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Credit Suisse Upgrading Dean Foods
Friday, August 5, 2011 - 8:19am | 128Credit Suisse is upgrading shares of Dean Foods Company (NYSE: DF) to Neutral and keeping the price target at $10. In a note to clients, Credit Suisse writes, "We are upgrading Dean to Neutral (from Underperform) as we see less risk of further deterioration in FDD margins and more balanced risk-...
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JP Morgan Reviews Kraft Before Breakup
Friday, August 5, 2011 - 7:56am | 119J.P. Morgan has published a research report on Kraft Foods (NYSE: KFT) after the announcement that the food maker would split into two companies. In the report, J.P. Morgan wrote, "Kraft Foods announced a plan to split into its North American Grocery business and its Global Snacks business...
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Deutsche Bank Reiterates Hold on Dean Foods, Reduces PT to $11
Friday, August 5, 2011 - 7:23am | 48Deutsche Bank reiterated its Hold rating on Dean Foods (NYSE: DF). At the same time, the rating agency reduced its price target on the company's stock from $12 to $11. On Thursday, DF lost 11.03% of its value to finish the day at $9.20.
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Deutsche Bank Lowers PT on Dean Foods To $11
Friday, August 5, 2011 - 6:06am | 27Deutsche Bank has lowered the price target on Dean Foods (NYSE: DF) from $12 to $11 and maintains its Hold rating.
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Earnings Scheduled For August 5
Friday, August 5, 2011 - 2:58am | 457Weight Watchers International Inc (NYSE: WTW) is expected to report its Q2 EPS at $1.12 on revenue of $470.16 million. Procter & Gamble Company (The) (NYSE: PG) is projected to report its FQ4 earnings at 0.82 per share on revenue of $20.63 billion. The AES Corporation (NYSE: AES) is...
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J.P. Morgan Reiterates Dean Foods Neutral, Lowers PT
Thursday, August 4, 2011 - 2:55pm | 108J.P. Morgan reiterated its Dean Foods (NYSE: DF) Neutral rating, and lowered its Dean Foods price target from $13 to $11 in a research report published today. In the report, J.P. Morgan states, "Given the heavy selling in DF shares of late, we are tempted to become more positive in the short term...
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Zings Of The Day, August 4, 2011
Thursday, August 4, 2011 - 2:43pm | 106Dendreon (NASDAQ: DNDN) reported weaker than expected earnings yesterday, and removed its guidance for its prostate cancer drug Provenge. Shares fell nearly 70% today, amidst a broader market sell off. Just a little bit of a correction, ya think? Kraft (NYSE: KFT) announced this morning that it...
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Pressure 08-04-2011
Thursday, August 4, 2011 - 2:38pm | 989Cusick's Corner Nowhere to hide -- except in Bonds and Gold. This is a large global distribution and I did not expect this kind of action, there is very little to get excited about today. The action has kicked longs out with stops and earnings and data at this stage is not going to move this train...
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Dunkin' Donuts Has Begun Selling Green Mountain's K-Cups
Thursday, August 4, 2011 - 12:03pm | 111Vending Times reports that Dunkin' Donuts (NASDAQ: DNKN) has begun selling Green Mountain Coffee Roasters' (NASDAQ: GMCR) K-Cups. The deal was announced in February but Dunkin' Donuts did not begin selling the K-Cups until August 3rd. Numbers from the deal have not been factored into Green...
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Who Will Replace Kraft in the Dow Jones Industrial Average? -Street Insider
Thursday, August 4, 2011 - 10:31am | 111With Kraft (NYSE: KFT) splitting into two companies, it is possible it will be removed from the Dow Jones Industrial Average. Apple (NASDAQ: AAPL) is considered the favorite as the next Dow component, but other possibilities include Google (NASDAQ: GOOG), Amazon.com (NASDAQ: AMZN), Pepsi (NYSE: PEP...
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Imperial Sugar Earnings Preview: A Positive Surprise Coming?
Thursday, August 4, 2011 - 9:14am | 601Imperial Sugar (NASDAQ: IPSU) is scheduled to report its third-quarter fiscal 2011 results Friday morning, August 4. Speculation has been that positive surprises may be in store from this quarterly report and the next as the uptrend in refined sugar prices continues and production at two new...
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Pre-Market Winners
Thursday, August 4, 2011 - 8:16am | 149Zipcar (NASDAQ: ZIP) is trading up over 11.50% after Q2 earnings. Delek US Holdings (NYSE: DK) is trading up over 8.18% after reporting Q2 earnings. Sourcefire (NASDAQ: FIRE) is trading up over 9.35% after reporting Q2 earnings. Andersons (NASDAQ: ANDE) is trading up over 7.10% after reporting Q2...
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Earnings Roundup
Thursday, August 4, 2011 - 7:58am | 1365General Motors Co (NYSE: GM) reported a strong rise in its second-quarter earnings. GM reported its quarterly earnings at $2.5 billion, or $1.54 per share, up from $1.3 billion, or $0.85 per share, in the year-earlier period. Its revenue surged to $39.4 billion from $33.2 billion. However, analysts...
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News Summary for August 4, 2011
Thursday, August 4, 2011 - 6:51am | 587This is your Benzinga news summary and traders' outlook for Thursday, August 4, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are set for a weak morning as traders wait for the jobless claims data. At last check...
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Benzinga's Top Pre-Market Gainers
Thursday, August 4, 2011 - 6:44am | 121Kraft Foods Inc (NYSE: KFT) rose 4.99% to $36.01 in the pre-market session. KFT reported a 4.2% rise in its second-quarter profit and raised its projections for the year. It also announced its plans to split the company into two units. NYSE Euronext (NYSE: NYX) added 4.03% to $32.50 in the pre-...