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Enterprise Products Working Midstream - Analyst Blog
Wednesday, December 1, 2010 - 6:30pm | 607Enterprise Products Partners L.P.'s (EPD) midstream venture continues with the start-up of a natural gas liquid (NGL) fractionator and the addition of new storage capacity. Enterprise's fourth NGL fractionator has commenced operations at its Mont Belvieu, Texas complex. The partnership started...
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Enterprise Products Working Midstream - Analyst Blog
Wednesday, December 1, 2010 - 1:04pm | 607Enterprise Products Partners L.P.'s (EPD) midstream venture continues with the start-up of a natural gas liquid (NGL) fractionator and the addition of new storage capacity. Enterprise's fourth NGL fractionator has commenced operations at its Mont Belvieu, Texas complex. The partnership started...
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Company News for December 1, 2010 - Corporate Summary
Wednesday, December 1, 2010 - 10:30am | 802• State Street (NYSE: STT) said it will lay off 1,400 jobs, or 5% of its workforce • RLI (NYSE: RLI) said it will pay a $7.00 per share special dividend • Bank of America (NYSE: BAC) initiated coverage of Dendreon (NASDAQ: DNDN) with a "buy" rating and a price target of $44 • Jefferies (NYSE: JEF)...
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Goldman Sachs Upgrades Tyson Foods, Downgrades Sanderson Farms
Wednesday, December 1, 2010 - 8:14am | 46Exhibiting negative outlook for the domestic chicken market, Goldman Sachs has Upgraded Tyson Foods (NYSE: TSN) to a Neutral Rating and Downgraded Sanderson Farms (Nasdaq: SAFM) with a Sell Rating.
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Company News for December 1, 2010 - Corporate Summary
Wednesday, December 1, 2010 - 5:07am | 802• State Street (NYSE: STT) said it will lay off 1,400 jobs, or 5% of its workforce • RLI (NYSE: RLI) said it will pay a $7.00 per share special dividend • Bank of America (NYSE: BAC) initiated coverage of Dendreon (NASDAQ: DNDN) with a "buy" rating and a price target of $44 • Jefferies (NYSE: JEF)...
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Hormel Foods Corp. - Momentum
Wednesday, December 1, 2010 - 3:03am | 498Hormel Foods Corp. (HRL) recently hit a new all-time high after jumping higher on a 14% Q3 earnings surprise. With an average earnings surprise of 13% over the last four quarters and rising estimates, this Zacks #1 rank stock offers a hearty serving of momentum. Company Description Hormel Foods...
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Hormel Foods Corp. - Momentum
Tuesday, November 30, 2010 - 8:00pm | 498Hormel Foods Corp. (HRL) recently hit a new all-time high after jumping higher on a 14% Q3 earnings surprise. With an average earnings surprise of 13% over the last four quarters and rising estimates, this Zacks #1 rank stock offers a hearty serving of momentum. Company Description Hormel Foods...
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A Kraft, Starbucks Rift After 12 Years - Analyst Blog
Tuesday, November 30, 2010 - 5:00pm | 355Kraft Foods Inc. (KFT) is claiming arbitration from Starbucks Corporation (SBUX), as Starbucks attempts to end the 12-year agreement, under which Kraft Foods has been distributing packaged Starbucks coffee to retail grocery stores. Kraft stated that the deal was in effect indefinitely and it...
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KMP Remains on Growth Path - Analyst Blog
Tuesday, November 30, 2010 - 2:30pm | 552The largest independent owner and operator of petroleum product pipelines in the U.S., Kinder Morgan Energy Partners L.P. (KMP) announced a 4.5% annualized increase in its cash distribution rate (or $4.60 vs. $4.40 per unit in 2010) for 2011. Total payout to its limited partners will be around $1...
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McCormick Appoints Gordon M. Stetz, Jr. to Board
Tuesday, November 30, 2010 - 1:53pm | 40McCormick and Company, Incorporated (NYSE: MKC) today announced that Gordon M. Stetz, Jr., Executive Vice President and CFO of McCormick & Company, Inc., has been elected to the Board of Directors, effective January 25, 2011.
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What's Hot on TheStreet
Tuesday, November 30, 2010 - 1:40pm | 257Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Carl Icahn Ups Stake in Hain Celestial Activist Investor Carl Icahn has stepped up his position in consumer products company Hain Celestial (NASDAQ: HAIN) according to the latest regulatory filing with the...
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Top Narrow Based Indexes For November 30 (URG, MVG, GMCR)
Tuesday, November 30, 2010 - 12:30pm | 193By 11:24 am, the Dow Jones Industrial Average was down 51.24 points, or 0.46%, to 11,001.25, while the broader Standard & Poor's 500 index had lost 7.54 points, or 0.63%. The NASDAQ composite index fell 26.04 points, or 1.03%. Some of the narrow based indexes that are still afloat in the...
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ARBITRON INC (ARB) - Profit Tracks
Tuesday, November 30, 2010 - 12:30pm | 572Since 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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ConAgra Foods Announces Dividend of $.23
Tuesday, November 30, 2010 - 11:52am | 42The board of directors of ConAgra Foods, Inc., (NYSE: CAG) approved a dividend payment of $0.23 per common share to be paid on March 2, 2011, to stockholders of record at the close of business on Jan. 31, 2011.
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A Kraft, Starbucks Rift After 12 Years - Analyst Blog
Tuesday, November 30, 2010 - 11:16am | 355Kraft Foods Inc. (KFT) is claiming arbitration from Starbucks Corporation (SBUX), as Starbucks attempts to end the 12-year agreement, under which Kraft Foods has been distributing packaged Starbucks coffee to retail grocery stores. Kraft stated that the deal was in effect indefinitely and it...