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Stock Market News for June 25, 2010 - Market News
Friday, June 25, 2010 - 9:36am | 416Fears about the financial reform regulation and dour outlook from retailers sent stocks into a tailspin Thursday. With unemployment still at a record high and consumer spending still wishy-washy, retailer’s weak forecasts were reflective of concerns that still weigh on the economy. A couple of...
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"Mad Money Lightning Round:" Cramer Likes GS And Its Dividends
Friday, June 25, 2010 - 6:23am | 156In his "Mad Money Lightning Round" on Thursday, Jim Cramer advised traders to book profits in EV3 (NASDAQ: EVVV) as it is being bought. EVVV’s shares fell 0.04% in after hours. Cramer said that although eBay (NASDAQ: EBAY) is an inexpensive stock, there are no catalysts to drive him to buy the...
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Top 4 Stocks In The Meat Products Industry With The Highest Cash (BRFS, TSN, SEB, HRL)
Friday, June 25, 2010 - 5:45am | 146Below are the top meat products stocks on the NYSE and the NASDAQ in terms of cash. BRF-Brasil Foods SA (NYSE: BRFS) had $1.92 billion in total cash in the latest quarter. Meanwhile, BRFS’ total debt equaled $4.72 billion. Tyson Foods Inc (NYSE: TSN) had $812.00 million in total cash in the latest...
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2010 Fund Performance Period 6
Thursday, June 24, 2010 - 3:54pm | 3836If, after reading the blog content you might have an interest in participation for the mutual fund, please consider reading why this blog exists. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked Questions] Our story in Barron's [A New Kind of Fund Manager] [...
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Company News for June 24, 2010 - Corporate Summary
Thursday, June 24, 2010 - 10:14am | 446• Bed Bath & Beyond (NASDAQ: BBBY) reported earnings of 52 cents a share, up from Zacks estimates of 48 cents on revenues of $1.92 billion, versus Zacks projections of $1.89 billion • Nike (NYSE: NKE) fiscal fourth quarter earnings came in at $1.06, in-line with Zacks estimates on inline...
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Fast Money Picks For June 24th (WBD, ADBE, PM, S)
Wednesday, June 23, 2010 - 7:01pm | 133On CNBC's Fast Money, Tim Seymour said that he wants to buy Wimm-Bill-Dann Foods OJSC (ADR) (NYSE: WBD) on the dip tomorrow. Wimm-Bill-Dann Foods (WBD) fell 4.14% today. Guy Adami likes Adobe Systems Incorporated (NASDAQ: ADBE), and Karen Finerman is a buyer of Philip Morris (NYSE: PM). Adobe (ADBE...
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Now Is Not The Time To Be Aggressive (DD, GIS, PEP, K)
Wednesday, June 23, 2010 - 1:29pm | 384Yesterday, the existing home sales number came in much worse than expected, delivering a 2.2% decline compared to analysts' estimates of a 6% increase. Today, the new home sales number delivered another bombshell, dropping a record 32.7% in May to the lowest level in at least four decades. To be...
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Protection Purchased on Dean Foods (DF)
Wednesday, June 23, 2010 - 11:59am | 130Shares of Dean Foods Co. (NYSE: DF) are lower on the session by 2.16%, currently trading at $10.40. The stock has been moving largely sideways since several large drops throughout the past six months. Options traders are buying more protection on the name today. The January 2011 $7.50 put was...
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Benzinga’s Volume Movers (IPSU, CECO, DWA, NILE)
Wednesday, June 23, 2010 - 11:23am | 165Imperial Sugar Company (NASDAQ: IPSU) shares soared 6.50% to $11.79 at 11:02 am. The volume of IPSU shares traded was 70% higher than normal. IPSU’s shares have dipped 2.55% over the past 52 weeks, while the S&P 500 index gained 22.37% in the same period. Career Education Corporation (NASDAQ:...
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Calls Purchased on HJ Heinz (HNZ)
Tuesday, June 22, 2010 - 1:19pm | 132Shares of HJ Heinz Co. (NYSE: HNZ) are higher on the session by 0.55%, currently trading at $45.81. The stock has been hovering around the $46 handle, as well as the 50-day moving average, for the past four months. Options traders are picking up some calls on the name today. The September $50 call...
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Puts Sold on Ralcorp Holdings (RAH, AIPC)
Tuesday, June 22, 2010 - 12:26pm | 153Shares of Ralcorp Holdings Inc. (NYSE: RAH) are lower on the session by 2.58%, currently trading at $55.80. The stock fell sharply yesterday, on high volume, after saying it plans to acquire American Italian Pasta Co. (NASDAQ: AIPC) for $1.2 billion. The company issued a weak profit forecast for...
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Ralcorp Announces Multiple Acquisitions, BB&T Rates Buy (RAH, AIPC)
Tuesday, June 22, 2010 - 12:22pm | 121Ralcorp (NYSE: RAH) announced it would acquire American Italian Pasta Company (NASDAQ: AIPC), as Benzinga reported earlier. Ralcorp is a maker of branded food products and is best known for its Post brand of cereals. Ralcorp also completed acquisitions of North American Baking Ltd. and J.T....
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Ralcorp to Acquire American Italian Pasta Company; AIPC Downgraded (AIPC, RAH)
Tuesday, June 22, 2010 - 10:22am | 97Ralcorp Holdings (NYSE: RAH) and American Italian Pasta Company (NASDAQ: AIPC) have approved a merger agreement where RAH will acquire all outstanding shares of AIPC for $53 in cash. The deal is expected to close during Ralcorp's fiscal Q4 ending Sept. 30, 2010. AIPC shares jumped over the weekend...
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Mad Money Lightning Round: Joy Global Is A Screaming Buy, Says Cramer
Tuesday, June 22, 2010 - 8:56am | 249In his "Mad Money Lightning Round" on Monday, Jim Cramer strongly recommended selling Motorola (NYSE: MOT). He said he had no idea of how the stock is splitting up and advised investors to stay clear. After closing at $7.17 yesterday, MOT rose 1.91% to $7.31 in the after-hours session. Cramer...
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Zacks Analyst Blog Highlights: Immunomedics, Human Genome, GlaxoSmithKline, CNOOC and Devon Energy - Press Releases
Tuesday, June 22, 2010 - 8:46am | 1265For Immediate Release Chicago, IL – June 22, 2010 – Zacks.com Analyst Blog features: Immunomedics Inc. (IMMU), Human Genome (HGSI), GlaxoSmithKline plc (GSK), CNOOC Ltd. (CEO) and Devon Energy Corp (DVN). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros...