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KMP Remains on Growth Path - Analyst Blog
Tuesday, November 30, 2010 - 8:48am | 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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ARBITRON INC (ARB) - Profit Tracks
Monday, November 29, 2010 - 8:00pm | 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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Financials Take Lead 11-29-2010
Monday, November 29, 2010 - 7:53pm | 799Cusick's Corner Finance took the lead into the After Hours and the market followed. With Finance showing leadership and the cold weather hitting, we saw the Energy sector, XLE get a boost at the end of the day -- it's another offensive sector that will need to continue its upswing if the bulls...
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Earnings Preview: Del Monte - Analyst Blog
Monday, November 29, 2010 - 6:00pm | 380Del Monte Foods Co. (DLM), one of the leading producers and distributors of canned vegetables and fruits in the U.S., is scheduled to report its second-quarter 2011 financial results on Wednesday, December 1, 2010. The current Zacks Consensus Estimate for the quarter is 35 cents a share...
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J & J Snack Foods Corp. Increases Dividend 9.3% to 11.75 Cents
Monday, November 29, 2010 - 5:32pm | 67J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $.1175 per share of its common stock payable on January 5, 2011 to shareholders of record as of the close of business on December 15, 2010. The cash dividend of...
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Dean Foods, SuperValu, Apollo Group Hitting Multi-Year Lows (DF, SVU, APOL)
Monday, November 29, 2010 - 4:57pm | 64Shares of Dean Foods (NYSE: DF), SuperValu (NYSE: SVU) and Apollo Group (NASDAQ: APOL) are trading near multi-year lows on Monday. Here is how they are performing during the current trading session. DF -0.14% to $7.36 SVU +1.35% to $8.79 APOL -0.35% to $34.34
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Alberto Culver Settles Shareholder Lawsuit Regarding Proposed Unilever Acquisition
Monday, November 29, 2010 - 4:12pm | 169A group of institutional shareholders of Alberto Culver Company have reached an agreement with the beauty care company stemming from its proposed acquisition by Unilever (NYSE: UN). Alberto Culver (NYSE: ACV) has agreed to alter key features of its acquisition agreement with Unilever that...
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Current Put/Call Ratio .35 11-29-2010
Monday, November 29, 2010 - 3:51pm | 877Cusick's Corner The market is holding up well, anchored by a Finance sector, XLF, which as of late has been a weight on the upside. The range is getting on investors' nerves but the range has been good for traders. Right now you are seeing two dynamics, those who are cashing out and those who are...
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Earnings Preview: Del Monte - Analyst Blog
Monday, November 29, 2010 - 12:32pm | 380Del Monte Foods Co. (DLM), one of the leading producers and distributors of canned vegetables and fruits in the U.S., is scheduled to report its second-quarter 2011 financial results on Wednesday, December 1, 2010. The current Zacks Consensus Estimate for the quarter is 35 cents a share...
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Top Performing Industries For November 29 (TWMC, WBD, OPHCD, RBNF)
Monday, November 29, 2010 - 11:34am | 196At 10:28 am, the Dow lost 1.27% to 10,950.81, the broader Standard & Poor's 500 index moved down 1.11% to 1,176.20 and the NASDAQ composite index fell 1.28% to 2,502.00. The industries that are still afloat in the market today are: Music & Video Stores: This industry jumped 0.78% by 10:28...
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Buyout of Del Monte Foods Company Investigated by Securities Lawyers at Goldfarb Branham LLP
Monday, November 29, 2010 - 11:08am | 181Goldfarb Branham LLP is investigating the proposed acquisition of Del Monte (NYSE: DLM) for company shareholders due to the proposed buyout for $19.00 per share by Kohlberg Kravis Roberts & Co., Vestar Capital Partners and Centerview Partners. Concerned Del Monte investors are urged to contact...
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Sara Lee to Acquire Cafe Damasco in Brazil
Monday, November 29, 2010 - 9:33am | 58Sara Lee Corp. (NYSE: SLE) announced today that it has signed an agreement to acquire Cafe Damasco. The acquisition price represents a multiple of around one time annual sales. The transaction is expected to close on November 30 and will be filed with the Brazilian competition authorities for...
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Top 4 Stocks In The Dairy Products Industry With The Highest Cash (WBD, DF, SYUT, ADY)
Monday, November 29, 2010 - 5:09am | 148Below are the top dairy product stocks on the NYSE and the NASDAQ in terms of cash. Wimm-Bill-Dann Foods OJSC (NYSE: WBD) had $156.20 million in total cash and $475.62 million in total debt for the latest quarter. Dean Foods Company (NYSE: DF) had $102.10 million in total cash for the latest...
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Del Monte to be Acquired - Analyst Blog
Friday, November 26, 2010 - 2:01pm | 347Del Monte Foods Company (DLM) has agreed to be acquired by a consortium formed by pooling funds from Kohlberg Kravis Roberts & Co. (KKR), Vestar Capital Partners and Centerview Partners. Per the agreement signed, the consortium will acquire Del Monte for $5.3 billion or $19.00 per share in...
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Zings Of The Day (BA, DLM)
Friday, November 26, 2010 - 1:24pm | 84Del Monte (NYSE: DLM) agreed to be bought for $19 per share in cash, led by private equity firm KKR. I'll just take $19 in groceries. I'm stocking up for next Thanksgiving. Boeing (NYSE: BA) continues to have problems with its 787 Dreamliner. Where are the Wright brothers when you need them?