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Qiagen Gets CE Mark for HPV Test - Analyst Blog
Thursday, July 8, 2010 - 1:48pm | 499Recently, Qiagen (QGEN) received the CE Mark for its care human papillomavirus (HPV) test. The certification implies that the test has met the required norms in the EU thereby, enabling the company to distribute the test in developing regions that recognize the CE Mark. As a result, Qiagen will...
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Benzinga’s Top Upgrades (ESS, PETD, WBD, MDRX)
Thursday, July 8, 2010 - 7:11am | 147Essex Property Trust Inc (NYSE: ESS) was upgraded by UBS from “sell” to “neutral.” ESS’ shares closed at $99.23 yesterday. Essex Property Trust’s trailing-twelve-month gross margin is 65.45%. Wells Fargo Securities upgraded Petroleum Development Corporation (NASDAQ: PETD) from “market perform” to “...
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Credit Suisse Ups WBD To Neutral
Thursday, July 8, 2010 - 6:16am | 43Analysts at Credit Suisse upgrade Wimm-Bill-Dann Foods OJSC (NYSE: WBD) from "underperform" to "neutral." WBD’s shares moved up 0.16% to close at $19.05 yesterday. More Analyst Ratings here
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Stock Market News for July 7, 2010 - Market News
Wednesday, July 7, 2010 - 10:13am | 583Selective buying helped propel stocks higher Tuesday after seven days of losses, but the advance was tepid as concerns about the durability of the economic recovery kept sentiments jittery. After recording hefty gains in the morning, markets slipped into the red in the afternoon as traders,...
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A Peek Into The Market Before The Opening Bell
Wednesday, July 7, 2010 - 8:06am | 423Pre-open movers US stock futures slipped today and pointed to a weaker opening on Wall Street, as worries of slowing economic growth worries investors. While futures on the Dow Jones Industrial Average fell 48 points to 9634, those on the S&P 500 lost 5.7 points to 1018.50. Meanwhile, Nasdaq...
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Kraft Foods Signs Deal To Sell Cadbury’s Romania Unit
Wednesday, July 7, 2010 - 6:51am | 103Kraft Foods (NYSE: KFT) has signed a deal with Oryxa Capital to sell Cadbury's Romanian business unit. The Northfield, Illinois-based company said it is selling the unit it acquired through the acquisition of Cadbury. The company has not disclosed the deal amount. KFT is selling the Kandia-Excelent...
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Top 4 Stocks In The Farm Products Industry With The Highest EPS Estimates (BG, CQB, ADM, FDP)
Wednesday, July 7, 2010 - 6:01am | 149Below are the top farm products stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next quarter. The earnings estimate for Bunge Limited (NYSE: BG) for the September quarter is $1.84 per share. BG has a PEG ratio of 0.92. Chiquita Brands International Inc (NYSE: CQB) is...
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Bears In Control 07-06-2010
Tuesday, July 6, 2010 - 6:51pm | 814Cusick’s Corner While the market did hold some gains, it became very apparent who is in control of this market -- the bears. It is worth taking a look at the safety trade, Bonds, specifically TLT, TIP, and LQD are on a tear. If you look at TLT which is the iShares Barclays 20+ Year Treasury Bond...
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Upside Purchased on Campbell Soup (CPB)
Tuesday, July 6, 2010 - 10:33am | 132Shares of Campbell Soup Company (NYSE: CPB) are higher on the session by 0.68%, currently trading at $35.55. The stock has been trading largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are betting that the stock can make a move...
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Haagen-Dazs maker sweetens payout
Thursday, July 1, 2010 - 10:22pm | 562The maker of Cheerios, Yoplait Yogurt, & Green Giant Corn among several other popular food brands has raised their dividend an impressive 17%. General Mills (GIS) is now paying $0.28 per share and the stock currently yields 3.2%. The company also laid out a 5 year growth plan that includes...
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Stock Market News for July 1, 2010 - Market News
Thursday, July 1, 2010 - 9:42am | 446The final day of the second quarter witnessed choppy trading and stocks fell sharply, drawing curtains on the worst second quarter since 2002. It was another late-day retreat yesterday as investors tried to balance sentiments between an improved European bank outlook and a weak jobs report. Major...
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Late Market Roundup
Wednesday, June 30, 2010 - 3:31pm | 371The technology stocks gained today after losing in the early morning trading. The sector made an effort to close H1 in the positive territory. The NASDAQ Composite Index (COMP) gained 0.4% after falling about 4% yesterday. NASDAQ has lost 5.4% in the first half of 2010. The stocks that posted gains...
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Q2 Wrap Up Holding Market Steady 06-30-2010
Wednesday, June 30, 2010 - 3:04pm | 847Cusick’s Corner The bulls are trying to build some momentum into the Midday, looking to get out of this oversold segment and push into the green. This has been challenged, with the shorts just pounding back these bulls, so watch the 1042 level on the SPX to hold if the long side is going to have...
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Calls Purchased on Sara Lee Corp. (SLE)
Wednesday, June 30, 2010 - 2:49pm | 152Shares of Sara Lee Corp. (NYSE: SLE) are lower on the session by 0.56%, currently trading at $14.21. The stock has been trading largely higher over the past six months, but recently it has broken below the 50-day moving average. Options traders are buying calls on the name today. The July $15.00...
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GIS Falls On Fear Of Pricing Competition
Wednesday, June 30, 2010 - 2:23pm | 101Shares of General Mills (NYSE: GIS) declined by about 3% due to worries surrounding pricing competition in cereals. Increased commodity costs, along with expansion in gross margin, also played a role in dragging GIS down. The company has also forecasted its earnings for the fiscal year short of...