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Deutsche Bank Reports on Heinz
Friday, May 27, 2011 - 6:53am | 154Deutsche Bank commented on Heinz (NYSE: HNZ) in a report released yesterday. In the report, Deutsche Bank was positive in its assessment of the company. Deutsche Bank writes, "Following the investor day, we affirm our Buy rating based on several factors incl. emerging mkt. exposure, leading share...
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Morgan Stanley Reports on Heinz
Friday, May 27, 2011 - 6:38am | 216Morgan Stanley commented on Heiz (NYSE: HNZ) in a report released yesterday. In the report, Morgan Stanley was positive in its assessment of the company. Morgan Stanley writes, "We are reiterating our Overweight rating on Heinz following the company's F4Q results and Analyst Day in NY. We are...
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Zhongpin's Director Min Chen to Step Down to Take New Position
Friday, May 27, 2011 - 6:30am | 150Zhongpin Inc. (Nasdaq: HOGS) announced that Mr. Min Chen, an independent director of the company, informed the company's Board of Directors that, in order to pursue other projects and interests, he intends to retire from the Board and not seek re-election when his term expires at the company's...
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Deutsche Bank Raises PT On HJ Heinz To $60
Friday, May 27, 2011 - 6:08am | 28Deutsche Bank has raised the price target on HJ Heinz Company (NYSE: HNZ) from $57 to $60 and maintains its Buy rating.
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Citigroup Raises PT On HJ Heinz To $62
Friday, May 27, 2011 - 6:02am | 27Citigroup has raised the price target on HJ Heinz Company (NYSE: HNZ) from $57 to $62 and maintains its Buy rating.
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JP Morgan Raises PT On HJ Heinz To $60
Friday, May 27, 2011 - 5:25am | 28JP Morgan has raised the price target on HJ Heinz Company (NYSE: HNZ) from $54 to $60 and maintains its Overweight rating.
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Bank of America Raises PO On HJ Heinz To $55
Friday, May 27, 2011 - 4:54am | 28Bank of America has raised the price objective on HJ Heinz Company (NYSE: HNZ) to $55 and maintains its Neutral rating.
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Public Companies Giving Out Cash Like They're Oprah on a Coke Binge
Thursday, May 26, 2011 - 4:25pm | 538For all the talk about the recession, one segment of the economy is booming. The corporate world is flush with cash, and the proof is in the dividend pudding. Take a look at the news wire the last few days. It seems like everybody and their grandmother is handing out new dividends, increasing...
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Calls Purchased on Ralcorp Holdings, Inc.
Thursday, May 26, 2011 - 2:30pm | 129Shares of Ralcorp Holdings, Inc. (NYSE: RAH) are higher on the session by 0.53%, currently trading at $87.67. The stock has been moving largely higher over the past six weeks and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today....
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Dinakar Singh Likes Sprint, Orkla, & Zhongpin
Thursday, May 26, 2011 - 2:02pm | 329Dinakar Singh of TPG-Axon Capital was at the Ira Sohn Conference yesterday, and gave three investment ideas to the hedge fund community yesterday. Singh mentioned Orkla, a Norwegian company. He believes the company, which is one of the best consumer staples company in the region is working to...
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EXCLUSIVE: Starbucks Talks To Benzinga About Price Hike
Thursday, May 26, 2011 - 12:38pm | 244Alan Hilowitz, Starbucks' (NASDAQ: SBUX) Director of Corporate Communications, spoke to Benzinga today about the 17 percent price increase on packaged coffee that was announced yesterday. The announcement was made in a statement that read, “For the first time in nearly two years, Starbucks will...
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Dow Earning All 115 Birthday Spankings Today
Thursday, May 26, 2011 - 11:05am | 591Apparently, the Dow is taking this whole “115th birthday” thing a little too far, as traders across the world line up to give the index one birthday spanking after another. The index is down slightly today, allowing use of a pun that's been floating around the office all week. Other than, say, a...
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This Old Wall Street Darling Deserves Another Look (KKD, GMCR)
Thursday, May 26, 2011 - 8:58am | 835Did you know that Krispy Kreme Doughnuts (NYSE: KKD) just reported its first profitable year since 2004? Do you care? Well, you should. A number of years ago, the Winston-Salem based doughnut maker went from growth darling to near oblivion. But, after a...
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This Old Wall Street Darling Deserves Another Look (KKD, GMCR)
Thursday, May 26, 2011 - 8:58am | 835Did you know that Krispy Kreme Doughnuts (NYSE: KKD) just reported its first profitable year since 2004? Do you care? Well, you should. A number of years ago, the Winston-Salem based doughnut maker went from growth darling to near oblivion. But, after a...
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News Summary
Thursday, May 26, 2011 - 8:57am | 303Shares of Tiffany & Co (NYSE: TIF) gained about 8.3% after the company reported its first-quarter earnings at $81.1 million, or $0.63 per share, up from $64.4 million, or $0.50 per share, in the year-earlier period. Its adjusted earnings surged to $0.67 per share, from $0.48 per share. Tiffany'...