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Human Genome Sciences and GlaxoSmithKline Announce Human Genome Lupus Drug Succeeds In BLISS-76 trial
Monday, November 2, 2009 - 3:32am | 191Human Genome Sciences, Inc. (Nasdaq: HGSI) and GlaxoSmithKline PLC (NYSE: GSK) today announced that BENLYSTA™ (belimumab) met the primary endpoint in BLISS-76, the second of two pivotal Phase 3 trials in seropositive patients with systemic lupus erythematosus (SLE). BLISS-76 study results through...
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Jim Cramer Thinks That Downturn Won't Be Bigger Than 7% (PG, GIS, MCD, WLP)
Friday, October 30, 2009 - 4:25pm | 154CNBC's Mad Money Jim Cramer thinks it is time to sell, but there are still some stocks that will hold these levels. He thinks that investors should move the money from cyclical stocks like Freeport-McMoRan (NYSE: FCX) to defensive stocks like Procter & Gamble (NYSE: PG), General Mills (NYSE:...
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Tom Gayner Portfolio Focus (MKL, BRK.A, MCD, KO, PG, CPB, ABT, MSFT,MSFT, MAR, SYY, CXMSF, CVA, COP, NYX, CBG, FR)
Friday, October 30, 2009 - 1:22pm | 331Tom Gayner is the CIO for Markel Corporation (NYSE: MKL). He is one of the finest minds in investing and was once said to be the best CIO to replace Warren Buffet in Berkshire Hathaways (NYSE: BRK.A). Gayner is considered a value investor that has simple rules in finding companies to invest in,...
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Citigroup Upgrades Kellogg To Buy And Raises Price Target To $63
Friday, October 30, 2009 - 6:40am | 51Citigroup upgrades Kellogg (NYSE: K) from Hold to Buy. Citi also raised its price target on Kellogg from $50 to $63. Kellogg closed at $51.38 yesterday. Citigroup believes Kellogg's reduced spending and share buyback will serve as catalysts for its stock. Kellogg is trading up slightly in the pre-...
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Today’s Earnings Preview (PG, CL, K, HAR, WMB, XOM)
Thursday, October 29, 2009 - 6:17am | 167The Procter & Gamble Company (NYSE: PG) is projected to post a fiscal first-quarter profit of 99 cents a share, according to analysts surveyed by Thomson Reuters. Colgate-Palmolive Company (NYSE: CL) is projected to post a third-quarter profit of $1.11 a share, according to analysts surveyed...
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General Mills (GIS) Expects To Raise Prices To Meet Demand
Wednesday, October 28, 2009 - 6:20am | 15General Mills (GIS) expects to raise prices to meet demand.
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5 Stocks With Highest 5-Y Earnings Growth (GSI, TRID, BIDU)
Tuesday, October 27, 2009 - 10:27am | 185Below are interesting stocks on the NASDAQ and NYSE with the highest five year earnings growth and sales growth estimate. General Steel Holdings Inc (NYSE: GSI) has a 5-year earnings growth rate of 105.78%. GSI is estimated to achieve sales growth of 70.1%. Roth Capital upgraded GSI from “hold” to...
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Nelson Peltz Legg Mason’s New Board Member
Monday, October 26, 2009 - 7:20am | 163Legg Mason Inc (NYSE: LM) may have a new board member. According the Wall Street Journal, Nelson Peltz might be the new addition. Peltz has acquired 4.3% stake in Legg Mason. Once he is added as a new board member, however, Peltz may be asked to restrict his stock acquisition to 9.9% in Legg Mason...
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Dean Foods (DF) Named Outstanding Corporation by Greater Dallas Chapter Association of Fund Raising Professionals
Friday, October 23, 2009 - 5:23am | 94Dean Foods, (NYSE: DF) one of the nation's leading food and beverage companies, supports numerous nonprofit organizations on a national and local level. Dean Foods' primary philanthropic efforts are aimed at ending childhood hunger and teaching at-risk children and youth about proper nutrition and...
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Today’s Earnings Preview (COF, CELG, GR, HSY, KMB, T)
Thursday, October 22, 2009 - 5:46am | 170Capital One Financial Corp. (NYSE: COF) is estimated to post a third-quarter profit of 13 cents a share, according to analysts surveyed by Thomson Reuters. Celgene Corporation (NASDAQ: CELG) is projected to report a profit of 54 cents a share in the third quarter, according to analysts surveyed by...
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5 NYSE Stocks with Highest 5-Y Earnings growth (HQS, EXH, DO)
Wednesday, October 21, 2009 - 12:32pm | 176Below are interesting stocks on the NYSE with the highest 5-Y earnings growth. HQ Sustainable Maritime Industries Inc (NYSE: HQS) has a 5-year earnings growth rate of 120.61% and a PEG ratio of 0.38. HQS shares are trading significantly below its 52-week high of $10.31. Exterran Holdings Inc (NYSE...
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Sara Lee (SLE) Hit By Fire Last Night
Wednesday, October 21, 2009 - 11:26am | 18A Sara Lee (NYSE: SLE) plant was hit by a fire last night.
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Clarcor (CLC) and ConAgra (CAG) Posted Impressive Dividends
Thursday, October 15, 2009 - 10:22am | 144Clarcor(NYSE: CLC) and ConAgra (NYSE: CAG) posted impressive quarterly results and announced an increase in dividends. Clarcor Inc., posted a dividend increase of 8.3% which was mainly due to a strong third quarter EPS of $0.42 and a cash flow of $93 million for the first nine months, up $14...
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Monterey Gourmet Foods Inc. (PSTA) Up 13% Today on Acquisition
Friday, October 9, 2009 - 1:17pm | 76Monterey Gourmet Foods Inc. (NASDAQ: PSTA) is up close to 13% to $2.67/share in midday trading on 61X normal volume. Monterey announced this morning that it had agreed to be acquired by Pulmuone U.S.A., Inc for $2.70/share. The company believes the deal can be completed before the end of the year...
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Kraft Foods (KFT) to Invest $20M for (R&D) Center in France
Thursday, October 8, 2009 - 6:10am | 69Kraft Foods (NYSE: KFT) intends to invest $20M in constructing a new Biscuit Research & Development (R&D) Center in Saclay, France, a suburb of Paris, scheduled to open during the first half of 2011. Kraft Foods makes today delicious in 150 countries around the globe. This new facility will...