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Market Update: Keys To Making Money! (NASDAQ:FSLR), (NYSE:TSN), (NASDAQ:WFMI)
Thursday, February 18, 2010 - 4:30pm | 390The markets are trending flat to slightly higher today. The SPDR S&P 500 ETF (NYSE: SPY) is just up .15% while the technology is also slightly higher with the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ: QQQQ) up just .15% as well. While the markets are holding steady, there are always...
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S&P Cuts Sara Lee
Thursday, February 18, 2010 - 4:30pm | 49Standard & Poor's Ratings Services said they cut Sara Lee (SLE) corporate credit and senior unsecured ratings to BBB from BBB+.
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Hormel Reports Better-Than-Expected Q1 Earnings (HRL)
Thursday, February 18, 2010 - 3:12pm | 101Hormel Foods Corp. (NYSE: HRL) has posted good Q1 results. The food company has shown strong sales and improved margins. Hormel’s (HRL) profit rose by 37 percent to $111.2 million. Its sales were up by 2 percent to $1.73 billion. The company expects to earn $2.68 to $2.78 per share for the year....
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Hormel Foods (HRL) Shares On The Rise
Thursday, February 18, 2010 - 1:53pm | 99Hormel Foods Corp. (NYSE: HRL) shares rose after the company reported its 1st quarter earnings on Thursday. Hormel Foods reported that its net income was $111.2 million, or 82 cents per share, up from $81.4 million, or 60 cents per share, for the same quarter a year earlier. Revenue was up 2% to $1...
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Heinz (HNZ) Sees Strong Q3 Earnings
Thursday, February 18, 2010 - 12:33pm | 101According to Reuters, Heinz Company (NYSE: HNZ) said that it expects strong third quarter results on the back of growth in emerging markets. The food maker said it is set to launch its Heinz infant formula in Russia and China. The company expects earnings of 82 cents a share against analyst...
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Hormel Foods (HRL) Moves Up On 37% Jump In F1Q Earnings
Thursday, February 18, 2010 - 12:01pm | 185Fiscal first-quarter earnings at Hormel Foods Corp (NYSE: HRL) jumped 37%, driven by higher margins and impressive profit growth at its refrigerated foods and grocery-products businesses. For the quarter ended January 24, HRL reported profits of $111.2 million, or $0.82 a share, up from $81.4...
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Benzinga’s Earnings Roundup (HRL, WIN, AEE, NBL)
Thursday, February 18, 2010 - 9:57am | 327Hormel Foods Corporation (NYSE: HRL) reported today a first-quarter profit of $111.2 million, or $0.82 per share, as compared to $81.4 million, or $0.60 per share for the same quarter last year. Sales increased to $1.73 billion from $1.69 billion in the year ago period. HRL increased 3.74% to $42....
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Top 5 Stocks For February 18, 2010 (DELL, CBS, WMT, GT, HRL)
Thursday, February 18, 2010 - 9:39am | 289The stocks that would be in focus today are: Analysts expect Dell Inc (NASDAQ: DELL) to report earnings of $0.27 per share after the market close. DELL gained 0.85% to trade at $14.23 in the after hours. Read more about this company here. Media powerhouse CBS Corp (NYSE: CBS) expects to report...
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Stocks With Excellent Charts
Wednesday, February 17, 2010 - 3:45pm | 1534As we await the breakout over S&P 1100 (if not today, then surely in premarket tomorrow or Friday, when all the important work is done) some chart review. A lot of stocks have made a quite substantial turn for the better with yesterday's low volume surge. I am seeing countless charts that look...
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CPB Lowers Sales Growth Guidance
Wednesday, February 17, 2010 - 3:16pm | 127Analysts at JP Morgan maintain their "neutral" rating on Campbell Soup Company (NYSE: CPB). Campbell Soup has lowered its full year sales growth guidance to 2.5-3.5%, from 4-5%. Although currency movement might have played a role, the performance of CPB’s core business is likely to have been weaker...
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KFT Beats Q4 Expectations, Earnings Quality Rises
Wednesday, February 17, 2010 - 11:31am | 149Analyst Eric J Larson of Soleil Securities Group maintains his "buy" rating on Kraft Foods (NYSE: KFT), while raising his estimates for the company. The target price for KFT has been raised from $32 to $33. According to Soleil Securities Group, Kraft Foods has reported its Q4 EPS ahead of the...
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Kraft Foods, Inc.’s (KFT) Fourth-Quarter Review
Tuesday, February 16, 2010 - 6:23pm | 148Analysts David Palmer and Jeffrey Birnbaum at UBS (NYSE: UBS) have released a report reviewing the fourth-quarter at Kraft Foods, Inc. (NYSE: KFT). The company has reported results for the fourth-quarter today. The company managed to surpass EPS expectations. However, analysts believe that...
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Kraft Beats Street Expectations On Profit (KFT)
Tuesday, February 16, 2010 - 4:47pm | 98Kraft Foods (NYSE: KFT) said that the improved business in developing markets, and volume growth helped it to post revenues of $11.03 billion, and profit of $710 million, or 48 cents a share, beating analysts’ estimates of 45 cents a share. Lower prices of cheese were mainly responsible for the...
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Market Roundup (SLE, JPM, C, BAC, AAPL, RIMM, RDS.A)
Tuesday, February 16, 2010 - 3:47pm | 278Sara Lee (NYSE: SLE) has gained 1.8% following the announcement of its plans to buyback $2.5-$3 billion in shares within the next few years. SLE has also announced its plans to hike its annual dividend after it has sold off its Household & Body Care unit. Banks are holding up to $1.29 trillion...
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CNBC Traders Suggested Trades That Paid
Tuesday, February 16, 2010 - 3:17pm | 182CNBC claims that the calls issued by its traders are paying. It quotes some of the successful calls its traders have made. In January, Veteran trader Gary Kaminksy on CNBC suggested short on wireless carriers Verizon (NYSE: VZ) and AT & T (NYSE: T). “If interest rates are going up these stocks...