-
Jefferies Provides Color on Food Sector
Wednesday, June 22, 2011 - 7:09am | 178Jefferies provided color on the food sector. In a research report published today, Jefferies stressed a possibility that Wal-Mart (NYSE: WMT) might put more pressure on its suppliers to maintain its price competitiveness. In the report, Jefferies states, "After packaged food price gaps between Wal...
-
Bank of America Reiterates Buy and PT of $42 on General Mills
Wednesday, June 22, 2011 - 6:24am | 114Bank of America reiterated its Buy rating on General Mills (NYSE: GIS). At the same time, the rating agency left its price target on the company's stock unchanged at $42 ahead of the company's quarterly earnings report, which is due on June 29. In a research report published today, Bank of...
-
Top 4 Small-Cap Stocks In The Real Estate Development Industry With The Highest EPS
Tuesday, June 21, 2011 - 11:45pm | 143Below are the top small-cap real estate development stocks on the NYSE and the NASDAQ in terms of earnings per share. The trailing-twelve-month earnings per share at Maui Land & Pineapple Company Inc (NYSE: MLP) is $2.65. MLP's profit margin for the same period is 97.79%. The trailing-twelve-...
-
Brian Sozzi Thinks Stocks May Rally Tomorrow On Big Ben
Tuesday, June 21, 2011 - 9:13am | 336Brian Sozzi of Wall Street Strategies is out with a research note on tomorrow's FOMC meeting, as well as press conference that Federal Reserve chairman Ben Bernanke will have after. Sozzi goes on to note that the Fed's view that inflation in commodity prices were "transitory" has been largely spot...
-
J.P. Morgan Raises PT On DF To $13
Tuesday, June 21, 2011 - 6:42am | 131J.P. Morgan is raising its price target on Dean Foods (NYSE: DF) from $12 to $13 as it looks forward to next year for the company. In the report, J.P. Morgan writes, “We are nipping our second quarter estimate by $0.02, to $0.18, to reflect a slightly lower operating margin assumption on the...
-
JP Morgan Raises PT On Dean Foods To $13
Tuesday, June 21, 2011 - 5:03am | 27JP Morgan has raised the price target on Dean Foods (NYSE: DF) from $12 to $13 and maintains its Neutral rating.
-
Dip Buying? Try These Five ETFs
Monday, June 20, 2011 - 1:15pm | 614These days, it's hard to be excited by much in the ETF universe from long side. Unless of course you've taken to buying inverse funds, which has been a fine idea since the start of May. Yes, these are trying times, but this is also the type of environment where the astute investor can scoop up...
-
Goldman Sachs Provides Color on ConAgra, Neutral
Monday, June 20, 2011 - 8:04am | 132Goldman Sachs provided color on ConAgra (NYSE: CAG) ahead of the company's quarterly earnings report, which is due to be published on Thursday, June 23. In a research report published today, Goldman states, "ConAgra (CAG, Neutral) reports 4QFY11 results and issues its FY12 outlook on Thursday,...
-
Zhongpin's Top Two Executives Intend to Purchase Shares in Next Six Months
Monday, June 20, 2011 - 5:54am | 137Zhongpin Inc. (Nasdaq: HOGS) today announced that Mr. Xianfu Zhu, Zhongpin's Chairman and Chief Executive Officer, and Mr. Baoke Ben, Director and Executive Vice President, expect to use their personal funds to purchase up to an aggregate total of $1 million worth of Zhongpin's common stock in open...
-
Friday's Put/Call Ratio Leaders
Friday, June 17, 2011 - 11:29am | 84Here are today's Put/Call Ratio leaders… 1. Eagle Bulk Shipping Inc. (NASDAQ: EGLE) 9,990 puts, 11 calls 2. Ralcorp Holdings Inc. (NYSE: RAH) 5,485 puts, 80 calls 3. Energy Transfer Equity LP (NYSE: ETE) 2,740 puts, 91 calls 4. NetLogic Microsystems Inc. (NASDAQ: NETL) 3,192 puts, 107 calls 5....
-
Coffee Holding Co. Up Another 8%
Friday, June 17, 2011 - 11:05am | 110The action in Coffee Holding Co. (NASDAQ: JVA) has been extremely explosive over the last couple of weeks. During the course on one month, JVA has jumped 140%. During Friday's trading session, the stock has added another 8% and is trading at $15.20. The 52-week range in JVA is $3.67 to $16.20. The...
-
Coffee Holding Gapping Higher Pre-Market
Friday, June 17, 2011 - 8:15am | 15Coffee Holding (NASDAQ: JVA) is up 7.88% pre-market.
-
UPDATE: Jefferies Raises PT on Smithfield Foods to $25
Friday, June 17, 2011 - 7:23am | 85Jefferies is out with its report today on Smithfield Foods (NYSE: SFD), raising its PT from $24 to $25. In a note to clients, Jefferies writes, "Raising PT to $25 from $24. Our $25 PT equates to a 7x EV/EBITDA. We believe the multiple, which is below the 5-year mean of 8.4X, is appropriate given...
-
Morgan Stanley Reiterates Equal-Weight on Smithfield Foods
Friday, June 17, 2011 - 6:59am | 130Morgan Stanley reiterated its Equal-rating on Smithfield Foods (NYSE: SFD) in spite of slashing its earnings per share estimates. In a research report published today, Morgan Stanley states, "We are retaining our Equal-weight rating and lowering our F2011 EPS from $2.15 to $1.70. While...
-
Goldman Sachs Maintains Neutral on Smithfield Foods
Friday, June 17, 2011 - 6:50am | 101Goldman Sachs is out with its report today on Smithfield Foods (NYSE: SFD), maintaining Neutral. In a note to clients, Goldman Sachs writes, "We remain on the sidelines in SFD as we expect shares may follow-through to the upside in coming weeks as hog prices remain seasonally elevated. We see a...