-
Mad Money Lightning Round OT: Cramer Likes BYD (DF, BYD, ARIA)
Tuesday, May 24, 2011 - 6:39pm | 149Jim Cramer said on CNBC's Mad Money Lightning Round OT that you shouldn't buy Dean Foods Company (NYSE: DF), because it had a huge run recently. Dean Foods Company (DF) gained 0.22%, and it closed at $13.51. Ariad Pharmaceuticals, Inc. (NASDAQ: ARIA) is a good speculative stock, and Cramer wants...
-
The Pollution Lawyers Announce $8.1M Settlement with Kraft in Chemical Contamination Class Action
Tuesday, May 24, 2011 - 3:18pm | 86Kraft (NYSE: KFT) Foods Global, Inc. will pay $8.1 million to settle a class action lawsuit brought by 124 families in Attica, Indiana, who alleged that pollution from a local Kraft-owned factory contaminated the air and water inside their homes. Under the terms of the agreement, Kraft is also...
-
Is Sodastream International The Next Green Mountain Coffee Roasters?
Tuesday, May 24, 2011 - 2:13pm | 171Sodastream International (NASDAQ: SODA) soared more than 20% last Wednesday after the company reported better than expected earnings. After consolidating for the last few trading days, SODA is breaking out again. The stock has jumped 3.62% to $56.36. Volume is starting to pick up and around 1...
-
Calls Purchased on Chiquita Brands International
Tuesday, May 24, 2011 - 12:15pm | 139Shares of Chiquita Brands International (NYSE: CQB) are higher on the session by 0.39%, currently trading at $13.98. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the...
-
Bull & Bear: Chiquita Brands International
Tuesday, May 24, 2011 - 12:11pm | 287Shares of Chiquita Brands International (NYSE: CQB) are trading higher on the session by 0.39%, at $13.98. With shares hovering around the $14.00 level, you have to wonder where they could be heading next… Bulls: bulls will note that the $14.00 level is a major resistance come support level....
-
Puts Purchased on Sanderson Farms
Tuesday, May 24, 2011 - 11:04am | 116Shares of Sanderson Farms (NASDAQ: SAFM) are higher on the session by 1.07%, currently trading at $46.48. The stock has been moving largely higher over the past three months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
-
Options Brief: Campbell Soup Company
Tuesday, May 24, 2011 - 9:33am | 92Shares of Campbell Soup Company (NYSE: CPB) are higher on the session by 0.67%, trading at $35.18. Overall put volume is now running at 2.90x the daily average, with 1% of all puts traded being purchases on the offer. 1,517 contracts have traded on the session so far. Campbell Soup Company...
-
Jefferies Comments On Sanderson Farms F2Q Operating Loss
Tuesday, May 24, 2011 - 8:40am | 111According to Jefferies, Sanderson Farms (NASDAQ: SAFM) reported an F2Q operating loss of $0.56, a smaller loss than $0.84 Street expectation and in line with our $0.57. Jefferies said that COGS was 100% of sales in the quarter, driven by a 2% Y/Y increase in chicken prices and a previously...
-
Gabelli Maintains Buy on Campbell Soup
Tuesday, May 24, 2011 - 8:35am | 147Gabelli is out with its report today on Campbell Soup (NYSE: CPB), maintaining Buy. In a note to clients, Gabelli writes, "As we look toward the company's July analyst meeting, we expect management to walk through its plans to revitalize soup, including additional new product introductions,...
-
Earnings Roundup For May 24
Tuesday, May 24, 2011 - 7:47am | 675Medtronic Inc (NYSE: MDT) reported a 19% drop in its fourth quarter net income on Tuesday. Medtronic reported its Q4 profit at $776 million, or $0.72 per share, down from $954 million, or $0.86 per share, in the year-ago period. Excluding restructuring and other costs of $198 million, Medtronic's...
-
J.P. Morgan Reports on Sanderson Farms
Tuesday, May 24, 2011 - 7:43am | 167J.P. Morgan commented on Sanderson Farms (NASDAQ: SAFM) in a report released yesterday. In the report, J.P. Morgan was not positive in its assessment of the company. J.P. Morgan writes, "Sanderson Farms this morning reported a $(0.74) fiscal second quarter, or $(0.56) excluding an inventory write-...
-
Benzinga's Top Upgrades
Tuesday, May 24, 2011 - 7:24am | 137FBR Capital upgraded Gentiva Health Services Inc (NASDAQ: GTIV) from “underperform” to “market perform.” GTIV's shares closed at $23.91 yesterday. GTIV's PEG ratio is 0.60. Analysts at Credit Suisse upgraded Campbell Soup Company (NYSE: CPB) from “underperform” to “neutral.” CPB's shares closed at...
-
Credit Suisse Upgrades CPB, Downgrades EWBC
Tuesday, May 24, 2011 - 7:12am | 52Credit Suisse has issued the following rating changes: Campbell Soup Company (NYSE: CPB) upgraded from Underperform to Neutral, PT raised from $32 to $35 East West Bancorp (NASDAQ: EWBC) downgraded from Outperform to Neutral, PT lowered from $22 to $21
-
Bank of America Merrill Lynch Updates FY11 EPS Estimate on Campbell Soup
Tuesday, May 24, 2011 - 7:00am | 154Bank of America Merrill Lynch is out with its report today on Campbell Soup (NYSE: CPB), updating its FY11 EPS estimate. In a note to clients, Bank of America Merrill Lynch writes," We raise our FY11 EPS estimate from $2.40 to $2.47. Our FY11 estimates are predicated on sales growth of +0.3% (incl...
-
Morgan Stanley Reiterates Overweight on Campbell Soup
Tuesday, May 24, 2011 - 6:52am | 122Morgan Stanley is out with its report today on Campbell Soup (NYSE: CPB), reiterating Underweight. In a note to clients, Morgan Stanley writes, "We reiterate our Underweight rating on Campbell following F3Q11 results. While results exceeded expectations, it was due to lower SG&A and better...