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Zacks Releases Four Powerful ''Buy'' Stocks: The Timberland Company, The J.M. Smucker Company, Dupont and Arch Chemicals - Press Releases
Thursday, September 9, 2010 - 11:03am | 1314For Immediate Release Chicago, IL – September 9, 2010 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
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Zacks #5 Rank Additions for Thursday - Tale of the Tape
Thursday, September 9, 2010 - 8:42am | 347Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acorn International Inc (ATV) Bally Technologies Inc (BYI) Calavo Growers Inc (CVGW) Capstead Mortgage Corp (CMO) Carter's Inc (CRI) View the entire Zacks #5 Rank List. ACORN INTL-ADR (ATV): Free Stock Analysis Report ...
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The J.M. Smucker Company - Growth & Income
Thursday, September 9, 2010 - 7:21am | 380The J.M. Smucker Company (SJM) recently beat the Zacks Consensus Estimate by 9%, which was its ninth consecutive earnings surprise. Sales are expected to increase 22% next year. Company Description J.M. Smucker Co is famous for its jams and jellies, but it also owns an impressive portfolio of...
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Kraft Foods to Present New Global Growth Strategy
Wednesday, September 8, 2010 - 4:52pm | 63Kraft Foods (NYSE: KFT) will present its strategic roadmap to sustainable, top-tier growth to investors and analysts on Wednesday, Sept. 15, 2010, from 8 a.m. to noon EDT. Chairman and CEO Irene Rosenfeld, CFO Tim McLevish, the company's regional presidents for North America, Europe and Developing...
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Hormel to Acquire Don Miguel - Analyst Blog
Wednesday, September 8, 2010 - 2:03pm | 331A joint venture between Hormel Foods Corporation (HRL) and Mexico-based Herdez Del Fuerte, S.A. de C.V. named MegaMex Foods LLC decided to acquire Don Miguel Foods Corp. entirely from TSG4 L.P., a private equity fund sponsored by TSG Consumer Partners LLC, and private investors. The transaction is...
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Top Narrow Based Indexes For September 8 (NBS, PIR, GMCR)
Wednesday, September 8, 2010 - 1:45pm | 209By 1:06 pm, the Dow Jones Industrial Average was up 67.81 points, or 0.66%, to 10,408.50, while the broader Standard & Poor's 500 index had gained 9.72 points, or 0.89%. The NASDAQ composite index rose 24.77 points, or 1.12%. Some of the narrow based indexes that are driving the market are Stem...
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Late Market Roundup (BWA, MGA, TEN, DAN, TWX, SFD)
Wednesday, September 8, 2010 - 1:20pm | 278Analysts at JP Morgan lowered its ratings and estimates on many auto-parts makers due to its lowered Q2 projections for car sales and production. Shares of BorgWarner Inc (NYSE: BWA), Magna International Inc (NYSE: MGA), Tenneco Inc (NYSE: TEN) and Dana Holding Corp (NYSE: DAN) moved down more than...
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EPD: Inorganic Growth Continues - Analyst Blog
Wednesday, September 8, 2010 - 1:15pm | 475Enterprise Products Partners, L.P. (EPD), a leading master limited partnership (MLP), and Enterprise GP Holdings, L.P. (EPE) have joined hands for a definitive unit-for-unit merger agreement. With this agreement, EPD’s long-term cost of capital will be lower and its organizational structure will...
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Green Mountain Coffee Roasters Hitting New Highs (GMCR)
Wednesday, September 8, 2010 - 11:46am | 99Shares of Green Mountain Coffee Roasters (NASDAQ: GMCR) are surging during Wednesday's trading session. The stock has climbed 8.59% to $33.89 on heavier than usual volume. More than 3.15 million GMCR shares have traded hands versus a daily average of just 2.5 million. Year-to-date, Green Mountain...
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STOCKS ON THE MOVE (GMCR),(LULU),(STI)
Wednesday, September 8, 2010 - 10:10am | 35STOCKS ON THE MOVE (GMCR),(LULU),(STI) all look good coming thru 15 day SMA.
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Stock Market Shrugs Off Weaker than Expected German IP
Wednesday, September 8, 2010 - 10:07am | 754The SP500 chart above shows a flush from the 2 am high at 1093.75 to 4.15 am low at 1086.25.. The early morning decline was the result of a weaker than expected German IP report for July. However, the SP500 rebounded to take out the 2 am high. In swing theory, this implies the decline from Sunday/...
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Company News for September 8, 2010 - Corporate Summary
Wednesday, September 8, 2010 - 9:39am | 780• Bristol-Meyers (NYSE: BMY) said it agreed to acquire ZymoGenetics (NASDAQ: ZGEN) for $9.75 per share, in a deal valued at 885 million • A Bloomberg report said Vodafone (NASDAQ: VOD) will sell its stake in China Mobile (NYSE: CHL) for $6.6 billion • Smithfield Foods (NYSE: SFD) posted inline...
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A Peek Into The Market Before The Trading Starts
Wednesday, September 8, 2010 - 9:21am | 491Pre-open movers US stock futures wiped its previous losses and are currently trading higher after the successful bond auction by the government of Portugal. This latest development has compensated for the weak German economic data. Futures on the Dow Jones Industrial Average were recently up 25.00...
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Sara Lee Announces Results of Tender Offer
Wednesday, September 8, 2010 - 8:52am | 169Sara Lee (NYSE: SLE) announced today the results of the previously announced cash tender offer for any and all of its 6 ¼% Notes due 2011. The tender offer expired at 5:00 p.m., New York City time, on September 7, 2010. Based on the final tabulation provided by D. F. King & Co., Inc., the...
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General Mills Reaffirms Fiscal 2011 Earnings Guidance (GIS)
Wednesday, September 8, 2010 - 8:14am | 125General Mills (NYSE: GIS) said it was on track to achieve its sales and earnings targets for the fiscal year ending May 2011. The company reaffirmed its fiscal 2011 earnings per share guidance of $2.46 to $2.48 before any effects of mark-to-market valuation. General Mills also said it expects first...