednesday, December 8, 2010 - 5:10pm | 117Diamond Foods, Inc. (Nasdaq: DMND) today reported strong financial performance for its first quarter of fiscal 2011 and increased guidance for the full-year. For the three months ended October 31, 2010, net sales grew 40 percent, with retail sales growing 58 percent to $227.8 million and snack...
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Chiquita Brands Shares Climb 7.1% (CQB)
Wednesday, December 8, 2010 - 12:41pm | 114Shares of Chiquita Brands International, Inc. (NYSE: CQB) are trading up 7.1% at $13.67 per share during the Wednesday morning trading session. The day's trading range for shares of Chiquita Brands International, Inc has been between $12.96 and $13.67 per share. Analysts covering the company's...
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Calls Purchased on Sara Lee Corporation (SLE)
Wednesday, December 8, 2010 - 11:41am | 129Shares of Sara Lee Corporation (NYSE: SLE) are higher on the session by 0.06%, currently trading at $15.72. The stock has been moving largely higher over the past three months, rallying from a recent low near $13.20, and is currently trading above the 50-day and 200-day moving averages. Options...