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General Mills Announces Definitive Agreements to Acquire Yoplait Interests
Wednesday, May 18, 2011 - 7:54am | 121General Mills (NYSE: GIS) said today that it signed definitive agreements with PAI partners and Sodiaal to acquire a 51 percent controlling interest in Yoplait S.A.S. and a 50 percent interest in a related entity that holds the worldwide Yoplait brands for approximately €810 million. Sodiaal, the...
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BND Leads US Total Bond ETFs
Tuesday, May 17, 2011 - 6:49pm | 1063Retirement concerns are important to us all. A well thought out, long term approach to investing is a key for retirement planning. This makes bonds attractive. The lower risk inherent in bonds make them a key part most portfolios. Today we look at total bonds What are corporate Bonds? Companies...
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Fast Money Picks For May 18th (EEM, SJM, KMP, JPM, WFC)
Tuesday, May 17, 2011 - 6:41pm | 232On CNBC's Fast Money, Tim Seymour said that investors should start to buy iShares MSCI Emerging Markets Index (ETF) (NYSE: EEM). iShares MSCI Emerging Markets Index (ETF) (EEM) gained 0.32% today, and it closed at $47.00. Guy Adami likes The J.M. Smucker Company (NYSE: SJM), and wants to buy it...
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Watch the Zig-Zag 05-17-2011
Tuesday, May 17, 2011 - 2:28pm | 1011Cusick's Corner I do not like what I see -- too many stocks are slicing through mid-term support, 50 SMA, and the sector rotation is very defensive. In full disclosure I am working, not in yet, a neutral/bearish ratio spread in the S&Ps. The Bulls are on watch, neutral positioning that has...
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Puts Purchased on Cosan Limited (CZZ)
Tuesday, May 17, 2011 - 10:08am | 152Shares of Cosan Limited (NYSE: CZZ) are lower on the session by 0.27%, currently trading at $11.00. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...
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Options Brief: General Mills, Inc. (GIS)
Tuesday, May 17, 2011 - 9:27am | 84Shares of General Mills, Inc. (NYSE: GIS) are higher on the session by 0.20%, trading at $39.69. Overall call volume is now running at 3.52x the daily average, with 0% of all calls traded being purchases on the offer. 20,080 contracts have traded on the session so far. General Mills, Inc. is a...
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Benzinga's Top Downgrades (RAH, FXCM, ECT, CRARY)
Tuesday, May 17, 2011 - 7:13am | 137BB&T Capital downgraded Ralcorp Holdings Inc (NYSE: RAH) from “buy” to “hold.” RAH's shares closed at $89.78 yesterday. Ralcorp's trailing-twelve-month profit margin is 5.62%. Analysts at Citigroup downgraded FXCM Inc (NYSE: FXCM) from “hold” to “sell.” FXCM's shares closed at $9.97 yesterday...
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JP Morgan Raises PT On JM Smucker To $82
Tuesday, May 17, 2011 - 5:48am | 28JP Morgan has raised the price target on JM Smucker Company (NYSE: SJM) from $72 to $82 and maintains its Overweight rating.
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Yen Continues to Lose Ground Against Euro (YCS, TR, 4502)
Tuesday, May 17, 2011 - 2:23am | 168The Japanese currency has been losing ground against the euro in today's early trading. The yen is falling against the European currency on merger rumors and Portugal bailout. Rumors are spreading that a number of Japanese companies are planning overseas acquisitions, which will require them to...
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CEOWORLD Top women in business list- World's most Inspiring Businesswomen
Monday, May 16, 2011 - 11:03pm | 125315) Angela F. Braly- President and chief executive officer for WellPoint Inc. (WLP) 14) Ilene Gordon- Chairman of the Board, President and Chief Executive Officer of Corn Products International Inc. (CPO) 13) Ho Ching- Chief Executive Officer of Temasek Holdings Angela F. Braly ◄ Back...
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The J. M. Smucker Company Acquires Leading Hispanic Brands From Rowland Coffee Roasters
Monday, May 16, 2011 - 3:09pm | 161The J. M. Smucker Company (NYSE: SJM) today announced that it has completed an acquisition of the coffee brands and business operations of Rowland Coffee Roasters. Rowland Coffee's products are primarily sold under the leading Hispanic Cafe Bustelo and Cafe Pilon brands with distribution in...
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NASDAQ Stocks Hitting 52-Week Highs (TISA, VITA, ORCH, IPSU)
Monday, May 16, 2011 - 9:22am | 153Top Image Systems Ltd (NASDAQ: TISA) shares surged 33.17% to create a new 52-week high of $2.73. TISA reported that it has launched mobile banking solutions. Orthovita Inc (NASDAQ: VITA) shares jumped 40.11% to create a new 52-week high of $3.83. VITA agreed to be purchased by Stryker Corp (NYSE:...
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J.P. Morgan Upgrades Sara Lee To Overweight
Monday, May 16, 2011 - 6:55am | 98According to J.P. Morgan, Sara Lee (NYSE: SLE) is upgraded to Overweight from Neutral. J.P. Morgan said that it is upgrading Sara Lee to Overweight from Neutral, with a December 2011 target of $23. “Following our meeting with CEO Marcel Smits and executive chairman Jan Bennink, we have a deeper...
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Should i buy Suburban Propane, Nucor, Olin Corporation- SPH, NUE, OLN today?
Monday, May 16, 2011 - 6:52am | 1292Suburban Propane Partners (SPH) is trading at a price of $52.90, a dramatic change of -0.49 with % change of -0.92 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 1.87B. TTM Gross Margin- 19.9%, TTM...
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A Peek Into The Market Before The Trading Starts
Monday, May 16, 2011 - 6:23am | 393Pre-open movers US stock futures are lower this morning, after decline in global markets. Futures on the Dow Jones Industrial Average dipped 51 points to 12,505.00 and futures on the S&P 500 stock index fell 5.80 points to 1,328.00. Nasdaq 100 futures dropped 5.25 points to 2,364.75. A Peek...