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Waiting for Big Ben to Chime In 04-26-2011
Tuesday, April 26, 2011 - 5:59pm | 869Cusick's Corner The market did grind into the close but could not hold the highs - the NAZ and the S&P are at levels that we haven't seen in years. While the earnings data was still strong, the market is waiting for the FOMC meeting tomorrow that will be followed by Bernanke's Q&A session...
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US Total Bonds Led By AGG, BND
Tuesday, April 26, 2011 - 3:18pm | 3047Retirement concerns are important for everybody. A well thought out, long term approach to investing is a key for retirement planning. The lower risks in bonds make them a key part of everybody's. Today we look at total bonds To understand bond returns one has to understand the bond dynamics....
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B&G Foods Reports EPS of $0.27 vs. $0.26 Estimate; Revenues $131.4M vs. $130.17M Estimate
Tuesday, April 26, 2011 - 3:04pm | 23B&G Foods (NYSE: BGS) Reports EPS of $0.27 vs. $0.26 Estimate; Revenues $131.4M vs. $130.17M Estimate
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Joint Nestle-General Mills Venture To Invest In Malaysia Plant -Bloomberg (NSRGY, GIS)
Tuesday, April 26, 2011 - 10:21am | 35There is a joint Nestle (NSRGY)-General Mills (NYSE: GIS) venture that will invest in a Malaysian plant reports Bloomberg.
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Earnings Roundup (F, HSY, ODP, LO, LMT, AN, COH, MMM, ITW, LCC, KO, DAL, UPS, OSIS, X)
Tuesday, April 26, 2011 - 9:25am | 9113M Co (NYSE: MMM) reported upbeat Q1 earnings and raised 2011 profit projections. The company's Q1 profit came in at $1.08 billion, or $1.49 per share, up from $930 million, or $1.29 per share, in the year-earlier period. The company's revenue surged to $7.31 billion from $6.35 billion. However,...
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Deutsche Bank Comments On Hershey's 1Q11 Results
Tuesday, April 26, 2011 - 8:47am | 208According to Deutsche Bank, the Hershey Company (NYSE: HSY) reported opr. 1Q11 EPS of $0.72 vs. $0.69 est. and cons. Of $0.70. Results excl. $0.02 of charges (restructuring, other). Deutsche Bank said that sales were up 11% vs. +3-4% est mostly due to volume. Sales were helped by early 4Q10...
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A Peek Into The Market Before The Trading Starts
Tuesday, April 26, 2011 - 6:36am | 404Pre-open movers US stock futures are higher this morning, as investors are awaiting earnings reports from several companies and the start of the Federal Open Market Committee's meeting. Futures on the Dow Jones Industrial Average gained 24 points to 12,451.00 and S&P 500 index futures rose 4.40...
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Hershey Reports Q1 Net Income of $160.1 million
Tuesday, April 26, 2011 - 6:28am | 89Hershey Co (NYSE: HSY) released its results for the first quarter on Tuesday. HSY's net income increased to $160.1 million, or $0.70 per share, from $147.4 million, or $0.64 per share, in the year-ago quarter. On an adjusted basis, the company's earnings came in at $0.72 per share. However,...
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Hershey's Reports Q1 EPS $0.72 vs. $0.70 Est.; Revenues $1.56B vs. $1.46B Est. (HSY)
Tuesday, April 26, 2011 - 6:20am | 29Hershey's Reports Q1 EPS $0.72 vs. $0.70 Est.; Revenues $1.56B vs. $1.46B Est. (NYSE: HSY). Company also announces a $250M share repurchase program.
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Deutsche Bank Maintains Buy Rating On SLE
Tuesday, April 26, 2011 - 6:09am | 106Deutsche Bank is maintaining its Buy rating on shares of Sara Lee Corp. (NYSE: SLE). “Even with decent stock performance over the last month, we see risk / reward skewed positively between current valuation vs. future M&A optionality,” Deutsche Bank writes. “A combination of minimal debt, cash...
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Hershey Reports EPS of $0.72 vs. $0.70 Estimate; Revenues $1.56 vs. $1.48B Estimate
Tuesday, April 26, 2011 - 6:03am | 20Hershey (NYSE: HSY) Reports EPS of $0.72 vs. $0.70 Estimate; Revenues $1.56 vs. $1.48B Estimate
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Stocks to watch For April 26: WU, NBR, AMZN, F, KO, HSY, VLO, LO, DV, MMM, LMT, BRCM…
Tuesday, April 26, 2011 - 5:34am | 1712The Western Union Company (WU) -0.14% is forecast to post earnings of 34 cents a share in the first quarter. Shares of Western Union Company are trading higher by +0.05% ahead of its quarterly earnings release. Western Union, the money transfer services company is expected to release its...
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Earnings Scheduled For April 26 (F, MMM, UPS, KO, VLO, DAL, AMZN, LO, BRCM, LMT, DV, DWA, AN, LCC, AKS, COH, HSY, MNY, X)
Monday, April 25, 2011 - 11:48pm | 500Ford Motor Co (NYSE: F) is projected to report its Q1 EPS at $0.50 on revenue of $30.64 billion. 3M Co (NYSE: MMM) is estimated to post its Q1 EPS at $1.44 on revenue of $6.95 billion. United Parcel Service Inc (NYSE: UPS) is expected to post its Q1 earnings at $0.85 per share on revenue of $12....
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Market Has Gas in Tank 04-25-2011
Monday, April 25, 2011 - 3:43pm | 956Cusick's Corner The market has a lot of gas in the tank if you take earnings as the catalyst. Keep an eye on the Volatility Index VIX. As a review, this index measures the implied volatilities of the front two months of the SPX, the cash settled S&P 500 index. The VIX has settled the last two...
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Earnings Preview For The Hershey Company (HSY)
Monday, April 25, 2011 - 3:01pm | 322The Hershey Company (NYSE: HSY) is expected to publish its Q1 earnings before the markets open on Tuesday, April 26. Analysts are expecting earnings per share to reach $0.70. Roughly two months ago, analysts upgraded their estimates by $0.01. Last year, the company reported earnings of $0.64 per...