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Coffee Holding Spiking over 12% Higher after Quarterly Results
Thursday, June 9, 2011 - 8:38am | 67Coffee Holding (NASDAQ: JVA): Shares of Coffee Holding hit a 52-week high of $8.50 in Wednesday's session. The stock was able to hold onto all of its gains, finishing 7.7% higher on the day at $8.50. The year-to-date performance of Coffee Holding is a gain of 129.7%. Read more .
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Earnings Roundup For June 9
Thursday, June 9, 2011 - 8:08am | 506J.M. Smucker Co (NYSE: SJM) reported better-than-expected fourth-quarter results on Thursday. Smucker reported its quarterly profit at $94.9 million, or $0.82 per share, versus $120.6 million, or $1.01 per share, in the year-ago period. Excluding one-time items, Smucker's earnings came in at $1.00...
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Zhongpin to Build New Pork Plant in Hebei Province
Thursday, June 9, 2011 - 6:47am | 116Zhongpin Inc. (Nasdaq: HOGS) today announced that Zhongpin will further expand into north China by building a new production facility in Tangshan city, Hebei province, east of Beijing. Zhongpin will invest about $49 million for the plant that will have an annual capacity to produce about 60,000...
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A Peek Into The Market Before The Trading Starts
Thursday, June 9, 2011 - 6:32am | 392Pre-open movers US stock futures are higher this morning, as investors are awaiting trade and jobless claims data. Futures on the Dow Jones Industrial Average gained 27 points to 12,057.00 and futures on the S&P 500 stock index rose 3.60 points to 1,280.60. Nasdaq 100 futures surged 4.75 points...
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UPDATE: Smucker Reports Better-Than-Expected Q4 Results
Thursday, June 9, 2011 - 6:28am | 106J.M. Smucker Co (NYSE: SJM) reported better-than-expected fourth-quarter results on Thursday. Smucker reported its quarterly profit at $94.9 million, or $0.82 per share, versus $120.6 million, or $1.01 per share, in the year-ago period. Excluding one-time items, Smucker's earnings came in at $1.00...
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US Stock Futures Up As Investors Await Trade, Jobless Claims Data
Thursday, June 9, 2011 - 5:19am | 517US stock futures are higher this morning, as investors are awaiting trade and jobless claims data. Futures on the Dow Jones Industrial Average gained 28 points to 12,058.00 and futures on the S&P 500 stock index rose 3.70 points to 1,280.70. Nasdaq 100 futures surged 5.00 points to 2,253.00....
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Stocks to Watch: Fresh 52-Week Highs and Lows
Thursday, June 9, 2011 - 3:33am | 823The following stocks hit new 52-week highs in Wednesday's trading session: 1) 8x8 (NASDAQ: EGHT): Shares of 8x8 hit a 52-week high of $3.97 in Wednesday's session. The stock was heavily sold into, however, finishing 7.7% lower on the day at $3.48. The year-to-date performance of 8x8 is a gain of...
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Stocks To Watch For June 9
Wednesday, June 8, 2011 - 11:30pm | 302Some of the stocks that may grab investor focus today are: Wall Street expects National Semiconductor Corporation (NYSE: NSM) to report its FQ4 EPS at $0.27 on revenue of $365.14 million. NSM shares dropped 0.08% to $24.57 in after-hours trading. Men's Wearhouse Inc (NYSE: MW) reported a two-fold...
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Coffee Holding Up 5% In Weak Tape
Wednesday, June 8, 2011 - 2:52pm | 62Coffee Holding Co., Inc. (NASDAQ: JVA) shares are continuing their upward climb in a weak tape, gaining another 5% today. Coffee Holding Co., Inc. operates as an integrated wholesale coffee roaster and dealer in the United States and Canada. The company offers three categories of products:...
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Strongest Consumer Goods Stocks Right Now
Wednesday, June 8, 2011 - 12:23pm | 2021) Lorillard (NYSE: LO): Currently trading up 2.2% from yesterday's close to $99.33. The stock has lost 14.8% over the past seven trading sessions. 2) Hormel Foods (NYSE: HRL): Currently trading up 1.5% from yesterday's close to $28.83. The stock has lost 1.7% over the past seven trading sessions...
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Options Brief: Kellogg Company
Wednesday, June 8, 2011 - 9:52am | 91Shares of Kellogg Company (NYSE: K) are lower on the session by 0.51%, trading at $55.05. Overall put volume is now running at 3.15x the daily average, with 36% of all puts traded being purchases on the offer. 1,857 contracts have traded on the session so far. Kellogg Company is engaged in the...
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Bank of America Reiterates Underperform and PT of $20 on Smithfield Foods
Wednesday, June 8, 2011 - 8:26am | 134Bank of America reiterated its Underperform rating on Smithfield Foods (NYSE: SFD). at the same time, Bank of America left its price target on the company's stock unchanged at $20. In a research report published today, Bank of America provided some color on the company's Q1 earnings report, which...
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Top 4 Stocks In The Confectioners Industry With The Highest Revenue
Wednesday, June 8, 2011 - 12:44am | 131Below are the top confectioners stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Cosan Limited (NYSE: CZZ) is $10.33 billion. CZZ's PEG ratio is 0.43. The trailing-twelve-month revenue at The Hershey Company (NYSE: HSY) is $5.83 billion. HSY's ROE for...
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Mad Money Lightning Round: Cramer Likes Booz Allen Hamilton
Wednesday, June 8, 2011 - 12:11am | 212On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Chesapeake Energy (NYSE: CHK) is “doing a great job. The stock is marking time but I'm still a believer. Natural gas is very important." Cramer said that Booz Allen Hamilton (NYSE: BAH) was a “monster quarter. It should have...
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To the Securities and Exchange Commission: Green Mountain Coffee Roasters selectively spills the beans and its numbers still don't add up
Tuesday, June 7, 2011 - 5:45pm | 4128Courtesy of Sam Antar of White Collar Fraud Note to readers: Over the last four weeks, I sent several letters to Mary Schapiro, Chairman of Securities and Exchange Commission detailing what I believe are Regulation FD violations and questionable financial reporting by Green Mountain Coffee...