-
NASDAQ Stocks Hitting 52-Week Highs (GMCR, ATML, DMRC, EXAS)
Tuesday, September 21, 2010 - 12:50pm | 146Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) shares reached $36.94 to create a new 52-week high, before falling to $36.84, representing a 2.42% gain. GMCR had announced to purchase Van Houtte for $890 million. Atmel Corporation (NASDAQ: ATML) shares gained 1.52% to touch a new 52-week high of...
-
Chiquita Maintained At Buy
Tuesday, September 21, 2010 - 9:05am | 152Chiquita Brands International, Inc. (NYSE: CQB) attended an investor meeting held by BB&T Capital Markets. Key takeaways from the meeting were: "Local EU banana pricing has improved considerably and we estimate will be up in the mid- to high-single-digit range for CQB for Q3. Although the euro...
-
A Peek Into The Market Before The Trading Starts
Tuesday, September 21, 2010 - 8:43am | 472Pre-open movers US futures were mixed as the investors moved to the sidelines, awaiting the Federal Reserve decision on the monetary policy, today. Futures on the Dow Jones Industrial Average rose 7 points to 10,678 and S&P 500 futures moved down 1.20 points to 1,135. Nasdaq 100 futures gained...
-
ConAgra Reports Weaker-Than-Expected FQ1 Results, Raises Dividend
Tuesday, September 21, 2010 - 8:19am | 253ConAgra Foods Inc (NYSE: CAG) reported an 11.4% y/y decline in its fiscal first-quarter profit. CAG posted its FQ1 profit at $146.3 million, or $0.33 per share, down from $165.2 million or $0.37 per share, in the year-ago quarter. The company's revenue slipped 2.4% y/y to $2.82 billion, as compared...
-
US Futures Moved Down As Investors Await Federal Reserve Decision On Monetary Policy
Tuesday, September 21, 2010 - 7:59am | 410US futures fell as the investors moved to the sidelines, awaiting the Federal Reserve decision on the monetary policy, today. Futures on the Dow Jones Industrial Average fell 6 points to 10,665 and S&P 500 futures moved down 0.90 points to 1,136. Nasdaq 100 futures lost 0.75 points to 1,981....
-
ConAgra Q1 Results Miss Street View
Tuesday, September 21, 2010 - 7:39am | 58ConAgra Foods Inc (NYSE: CAG) reports its Q1 adjusted EPS at $0.34, versus the consensus $0.40. CAG reports its Q1 revenue at $2.82 billion, as compared to the estimates of $3 billion. CAG's shares lost 3.89% to $21.50 in pre-market trading. Read more from Benzinga's Company news.
-
ConAgra Foods Reports Fiscal 2011 First-Quarter EPS of $.34; Revises Outlook
Tuesday, September 21, 2010 - 7:38am | 162ConAgra Foods, Inc., (NYSE: CAG) one of North America's leading packaged food companies, today reported results for the fiscal 2011 first quarter ended Aug. 29, 2010. Diluted EPS from continuing operations was $0.32, including $0.02 per diluted share of net expense from items impacting...
-
ConAgra Foods Increases Dividend by 15%
Tuesday, September 21, 2010 - 7:32am | 75The board of directors of ConAgra Foods, Inc., (NYSE: CAG) approved a dividend increase by raising the quarterly dividend 15% to $0.23 per share from $0.20 per share currently. On an annualized basis, the dividend increases to $0.92 per share from $0.80 per share. The first payment of the new...
-
Earnings Scheduled For September 21 (AZO, CAG, CCL, ADBE, GIS, DRI, CTAS, ALOG, PRGS)
Tuesday, September 21, 2010 - 5:31am | 239AutoZone Inc (NYSE: AZO) is expected to report its FQ4 earnings of $5.44 per share on revenue of $2.4 billion. ConAgra Foods Inc (NYSE: CAG) is likely to post its FQ3 EPS of $0.39 on $2.96 billion in revenue. Carnival Corp (NYSE: CCL) is estimated to report its FQ3 earnings of $1.47 per share on...
-
Stocks To Watch For September 21 (ADBE, GDI, GE, CAG, HPQ, ORCL, AZO)
Tuesday, September 21, 2010 - 5:13am | 254Some of the stocks that may grab the investor focus today are: Wall Street expects Adobe Systems Incorporated (NASDAQ: ADBE) to post its FQ3 profit at $0.49 per share. ADBE's shares gained 0.12% to $33.15 in after-hours trading. Gardner Denver Inc (NYSE: GDI) has appointed Michael Larsen as the...
-
Stocks Going Ex Dividend the Fifth Week of September
Monday, September 20, 2010 - 10:58pm | 706Here 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...
-
Campbell Goes Even Healthier - Analyst Blog
Monday, September 20, 2010 - 7:48pm | 543Campbell Soup Company's (CPB) Pepperidge Farm division is said to be further reducing sodium across its portfolio of 84 breads, rolls and bagels. The company states that by February 2011, 80% of the Pepperidge Farm products will have at least 25% lower sodium than regular breads, rolls and bagels....
-
An unpopular commodity stock paying a 6.4% dividend
Monday, September 20, 2010 - 3:36pm | 1024I'm not proud of this recommendation, but... A solid investment Just don't tell your spouse about it I've written about unpopular, unloved and/or ignored commodities before - like lead, uranium, alcohol and farmland - even marijuana. We can argue about...
-
Morgan Stanley Lowers Q1 estimates On ConAgra Foods
Monday, September 20, 2010 - 11:34am | 49Morgan Stanley recently lowered its estimates for ConAgra Foods (NYSE: CAG) to $0.37 from $0.39. The estimate is below the consensus $0.39 estimate. IRI data indicates that ConAgra's sales declined by about 4%, an underperformance relative to the coverage universe. ConAgra shares are up $0.16...
-
Earnings Preview: ConAgra Foods - Analyst Blog
Monday, September 20, 2010 - 11:06am | 727ConAgra Foods (CAG), one of North America 's leading food companies, is scheduled to report its first-quarter fiscal 2011 financial results on Tuesday, September 21, 2010. The current Zacks Consensus Estimate for the quarter is 39 cents a share. Fourth Quarter Summary ConAgra Foods Inc. reported...