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Hormel Foods Q4 Results Beat Consensus
Tuesday, November 23, 2010 - 8:47am | 56Hormel Foods Corp (NYSE: HRL) reports its Q4 EPS at $0.90, beating the consensus of $0.79. HRL reports its Q4 revenue at $2.1 billion, versus the estimates of $1.88 billion. HRL shares gained 0.61% to close at $47.93 yesterday. Read more from Benzinga's Company news.
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Deutsche Bank Downgrades FLO To Hold
Tuesday, November 23, 2010 - 8:35am | 51Analysts at Deutsche Bank downgrade Flowers Foods Inc (NYSE: FLO) from "buy" to "hold." The target price for FLO has been reduced from $28 to $26. FLO's shares lost 0.23% to close at $26.04 yesterday. More Analyst Ratings here
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Hormel Foods Fourth Quarter EPS of $.90
Tuesday, November 23, 2010 - 8:32am | 73Hormel Foods Corporation (NYSE: HRL) today reported its performance for the fiscal year 2010 fourth quarter. Diluted EPS of $.90, up 17 percent from $.77 per share in 2009 Segment operating profit increased 20 percent from last year Dollar sales of $2.1 billion, increased 23 percent from 2009...
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US Stock Futures Point Lower Start On Wall Street As Koreans Exchange Fire
Tuesday, November 23, 2010 - 7:51am | 324US stock futures are lower, this morning after exchange of artillery fire between North and South Korea. Futures for the Dow Jones Industrial Average declined 74 points, or 0.7%, to 11,091, while S&P 500 futures dropped 10 points, or 0.8%, to 1,187.90. Futures for the Nasdaq 100 index lost 14...
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Smucker Mighty Attractive Says Deutsche Bank
Tuesday, November 23, 2010 - 7:47am | 246Deutsche Bank has published a research report on the J. M. Smucker Company (NYSE: SJM) and believes that the company's current valuation is very attractive. In the report, Deutsche Bank writes "The weakness in coffee volume (detailed below) is nevertheless a concern. But in the context of a low...
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Heinz Remains Moderate And Rightfully So
Tuesday, November 23, 2010 - 7:42am | 162Deutsche Bank has published a research report on the H. J. Heinz Company (NYSE: HNZ) after the company beat estimates after reporting 3Q results during its earnings call, while showing the latest in company progress. In the report, Deutsche Bank writes "Heinz [also] is fortunate to not be...
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3Q GDP Revised Up to 2.5% - Analyst Blog
Tuesday, November 23, 2010 - 7:17am | 4263This is essentially a repost of the report I posted when the original estimates for GDP growth came out on October 27th. I have put the new revised contributions to (or drags on) growth in bold, with the original numbers immediately following in parenthesis. This will allow you to immediately see...
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Campbell Soup Misses, Sales Fall - Analyst Blog
Tuesday, November 23, 2010 - 6:48am | 175This article has been unpublished. Walter, need new message. CAMPBELL SOUP (CPB): Free Stock Analysis Report DEL MONTE FOODS (DLM): Free Stock Analysis Report GENL MILLS (GIS): Free Stock Analysis Report HEINZ (HJ) CO (HNZ): Free Stock Analysis Report Zacks Investment Research
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Hormel's Upbeat Results - Analyst Blog
Tuesday, November 23, 2010 - 5:47am | 869Hormel Foods Corporation (HRL) posted strong results for the fourth quarter and fiscal 2010 with an EPS of 90 cents and $2.92 compared with 77 cents and $2.53 in the respective period of fiscal 2009 based on increases of 23.2% and 10.5% in revenue in the respective period. Fourth Quarter...
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Company News for November 23, 2010 - Corporate Summary
Tuesday, November 23, 2010 - 5:28am | 702• Hewlett-Packard (NYSE: HPQ) reported earnings of $1.33 per share, up from estimates of $1.27 per share, on an 8.1% revenue gain to $33.2 billion above estimates of $32.8 billion. The firm's new-year estimate was set at a 13-15% rise to $5.16-$5.26 • Campbell Soup (NYSE: CPB) reported its fiscal...
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Earnings Scheduled For November 23 (TIVO, HRL, CPB, JCG, GES, MDT, ATV, BWS, DAKT, FRED, HI)
Tuesday, November 23, 2010 - 4:58am | 291TiVo (NASDAQ: TIVO) is expected to post Q3 loss of $0.17 per share on revenue of $41.41 million. Hormel Foods Corp (NYSE: HRL) may report its FQ4 EPS at $0.79 on revenue of $1.88 billion. Campbell Soup Company (NYSE: CPB) is likely to report its FQ1 EPS at $0.84 on revenue of $2.20 billion. J. Crew...
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Stocks To Watch For November 23 (HPQ, CPB, ADI, GES, BRCD)
Tuesday, November 23, 2010 - 4:35am | 265Some of the stocks that may grab the investor focus today are: Hewlett-Packard Co (NYSE: HPQ) reported its FQ4 earnings at $1.10 per share, up from $0.99 per share, in the year-ago period. HPQ reported its adjusted net income at $1.33 per share. The company's revenue came in at $33.3 billion, up...
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Cosan Authorizes 6.6M Share Buyback - Analyst Blog
Tuesday, November 23, 2010 - 3:48am | 526Brazilian sugar and ethanol producer, Cosan S.A., has been authorized to repurchase approximately 6.6 million common shares, representing 1.6% of the total capital, within a year. The Board of Directors 'approval requires the shares repurchased to be held in treasury for future sale or...
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Stocks Going Ex Dividend the First Week of December
Tuesday, November 23, 2010 - 3:44am | 727Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Tyson Foods Inc. Begins the First Day of its Relief Rally
Monday, November 22, 2010 - 11:12pm | 932Model Portfolio Daily Update: November 22, 2010 Members login for the full report: This content is for members only. New Actions Required: None. Of Note: Tyson Foods Inc. (TSN), a stock highlighted in the latest Ascendere Weekly Ranking Update as primed for a relief rally, reported a good...