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Magellan Reports Weak Results - Analyst Blog
Tuesday, November 10, 2009 - 1:28pm | 458Magellan Midstream Partners L.P. (MMP), a master limited partnership (MLP), announced weak third quarter results, as low commodity prices more than offset record results from its terminals segment. The partnership reported earnings per unit (EPU) of 43 cents, missing the Zacks Consensus Estimate...
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Morning Quickie$
Tuesday, November 10, 2009 - 10:43am | 1818Keystone Morning Quickie November 10th 2009 Market Commentary Futures are slightly down this morning after a impressive rally yesterday. As impressive as it may have been, we must take not of the lack of volume that was associated with the run up. The Dow Jones made yearly highs at 10023,...
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Company News for November 10, 2009 - Corporate Summary
Tuesday, November 10, 2009 - 10:31am | 375• Priceline.com (NASDAQ:PCLN) reported adjusted third quarter earnings of $3.45 a share, 55 cents above consensus estimates, on better-than-expected revenues of $730.7 million, ahead of estimates of $$693.97 million on strong summer season travel. The firm provided fourth quarter guidance at about...
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Benzinga's Top 5 Pre-Market Gainers (PCLN, HMIN, HOGS, CHNG, JASO)
Tuesday, November 10, 2009 - 9:49am | 191priceline.com Incorporated (NASDAQ: PCLN) shares have risen by 11.06% in the pre-market trading to $192.95. PCLN posted its Q3 EPS of $6.42, significantly beating the consensus expectations due to tax-related gains and rise in bookings. PCLN also projected its Q4 EPS at $1.52-$1.62 and revenue...
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5 Small-Cap Stocks with Lowest PEG (SMP, ADY, STEC, CSR, TCX)
Monday, November 9, 2009 - 1:53pm | 177Below are interesting low-cap stocks on the NYSE and NASDAQ that have lowest PEG ratio. Standard Motor Products Inc (NYSE: SMP) has a PEG ratio of 0.08 and has a market capitalization of $167.7 million. SMP shares are trading significantly short of their 52-week high of $15.71. American Dairy Inc (...
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Breaking News (KFT, MCD, CLWR, TEC)
Monday, November 9, 2009 - 10:19am | 164Kraft Foods (NYSE: KFT) has made a hostile cash-and-stock offer for the world’s second largest confectionary maker Cadbury (NYSE: CBY). The offer is valued at £9.8 billion, which is at a 37% premium to Cadbury's July 3 price. KFT noted that no other bidder has come forward. McDonald's Corp (NYSE:...
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Cadbury Has Already Rejected Kraft's Offering This Morning
Monday, November 9, 2009 - 9:46am | 23Cadbury (NYSE: CBY) has already rejected Kraft's (NYSE: KFT) offering from this morning.
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Stocks In The News (KFT, CBY, CMCSA, S, CLWR)
Monday, November 9, 2009 - 8:59am | 407The News world is abuzz today as investors get ready for the upcoming week. Here are the stocks that show up in the top stories this morning. Among the most talked about stocks in the market today are Kraft Foods (NYSE: KFT) and Cadbury (NYSE: CBY) . In the news today, Cadbury shares went up as...
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For Whom The Bell Tolls: Time Running Out On Kraft's Cadbury Bid (KFT, CBY)
Friday, November 6, 2009 - 7:32pm | 170It could prove to be another Merger Monday next Monday or a day of disappointment for Kraft (NYSE: KFT) and Cadbury shareholders (NYSE: CBY) as the first trading day of the new represents the deadline for Kraft to formalize its $16.9 billion for Cadbury. If Kraft can't strike a deal for U.K.-based...
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Hain Celestial Misses Q1 View By 3c
Thursday, November 5, 2009 - 5:18pm | 26Hain Celestial (Nasdaq: HAIN) misses Street view of 23c by 3c. Hain Celestial reports Q1 revenue $230.5M vs consensus of $286.8M.
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Kraft Foods' (KFT) Lackluster Results Push Down Cadbury’s (CBY) Stock Prices
Thursday, November 5, 2009 - 10:33am | 147According to Wall Street Journal, as the latest quarter results of Kraft Foods Inc. (NYSE: KFT) were lackluster, they also pulled down its rival Cadbury Plc.'s (NYSE: CBY) stock prices. They fell to their lowest level since early September. WSJ gives out the reasons for the fall. First, there were...
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Sara Lee (SLE) Tops EPS Estimates, SLE Raises FY10 Guidance
Thursday, November 5, 2009 - 9:13am | 115Sara Lee (NYSE: SLE) reports Q1 EPS ex-items 32c vs consensus of 16c. Reports Q1 revenue $2.6 billion vs consensus of $3.16 billion. Sara Lee sees FY10 EPS 90c-96c vs consensus of 89c. Net sales from continuing operations for the first quarter of fiscal 2010, ending Sept. 26, 2009, were $2.6...
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Kraft Foods Inc. (KFT) results dampens chances of its acquisition efforts
Wednesday, November 4, 2009 - 10:23am | 96Kraft Foods Inc. (NYSE: KFT) faces a tough task ahead of winning its bid for Cadbury (L: CBRY) shareholders after disappointing results late Tuesday cut analyst estimates of what it could afford to pay for Cadbury. Kraft Foods Inc. (KFT), which closed at $27.54, is likely to witness some selling...
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Kraft Foods (KFT) Secured Funds For Cadbury’s (CBY) Bid
Wednesday, November 4, 2009 - 8:54am | 133Despite the first rebuff from Cadbury Plc (NYSE: CBY) for its takeover bid, Kraft Foods Inc. (NYSE: KFT) is getting ready for the decisive drive to win over the shareholders of its rival. To take that further, Reuters reports that Kraft Foods has approached a consortium of 9 banks. Kraft Foods...
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ETFs To Profit From Higher Orange Juice Consumption With
Monday, November 2, 2009 - 2:18pm | 169The ETF Professor isn't going to take credit for this idea, but he did read an interesting post somewhere else that made the case for increased orange juice consumption as Swine Flu fears increase. Last week, the Professor mentioned a sugar ETN as a great way to get exposure to the volatile...