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Grind Continues 11-22-2010
Monday, November 22, 2010 - 8:48pm | 802Cusick's Corner The grind continued – no additional color needed to explain this market. With a potentially tight range consolidation at hand, option traders will focus on spread strategies. I will cover a strategy that will fit either a bullish or bearish sentiment in each Corner for the rest of...
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S&P 500 Looks to Stay in 1160-1220 Range 11-22-2010
Monday, November 22, 2010 - 8:46pm | 964Cusick's Corner The market is trading a lot like what the weather looks like going into the holiday week, unpredictable and potentially messy. The current environment spells a consolidation is actively in play, meaning we should have some declines and rallies that look to flow into the first...
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Accenture to Acquire CAS Computer - Analyst Blog
Monday, November 22, 2010 - 4:00pm | 622Technology outsourcing and consulting major Accenture plc (ACN) recently announced its intention to acquire Germany-based customer relationship management (CRM) and mobility software provider CAS Computer AG. The acquisition is expected to close by the end of January 2011. Financial terms of the...
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Top Narrow Based Indexes For November 22 (PRGO, GMCR, VIT)
Monday, November 22, 2010 - 12:20pm | 209By 11:16 am, the Dow Jones Industrial Average was down 84.16 points, or 0.75%, to 11,119.39, while the broader Standard & Poor's 500 index had lost 7.70 points, or 0.64%. The NASDAQ composite index fell 2.22 points, or 0.09%. Some of the narrow based indexes that are still afloat in the markets...
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Benzinga's Volume Movers (REGN, GMCR, CTRN, CRUS)
Monday, November 22, 2010 - 12:00pm | 170Regeneron Pharmaceuticals Inc (NASDAQ: REGN) shares moved up 13.17% to $27.92 at 10:56 am. The volume of REGN shares traded was 1287% higher than normal. REGN has reported positive results for its eye medication VEGF Trap-Eye. Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) shares rose 13.88% to...
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The Daily Long and Short Setup
Monday, November 22, 2010 - 11:46am | 86The market continues to trade in the red, but doing anything it can in early morning trading to close the gap. Once again, the battle for 1200 on the S&P is what today boils down to. LONG: Ralcorp Holdings (RAH) Read more...
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NASDAQ Stocks Hitting 52-Week Highs (ARUN, DMND, FFIV, ARBA)
Monday, November 22, 2010 - 11:42am | 160Aruba Networks Inc (NASDAQ: ARUN) shares reached $24.15 to create a new 52-week high, before falling to $23.86, representing a 2.23% gain. Analysts at UBS initiated coverage of ARUN with a “neutral” rating. Diamond Foods Inc (NASDAQ: DMND) shares gained 0.44% to touch a new 52-week high of $47.53....
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Zacks Earnings Preview: Hewlett Packard, Analog Devices, Medtronic, Campbell Soup and Deere - Press Releases
Monday, November 22, 2010 - 11:30am | 1245For Immediate Release Chicago, IL – November 22, 2010 – Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes: Hewlett Packard (HPQ), Analog Devices (ADI), Medtronic (MDT), Campbell Soup (CPB) and Deere (DE). To see more earnings analysis, visit http...
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Morning Market Movers (MAGS, PFIN, CART, GMCR)
Monday, November 22, 2010 - 11:08am | 133Magal Security Systems Ltd (NASDAQ: MAGS) jumped 18.73% to $3.55 at 10:04 am. MAGS received a $21.4 million contract for a Comprehensive Security System. P & F Industries Inc (NASDAQ: PFIN) climbed 15.95% to $3.49. PFIN's quarterly earnings jumped 1053.20% y/y. Carolina Trust Bank (NASDAQ: CART...
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Tyson Foods Up 4% (TSN)
Monday, November 22, 2010 - 10:49am | 120Tyson Foods, Inc. (NYSE: TSN) is up sharply this morning after the company reported better than expected earnings this morning. This morning Tyson said it earned 57 cents per share, for the fourth quarter. Excluding an impairment charge related to Brazilian operations, earnings were 64 cents per...
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Herb Greenberg Talking About Green Mountain (GMCR)
Monday, November 22, 2010 - 10:37am | 60Herb Greenberg was just on CNBC talking about Green Mountain (NASDAQ: GMCR). He said the company still has its SEC probe, and the company expected to file its 10-K by 12/9. The company restated its earnings for 2007-2010 and it lowered it by 4-5 cents. Shares are up around 10% in early Monday...
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Accenture to Acquire CAS Computer - Analyst Blog
Monday, November 22, 2010 - 10:36am | 622Technology outsourcing and consulting major Accenture plc (ACN) recently announced its intention to acquire Germany-based customer relationship management (CRM) and mobility software provider CAS Computer AG. The acquisition is expected to close by the end of January 2011. Financial terms of the...
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News Summary
Monday, November 22, 2010 - 10:31am | 212Shares of Tyson Foods Inc (NYSE: TSN) gained about 3.5% after the company swung to FQ4 profit. The company posted its net income at $0.57 per share, compared with a loss of $1.23 per share, in the year-ago period. Excluding special items, Tyson posted its earnings at $0.64 per share. The company's...
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Company News for November 22, 2010 - Corporate Summary
Monday, November 22, 2010 - 10:30am | 687• Tyson (NYSE: TSN) posted fiscal fourth quarter earnings of $0.64, beating estimates of $0.56. Revenues were $7.44 billion, below estimates of $7.75 billion • Tech Data (NASDAQ: TECD) reported third quarter earnings $1.07 up from estimates of $0.95 on revenues of $6.16 billion that beat estimates...
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Coffee Is On Fire This Morning (GMCR)
Monday, November 22, 2010 - 10:28am | 63Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is skyrocketing this morning after the company's restatement of earnings wasn't nearly as bad as many expected. The company said it will restate earnings for 2007-2010 and it will shave off 4 to 5 cents in EPS. At last check, shares of GMCR were...