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US Stock Futures Face Dismal Day Again
Friday, August 20, 2010 - 7:21am | 377Stock futures face another dismal day on Friday following Thursday’s selloff over economic concerns, weaker-than-expected jobless claims data and a negative Philadelphia Fed Index. The DOW futures fell 67 points to 10,271, the S&P 500 futures shed 7.3 points to 1,075.63, and the NASDAQ futures...
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Earnings Scheduled For August 20 (SJM, ANN, HRL, COCO, KIRK, CHMP, MTRX, HIBB)
Friday, August 20, 2010 - 6:10am | 217JM Smucker (NYSE: SJM) is expected to post its FQ3 profit of $0.96 per share on $1.07 billion in revenue. AnnTaylor (NYSE: ANN) is estimated to report its Q2 EPS at $0.33 on revenue of $503.30 million. Hormel Foods Corp (NYSE: HRL) may post its FQ3 earnings of $0.60 per share on $1.67 billion in...
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Stocks To Watch For August 20 (HPQ, HRL, DELL, SJM, CRM)
Friday, August 20, 2010 - 5:43am | 296Some of the stocks that may grab the investor focus today are: After yesterday's closing bell, Hewlett-Packard Co (NYSE: HPQ) reported its FQ3 profit of $0.75 per share, as compared to $0.69 per share, in the year-ago period. The company posted its revenue at $30.7 billion. The company’s adjusted...
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Green Mountain Coffee COO Sells 200,000 Shares of GMCR
Thursday, August 19, 2010 - 3:51pm | 65In a Form 4 filed earlier today, Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) Chief Operating Officer, Richard Scott McCreary, reported that he exercised and sold 200,000 shares of GMCR on August 18th for an average price of $33.08. The exercise price was $1.47. The transaction totaled $6,615...
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This Is One Bad Egg (CALM)
Thursday, August 19, 2010 - 12:53pm | 186The Wall Street Journal just wrote an article about the massive egg recall that is going on, as people are getting salmonella poisoning. Here is the link to the CDC press release. No deaths have been reported, said Christopher Braden, a CDC epidemiologist involved in the investigation to the Wall...
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Energy Transfer Partners to Offer Common Units - Analyst Blog
Wednesday, August 18, 2010 - 3:37pm | 403Energy Transfer Partners L.P. (ETP) -- a natural gas and propane gas master limited partnership (MLP) – commenced an underwritten public offering of 8 million common units representing limited partner interests. The partnership also intends to provide the underwriters with a 30-day option to...
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BB&T Reiterates Buy Rating on Calavo Growers (CVGW)
Wednesday, August 18, 2010 - 3:11pm | 192BB&T Capital Markets is out with a research report this afternoon, where it reiterates its Buy rating on Calavo Growers Inc. (NASDAQ: CVGW); it has a $27 price target on the stock. The BB&T analysts cited a recent conference call with management, where the key takeaways were positive. They...
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Lance, Inc. and Snyder's of Hanover, Inc. Announce Clearance for Merger (LNCE)
Wednesday, August 18, 2010 - 1:49pm | 85Lance, Inc. (NASDAQ: LNCE) and Snyder's of Hanover, Inc. today announced they have received clearance from the U.S. Federal Trade Commission via early termination of the review process under the Hart-Scott-Rodino Antitrust Improvements Act for their previously announced proposed merger of equals...
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Chocolate Lowers Heart Failure Risk for Women
Wednesday, August 18, 2010 - 12:19am | 546Chocolate has lots of benefits. It reportedly reduces wrinkles and aging according to chocolate maker, Barry Callebaut AG (BYCBF.PK), and it also helps lower blood pressure and reduce the possibility of strokes. It is even good for your liver. Chocolate has even been beneficial for Warren Buffett's...
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Green Mountain Coffee Roasters Continues To Rise On Heavy Volume (GMCR)
Tuesday, August 17, 2010 - 3:35pm | 132Green Mountain Coffee Roasters (NASDAQ: GMCR) is rallying on heavy volume today and has made a new 52-week high. This stock has been in bullish mode over the last three months, gaining over 40%. GMCR is actually almost always in bullish mode, as it was the best performing stock of the last decade,...
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Stocks Going Ex Dividend the Fifth Week of August
Tuesday, August 17, 2010 - 11:31am | 713Here 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...
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Former ConAgra Unit Fined - Analyst Blog
Tuesday, August 17, 2010 - 10:04am | 438ConAgra Trade Group, a former unit of ConAgra Foods Inc. (CAG), has been fined $12 million by the U.S. Commodity Futures Trading Commission (CFTC) for artificially bidding up the price of crude. On January 2, 2008, ConAgra’s trader bought an oil contract at $100 per barrel on the New York...
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Green Mountain Coffee Stays Strong (GMCR)
Monday, August 16, 2010 - 3:32pm | 101Shares of Green Mountain Coffee (NASDAQ: GMCR) are moving higher today and are eyeing their 52-week high. Shares of the coffee wholesaler and distributor are up $1.12, or 3.62%, to $32.03. The 52-week high of $33.20 is within reach as the stock has displayed impressive strength recently despite a...
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Bonds Prices on the Move 08-16-2010
Monday, August 16, 2010 - 2:24pm | 916Cusick’s Corner The market is stuck in a tight range on very light trading going into the Midday. Equities are not really tipping either way, so it looks like traders are happy at this stage hanging out in the dog days. But bond traders are busy, the long end of the curve is really on the move...
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Synutra International Rises After China's Health Ministry Removes Doubts Surrounding Its Milk Powder
Monday, August 16, 2010 - 2:23pm | 98Shares of Synutra International Inc (NASDAQ: SYUT) are rising after the China's Health Ministry removed the doubts surrounding its milk powder. SYUT’s shares jumped 15.80% to $14.22 at 2:10 pm. After the clinical tests of SYUT’s milk powder, China's Health Ministry ruled out that the powder...