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J.P Morgan Ups PT On CPB To $35
Wednesday, July 13, 2011 - 6:36am | 115J.P. Morgan, in light of new plans for the stock coming from its new CEO, has raised its price target on Campbell Soup (NYSE: CPB) from $32 to $35. Says J.P. Morgan, in its report, “Denise Morrison, Campbell's new chief executive, yesterday unveiled her much-anticipated plan for reviving the...
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Bank of America Maintains Neutral Rating, $35 PO on Campbell Soup
Wednesday, July 13, 2011 - 6:32am | 89Bank of America is maintaining its Neutral rating and $35 PO on shares of Campbell Soup Co. (NYSE: CPB). “FY12/FY13 EPS goes from $2.54/$2.65 to $2.35/$2.45,” Bank of America writes. “Lower estimates reflect incremental marketing investments and expected volume disruption. We also raise our 4Q11...
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JP Morgan Raises PT On Campbell Soup To $35
Wednesday, July 13, 2011 - 5:31am | 28JP Morgan has raised the price target on Campbell Soup Company (NYSE: CPB) from $32 to $35 and maintains its Neutral rating.
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Stocks to Watch for Wednesday 07/13/11: Fresh 52 Week Highs and Lows
Tuesday, July 12, 2011 - 7:24pm | 1637Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to lowest): 1) Adventrx Pharmaceuticals (NYSE: ANX...
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Dean Foods Reaches Agreement to Settle Tennessee Farmer Litigation
Tuesday, July 12, 2011 - 5:25pm | 146Dean Foods Company (NYSE: DF) today announced it has reached an agreement with the plaintiffs to settle litigation brought on behalf of a class of dairy farmers in various Southeastern states. The case had been scheduled for trial beginning in August 2011. Under the proposed settlement agreement,...
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Bubble Bursts Bitterly on Another Coffee Stock
Tuesday, July 12, 2011 - 2:27pm | 362Coffee Holding Co (NASDAQ: JVA) opened with a precipitous drop this morning, reversing a nearly month-long climb. The stock closed at $29.35 yesterday evening and has since dropped by around 20% to trade near $23.50. Coffee Holding Co is a mid-sized coffee wholesaler that operates in the United...
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Tuesday's Put/Call Ratio Leaders
Tuesday, July 12, 2011 - 11:12am | 76Here are today's Put/Call Ratio leaders… 1. Quest Diagnostics (NYSE: DGX) 2,541 puts, 21 call 2. KeyCorp (NYSE: KEY) 10,901 puts, 90 calls 3. Warner Chilcott (NASDAQ: WCRX) 2,590 puts, 22 calls 4. Ralcorp Holdings (NYSE: RAH) 3,188 puts, 35 calls 5. China Unicom (NYSE: CHU) 2,551 puts, 55 calls
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NASDAQ Top Movers; Kandi, YRC, Coffee Holding, Pluristem
Tuesday, July 12, 2011 - 11:00am | 471POINT ROBERTS - July 12, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 11, 2011. Kandi Technolgies Corp. (NASDAQ: KNDI) soared 19.68% to $2.19 after the company said that it has signed an agreement...
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Green Mountain Coffee Roasters Plunging 5% As Coffee Stocks Go Cold
Tuesday, July 12, 2011 - 10:51am | 201Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) shares are plunging today, down nearly 5% on heavy volume as the other coffee stocks are seeing outflows, including Tim Horton's (NYSE: THI), Coffee Holding Co., Inc. (NASDAQ: JVA), and Caribou Coffee Company, Inc. (NASDAQ: CBOU). Conversely,...
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Top Narrow Based Indexes For July 12
Tuesday, July 12, 2011 - 9:39am | 195By 10:35 am, the Dow Jones Industrial Average was down 2.04 points, or 0.02%, to 12,503.72, while the broader Standard & Poor's 500 index had gained 0.33 points, or 0.03%. The NASDAQ composite index fell 5.34 points, or 0.19%. Some of the narrow based indexes that are supporting the markets...
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Morning Market Losers
Tuesday, July 12, 2011 - 8:54am | 116SunLink Health Systems Inc (AMEX: SSY) dipped 17.28% to $1.58 at 9:52 am. SSY promoted Jesus F. Ruiz to the position of Assistant Vice President and Chief Compliance Officer. Trex Company Inc (NYSE: TREX) fell 16.19% to $20.08. TREX lowered Q2 revenue projections. Wolverine World Wide Inc (NYSE:...
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Coffee Holding Plunging, Finally!
Tuesday, July 12, 2011 - 8:39am | 72Coffee Holding Co., Inc. (NASDAQ: JVA) shares are plunging this morning, down more than 9% as it appears the coffee stock is finally starting to crack. Shares have risen over 400% in the past few months, and nothing goes up in a straight line without coming back down to Earth. At last check,...
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UPDATE: Bank of America Merrill Lynch Raises PO on Green Mountain Coffee Roasters to $105
Tuesday, July 12, 2011 - 7:37am | 110Bank of America Merrill Lynch is out with its report today on Green Mountain Coffee Roasters (NASDAQ: GMCR), raising its PO from $90 to $105. In a note to clients, Bank of America Merrill Lynch writes, "We expect GMCR to carry strong sales momentum into FY12 as consumer interest is accelerating,...
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Campbell Soup Company Sees FY 2012 Adjusted EPS Decline of 6-4%
Tuesday, July 12, 2011 - 7:37am | 178Campbell Soup Company (NYSE: CPB) will outline a new strategic direction today at a meeting with investors led by Chief Operating Officer Denise Morrison, who will become the company's President and Chief Executive Officer on Aug. The company will update its previous guidance for the current...
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Benzinga's Top Pre-Market NASDAQ Losers
Tuesday, July 12, 2011 - 7:13am | 110Microchip Technology Inc (NASDAQ: MCHP) dipped 9.82% to $33.80 in the pre-market session. MCHP lowered its fiscal first-quarter sales forecast. American Superconductor Corp (NASDAQ: AMSC) dropped 8.91% to $7.77 in the pre-market trading. AMSC will restate its results for the second and third...