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HJ Heinz (HNZ) Beats Estimates By A Penny
Thursday, May 27, 2010 - 7:10am | 90HJ Heinz Company (NYSE: HNZ) released financial results on Thursday morning that beat Wall Street earnings estimates by 1 cent but just missed revenue estimates. HJ Heinz Company reported that its fiscal 4th quarter earnings rose to $192.4 million, or 60 cents per share, up from $175.1 million, or...
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Stocks To Watch For May 27 (JCG, TIF, HNZ, COST, GES)
Thursday, May 27, 2010 - 7:04am | 188Some of the stocks that may grab investors focus today are: Wall Street expects J Crew (NYSE: JCG) to post an EPS of $0.57 for the first quarter. JCG’s shares dipped 5.73% to close at $42.13 yesterday. Tiffany (NYSE: TIF) may report its earnings at $0.35 per share for the first quarter. TIF’s...
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HSY: Advertising Surge To Support Improving Sales
Wednesday, May 26, 2010 - 11:39am | 247Analysts at Citigroup reiterate their "buy" rating on Hershey Foods Corp (NYSE: HSY). The target price for HSY is set to $55. According to Citigroup, the overall tone of the management was very positive during the meeting, with “HSY indicating that baseline volumes at the company were very healthy...
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Top 5 Large-Cap NYSE Stocks In The Consumer Goods Sector With The Highest EPS Estimates (LO, ABV, KMB, GIS, RAI)
Wednesday, May 26, 2010 - 6:59am | 183Below are the top 5 large-cap consumer goods stocks on the NYSE in terms of EPS estimates for the next quarter. Lorillard Inc (NYSE: LO) is expected to earn $1.64 per share in the September quarter. LO’s trailing-twelve-month ROE is 315.19%. Companhia de Bebidas Das Americas (NYSE: ABV) is likely...
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EPD Expands South Texas Network - Analyst Blog
Tuesday, May 25, 2010 - 5:03pm | 299Following the finalization of a midstream contract with a major Eagle Ford Shale producer, Enterprise Products Partners L.P. (EPD), a leading master limited partnership (MLP), is planning to expand its existing network of South Texas assets. The expansion includes the construction of a 140-mile...
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Company News for May 25, 2010 - Corporate Summary
Tuesday, May 25, 2010 - 9:31am | 170• Medtronics (NYSE:MDT) reported fourth quarter earnings of 89 cents a share, one cent better than Zacks expectations, on inline revenues of $4.2 billion • Autozone (NYSE:AZO) topped estimates with first quarter earnings of $4.12, well above Zacks projections of $2.35, on better-than-expected...
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SAFM’s Profits Jump 34%
Tuesday, May 25, 2010 - 8:18am | 185Chicken producer, Sanderson Farms Inc (NASDAQ: SAFM), posted a 34% jump in its fiscal Q2 net profit on strong demand for chicken at retail grocery stores. The Mississippi-based company said its net profit for the quarter came in at $35.1 million, or $1.62 per share, from $26.2 million, or $1.25 per...
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Fast Money Picks For May 25th (UL, F, CVS, CSCO)
Monday, May 24, 2010 - 6:58pm | 150On CNBC's Fast Money, Tim Seymour said that he likes Unilever plc (ADR) (NYSE: UL). He sees Unilever (UL) as a defensive stock, because of its exposure to emerging markets. Unilever (UL) dropped 1.64% today. Karen Finerman thinks that CVS Caremark Corporation (NYSE: CVS) is an interesting stock to...
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Cramer Bearish on Freeport-McMoRan (NYSE: FCX) as the Stock Heads Lower
Monday, May 24, 2010 - 4:20pm | 1773Last week in an episode of Mad Money, Jim Cramer said that while he likes Freeport-McMoRan Copper & Gold (NYSE: FCX) as a company, he would put it on his “sell” list for now. He cited concerns such as exposure to China’s slowing economy or the stock’s recent run. From December 2008 through...
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Calls Purchased on Chiquita Brands (CQB)
Monday, May 24, 2010 - 2:38pm | 143Shares of Chiquita Brands International LTD (NYSE: CQB) are trading lower on the session by 1.24%, currently trading $12.74. The stock has been seeing bullish call activity day after day for the past week and again is no difference. I am seeing the August $20 call purchased 4,300 times today on...
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Cambell Soup Down Slightly After Earnings (CPB)
Monday, May 24, 2010 - 10:32am | 97Campbell Soup Co. (NYSE: CPB) reported net earnings of $168 million compared to $174 million in the previous year's quarter. On an adjusted basis, net income was $186 million or $0.54 per share, versus $171 million or $0.48 per share in last year's corresponding quarter. Wall Street analysts had...
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Cambell Soup Down Slightly After Earnings (CPB)
Monday, May 24, 2010 - 10:32am | 97Campbell Soup Co. (NYSE: CPB) reported net earnings of $168 million compared to $174 million in the previous year's quarter. On an adjusted basis, net income was $186 million or $0.54 per share, versus $171 million or $0.48 per share in last year's corresponding quarter. Wall Street analysts had...
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Company News for May 24, 2010 - Corporate Summary
Monday, May 24, 2010 - 9:36am | 185• Campbell Soup (NYSE:CPB) posted fiscal third quarter earnings of 54 cents a share, up from Zacks estimates of 51 cents versus break 48 cents a year earlier on inline revenues of $1.8 billion • IBM (NYSE:IBM) announced plans to buy Sterling Commerce from AT&T (NYSE:T) for $1.4 billion • ...
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CPB’s Q3 Earnings Exceed Street View; Records Sales Jump In Key US Soup Market
Monday, May 24, 2010 - 8:41am | 160Campbell Soup Company (NYSE: CPB) recorded higher sales in its key US soup market, driven by increased spending on promotions. CPB’s sales in this key market had been falling for the past two quarters. The Camden, New Jersey-based company said, however, that its profits dipped to $168 million, or $...
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Stocks To Watch For May 24 (CPB, BGP, PVH, DCI, TOL)
Monday, May 24, 2010 - 6:46am | 214Some of the stocks that may grab investors focus today are: Wall Street expects Campbell Soup Co (NYSE: CPB) to post an EPS of $0.51 for the third quarter. CPB’s shares gained 1.49% to close at $35.48 on Friday. Borders Group Inc (NYSE: BGP), the struggling bookseller, has appointed financier...