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Stock Market News for December 8, 2010 - Market News
Wednesday, December 8, 2010 - 11:03am | 868Agreement on extending the Bush-era tax cuts for another two years did little to boost stocks Tuesday as concerns over European finances and a sharp jump in bond yields tempered investors' enthusiasm. The Dow Jones industrial average, after rising as much as 89 points, closed with a drop of...
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Stock Market News for December 8, 2010 - Market News
Wednesday, December 8, 2010 - 10:28am | 868Agreement on extending the Bush-era tax cuts for another two years did little to boost stocks Tuesday as concerns over European finances and a sharp jump in bond yields tempered investors' enthusiasm. The Dow Jones industrial average, after rising as much as 89 points, closed with a drop of...
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BB&T Capital Markets Raises Chiquita Rating From Hold To Buy
Wednesday, December 8, 2010 - 10:14am | 104BB&T Capital Markets has upgraded shares of Chiquita Brands International (NYSE: CQB) from Hold to Buy. “We have raised our rating due to a much more favorable S/D environment for bananas,” BB&T Capital Markets writes. “This has bolstered our confidence in the company's earnings outlook...
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BB&T Capital Markets Upgrades CQB To Buy
Wednesday, December 8, 2010 - 9:03am | 44Analysts at BB&T Capital Markets upgrade Chiquita Brands International Inc (NYSE: CQB) from "hold" to "buy." CQB's shares gained 1.67% to close at $12.77 yesterday More Analyst Ratings here
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Earnings Scheduled For December 8 (SAI, SWHC, COST, DMND, GIII, ISYS, CMTL, GEF, ISSC, OXM, KFY, MATK)
Wednesday, December 8, 2010 - 4:04am | 319SAIC Inc (NYSE: SAI) is projected to post its Q3 EPS at $0.35 on revenue of $2.93 billion. Smith & Wesson Holding Corp (NASDAQ: SWHC) is expected to report its Q2 EPS at $0.00 on revenue of $99.80 million. Costco Wholesale Corp (NASDAQ: COST) is forecast to post its earnings at $0.69 per share...
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Campbell Soup Co. Director Sells 300,000 Shares of CPB
Tuesday, December 7, 2010 - 5:50pm | 55In a Form 4 filed earlier today, Campbell Soup Co. (NYSE: CPB) Director, Charlotte Weber, reported that she sold 300,000 shares of CPB on December 3rd-6th for an average price of $34.03. The transaction totaled $10,209,000. Ms. Weber owns 41,973 direct shares and 14,535,008 indirect shares of CPB...
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Green Mountain Coffee Roasters Retesting Session Highs (GMCR)
Tuesday, December 7, 2010 - 4:59pm | 45Green Mountain Coffee Roasters (NASDAQ: GMCR) retesting session highs and short-term technical resistance just below $38. Green Mountain Coffee Roasters traded lower yesterday prior to an earnings restatement and is currently up 7.4% from yesterday's close in today's trading.
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Green Mountian Coffee Spiking Intraday
Tuesday, December 7, 2010 - 12:01pm | 86Green Mountain Coffee Roasters (NASDAQ: GMCR) spiking up almost 6% after restating earnings yesterday. Green Mountain Coffee Roasters is restating results for fiscal years 2007, 2008 and 2009, and for the first three quarters of 2010. The company made the announcement late Friday, and said errors...
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Green Mountain Roasting Higher
Tuesday, December 7, 2010 - 11:57am | 54Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) are jumping higher, gaining nearly 5% as it spikes higher this morning. The company is set for an earnings call for December 9. Green Mountain Coffee Roasters operates in the specialty coffee industry in the United States and...
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RED ROBIN GOURM (RRGB) - Profit Tracks
Tuesday, December 7, 2010 - 11:33am | 615Since 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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Sanderson Farms To Report 4Q Earnings On 12/14
Tuesday, December 7, 2010 - 9:59am | 167Goldman Sachs has published a research report on Sanderson Farms (NASDAQ: SAFM) in anticipation of the company's 4Q earnings report, scheduled for 12/14. In the report, Goldman writes "We see neutral-to-negative trading bias on the earnings report. First, SAFM is likely to give a cautious appraisal...
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Sara Lee to Sell L'OR EspressO in the Netherlands
Tuesday, December 7, 2010 - 9:12am | 40Sara Lee Corp. (NYSE: SLE) announced today it is launching under the Douwe Egberts brand in the Netherlands its innovative single-serve espresso coffee capsules that can be used in Nespresso coffee appliances.
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US Stock Futures Signal Higher Start For Wall Street
Tuesday, December 7, 2010 - 8:21am | 267US stock futures are higher, this morning as President Barack Obama agreed on a deal with the Republican Party in order to extend tax cuts for the coming two years for all Americans. Futures on the Dow Jones Industrial Average advanced 76 points to 11,429 and S&P 500 futures rose 10.20 points...
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RED ROBIN GOURM (RRGB) - Profit Tracks
Tuesday, December 7, 2010 - 1:00am | 615Since 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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Neutral on H.J. Heinz Co. - Analyst Blog
Monday, December 6, 2010 - 7:30pm | 582We recently reiterated our Neutral recommendation on H.J. Heinz Co. (HNZ). Heinz reported an EPS of 78 cents per share for the second quarter of fiscal 2011, beating the Zacks Consensus Estimate of 76 cents. The EPS was also 2.6% up compared to 76 cents in the year-ago period. Revenues were $2....