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CBY Ready To Become A Part Of KFT
Tuesday, January 19, 2010 - 7:14am | 212Cadbury (NYSE: CBY) has accepted the takeover offer from Kraft Foods (NYSE: KFT), after the latter raised its bid to roughly $19 billion. Under the deal, KFT will pay 840 pence (or $13.7) for each CBY share, with shareholders receiving 500 pence a share in cash and 0.1874 share of KFT stock. After...
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A Chunk Of The Cadbury (CBY) Bar: Top Shareholders
Monday, January 18, 2010 - 12:49pm | 121A report by Thomson Reuters shows that of Cadbury’s (NYSE: CBY) top ten shareholders, four are U.S. investors. New Jersey based Franklin Mutual Advisors is the single largest shareholder, with a holding of nearly 7.7%. Legal & General IM UK and Van Kampen Asset Management occupy second and...
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Ackman Buys Kraft Shares (KFT)
Friday, January 15, 2010 - 5:05pm | 106Activist investor Bill Ackman's Pershing Square Capital Management has established a 2% ownership stake in Kraft Foods (NYSE: KFT). He is pushing Kraft's management to increase the cash component of its takeover bid for Cadbury PLC (NYSE: CBY). Based on yesterday's closing price, Ackman's stake is...
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Shiseido To Buy Bare Escentuals, (SSDOY, BARE, PG, UN)
Friday, January 15, 2010 - 11:10am | 120Japan’s largest cosmetic group, Shiseido Co. Ltd. (ADR) (OTC: SSDOY) is buying Californian rival Bare Escentuals, Inc. (NASDAQ: BARE) in a $1.7 billion deal that will bring together model Agyness Deyn, the public face of the Asian business, with the queen of American television 'infomercials',...
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Three Dividend Stocks for the Next Three to Five Years - Keith Goddard
Friday, January 15, 2010 - 12:20am | 104Capital Advisors' Keith Goddard is naming names. In a recent CNBC interview, he recommended AT&T, IBM, and Kraft Foods for anyone seeking safety and dividends for the next three to five years. The current dividend yields of each stock are: AT&T (NYSE: T), 6.2% IBM (NYSE: IBM), 1.7% Kraft...
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Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) and Diedrich Coffee Inc to Make Additional Disclosures to FTC (GMCR, DDRX)
Thursday, January 14, 2010 - 5:24pm | 95Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) and Diedrich Coffee Inc (NASDAQ: DDRX) have to submit additional information in relation to their merger deal to the U.S Federal Trade Commission at the earliest. The date for submission of disclosure documents has been extended. Green Mountain and...
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HGSI to Seek Drug Approval in 2Q - Analyst Blog
Thursday, January 14, 2010 - 1:00pm | 448Human Genome Sciences Inc. (HGSI) announced recently that it intends to seek approval for its potential blockbuster lupus drug candidate Benlysta during the second quarter of 2010 in the United States and Europe. Human Genome and GlaxoSmithKline plc (GSK) are co-developing Benlysta for treating...
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Benzinga’s Top Upgrades (DTSI, TSN, PRFT, BWLD, CMG)
Thursday, January 14, 2010 - 10:35am | 254DTS Inc. (NASDAQ: DTSI) was today upgraded by Barrington Research from Market perform to Outperform with a price target of $38. DTSI is now trading at $30.44, 2.46% up. DTSI closed at $29.71 in the previous trading session. In the last year, DTSI gained over 108%. Tyson Foods, Inc. (NYSE: TSN)...
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Company news for January 14, 2010 - Corporate Summary
Thursday, January 14, 2010 - 10:26am | 176• Goldman Sachs (NYSE:GS) said Apple (NASDAQ:AAPL) is likely to unveil its new iPhone as soon as June, with a more advanced camera and perhaps a touch-sensitive casing • Rio Tinto (NYSE:RTP) reported a 49% surge in iron ore production, beating its prior projections, to 47.2 million tonnes in the...
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Wednesday's Hot Stocks: Finding A Rose Among Many Thorns
Thursday, January 14, 2010 - 9:42am | 2317With the major indices ticking slightly higher Wednesday, there were many stocks which broke out to the upside on BIG volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you should...
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NYSE Major Losers , (JTX, GAJ, MLP, LFT, TSO)
Wednesday, January 13, 2010 - 8:05pm | 435Jackson Hewitt Tax Service Inc. (NYSE: JTX) stock is down 13.51% from its closing price of $4.44 yesterday. The stock hit a low of $3.63 today and was trading at $3.84 at last check. The stock price of Jackson Hewitt plunged after the company said that it lacks financing for about half its refund -...
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Diamond Foods Inc. (DMND) Gets A Higher Price Target
Wednesday, January 13, 2010 - 7:56pm | 108Analysts at KeyBanc Securities have increased the price target for Diamond Foods Inc. (NASDAQ: DMND) from $35 to $38. This has been done due to the recent marketing spending done by the company. Analysts believe that such spending will be helpful in growing market share for its Emerald snack nut...
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Distribution Alert: High-Volume Selloffs From NGLS, EPB, RMBS, VNR, HSY
Wednesday, January 13, 2010 - 4:42pm | 180As if the selloffs themselves weren’t bad enough, some stocks are falling precipitously on high volume – a sign that things may get worse before getting better. Today’s high-volume loss leaders are: El Paso Pipeline Partners, L.P. (NYSE: EPB) Targa Resources Partners LP (Nasdaq: NGLS) Rambus,...
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Green Mountain Coffee Roasters Inc. (GMCR) Initiated With Buy
Wednesday, January 13, 2010 - 4:37pm | 126Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) continues to receive strong analyst support. An analyst at Roth Capital Partners initiated coverage of Green Mountain today with a Buy rating and a $110 target. The analyst said that Green Mountain's sales and earnings will continue to grow over...
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Kraft Foods (KFT) Raises Guidance
Wednesday, January 13, 2010 - 2:04pm | 114Kraft Foods (NYSE: KFT) raised its 2009 profit forecast and said that it was well-positioned to deliver "sustainable top-tier performance, with or without Cadbury (NYSE: CBY)." The food giant raised its earnings guidance for 2009 by 3 cents per share, reflecting strong operating gains. The...