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Green Mountain Coffee Roasters Added to the NASDAQ-100 Index
Monday, May 23, 2011 - 9:06am | 51Green Mountain Coffee Roasters, Inc., (NASDAQ: GMCR) today announced that the Company will be added to the NASDAQ-100 Index, effective at the start of trading on Friday, May 27, 2011. The NASDAQ-100 Index is composed of the 100 largest non-financial stocks on the NASDAQ stock market.
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News Summary
Monday, May 23, 2011 - 8:58am | 235Shares of Campbell Soup Co (NYSE: CPB) gained about 0.1% after the company reported higher FQ3 profit on Monday. Campbell reported its FQ3 net income at $187 million, or $0.57 per share, up from $168 million, or $0.49 per share, in the year-earlier period. Its sales surged to $1.81 billion from $1....
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Campbell's Is M-M-M-M Good For Your Portfolio
Monday, May 23, 2011 - 8:14am | 449Campbell Soup Co. (NYSE: CPB) reported earnings this morning that beat Wall Street estimates, but shares are down on a weak equity market open. The company reported earnings of 57 cents per share on revenues of $1.81 billion, better than Wall Street estimates of 52 cents per share on $1.81 billion...
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J.P. Morgan Comments On Campbell Soup Adjusted Earnings
Monday, May 23, 2011 - 8:14am | 89According to J.P. Morgan, Campbell Soup Company (NYSE: CPB) this morning reported adjusted earnings for its third fiscal (April) quarter of $0.57, ahead of the consensus estimate of $0.52 and its estimate of $0.53. J.P. Morgan said that While CPB beat consensus estimates this quarter, the...
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Earnings Roundup For May 23
Monday, May 23, 2011 - 7:41am | 715Perry Ellis International Inc (NASDAQ: PERY) reported upbeat quarterly results and lifted its earnings guidance for the year. Perry Ellis reported its Q1 net income at $15.4 million, or $0.99 per share, up from $11.2 million, or $0.81 per share, in the year-ago period. Excluding items, PERY's...
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Flowers Foods Announces New $500 Million Credit Facility
Monday, May 23, 2011 - 7:30am | 65Flowers Foods, Inc. (NYSE: FLO) today announced it amended and restated its existing credit facility. The new credit agreement is a five-year, $500 million senior unsecured revolving loan facility with two, one-year extension options. Under the new credit facility, Flowers may request to increase...
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UPDATE: Campbell Soup Reports Rise In FQ3 Profit
Monday, May 23, 2011 - 6:58am | 103Campbell Soup Co (NYSE: CPB) reported higher FQ3 profit on Monday. Campbell reported its FQ3 net income at $187 million, or $0.57 per share, up from $168 million, or $0.49 per share, in the year-earlier period. Its sales surged to $1.81 billion from $1.80 billion. Campbell's gross-profit margin...
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Deutsche Bank Reports on Heinz
Monday, May 23, 2011 - 6:50am | 154In a report released Friday, Deutsche Bank commented on Heinz (NYSE: HNZ). In the report, Deutsche Bank was positive in its assessment of the company. Deutsche Bank writes, "We retain our BUY rating based on emerging mkt. exposure, leading share in selected US/EU products, productivity and...
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Jefferies Maintains Buy on Sanderson Farms
Monday, May 23, 2011 - 6:42am | 96Jefferies is out with its report today on Sanderson Farms (NASDAQ: SAFM), maintaining Buy. In a note to clients, Jefferies writes, "We've modeled an F2Q EPS loss of $0.57 (Street at $0.84 loss) and we're sticking with our thesis that F1Q11 represented the margin trough point. We continue to think...
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US Stock Futures Signal Lower Start On Wall Street
Monday, May 23, 2011 - 5:07am | 369US stock futures are lower this morning, as sovereign debt worries hit Europe. Futures on the Dow Jones Industrial Average dipped 124 points to 12,342.00 and futures on the S&P 500 stock index fell 13.50 points to 1,314.30. Nasdaq 100 futures dropped 24.25 points to 2,319.25. US stocks closed...
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Earnings Scheduled For May 23
Monday, May 23, 2011 - 12:10am | 324China Sunergy Co Ltd (NASDAQ: CSUN) is expected to report its Q1 EPS at $0.12 on revenue of $191.79 million. Perry Ellis International Inc (NASDAQ: PERY) is projected to report its Q1 earnings at $0.99 per share on revenue of $277.07 million. GT Solar International Inc (NASDAQ: SOLR) is estimated...
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Stocks To Watch For May 23
Monday, May 23, 2011 - 12:00am | 227Some of the stocks that may grab investor focus today are: Wall Street expects Krispy Kreme Doughnuts Inc (NYSE: KKD) to report its Q1 EPS at $0.09 on revenue of $96.55 million. KKD shares closed at $6.40 on Friday. Analysts are expecting Campbell Soup Company (NYSE: CPB) to have earned $0.52 per...
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Earnings Highlights for the Week Ahead
Sunday, May 22, 2011 - 10:19am | 793This week, quarterly results are due from Campbell Soup (NYSE: CPB) and Polo Ralph Lauren (NYSE: RL), which are expected to report that earnings are lower than they were a year ago. From AutoZone (NYSE: AZO), Big Lots (NYSE: BIG), DSW (NYSE: DSW), H.J. Heinz (NYSE: HNZ), Hormel Foods (NYSE: HRL),...
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Options Brief: Tyson Foods, Inc.
Friday, May 20, 2011 - 12:36pm | 90Shares of Tyson Foods, Inc. (NYSE: TSN) are higher on the session by 1.56%, trading at $18.85. Overall call volume is now running at 5.94x the daily average, with 89% of all calls traded being purchases on the offer. 10,736 contracts have traded on the session so far. Tyson Foods, Inc. is a meat...
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Gabelli Maintains Hold on Flowers Foods
Friday, May 20, 2011 - 8:45am | 113Gabelli is out with its report today on Flowers Foods (NYSE: FLO), maintaining Hold. In a note to clients, Gabelli writes, "Flowers continues generate industry-leading sales growth and profits as the company expands into new territories, introduces new products, grows market share, while...