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Mother's Day was Yesterday: What Stocks Might Benefit
Sunday, May 8, 2011 - 10:18pm | 558Mother's Day was yesterday, and for the last couple weeks, sales have been rising for chocolate, flowers, and jewelry, along with greeting cards and gift wrap. Investors looking for stocks that might be participating in the Mother's Day buying activity can find a few ideas on the chocolate and...
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Earnings Preview for Dean Foods (DF, GIS)
Sunday, May 8, 2011 - 4:20pm | 371Dean Foods (NYSE: DF) is expected to announce its Q1 earnings results on Tuesday, May 10, before the markets open. Analysts are expecting earnings per share to be $0.06, or a fall of 73.9% on Q1 2010. Revenues are projected to stand at $3.07 billion, or an increase of 3.3% year-over-year. Dean...
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Greece is the Word 05-06-2011
Friday, May 6, 2011 - 5:02pm | 851Cusick's Corner What a week -- Nonfarm Payrolls were the catalyst to the upside and then Greece tempered the positive nature of the data but the markets were able to retake half the damage of last session's move. The choppy action into the close and the Dollar firming up into the After Hours has...
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Zings Of The Day (V, KFT, HBC)
Friday, May 6, 2011 - 2:50pm | 145Visa Inc. (NYSE: V) reported better than expected earnings, but doubts continue about the payments network's ability to grow under regulation. I guess Visa isn't everywhere you want to be. Kraft Foods Inc (NYSE: KFT) reported better-than-expected first-quarter profits yesterday, led by price...
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Bounce Attributed to Commodity Money Shifting into Equities 05-06-2011
Friday, May 6, 2011 - 1:38pm | 857Cusick's Corner The market bounced nicely after yesterday's slide and that can be attributed to the shifting of money in commodities over to equities, plus Private Payrolls came in much better than expected. But the dollar has firmed, emotions in the EU are starting to flow (as I write this there...
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UPDATE: Unilever Receives Approval to Acquire Alberto Culver
Friday, May 6, 2011 - 1:35pm | 146Unilever (NYSE: UL) today announced that it has reached an agreement with the US Department of Justice that will complete its proposed acquisition of the Alberto Culver Company. Subject to customary closing conditions, the acquisition is expected to close on or about May 10, 2011. Under the terms...
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DoJ Requires Divestitures In Unilever's Buy of Alberto-Culver -Bloomberg (UN, ACV)
Friday, May 6, 2011 - 1:09pm | 215The Department of Justice announced today that it has reached a settlement with Unilever (NYSE: UN) and Alberto-Culver Co. (NYSE: ACV) that requires them to divest two hair care brands in order to proceed with Unilever's $3.7 billion acquisition of Alberto- Culver. The department said that the...
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Puts Purchased on Tyson Foods, Inc. (TSN)
Friday, May 6, 2011 - 10:00am | 139Shares of Tyson Foods, Inc. (NYSE: TSN) are lower on the session by 0.57%, currently trading at $19.11. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while ago...
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Deutsche Bank Reiterates Hold Rating On Kraft Foods
Friday, May 6, 2011 - 7:51am | 86According to Deutsche Bank, Kraft Foods (NYSE: KFT) Hold rating is reiterated. Deutsche Bank said that although core Kraft is performing a bit better than expected, the concern regarding Cadbury was reinforced in the 1Q11. “While we believe in the LT potential for snacks & confection, Kraft...
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J.P. Morgan Reports on TreeHouse Foods (THS)
Friday, May 6, 2011 - 6:58am | 171J.P. Morgan released a report on TreeHouse Foods (NYSE: THS) earlier today. In the report, J.P. Morgan explained its removal of TreeHouse from the U.S. Analyst Focus List, but remained optimistic for the future of TreeHouse. J.P. Morgan states, “We are removing THS from the US Analyst Focus List....
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Morgan Stanley Equal Weight On Sara Lee Corp. (SLE)
Friday, May 6, 2011 - 6:30am | 170Morgan Stanley has an Equal Weight rating and a $14.50 price target on shares of Sara Lee Corp. (NYSE: SLE). In a note to investors, Morgan Stanley writes, "We are retaining our EW rating, lowering our F11 and F12 EPS estimates, but maintaining our $14.50 fundamentally driven sum of the parts PT....
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Deutsche Bank Raises PT On Kraft Foods To $32
Friday, May 6, 2011 - 5:55am | 27Deutsche Bank has raised the price target on Kraft Foods (NYSE: KFT) from $30 to $32 and maintains its Hold rating.
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JP Morgan Raises PT On TreeHouse Foods To $62
Friday, May 6, 2011 - 5:17am | 27JP Morgan has raised the price target on TreeHouse Foods (NYSE: THS) from $57 to $62 and maintains its Overweight rating.
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Earnings Preview For Tyson Foods (TSN, PPC)
Friday, May 6, 2011 - 4:11am | 422Tyson Foods (NYSE: TSN) is expected to announce its Q1 earnings results on Monday, May 9. Analysts are predicting earnings per share will be down 8.7% year-over-year, falling from $0.46 to $0.43. In the last 30 days, consensus estimate was upgraded by $0.01. Revenues are projected to grow by 8.7%...
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Kraft Foods Reports EPS of $0.52 vs. $0.47 Estimate; Revenues $12.6B vs. $12.33B Estimate
Thursday, May 5, 2011 - 3:11pm | 22Kraft Foods (NYSE: KFT) Reports EPS of $0.52 vs. $0.47 Estimate; Revenues $12.6B vs. $12.33B Estimate