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Top 5 Small-Cap NASDAQ Stocks with Lowest PEG Ratio (PDLI, CMED, IIIN, GLBL, HOGS)
Wednesday, December 9, 2009 - 10:10am | 172Below are the top 5 small-cap stocks on the NASDAQ in terms of PEG ratio. PDL BioPharma Inc (NASDAQ: PDLI) has a PEG ratio of 0.21. PDLI’s market capitalization is $789.8 million. Lazard Capital Markets upgraded PDLI from “hold” to “buy.” China Medical Technologies Inc (NASDAQ: CMED) has a PEG...
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Benzinga’s Volume Movers (SMED, CAGC, SAFM, NANO, CAAS)
Tuesday, December 8, 2009 - 3:15pm | 267Some of the stocks enjoying extraordinary trading and are worth looking at are: Sharps Compliance Corp (NASDAQ: SMED) shares appreciated 7.11% to $11.00. SMED continued to be in demand for the second consecutive day, with share volumes traded in today's session exceeding normal levels by 360%. SMED...
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Company News for December 08, 2009 - Corporate Summary
Tuesday, December 8, 2009 - 10:15am | 234• Boeing (NYSE:BA) much-awaited first Dreamliner flight is likely to happen as early as next week • Cadbury (NYSE:CBY) may formally reply to Kraft's (NYSE:KFT) $16 billion bid on December 14 • CF Industries (NYSE:CF) increased its hostile bid for Terra Industries (NYSE:TRA) to $36.75 from $32 cash...
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Green Mountain Buys Diedrich Coffee For $35/Share
Tuesday, December 8, 2009 - 8:50am | 80A day after Peet's Coffee & Tea, Inc. (NASDAQ: PEET) said that it would not raise its offer price ($32.50 per share), Diedrich Coffee, Inc. (NASDAQ: DDRX) today accepted a $35 a share offer from Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR). On December 02, Green Mountain had raised its...
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Diedrich Accepts $290 Million Offer From Green Mountain
Tuesday, December 8, 2009 - 4:23am | 90Coffee wholesaler Diedrich Coffee (Nasdaq: DDRX) has accepted a $35 per share takeover offer from Green Mountain Coffee Roasters (Nasdaq: GMCR). The offer equals $290 million. Green Mountain, which had raised its all-share offer by $25 million to $290 million on Dec 2, already operates a licensing...
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Morgan Stanley Boosts Smithfield FY EPS Estimates
Monday, December 7, 2009 - 3:30pm | 138Morgan Stanley has raised its full year 2010 estimates for meat wholesaler Smithfield Foods (NYSE: SFD). The bank boosted its EPS target significantly, from the former -$1.85 to -$1.22, although it reiterated its equal weight rating on the stock. The EPS boost was a mark-to-market improvement due...
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ETFs To Watch December 7, 2009 (MNA, KRE, UUP, EWA, FXY)
Monday, December 7, 2009 - 3:06am | 237Here is the ETF Professor's ETF Watchlist for Monday December 7, 2009. The Yen is looking a little overbought against the dollar, so keep an eye on the CurrencyShares Japanese Yen Trust ETF (NYSE: FXY). Take a look at the iShares MSCI Australia Index (NYSE: EWA) on news of BHP Billiton (NYSE: BHP)...
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Kraft Posts Formal Bid For Cadbury
Friday, December 4, 2009 - 3:07pm | 136Kraft Foods (NYSE: KFT) has posted its offer documentation to British confectioner Cadbury (LSE: CBRY). The American company’s formal offer is for 300 pence in cash and 0.2589 new KFT share for every share of CBRY. In the documentation, Kraft claimed that it would increase its long-term growth...
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DLM Reports Robust Operating Margins for Q2
Friday, December 4, 2009 - 2:50pm | 122Analyst Timothy S Ramey of DA Davidson & Co maintains his “buy” rating on Del Monte Foods Co (NYSE: DLM), while raising his estimates for the company. The target price for DLM has been raised from $14 to $17. DLM has reported its Q2 operating EPS significantly ahead of the estimates and the...
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Top 5 Small-Cap Stocks with Highest 5-Y Earnings Growth Estimate (SMP, ADY, SYUT, CPIX, GVP)
Friday, December 4, 2009 - 9:15am | 193Below are some interesting small-cap stocks that trade on the NYSE and NASDAQ and have the highest 5-year earnings growth estimate. The earnings growth estimate for Standard Motor Products Inc (NYSE: SMP) for the next five years is 222.2%. SMP’s market capitalization is $177.6 million. BB&T...
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Profitability of Smithfield Foods’ Packaged Meat May Suffer
Thursday, December 3, 2009 - 10:52am | 142Analysts at BB&T Capital Markets maintain their “hold” rating on Smithfield Foods Inc (NYSE: SFD), while reducing their estimates for the company. SFD shares have appreciated by 29% since September 1, as compared to an 11% rise in the S&P 500 index. Moreover, SFD’s December 2009 lean hog...
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Attorney General Approval Required For Buying Chocolate, HSY, CBY, KFT
Wednesday, December 2, 2009 - 2:12pm | 118Hershey’s (NYSE: HSY) bid to acquire Cadbury PLC (NYSE: CBY) would require the approval of the Pennsylvania Attorney General. According to the Wall Street Journal, the Hershey Trust, the majority stakeholder in the Hershey Company has sought the approval of the Pennsylvania AG to carry out its...
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Human Genome to Raise Money - Analyst Blog
Wednesday, December 2, 2009 - 1:18pm | 400Human Genome Sciences Inc. (HGSI) announced that it intends to sell up to 12.5 million shares to raise money for the development of its potential blockbuster lupus drug Benlysta and other business activities. The net proceeds from the public offering will be used for general corporate purposes,...
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Human Genome to Raise Funds - Analyst Blog
Wednesday, December 2, 2009 - 1:18pm | 395Human Genome Sciences Inc. (HGSI) announced that it intends to sell up to 12.5 million shares to raise money for the development of its potential blockbuster lupus drug Benlysta and other business activities. The net proceeds from the public offering will be used for general corporate purposes,...
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Magellan Hits 52-Week High - Analyst Blog
Wednesday, December 2, 2009 - 11:00am | 289Units of Magellan Midstream Partners, L.P. (MMP) hit a 52-week high of $41.51 yesterday (Tuesday). The master limited partnership (MLP) has seen its unit price climb 36% since April, as investors have been buying shares of the oil and gas transporter for its attractive distribution payout (...