-
Deutsche Bank Raises PT On JM Smucker To $85
Monday, June 6, 2011 - 5:14am | 28Deutsche Bank has raised the price target on JM Smucker Company (NYSE: SJM) from $83 to $85 and maintains its Buy rating.
-
Earnings Highlights for the Week of June 6
Sunday, June 5, 2011 - 12:02pm | 1032S&P 500 components scheduled to report quarterly results this week include J.M. Smucker (NYSE: SJM), National Semiconductor (NYSE: NSM) and Pall Corp. (NYSE: PLL). While analysts on average are expecting strong earnings growth from Pall, the consensus forecast for Smucker is earnings about the...
-
Sara Lee Corp. Debuts New Meat-Slicing Facility in Kansas City
Friday, June 3, 2011 - 9:00am | 69Sara Lee Corp. (NYSE: SLE) today announced the opening of its state-of-the-art sliced meats manufacturing facility in Kansas City, Kan. The facility, located at 4612 Speaker Road, represents an investment from Sara Lee of over $140 million and is a leader in processing technology. The facility...
-
Bank of America Merrill Lynch Reports on Diamond Foods
Friday, June 3, 2011 - 6:47am | 186Bank of America Merrill Lynch commented on Diamond Foods (NASDAQ: DMND) in a report released today. In the report, Bank of America Merrill Lynch was positive in its assessment of the company. Bank of America Merrill Lynch writes, "DMND reported 3Q11 results after the close. Highlights from the...
-
A Peek Into The Market Before The Trading Starts
Friday, June 3, 2011 - 6:33am | 389Pre-open movers US stock futures are lower this morning, as investors are awaiting payrolls figures. Futures on the Dow Jones Industrial Average dropped 33 points to 12,205.00 and futures on the S&P 500 stock index fell 4 points to 1,308.40. Nasdaq 100 futures declined 8.50 points to 2,317.50...
-
UPDATE: Deutsche Bank Color on Diamond Foods PT Increase
Friday, June 3, 2011 - 6:25am | 95Deutsche Bank, which raised its PT on shares of Diamond Foods, Inc. (NASDAQ: DMND), is providing color on the stock. “In our 40 page initial opinion (5/12/11), we made the case for Diamond's LT potential via the RMT for Pringles,” Deutsche Bank writes. “We modestly increase EPS est. now but more...
-
Smithfield Foods Announces Termination of Negotiations to Acquire Controlling Interest in Campofrio Food Group
Friday, June 3, 2011 - 6:01am | 140Smithfield Foods, Inc. (NYSE: SFD) announced today that it has terminated negotiations with respect to its proposed joint delisting takeover bid, together with Mr. Pedro Ballve, to acquire the remaining shares of Campofrio Food Group, S.A. "While the acquisition of Campofrio would have furthered...
-
US Stock Futures Down As Investors Await Jobs Data
Friday, June 3, 2011 - 5:06am | 418US stock futures are lower this morning, as investors are awaiting payrolls figures. Futures on the Dow Jones Industrial Average dropped 30 points to 12,208.00 and futures on the S&P 500 stock index fell 3.50 points to 1,308.90. Nasdaq 100 futures declined 6.75 points to 2,319.25. US stocks...
-
Deutsche Bank Raises PT On Diamond Foods To $76
Friday, June 3, 2011 - 5:04am | 27Deutsche Bank has raised the price target on Diamond Foods (NASDAQ: DMND) from $75 to $76 and maintains its Buy rating.
-
Stocks To Watch For June 3
Thursday, June 2, 2011 - 11:19pm | 344Some of the stocks that may grab investor focus today are: Diamond Foods Inc (NASDAQ: DMND) swung to a Q3 profit and lifted its projections for the year. DMND reported its quarterly profit at $7.7 million, or $0.34 per share, versus a loss of $4.3 million, or $0.22 per share, in the year-earlier...
-
Five Stocks for National Doughnut Day
Thursday, June 2, 2011 - 5:56pm | 723The first Friday of June is National Doughnut Day in the United States. The event was created by the Salvation Army in 1938 as a fund raiser and to honor women who served donuts to soldiers during World War I. Some independent doughnut shops and large national franchises, such as Dunkin' Donuts and...
-
Diamond Foods Falls Following Its Q1 Results
Thursday, June 2, 2011 - 4:37pm | 202Shares of Diamond Foods (NASDAQ: DMND) are trading lower in the after-hours following the release of the company's Q3 earnings results. Currently, shares are down by 1.61%, trading at $70.20; they closed the regular session lower by 1.78%, at $71.35. Diamond Foods said that Q3 EPS was $0.52 on...
-
Tonight's Notable Events
Thursday, June 2, 2011 - 3:30pm | 273Today's Syndicate Pricing: : ANTH 6.6mm @ $7.50 Citi....TSLA 5mm @ $28.76 GSCO...ACI 48mm @ $27 MGS.... After the bell: Slow overall Anthera Pharmaceuticals, Inc. (ANTH) Secondary offering Verifone Systems (PAY) Inline #'s Beat this qtr - beat top and bottom line - raising guidance to streets...
-
Options Brief: Kellogg Company
Thursday, June 2, 2011 - 1:37pm | 91Shares of Kellogg Company (NYSE: K) are lower on the session by 1.63%, trading at $55.53. Overall put volume is now running at 3.53x the daily average, with 82% of all puts traded being purchases on the offer. 1,976 contracts have traded on the session so far. Kellogg Company is engaged in the...
-
What's Hot On TheStreet
Thursday, June 2, 2011 - 1:11pm | 289Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Unloved Telecom Curiously Gets Top Rating Value-focused Morningstar (NASDAQ: MORN) evaluates stocks based on their underlying fundamentals and then calculates the securities' fair value based on cash flow, safety...