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Jefferies Raises PT On Smithfield Foods To $25
Friday, June 17, 2011 - 5:07am | 27Jefferies & Company has raised the price target on Smithfield Foods (NYSE: SFD) from $24 to $25 and maintains its Buy rating.
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Mad Money Lightning Round: Cramer Likes Chevron, Annaly Capital
Thursday, June 16, 2011 - 11:05pm | 265On CNBC's Mad Money, Jim Cramer said during the Lightning Round that RealD (NYSE: RLD) is “way too risky for me." Cramer believes that Chevron (NYSE: CVX) is a “3% yielder going to 4%. If you can take the pain of oil coming down, I would hold onto it." He believes that Partner Communications' (...
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High Yield Royalty Trusts: Enticing, But Not Necessarily for Retirement Portfolios
Thursday, June 16, 2011 - 3:18pm | 4044As our population ages, the quest for income to fund retirement has never been greater. With interest rates at or near all-time lows, the traditional fixed income option does not provide enough yield to meet the needs of most people desirous of living off their portfolio income. Consequently,...
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Options Brief: Smithfield Foods, Inc.
Thursday, June 16, 2011 - 2:47pm | 89Shares of Smithfield Foods, Inc. (NYSE: SFD) are higher on the session by 6.42%, trading at $21.70. Overall call volume is now running at 2.95x the daily average, with 47% of all calls traded being purchases on the offer. 2,916 contracts have traded on the session so far. Smithfield Foods, Inc...
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Coffee Holding Up Another 9% Today
Thursday, June 16, 2011 - 2:38pm | 64Coffee Holding Co., Inc. (NASDAQ: JVA) shares have been one of, if not the strongest stock in the NASDAQ in the month of June after it reported blow out earnings earlier this month. Shares are up another 9% today, gaining $1.27 to $14.00, a gain of 9.98% on 1.4 million shares today. The average...
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Sanderson Farms Adds Another 4%
Thursday, June 16, 2011 - 12:03pm | 106Shares of Sanderson Farms (NASDAQ: SAFM) are up another 4% on Thursday to $44.83. The stock has jumped more than 8% in the last 5 trading days. Sanderson Farms trades at a trailing P/E of 31.41 and a forward P/E of 15.77. The median Wall Street price target on the stock is $46.50 with a high target...
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Options Brief: Cosan Limited
Thursday, June 16, 2011 - 9:50am | 101Shares of Cosan Limited (NYSE: CZZ) are lower on the session by 0.03%, trading at $12.30. Overall put volume is now running at 2.07x the daily average, with 38% of all puts traded being purchases on the offer. 1,290 contracts have traded on the session so far. Cosan Limited is a holding company...
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Benzinga's Volume Movers
Thursday, June 16, 2011 - 9:19am | 202MediaMind Technologies Inc (NASDAQ: MDMD) shares surged 38.33% to $22.05 at 10:17 am. The volume of MDMD shares traded was 8943% higher than normal. DG FastChannel Inc (NASDAQ: DGIT) announced its plans to acquire MDMD for around $418 million in an all-cash deal. RIT Technologies Ltd (NASDAQ:...
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Oppenheimer Comments On Synutra Earnings Review
Thursday, June 16, 2011 - 7:44am | 109According Oppenheimer, Synutra International (NASDAQ: SYUT) 4Q11 results showed SYUT's operations are on a recovery track: revenue of $79.3M (+79% qoq) was significantly higher than Street consensus of $58.4M and our estimate of $52.1M. Oppenheimer said that EPS of ($0.15) beat Street's ($0.17)....
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Benzinga's Top Downgrades
Thursday, June 16, 2011 - 7:16am | 137Analysts at Robert W. Baird downgraded Korn/Ferry International (NYSE: KFY) from “outperform” to “neutral.” KFY's shares closed at $22.95 yesterday. Korn/Ferry's PEG ratio is 1.25. Analysts at FBR Capital downgraded Intel Corporation (NASDAQ: INTC) from “outperform” to “market perform.” Intel's...
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UPDATE: Goldman Sachs Downgrades General Mills to Neutral
Thursday, June 16, 2011 - 6:52am | 92Goldman Sachs is out with its report today on General Mills (NYSE: GIS), downgrading GIS from Buy to Neutral. In a note to clients, Goldman Sachs writes, "We are downgrading General Mills to Neutral from Buy and lowering our 12-month price target by $2 to $42. Our downgrade reflects our view that...
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Goldman Sachs Downgrades General Mills To Neutral, Lowers PT To $42
Thursday, June 16, 2011 - 5:57am | 28Goldman Sachs has downgraded General Mills (NYSE: GIS) from Buy to Neutral and has lowered the price target from $44 to $42.
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Earnings Scheduled For June 16
Thursday, June 16, 2011 - 12:03am | 261Research In Motion Limited (NASDAQ: RIMM) is expected to post its Q1 EPS at $1.32 on revenue of $5.15 billion. Winnebago Industries Inc (NYSE: WGO) is projected to report its Q3 EPS at $0.13 on revenue of $151.43 million. Smithfield Foods Inc (NYSE: SFD) is expected to report its Q4 earnings at $...
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Stocks To Watch For June 16
Wednesday, June 15, 2011 - 11:55pm | 278Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Company (The) (NYSE: KR) to report its Q1 EPS at $0.64 on revenue of $26.48 billion. KR shares surged 2.75% to $23.58 in after-hours trading. Finisar Corp (NASDAQ: FNSR) issued downbeat projections for the first...
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15 Stocks Breaking Down
Wednesday, June 15, 2011 - 11:37am | 190The stocks below are showing signs of, or already in the process of, breaking down as the smart money appears to be leaving them in a subtle manner. There are stocks trading at its peak and finally showing some vulnerability, while on the other extreme, there are stocks that have been in a channel...