-
MarkWest Fails to Top Zacks - Analyst Blog
Wednesday, August 11, 2010 - 2:04pm | 846MarkWest Energy Partners L.P. (MWE), a master limited partnership (MLP), reported disappointing second quarter 2010 results. Earnings per unit, excluding marked-to-market derivative loss and compensation expense, came in at 3 cents, which were way below the Zacks Consensus Estimate of 20 cents and...
-
Calls Purchased on ConAgra Foods (CAG)
Wednesday, August 11, 2010 - 12:21pm | 139Shares of ConAgra Foods Inc. (NYSE: CAG) are lower on the session by 2.71%, currently trading at $21.56. The stock has been moving largely lower over the past six months, off from recent highs near $26.00. Options traders are buying calls on the name today, betting that the stock may be at a short-...
-
Green Mountain Coffee Bucks The Downtrend (GMCR)
Wednesday, August 11, 2010 - 10:19am | 73Shares of Green Mountain Coffee (NASDAQ: GMCR) are bucking the market's downtrend this morning after Luigi Lavazza agreed to purchase 7% of its common stock. Lavazza, an Italy-based maker of coffee machines, will retain an option to buy up to 15% of Green Mountain Coffee stock as the two companies...
-
Rumo Receives BNDES Finance - Analyst Blog
Wednesday, August 11, 2010 - 8:46am | 608Brazil-based Cosan Ltd’s (CZZ) indirect subsidiary Rumo Logística S.A. (Rumo) through its subsidiary Cosan Operadora Portuária S.A. secured financing of approximately R$614 million from the Brazilian Development Bank (BNDES). The financial assistance has a term period of up to 12 years and costs a...
-
How to Get a Dividend from Warren Buffett's Berkshire Hathaway
Wednesday, August 11, 2010 - 1:34am | 396Let's say that you are a dividend investor who likes Warren Buffett. It won't do you any good to by Berkshire Hathaway A shares (BRK-A) or B shares (BRK-B), since the stock doesn't pay a dividend. So what's an income investor to do? You check out the list of all the stocks owned by Warren Buffett,...
-
Benzinga’s Volume Movers (SYUT, QNST, NFLX, FOSL)
Tuesday, August 10, 2010 - 1:23pm | 163Synutra International, Inc (NASDAQ: SYUT) shares gained 4.09% to $13.24 at 1:17 pm. The volume of SYUT shares traded was 395% higher than normal. IDSA has secured $48.8 million credit line from Fifth Third Bancorp (NASDAQ: FITB). QuinStreet, Inc (NASDAQ: QNST) shares jumped 11.49% to $11.16. The...
-
Oppenheimer Provides Update On Synutra (SYUT)
Tuesday, August 10, 2010 - 12:12pm | 56Oppenheimer released its quarterly update for Synutra International Inc. (NASDAQ: SYUT). Oppenheimer stated that, "Synutra delivered another strong quarter with revenue and EPS handsomely beating our estimates by 5% and 19%." In addition, Oppenheimer feels Synutra's stellar results will likely...
-
Benzinga’s Top Downgrades (ADY, RBS, SWSI, ALV)
Tuesday, August 10, 2010 - 6:56am | 158American Dairy Inc (NYSE: ADY) was downgraded by Roth Capital from “buy” to “hold.” ADY’s shares closed at $9.95 yesterday. American Dairy’s quarterly earnings dipped 83.91% y/y. Credit Suisse downgraded Royal Bank of Scotland Group Plc (NYSE: RBS) from "outperform" to "neutral." RBS’ shares closed...
-
Jim Cramer's Mad Money Lightning Round (EGO, SD, TSN, POT, DE, MON, AGU, ETP, KMP)
Monday, August 9, 2010 - 8:11pm | 290On CNBC's Mad Money Lightning Round, Jim Cramer said that he likes gold, and he believes that it will go higher in September. Cramer likes Eldorado Gold Corporation (USA) (NYSE: EGO), and believes that it is the fastest growing gold stock in the world. Eldorado Gold Corporation (USA) (EGO) gained 0...
-
Stock Market News for August 9, 2010 - Market News
Monday, August 9, 2010 - 5:52pm | 958A greater-than-anticipated drop in July non-farm payrolls sent investors away from stocks Friday, but the losses were modest and stocks managed to close the week firmly in the green. All three major indexes ended at least 1.5% higher on the week. On the week, the Dow industrials and the S&P...
-
Tyson Tops, Optimistic Outlook - Analyst Blog
Monday, August 9, 2010 - 4:11pm | 618Tyson Foods Inc. (TSN) delivered third-quarter 2010 earnings of 65 cents a share, exceeding the Zacks Consensus Estimate of 59 cents by 10.2% and the year-ago earnings of 35 cents by 85.7%. Revenue and Margins Net sales recorded a growth of 11.6% to $7,438 million from $6,662 million in the year-...
-
Puts Purchased on Chiquita Brands (CQB)
Monday, August 9, 2010 - 3:50pm | 148Puts Purchased on Chiquita Brands (CQB) Shares of Chiquita Brands International Inc. (NYSE: CQB) are higher on the session by 1.91%, currently trading at $14.37. The stock has been moving largely higher over the past four weeks, but is now butting its head against resistance. Options traders are...
-
Synutra International Hammered On Monday
Monday, August 9, 2010 - 3:48pm | 126Synutra International (Nasdaq: SYUT), the Chinese maker of baby formula, is trading lower by almost 26% today, making the stock one of the biggest losers on U.S. exchanges, after press reports said the company's products have been linked to premature deaths among infants. Synutra denied a report in...
-
Afternoon Market Update (GOOG, VZ, TSN, GS, JPM)
Monday, August 9, 2010 - 3:32pm | 218Google (NASDAQ: GOOG) and Verizon (NYSE: VZ) have issued a joint proposal for an open internet. "Users should choose what content, applications, or devices they use, since openness has been central to explosive innovation... America must continue to encourage both investment and innovation to...
-
BB&T: Wheat Raising Input Costs for Packaged Food Names (FLO, LNCE, RAGG, THS)
Monday, August 9, 2010 - 12:34pm | 222BB&T Capital Markets is out with a research report this afternoon, which takes a look at the impact Wheat futures are having on the packaged food space. The BB&T analysts noted that input costs are broadly on the rise, which has resulted in widespread concern from investors. Wheat futures...