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Are You Bullish on a Rapture Market?
Tuesday, May 10, 2011 - 3:32pm | 572It's hard to take seriously the claims of an end-of-the-world prognosticator when he's already struck out once. How does the old saying go? Fool me once, shame on you. Fool me twice, shame on me? Nonetheless, Harold Camping, the leader of an independent Christian ministry called Family Radio...
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Market Analysts'Downgrades on 5/10/11- GSIC, JNY, NNBR, PAL, PANL, PHG, RAH, ROSE, SFD, TLB, TSN, VE, ADM, AEO, BASFY, BID, DIOD, GEN
Tuesday, May 10, 2011 - 9:40am | 1286Raymond James downgraded shares of GSI Commerce (GSIC), a provider of e-commerce and interactive marketing services to businesses, from an “outperform” rating to a “market perform” rating. Goldman Sachs downgraded shares of Jones Apparel Group Inc. (JNY) from a “neutral” rating to a “sell” rating...
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shares Price Target Changes on 5/10/11- RAX, ROSE, SLW, TC, THC, FE, FLR, HOGS, IILG, LQDT
Tuesday, May 10, 2011 - 9:33am | 1155Kaufman Brothers analysts raised their price target on shares of Rackspace Hosting Inc. (RAX) from $35.00 to $38.00. Rackspace Hosting, Inc. operates in the hosting and cloud computing industry. RBC Capital analysts raised their price target on shares of Rosetta Resources Inc. (ROSE), an...
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Market Analysts coverage on 5/10/11- NRG, OLP, RIO, TAL, TRGP, VIVO, VRX, VVC, AAUKY, BHP, BOBE, CEPH, CSCO, CZZ, GPK, MDVN, NGLS, NNA
Tuesday, May 10, 2011 - 9:14am | 1311Dahlman Rose analysts initiated coverage on shares of NRG Energy Inc. (NRG),a wholesale power generation company. They set a “buy” rating and a $29.00 price target on the stock. Compass Point analysts initiated coverage on shares of a self-administered and self-managed real estate investment...
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Updates- Caesars Entertainment, ING Groep, Fiat, F, HELE, SSGRX, STP, FSLR LRN, WEN, CME, SSP
Tuesday, May 10, 2011 - 8:37am | 1108Fiat SpA (F), an Italy-based company active in the automobile sector, said it isn't planning to raise its stake in Chrysler Group LLC beyond 51%, despite options available that could boost its stake to 70%. Ally Financial Inc. is in talks to buy ING Groep NV‘s (INE) online bank, ING Direct USA....
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News Summary
Tuesday, May 10, 2011 - 8:33am | 213The US dollar and Treasury prices dropped after US import prices increased 2.2% in April. Against the greenback, the euro gained to $1.4387 from $1.4349. The dollar index (DXY) dropped to 74.585, versus 74.710 in late North American trading on Monday. Yields on 10-year notes gained 1 basis point to...
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Earnings Roundup For May 10 (DF, LRN, MDC, CVLT, DEP, ITYBY, HMIN, IHG, EPD, WMG, BRGYY, TUIVY, PIKE, SZKMY, JASO)
Tuesday, May 10, 2011 - 7:49am | 865Dean Foods Co (NYSE: DF) reported a 41% decline in its first-quarter profit on Tuesday. The company reported its Q1 profit at $25.3 million, or $0.14 per share, compared with $43.2 million, or $0.24 per share, in the year-earlier period. The company's net sales increased 3% to $3.05 billion....
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Unilever Seeks Public Offer For All 6%, 7% Cumulative Preferred Shares -Bloomberg (UN)
Tuesday, May 10, 2011 - 7:09am | 22Bloomberg reports that Unilever (NYSE: UN) seeks public offer for all 6%, 7% cumulative preferred shares.
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UPDATE: Dean Foods Reports Better-Than-Expected Q1 Earnings, Raises Forecast; Shares Surge In Pre-Market Trading
Tuesday, May 10, 2011 - 6:59am | 120Dean Foods Co (NYSE: DF) reported a 41% decline in its first-quarter profit on Tuesday. The company reported its Q1 profit at $25.3 million, or $0.14 per share, compared with $43.2 million, or $0.24 per share, in the year-earlier period. The company's net sales increased 3% to $3.05 billion....
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US Stock Futures Up After China Trade Surplus; All Eyes On Microsoft
Tuesday, May 10, 2011 - 5:38am | 567US stock futures are higher this morning, as China reported stronger-than-expected trade surplus. Microsoft Corp (NASDAQ: MSFT) is reportedly nearing a deal to purchase Internet phone company Skype Technologies. Futures on the Dow Jones Industrial Average gained 39 points to 12,670.00 and futures...
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Earnings Scheduled For May 10 (DF, MCP, DIS, ACMR, MBI, MDR, WEN, ACAD, BLD, LIWA, AHCI, FRM, BKH, TAST, RDNT)
Tuesday, May 10, 2011 - 1:13am | 405Dean Foods Co (NYSE: DF) is projected to report its Q1 EPS at $0.06 on revenue of $3.07 billion. Molycorp Inc (NYSE: MCP) is estimated to post its Q1 EPS at $0.10 on revenue of $41.68 million. Walt Disney Company (NYSE: DIS) is projected to report its FQ2 EPS at $0.56 on revenue of $9.13...
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GCC Leads Broad Based Commodity ETFs
Monday, May 9, 2011 - 8:13pm | 2808Investing is a major concern especially for those for whom retirement is the next step in their lives. Every investor has their own concept of investing; some are investing for long term and some are investing for a shorter term. We review ETF's in a number of major asset classes to provide insight...
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Taking a Look at Index Options 05-09-2011
Monday, May 9, 2011 - 6:18pm | 959Cusick's Corner A few readers have asked me to explain the definition of an index. An index is a grouping of stocks used to track and represent a sector, segment of the market, or a broad market, such as the Standard & Poor's 500. The S&P500 (SPX) is one of the world's best known indexes...
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Buyers Flexing Muscles 05-09-2011
Monday, May 9, 2011 - 5:34pm | 931Cusick's Corner Buyers are flexing their muscles into the Midday after what seemed to be a potentially shaky open with the Dollar firming and the S&P downgrade of Greece. While the commodity sector will need some more economic confidence building before Funds and Specs come back into those...
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Is Green Mountain Coffee Roasters Shuffling the Beans to Beat Earnings Expectations?
Monday, May 9, 2011 - 3:57pm | 2331Courtesy of Sam Antar of White Collar Fraud On May 3, 2011, Green Mountain Coffee Roasters (NASDAQ: GMCR) beat analysts' earnings estimates by $0.10 per share for the thirteen-week period ended March 26, 2011. The next day, the stock price had risen to $11.91 per share to close at $75.98 per share...