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Consumer Stocks Led To Gains In The US Market Yesterday
Tuesday, May 18, 2010 - 5:16am | 283US stocks witnessed an upside yesterday, with the consumer stocks leading the gains. However, Eurozone worries kept investors away from the energy and materials firms and the industrial stocks that are dependent on global growth. While the Dow Jones Industrial Average spent most of the yesterday’s...
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VARI Acquired by Agilent (revised) - Analyst Blog
Monday, May 17, 2010 - 3:45pm | 301Varian, Inc. (VARI) was recently acquired by Agilent Technologies, Inc. (A) in an all-cash transaction worth $1.5 billion. The deal excludes Varian’s Australia-based inductively coupled plasma mass spectrometry instruments business, its Netherlands-based laboratory gas chromatography instruments...
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Sara Lee CEO To Take Medical Leave (SLE)
Friday, May 14, 2010 - 4:52pm | 95Sara Lee (NYSE: SLE) announced after the close of trading today their CEO will take a medical leave of absence. Chairman and Chief Executive Officer Brenda Barnes will take a temporary medical leave of absense, effective immediately. The company's board of directors has named Marcel Smits,...
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Stocks That Crossed 52-Week Highs (BSMD, DISH, HAUP, HAIN)
Friday, May 14, 2010 - 2:09pm | 196BioSphere Medical Inc (NASDAQ: BSMD) crossed its earlier 52-week high of $4.19 and created a new 52-week high of $4.26, up 42% at 1:10 pm. BSMD is going to be acquired by Merit Medical Systems for approximately $96 million in cash. DISH Network Corp (NASDAQ: DISH) was another stock that made a new...
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Benzinga’s Volume Movers (ASIA, DISH, OSIP, HAIN)
Friday, May 14, 2010 - 1:55pm | 185AsiaInfo Holdings Inc (NASDAQ: ASIA) shares gained 6.48% to $22.85 by 12:44 pm. The volume of ASIA shares traded was 321% higher than normal. ASIA’s EPS for the March quarter was 17.20% higher than anticipated. DISH Network Corp (NASDAQ: DISH) shares climbed 5.33% to $23.13. The volume of DISH...
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Bears Grab a Spoon-Full of Campbell’s
Friday, May 14, 2010 - 11:37am | 92Shares of Campbell Soup Company (NYSE: CPB) are falling today by 1.78% to $35.36 and attracting bearish put volume along the way. The June $37.50 put was purchased 1,000 times, as well as the May $37.50 put, which traded 1,000 times. Put volume in Campbell Soup Company is now running at 12.35x the...
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Bears Grab a Spoon-Full of Campbell’s
Friday, May 14, 2010 - 11:37am | 92Shares of Campbell Soup Company (NYSE: CPB) are falling today by 1.78% to $35.36 and attracting bearish put volume along the way. The June $37.50 put was purchased 1,000 times, as well as the May $37.50 put, which traded 1,000 times. Put volume in Campbell Soup Company is now running at 12.35x the...
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Benzinga's After Hours Decliners (NVDA, SLE, JWN)
Thursday, May 13, 2010 - 6:11pm | 209Notable stocks that are moving lower in the after hours trading session, are NVIDIA (NASDAQ: NVDA), Sara Lee Corp. (NYSE: SLE), and Nordstrom (NYSE: JWN). NVIDIA reported earnings this afternoon, beating Wall Street estimates. The company posted EPS of $0.23 compared to analysts' expectations of $...
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Safety Trade Gold All-Time High 05-11-2010
Tuesday, May 11, 2010 - 6:20pm | 717Cusick’s Corner The market made a valiant attempt to break to the upside, but upside resistance of 1177 on the SPX (the level of that big drop which started last week) was not broken and the safety trade, Gold QOM10 $1233.50 +32.75, is at all-time highs. From a technical perspective, this short-...
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Inflation & Deflation Fighters 05-11-2010
Tuesday, May 11, 2010 - 2:53pm | 770Cusick’s Corner Today’s market action is precarious at best. The Euro is still down, gold at almost all-time highs, and stocks are still running to the upside. As a trader, when the market and policy action are not making much sense, one must really shore up risk and capital management. On the...
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Benzinga’s Top Downgrades (STRL, VTIV, IPSU, MELA, BBND)
Tuesday, May 11, 2010 - 1:39pm | 183Sterling Construction Company Inc (NASDAQ: STRL) was downgraded by Wunderlich from “buy” to “hold.” STRL closed at $16.62 yesterday. Sterling Construction has a 52-week trading range of $12.52-$21.22. Auriga downgraded inVentiv Health Inc (NASDAQ: VTIV) from “buy” to “hold.” VTIV’s shares closed at...
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Kraft Foods Showcases Innovative New Products
Tuesday, May 11, 2010 - 11:12am | 197Kraft Foods (NYSE: KFT), a global powerhouse in snacks, confectionery and quick meals, is highlighting more than 30 new products at the 2010 Food Marketing Institute (FMI) Show in Las Vegas. Listening to the needs of today's changing consumer, Kraft Foods is building on its innovative efforts...
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Credit Suisse Downgrades TSN To Neutral
Tuesday, May 11, 2010 - 7:15am | 41Analysts at Credit Suisse downgrade Tyson Foods (NYSE: TSN) from "outperform" to "neutral." TSN’s shares lost 2.04% to close at $8.24 yesterday. More Analyst Ratings here
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HQ Sustainable Maritime Industries (HQS) Shares Continue To Surge
Monday, May 10, 2010 - 7:37pm | 95Shares of HQ Sustainable Maritime Industries Inc. (AMEX: HQS) were up 8% at $6.20 per share on Monday during after hours trading. The company's shares had already gained more than 9% while the market was open on Monday. HQ Sustainable Maritime Industries announced on Monday after the market closed...
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American Dairy (ADY) Shares Plunge 12% After Hours
Monday, May 10, 2010 - 6:56pm | 97Shares of American Dairy, Inc. (NYSE: ADY) were down more than 12% at $15.25 per share on Monday during after hours trading. American Dairy, Inc. announced on Monday after the market closed that it failed to meet consensus Wall Street earnings estimates. The company, which produces and distributes...