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Earnings Scheduled For June 30
Thursday, June 30, 2011 - 12:17am | 387Apollo Group Inc (NASDAQ: APOL) is expected to report its Q3 earnings at $1.34 per share on revenue of $1.20 billion. McCormick & Company Incorporated (NYSE: MKC) is projected to post its Q2 EPS at $0.54 on revenue of $855.16 million. Smith & Wesson Holding Corp (NASDAQ: SWHC) is...
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Mad Money Lightning Round: Cramer Advises Investors To Buy Illumina
Thursday, June 30, 2011 - 12:09am | 338On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Hudson City Bancorp (NASDAQ: HCBK) "turned out to be far more controversial than I realized ... If you want a good regional, I suggest First Niagara Financial (NASDAQ: FNFG)." For Transocean (NYSE: RIG), he said, "I like it, a...
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Water Balloon Toss 06-29-2011
Wednesday, June 29, 2011 - 5:58pm | 994Cusick's Corner Today's action was like watching a fast paced water balloon toss competition (a great Fourth of July game). There will be quite a bit of data released over the next 12 hours that has the potential to add some volatility and the most notable releases are manufacturing data out of...
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Rally Extended 06-29-2011
Wednesday, June 29, 2011 - 2:31pm | 936Cusick's Corner Today's snapshot: Greeks respond to austerity measures, BAC settles and bonds tumble. The Finance sector had the largest lift into the midday, thanks to more clarity from Bank of America concerning fallout from the mortgage and CDS markets which additionally helps estimate the...
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Rally Extended 06-29-2011
Wednesday, June 29, 2011 - 2:31pm | 936Cusick's Corner Today's snapshot: Greeks respond to austerity measures, BAC settles and bonds tumble. The Finance sector had the largest lift into the midday, thanks to more clarity from Bank of America concerning fallout from the mortgage and CDS markets which additionally helps estimate the...
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Skip Summer Doldrums With These Stock Ideas
Wednesday, June 29, 2011 - 2:27pm | 489It's hot. Your air conditioner (if you're lucky enough to have one) has been blasting away for weeks. You're starting to count the swimming pool as your daily bath. Your nightly iced tea has slowly morphed into a mojito or six. And yes, the kids are driving you up the wall. Welcome to summer...and...
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Wednesday's Put/Call Ratio Leaders
Wednesday, June 29, 2011 - 12:54pm | 80Here are today's Put/Call Ratio leaders… 1. Ashford Hospitality Trust (NYSE: AHT) 5,000 puts, 33 calls 2. H&R Block Inc. (NYSE: HRB) 4,542 puts, 37 calls 3. Myriad Genetics (NASDAQ: MYGN) 3,038 puts, 28 calls 4. Ralcorp Holdings (NYSE: RAH) 3,083 puts, 62 calls 5. ResMed Inc. (NYSE: RMD) 6,034...
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Puts Purchased on Ralcorp Holdings, Inc.
Wednesday, June 29, 2011 - 10:16am | 127Shares of Ralcorp Holdings, Inc. (NYSE: RAH) are lower on the session by 0.21%, currently trading at $86.64. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short...
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Bank of America Merrill Lynch Maintains Neutral on Campbell Soup
Wednesday, June 29, 2011 - 8:02am | 92Bank of America Merrill Lynch is out with its report today on Campbell Soup (NYSE: CPB), maintaining Neutral. In a note to clients, Bank of America Merrill Lynch writes, "Inconsisent performance in U.S. soup as well as the uncertainty of long term sustainability keeps us cautious. We maintain our...
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News Summary for June 29, 2011
Wednesday, June 29, 2011 - 6:55am | 318This is your Benzinga news summary and traders' outlook for Wednesday, June 29, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher as traders anticipate a positive vote to the Greek debt crisis...
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A Peek Into The Market Before The Trading Starts
Wednesday, June 29, 2011 - 6:42am | 393Pre-open movers US stock futures are higher this morning, as investors are awaiting home-sales data. The Greek parliament is scheduled to vote on the austerity measures. Futures on the Dow Jones Industrial Average surged 55 points to 12,196.00 and futures on the S&P 500 stock index rose 7.20...
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Goldman Sachs Raises Price Target On Campbell Soup To $34
Wednesday, June 29, 2011 - 6:41am | 96According to Goldman Sachs, Campbell Soup (NYSE: CPB) last night announced a restructuring program that will result in $60 mn of ongoing pre-tax savings in FY12, which steps up to $70 mn by FY14. Goldman Sachs said that it raises its 12-month price target to $34 from $32 on its higher EPS estimate...
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UPDATE: General Mills Reports 51% Rise In Q4 Net Income, Issues Downbeat FY12 Earnings Forecast
Wednesday, June 29, 2011 - 6:37am | 100General Mills Inc (NYSE: GIS) reported a 51% surge in fiscal fourth-quarter net income on Wednesday. General Mills reported its quarterly earnings at $320.2 million, or $0.48 per share, up from $211.9 million, or $0.31 per share, in the year-ago quarter. Its adjusted earnings came in at $0.52 per...
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Goldman Sachs Lowers PT On Campbell Soup To $32
Wednesday, June 29, 2011 - 5:31am | 28Goldman Sachs has lowered the price target on Campbell Soup Company (NYSE: CPB) from $34 to $32 and maintains its Sell rating.
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US Stock Futures Up; All Eyes On Greek Vote, Home Sales Data
Wednesday, June 29, 2011 - 5:16am | 397US stock futures are higher this morning, as investors are awaiting results from General Mills (NYSE: GIS) and home-sales data. The Greek parliament is scheduled to vote on the austerity measures. Futures on the Dow Jones Industrial Average surged 19 points to 12,160.00 and futures on the S&P...