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Bernstein Liebhard LLP Announces Investigation of Green Mountain Coffee
Wednesday, September 29, 2010 - 12:44pm | 90Bernstein Liebhard LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors of Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR). Green Mountain shares fell 15% today after it was disclosed that the Securities...
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Synutra Receives Public Apology from Phoenix TV
Wednesday, September 29, 2010 - 11:35am | 79Synutra International, Inc. (Nasdaq: SYUT) today announced that the Company has received a formal public apology from Phoenix Satellite Television Holdings Limited for promulgating false claims against Synutra. The on-air apology, delivered on the same program as were the false claims, resolves...
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Wednesday's Mid-day Options Volume Leaders (AAPL, HPQ, GMCR, BAC, C)
Wednesday, September 29, 2010 - 11:28am | 167The overall market is drifting around this morning, failing to find a definitive direction; currently, the S&P 500 (CBOE: SPX) is lower on the session by 4.54 points, trading at $1,143. Note that the 5-day moving average, a key short-term indicator, is at $1,141. Here are your mid-day options...
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Benzinga's Top Pre-Market NASDAQ Losers (GMCR, ARMH, GOLD, WYNN)
Wednesday, September 29, 2010 - 8:52am | 129Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) dipped 13.70% to $31.94 in the pre-market session. GMCR announced the investigation of its revenue recognition practices by the SEC. ARM Holdings Plc (NASDAQ: ARMH) lost 1.39% to $19.11 in the pre-market session. ARM Holdings' earnings are likely to...
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Hormel Foods Announces Executive Promotions (HRL)
Wednesday, September 29, 2010 - 8:03am | 42Hormel Foods Corporation (NYSE: HRL) today announced that Steven G. Binder has been named executive vice president of Refrigerated Foods and Jody H. Feragen has been named executive vice president and chief financial officer.
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Hormel Foods Announces Executive Retirement
Wednesday, September 29, 2010 - 8:03am | 32Hormel Foods Corporation (NYSE: HRL) today announced the retirement of James W. Cavanaugh, senior vice president of external affairs and general counsel, effective Jan. 30, 2011.
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A Peek Into The Market Before The Trading Starts
Wednesday, September 29, 2010 - 7:36am | 436Pre-open movers US stock futures moved down and gold reached another all-time high. The US dollar continued its downward movement. Futures on the Dow Jones Industrial Average fell 8 points to 10,780. S&P 500 futures dropped 1.40 points to 1,140 and Nasdaq 100 futures moved down 0.25 points to 2...
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Campbell Soup Downgraded To Hold, CEO Steps Down
Wednesday, September 29, 2010 - 7:17am | 102Deutsche Bank has published a research report for Campbell Soup Company (NYSE: CPB) with breaking news about Campbell's management changes. In the report, Deutsche Bank writes "CEO Douglas Conant announced his retirement to coincide with Campbell Soup's F2011 end in July. The Board announced Denise...
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Stocks To Watch For September 29 (FDO, ZZ, WOR, CPB, HPQ)
Wednesday, September 29, 2010 - 4:40am | 241Some of the stocks that may grab the investor focus today are: Wall Street expects Family Dollar Stores Inc (NYSE: FDO) to post its FQ4 EPS of $0.51. FDO's shares gained 0.48% to $43.55 in after-hours trading. Sealy Corp (NYSE: ZZ) posted a Q3 loss of $0.16 per share. The company's earnings, after...
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Update On Green Mountain (GMCR)
Tuesday, September 28, 2010 - 5:16pm | 84Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) continue to plunge, now down more than 11% after the SEC has inquired into the company about how it recognizes revenue. Green Mountain said it is complying with the SEC on this matter. The entire statement can be found in the company's 8-...
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Green Mountain Roasted After SEC Inquiry (GMCR)
Tuesday, September 28, 2010 - 4:47pm | 35Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) are getting hammered after hours after the SEC inquired into the quality control. Shares are down 10% or $3.64 to $33.37.
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Campbell Soup Company Announces New Executive Vice President and Chief Operating Officer
Tuesday, September 28, 2010 - 4:32pm | 55Campbell Soup Company (NYSE: CPB) today announced the new senior leadership team that will report to Denise M. Morrison, who has been elected by the Board of Directors as the company's Executive Vice President and Chief Operating Officer and as a Director of the company, effective Oct. 1, 2010.
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New PT For Cal-Maine
Tuesday, September 28, 2010 - 9:20am | 32Morgan Joseph has changed the price target for Cal-Maine Foods (NASDAQ: CALM) from $37 to $38 and reiterates its Buy rating. Cal-Maine Foods closed yesterday at $29.73.
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Hormel Foods Corporation Declares Quarterly Dividend $.21
Tuesday, September 28, 2010 - 8:33am | 37The Board of Directors of Hormel Foods Corporation (NYSE: HRL) has declared a regular quarterly dividend of twenty-one cents (21¢) per share on the common capital stock of the corporation.
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Bond & Equity Markets Realigning 09-27-2010
Monday, September 27, 2010 - 6:31pm | 852Cusick's Corner The market sold off into the close, realigning the Bond and Equity markets today. In previous months this situation held true, “as Bond yields go, so does the market” only to be decoupled this month up until today. The 10 year pulled back hard today, and into the last half hour of...