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Stocks To Watch For September 1 (HNZ, PKI, PSS, HPQ, SAI)
Wednesday, September 1, 2010 - 5:04am | 251Some of the stocks that may grab the investor focus today are: Wall Street expects HJ Heinz Company (NYSE: HNZ) to report its earnings at $0.73 per share for the latest quarter. HNZ’s shares gained 0.29% to $46.38 in after-hours trading. PerkinElmer Inc (NYSE: PKI) has announced to sell its...
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S&P Waffles Around Key 1050 Level 08-31-2010
Tuesday, August 31, 2010 - 7:13pm | 862Cusick’s Corner The market waffled around key S&P support-resistance levels of 1050 and remains under pressure due to the uncertainty over the data that’s coming out during the rest of the week. One factor potentially holding this market up today may be a byproduct of a little end-of-the-...
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Fast Money Picks For September 1st (MON, LGF, MOT, DF)
Tuesday, August 31, 2010 - 7:06pm | 154On CNBC's Fast Money, Joe Terranova recommended investors to buy Dean Foods Company (NYSE: DF) on Wednesday. Dean Foods Company (DF) spiked 4.29% today. Tim Seymour thinks that it would be a good idea to buy Monsanto Company (NYSE: MON) on the dip. Monsanto Company (MON) fell 5.81% today. Guy Adami...
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Calls Volume Grows on Dean Foods (DF)
Tuesday, August 31, 2010 - 11:16am | 172Shares of Dean Foods Co. (NYSE: DF) are higher on the session by 3.98%, currently trading at $10.19. The stock has been moving largely sideways for the past five months after a sharp drop lower, on very high volume, back in mid-May. The stock is trading below the 50-day moving average. Options...
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Unconfirmed Chatter FTC has reportedly given Danone SA has a tentative green light to acquire Dean Foods (DF), $14.50 per-share offer expected
Tuesday, August 31, 2010 - 9:58am | 42Unconfirmed Chatter FTC has reportedly given Danone SA has a tentative green light to acquire Dean Foods (DF), $14.50 per-share offer expected..(DF) could not be reached for comment
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Restaurants: Commodity Prices Becoming More Worrisome
Tuesday, August 31, 2010 - 8:09am | 339Deutsche Bank says, “The opportunity set for global, integrated agribusiness processors has markedly improved with the shortfall in FSU grain production. Though global stocks-to-use for wheat are adequate, the U.S. should gain a greater share of trade. Corn exports are also benefiting as a...
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Deutsche Bank Expects Investors To Focus On DLM’s Share Trends And Competitive Activity
Tuesday, August 31, 2010 - 8:05am | 115Analysts at Deutsche Bank reiterate their "buy" rating on Del Monte Foods (NYSE: DLM). The target price for DLM is set to $17. According to Deutsche Bank, “Del Monte reports F1Q11 (end July) results on Thu., Sep. 2, 2010. We expect opr EPS of $0.26 with sales about flat.” “We expect investors to...
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Deutsche Bank: CPB’s FQ4 Earnings Preview, A Detailed Analysis
Tuesday, August 31, 2010 - 8:01am | 126Analysts at Deutsche Bank reiterate their "hold" rating on Campbell Soup Company (NYSE: CPB). The target price for CPB is set to $36. According to Deutsche Bank, “Campbell Soup reports F4Q10 (end July) results on Fri., Sep. 3, 2010. In the smallest seasonal quarter, we expect opr EPS of $0.29 with...
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Earnings Scorecard: Hormel Foods - Analyst Blog
Monday, August 30, 2010 - 6:36pm | 672Following the strong third quarter results on August 20, the analysts have turned optimistic on Hormel Foods Corporation (HRL) due to improved demand on account of gradual market recovery. Reported earnings per share (EPS) of 63 cents surpassed the Zacks Consensus Estimate by 4 cents. Thus, fiscal...
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Merger Monday 08-30-2010
Monday, August 30, 2010 - 3:15pm | 816Cusick’s Corner Why is there all this merger talk? Cash -- these large caps are sitting on cash and they have to spend it either on a competitor or buy a struggling best of breed in a segment that may strengthen position in that market space or balance sheet. A great example of this is Intel’s (...
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Calls Purchased on Smithfield Foods (SFD)
Monday, August 30, 2010 - 2:49pm | 192Shares of Smithfield Foods Inc. (NYSE: SFD) are lower on the session by 0.98%, currently trading at $16.16. The stock has been moving largely lower over the past six months, but has been in a bottoming pattern over the past three months and is now trading above the 50-day moving average. Options...
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Wunderlich Recommends Buying Dips For MLP Groups
Monday, August 30, 2010 - 2:25pm | 135Wunderlich Securities recommended buying any dipping shares in master limited partnership (MLP) groups, after President Barack Obama's tax reform panel submitted their recommendations. Among the options listed in the report were ones eliminating tax exemptions for MLP groups, but Wunderlich cites a...
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Green Mountain Coffee Roasters - Momentum
Monday, August 30, 2010 - 4:06am | 807Green Mountain Coffee Roasters (GMCR) recently hit a new all-time high of $33.98 on the explosive growth of its home-brewing packets and products. The company has either matched or beaten the Zacks Consensus Estimate in each of the last four quarters. The recent up draft we have seen in shares of...
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August 30, 2010: October Suprise? Cuba Opens (A Little) For Business.
Sunday, August 29, 2010 - 7:30pm | 828The planets are aligned for the entry of companies into Cuba. Yes, one of the worst places on earth to do business may well be open for business soon, and on terms to entice investment. True, this has been stated in previous years, but "this time it's different". Think China and Richard Nixon's...
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Buffett Gets 20% of Munger's Wesco - Analyst Blog
Friday, August 27, 2010 - 5:03pm | 763Yesterday, Waren Buffett, the chairman and CEO of Berkshire Hathaway Inc. (BRK.A, BRK.B) announced its intention to buy 20% of Wesco Financial Corp. (WSC), a company run and controlled by Charles T. Munger. Following approval by shareholders’ of both the companies, the Wesco deal will be...