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Kraft Beats by a Penny, Reaffirms (revised) - Analyst Blog
Monday, November 8, 2010 - 2:03pm | 413Kraft Foods Inc. (KFT) delivered third quarter results with earnings of 47 cents per share, which beat the Zacks Consensus Estimate by a penny. Earnings for the quarter fell 11.3% from 53 cents per share in the year-ago quarter. Revenue and Operating Income Quarterly net revenue spiked 26.2% to $11...
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Cal-Maine Foods, Inc. Conducts Voluntary Egg Recall
Monday, November 8, 2010 - 1:29pm | 124Cal-Maine Foods, Inc. (NASDAQ: CALM) today was notified by the Food & Drug Administration (FDA) that one of the Company's suppliers, Ohio Fresh Eggs, LLC, Croton, Ohio, had a routine environmental study sample which tested positive for Salmonella Enteritidis (SE). Cal-Maine purchased...
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Zacks Analyst Blog Highlights: Kraft Foods, Public Storage, ValueClick, Digital River and Google - Press Releases
Monday, November 8, 2010 - 11:33am | 2160For Immediate Release Chicago, IL – November 8, 2010 – Zacks.com Analyst Blog features: Kraft Foods Inc. (KFT), Public Storage (PSA), ValueClick Inc. (VCLK), Digital River Inc. (DRIV) and Google Inc. (GOOG). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros...
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Zacks Earnings Preview: Cisco, Disney, Sara Lee, Macy, and J.C. Penney - Press Releases
Monday, November 8, 2010 - 11:33am | 1705For Immediate Release Chicago, IL – November 8, 2010 – Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Cisco (CSCO), Disney (DIS), Sara Lee (SLE), Macy (M) and J.C. Penney (JCP). To see more earnings analysis, visit http://at.zacks.com/?id=3207...
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Hain Celestial Upgraded to Buy at Argus
Monday, November 8, 2010 - 10:52am | 20Hain Celestial (NASDAQ: HAIN) is upgraded from Hold to Buy at Argus.
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Hain Celestial's Earnings Climb - Analyst Blog
Monday, November 8, 2010 - 10:39am | 560The Hain Celestial Group Inc. (HAIN), which distributes, markets and sells various natural and organic foods as well as personal care products, has posted first-quarter 2011 financial results. Quarterly earnings of 25 cents a share remained in line with the Zacks Consensus Estimate, but...
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The Daily Long and Short Setup
Monday, November 8, 2010 - 10:25am | 124Futures continuing to look weak, which, should it accelerate at all to the downside, would offer us a great opportunity, at some point in the day, to add a few new long positions to the portfolio. Be aware that today's long setup reports earnings tomorrow, so for now, you may want to simply add...
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SunOpta Acquires Dahlgren & Company, Inc. for $44M
Monday, November 8, 2010 - 8:44am | 71SunOpta Inc. (Nasdaq: STKL) today announced that it has signed definitive agreements to acquire 100% of the outstanding shares of Dahlgren & Company, Inc., on a debt free basis, for cash consideration of $44 million, subject to normal post closing adjustments, plus an earn-out based on pre-...
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Jefferies Raises Price Target On Hain Celestial (HAIN)
Monday, November 8, 2010 - 8:38am | 87Jefferies & Co. is raising its price target on Hain Celestial (NASDAQ: HAIN) to $30 from $28, and is keeping its Buy rating on shares. In a note to clients, Jefferies states, "Hain's core North American business continues to rebound with both margin and sales trends moving higher. The benefits...
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Cal-Maine Food's Announces Voluntary Egg Recall (CALM)
Sunday, November 7, 2010 - 4:31pm | 123The Food & Drug Administration notified Cal-Maine Foods (NASDAQ: CALM) on November 6 a random sample from one of their unprocessed egg suppliers, Ohio Fresh Eggs, LLC, tested positive for Salmonella Enteritidis (SE). The eggs in question were repackaged by Cal-Maine at their Arkansas plant...
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Kraft Misses but Reaffirms Guidance - Analyst Blog
Friday, November 5, 2010 - 4:45pm | 410Kraft Foods Inc. delivered third quarter results with earnings of 43 cents per share, which were below the Zacks Consensus Estimate of 48 cents by 10.4% and year-ago earnings of 55 cents by 21.8%. Lower profits were primarily attributable to lower tax rate in 2009 and acquisition-related costs...
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Market Continues Kung Fu Fighting 11-05-2010
Friday, November 5, 2010 - 1:59pm | 1022Cusick's Corner The market continues Kung Fu Fighting, and while the Fed intervention seemed quite frightening, those Cats (the Fed) fight with expert timing! (I never thought that I would work this one into the Corner, thanks Doug.) But the Fed seems to have pulled off the greatest timing for...
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Hain Celestial Gaining Ground (HAIN)
Friday, November 5, 2010 - 11:40am | 104Shares of Hain Celestial (NASDAQ: HAIN) are climbing on unusual volume on Friday after the company reported earnings yesterday morning and the CEO appeared on CNBC's Mad Money with Jim Cramer last night. HAIN reported earnings per share of $0.25, which was in line with analysts' estimates. Revenues...
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TreeHouse Foods, Inc. Reports Third Quarter EPS of $.68
Friday, November 5, 2010 - 8:10am | 62TreeHouse Foods, Inc. (NYSE: THS) today reported third quarter earnings of $24.9 million compared to $28.1 million last year. Earnings for the quarter were $0.68 per fully-diluted share compared to $0.85 per fully-diluted share in the third quarter of last year. On an adjusted basis, as...
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Fast Money Picks For November 5th (HLF, KFT, CSX, STJ, MCP)
Thursday, November 4, 2010 - 7:15pm | 227Patty Edwards said on CNBC's Fast Money that she wants to buy Herbalife Ltd. (NYSE: HLF), because of its overseas exposure. Herbalife (HLF) gained 3.05% on Thursday, and closed at $65.52. Steve Cortes thinks that Kraft Foods Inc. (NYSE: KFT) is a buy. Kraft Foods Inc. (KFT) gained 0.70% in the...