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Zacks Bull and Bear of the Day Highlights: Gilead Sciences, GameStop Corp., Bank of America, Kroger and Royal Dutch Shell PLC - Press Releases
Friday, February 5, 2010 - 9:00am | 1555For Immediate Release Chicago, IL – February 5, 2010 – Zacks Equity Research highlights Gilead Sciences (GILD) as the Bull of the Day and GameStop Corp. (GME) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Bank of America (BAC), Kroger (KR) and Royal Dutch Shell PLC (...
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Tyson Foods Earnings Preview (TSN)
Friday, February 5, 2010 - 12:03am | 135Tyson Foods (NYSE: TSN) will be reporting their earnings before the opening bell tomorrow morning. In what was a very bad day on Wall Street, Tyson (TSN) fell 2.51% during regular market hours. What is interesting, however, is that there was some buying pressure in the after hours session, which...
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Fast Money Picks For February 5th (SVU, HSY, ANF, CVS, PG)
Thursday, February 4, 2010 - 7:36pm | 180Brian Kelly said on CNBC's Fast Money that he is bullish on US dollar. He added that if you really need to buy stocks tomorrow you can look at SUPERVALU INC. (NYSE: SVU), which dropped 1.97% today. Joe Terranova believes that The Hershey Company (NYSE: HSY) is a buy on Friday. Hershey (HSY) fell 0....
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Ralcorp Beats Estimates, Stock Moving Higher (RAH)
Thursday, February 4, 2010 - 6:31pm | 91Ralcorp (NYSE: RAH) posted strong earnings after the bell today. The company reported first quarter net income of $67.2 million, or $1.19 per share, compared to $65.5 million, or $1.15 per share, in the year ago period. The First Call consensus EPS estimate was $1.03, so this was a strong beat....
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Initial Jobless Claims Up Again - Analyst Blog
Thursday, February 4, 2010 - 11:32am | 1433Bad news on the Initial Claims for Unemployment Insurance front. Last week initial claims rose for the third week in a row, rising 8,000 to 480,000. In addition, last week's numbers were revised up by 2,000. The 4-week moving average of claims, which given the inherent volatility of the weekly...
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Stock Market News for February 4, 2010 - Market News
Thursday, February 4, 2010 - 10:49am | 388Stocks lost steam after a two-day advance as a weak report on service industries and a mixed report on labor market worried investors. Lingering sovereign debt concerns and worries related to bank reforms kept traders off the buying table. The blue-chip Dow average, which jumped 230 points in...
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Top 5 Stocks For February 4, 2010 (DNB, TM, CLX, GSK, K)
Thursday, February 4, 2010 - 9:30am | 303Dun & Bradstreet (NYSE: DNB): Analysts expect the credit reporting firm to post earnings of $1.75 per share, when it declares its results for the latest quarter after the bell. DNB had slipped 1.72% to close at $78.95 yesterday. Read more about this company here. Car maker Toyota Motor (NYSE...
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Standard & Poor's Downgrades Kraft (KFT) Credit Rating
Wednesday, February 3, 2010 - 12:13pm | 78Standard & Poor's announced on Wednesday that it lowered its corporate credit rating of Kraft Foods Inc. (NYSE: KFT) from A- to BBB due to Kraft's planned takeover of Cadbury plc (NYSE: CBY). However, Standard & Poor's also said that the outlook for both companies is good and that it...
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PNC Reaches Agreement To Repay TARP
Wednesday, February 3, 2010 - 11:33am | 180Analysts at Citigroup maintain their "hold" rating on PNC Financial Services Group Inc (NYSE: PNC), while adjusting their estimates for the company. The target price for PNC has been reduced from $63 to $60. PNC Financial Services has announced that it has reached an agreement with the regulators...
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Outlook for KFT Bright
Wednesday, February 3, 2010 - 11:05am | 64Analysts at UBS upgraded Kraft Foods (NYSE: KFT) from “neutral” to “buy.” The target price for KFT is set to $33. According to UBS, KFT is an emerging productivity story and its valuation is relatively attractive. The company has the potential to expand its business in the emerging market. KFT’s...
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Kellogg (K) EPS Forecast Nudged Higher by Morgan Stanley
Wednesday, February 3, 2010 - 1:01am | 134The research arm of Morgan Stanley thinks a few pennies better of Kellogg Company (NYSE: K). Kellogg is now expected to earn anywhere from 1 cent to 4 cents more for 2009, 2010, and 2011 than originally assumed. The new EPS estimates for Kellogg are $3.24, $3.63, and $4.08, respectively. Before the...
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Market Round-up (TM, HMC, PFE, MDVN¸ KFT, CBY)
Wednesday, February 3, 2010 - 12:54am | 265Copper prices are up today and have more than doubled since last year. However, according to metals trader David Threlkeld, prices are on the verge of a "catastrophe" as speculators are unwinding their positions and inventories are expanding. He predicts that prices may slump below $1 per pound,...
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Moody's Cuts Kraft Outlook To Negative (KFT)
Tuesday, February 2, 2010 - 4:53pm | 159It looks like Warren Buffett may have been right in his skepticism regarding Kraft's (NYSE: KFT) acquisition of Cadbury PLC. Kraft (KFT) announced today that it has succeeded in gaining control of Cadbury, after 71.73% of Cadbury's shareholders accepted the terms of the deal. Hours after the...
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Moody's Pares Outlook On Kraft
Tuesday, February 2, 2010 - 4:47pm | 100Moody's Investors Service reduced its outlook on Kraft (NYSE: KFT) to "negative" from "stable" on concerns the Dow component will not be quickly reduce its financial leverage in the wake of the company's $19.5 billion purchase of Cadbury (NYSE: CBY). Moody's confirmed its Baa2 long-term rating on...
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Hershey Higher After Earnings (HSY)
Tuesday, February 2, 2010 - 1:08pm | 113Hershey Foods (NYSE: HSY) reported better than expected earnings this morning and the stock is higher on the trading session. Hershey (HSY) posted Q4 net income of $126.8 million, or $0.55 per share, versus $82.2 million or $0.36 per share, in the year ago period. On an adjusted basis, EPS was $0....